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Limited Liability Legal Practice Instructions Form. This is a Wisconsin form and can be use in State Bar Statewide.
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Tags: Limited Liability Legal Practice Instructions, Wisconsin Statewide, State Bar
STATE BAR OF WISCONSIN
LIMITED LIABILITY LEGAL PRACTICE
Instructions
The registration form and annual updates are to be filed with the State Bar of Wisconsin in order for a
lawyer or a law firm to be recognized as a Limited Liability Organization under SCR 20:5.7. The
registration form must be signed by a lawyer who is licensed to practice law in Wisconsin and who holds an
ownership interest in the organization seeking to register under SCR 20:5.7.
Registration is on a July 1 through June 30 year. The registration form indicates the date the registration
expires.
Complete the registration form by providing:
♦
The name and address of the limited liability organization being registered.
♦
The state or jurisdiction in which organized, if other than Wisconsin.
♦
The attorney names, residence addresses, states or jurisdictions where licensed to practice law, and
attorney registration numbers of the lawyers in the organization and the nature of their ownership
interest (such as partner or shareholder) in the organization.
◊
◊
♦
For Wisconsin licensed lawyers, the attorney registration number is the seven digit number
appearing on the membership card members receive after paying membership dues.
If an attorney is licensed in two or more jurisdictions, please use separate lines to indicate
each state or jurisdiction and attorney registration number.
Proof of professional liability insurance by attaching a Certificate of Insurance identifying:
◊ Name of the professional liability carrier
◊ Policy Number and expiration date
◊ Limits of liability and deductible
Minimum professional liability insurance limits for registration under SCR 20:5.7 are:
Number of
Lawyers in
Firm
Combined Indemnity & Defense cost
Coverage per claim
Aggregate combined
Indemnity and Defense cost
Coverage per policy period
1 to 3
4 to 6
7 to 14
15 to 30
31 to 50
51 or more
$100,000
$250,000
$500,000
$1,000,000
$4,000,000
$10,000,000
$300,000
$750,000
$1,000,000
$2,000,000
$4,000,000
$10,000,000
To register, you must submit all of the following items:
♦ the completed form
♦ the registration fee payable to the State Bar of Wisconsin ($75 for initial registration; $25 for
subsequent years)
♦ the certificate of malpractice insurance
Send to: State Bar of Wisconsin, PO Box 7158, Madison, WI 53707-7158
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