Get Lpl 6020

Filling out the Lpl 6020 form is an essential step in applying for lawyers professional liability coverage. This guide will provide a clear, step-by-step approach to ensuring that you complete the form accurately and effectively. By following these instructions, you can streamline the process of submitting your application online.

Follow the steps to successfully fill out the Lpl 6020 form online:

1. Click ‘Get Form’ button to access the Lpl 6020 form and display it in your online editor.
2. Indicate whether you are submitting a new business application or a renewal. If new, fill in the date your firm was established and the effective date requested.
3. Enter your firm’s legal name and trade name (doing business as name), along with your street address, city, state, zip code, and county.
4. Provide the primary contact information, including the name, title, phone, fax, email, and firm website address. Specify the legal status of your firm (e.g., sole practitioner, LLP).
5. List all attorneys with your firm, including their names, positions, admission year, and states in which they are admitted to practice.
6. Record the total number of non-attorney staff employed by your firm.
7. Indicate whether your firm operates as a part-time legal practice if the hours worked are less than 1000 per year.
8. Answer whether anyone employed provides professional or business services beyond the practice of law; if yes, include details.
9. If applicable, provide information for the backup attorney assigned for sole practitioners.
10. Estimate the percentage of your firm’s gross billings across various areas of practice, ensuring the total is 100%.
11. Fill in the percentage of revenues generated from high net worth individuals, large public companies, and large private companies.
12. Provide details on your top three clients, including names, industries, and the legal services provided to each.
13. Indicate gross revenue amounts for the current fiscal year and the two preceding years.
14. Answer questions regarding unique products or services your firm provides, and disclose any relevant financial institution matters.
15. Complete the risk management section, indicating whether your firm has policies and procedures in place.
16. Fill in prior insurance and claim history, including information on previous professional liability coverage and any past claims.
17. Sign and date the application, confirming the accuracy of the information and understanding the agreement.
18. Review the entire application for completeness, then save changes, download, print, or share the form as needed.

Complete your Lpl 6020 form online today to secure your professional liability coverage.