Oklahoma Attorneys Mutual Insurance Company

04/03/2026

The OAMIC office will be closed Friday, April 3.
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03/23/2026

Legal malpractice, as well as many professional liability insurance, is what's called a "claims-made policy," meaning a policy must be active when a claim is made as well as when an incident, error or omission occurs. A gap in coverage can occur if renewal requirements aren’t met or payment is late, creating a lapse during which no coverage applies. If restarted, the prior acts date resets to the new policy start date, meaning allegations before that date may fall outside coverage. Continuous coverage is key. See our comment below for additional information about your claims-made policy, and how to avoid gaps in your coverage.

02/23/2026

Have you ever thought about attempting to map out a strategy to achieve guaranteed year-over-year revenue growth for the firm? Maybe you’ve actually considered ways to attract additional clients to the firm. We read about the increasing need for people and companies who struggle to solve their legal problems. At the same time, a good number of law firms fail to achieve the growth they desire. How is it that both of these factors co-exist? Successful firms seem to continue to find ways to grow in spite of traditional and non-traditional competition, e.g., Legal Zoom and others.

From my vantage point, the firm that achieves success is good at executing strategy, is efficient in its efforts in providing legal services, focuses on improving client experiences, and sticks to its knitting. So, what is involved in each of these components? See the full article below.

Have you ever thought about attempting to map out a strategy to achieve guaranteed year-over-year revenue growth for the firm? Maybe you’ve actually considered ways to attract additional clients to the firm. We read about the increasing need for people and companies who struggle to solve their leg...

02/19/2026

Lawyers make unintentional errors every day. In hard and easy cases, in trials and transactions, in large and small firms, and across many areas of practice - there's a lot going on and sometimes accidents just happen. Deadlines, long hours, demands from clients and more can contribute to the sometimes hectic work of any lawyer. But, interestingly, with everything going on that could go wrong, roughly 85% of all the errors reported in claims fall into just one of these four categories. Can you guess what they are? Learn if you're right, and ways to avoid them, in our comment below.

02/11/2026

As a lawyer in a solo or small firm, you wear many hats. From creating a business from the ground up to soliciting work to actually doing the legal work, you've got your hands full.
Marketing is one area that can overwhelm people who aren’t trained in it, especially as it’s continued to increase in complexity over the past decade. Gone are the days of newspaper ads and billboards being the only advertising tools. And, even though many people use platforms like Facebook to connect with friends and family across the world, using these tools for marketing is an entirely different ballgame.
If you're interested in learning more, see the full article linked below.

01/26/2026

Tail coverage, formally called an extended reporting endorsement, is often the final piece of your legal malpractice insurance. It is used for events like retirement, disability, leaving private practice or even death. Continuity of coverage is extremely important, you must have a policy in place both when an incident occurs and when the claim is reported. That’s where tail coverage comes in. Tail coverage keeps the door open for claims to be reported after your last policy has expired. Learn more in our comment below.

01/22/2026

While some areas of practice experience a high frequency of malpractice lawsuits, others have much higher severity in costs for defense and settlement. The average cost for defense and settlements of these types of lawsuits in Oklahoma can vary greatly. In some cases, it may only be a few tens of thousands. However, in some areas of practice this cost can increase dramatically to hundreds of thousands or even millions. Three practice areas account for most of these increases - do you know what they are? Check our comment below to see if you're right.

01/05/2026

The number one question we get asked by our insureds is, 'What limits do I need?' It's a tough question to answer, because no magical formula exists. If insureds can tell us what they'll be sued for, we can set the limit very accurately. Absent that ability, we have to focus our attention on other factors.

Setting coverage limits isn’t one-size-fits-all. Most people carry far too little: data shows only around 20% of policies with $100K per claim limits are actually sufficient. It may cost significantly less than you image to double that coverage. Factors like matters handled, average claim severity, and career exposure are important when choosing your limits.

For more discussion, see the Phil's Corner article linked in the comments below.

12/31/2025

As we say goodbye to 2025 and welcome 2026, we are grateful for everyone who has helped us ring in more than four decades of new years. The OAMIC office will be closed from noon on Dec. 31 through Jan. 1. Stay safe and we'll see you next year!

12/23/2025

Warmest wishes to our awesome insureds, amazing staff and and everyone who helps make OAMIC great every year! The OAMIC office will be closed Dec. 24 and 25.

12/16/2025

Email wire transfer fraud is a sophisticated scam using social engineering. Cybercriminals impersonate clients or sellers to trick you into sending funds. Simple ways to protect yourself is to verify requests by calling known contacts, use two-factor authentication, secure email systems, and educate clients about warning signs.

Get more details on tips to keep your firm and your money safe in the link in the comments.

12/08/2025

Too often the purchase of insurance, sometimes even legal malpractice insurance, is treated like commodity shopping. This also means many policyholders only look into what they actually bought when facing a claim.

So, aside from "how much does it cost?" what do you look for? If you don't know, see the comments below for a link to 10 questions to ask yourself before purchasing your legal malpractice insurance.