Law Firms' Secret EPLI Insurance Risk Buster Bundle
Key Benefits of the Risk Buster Bundle
1. **Comprehensive Coverage**: The bundle provides extensive protection against a wide range of employment-related claims, ensuring that your firm is covered in various scenarios. This includes coverage for legal defense costs, settlements, and judgments, which can be financially burdensome without adequate insurance.
2. **Risk Assessment Services**: By offering regular risk assessments, the bundle helps identify potential vulnerabilities within your firm's employment practices. This proactive approach allows you to address issues before they escalate into costly legal disputes.
3. **Legal Consultation and Training**: Access to specialized legal consultation and employee training programs ensures that your firm stays updated on the latest employment laws and best practices. This can significantly reduce the likelihood of claims and enhance the overall workplace environment.
Real-World Examples and Pricing Context
In practice, law firms that have adopted the EPLI Insurance Risk Buster Bundle have reported a noticeable decrease in employment-related claims. For instance, a mid-sized firm in New York saw a 30% reduction in claims within the first year of implementing the bundle1. Such outcomes highlight the bundle's effectiveness in not only providing financial protection but also in fostering a more compliant and harmonious workplace.
Pricing for these bundles can vary based on the size of the firm, the number of employees, and the specific coverage options selected. On average, law firms can expect to invest between $1,200 and $2,500 annually for comprehensive EPLI coverage, with the risk buster bundle offering added value through its included services2.