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22. Predecessor firm means any person or entity that was formerly engaged in providing legal services but who <br />no longer does so, and to which financial assets and liabilities the Named Insured is the majority successor in <br />interest, and that is identified as a predecessor firm in the Declarations of this Policy. <br />23. Prior claim means any claim first reported to us during the policy period, but first made against an Insured <br />during the effective dates of a prior policy issued by us to the Named Insured and continuously renewed up to <br />the present policy period. <br />24. Prior known incident means any same or related wrongful act, legal services, fact, circumstance or adverse <br />outcome that results in a claim being first made against an Insured during this policy period, and which: <br />Is known to an Insured; <br />b. Is reasonably apparent to an Insured that a claim might be made; and, <br />C. Became known to an Insured during a prior policy issued by us to the Named Insured and continuously <br />renewed up to the present policy period. <br />25. Privacy incident means a violation of any privacy regulation arising from an act, error or omission in your <br />performance of legal services for others resulting in privacy incident expenses. <br />26. Privacy incident expenses means reasonable expenses for attorney's fees and costs, consultation with <br />information technology experts, and court costs necessarily incurred by the Insured to respond to a formal <br />regulatory inquiry by a governmental body or agency with authority to investigate professional misconduct with <br />regard to a privacy incident. <br />27. Privacy regulation means any state or federal statute, law or regulation associated with the control and use of <br />personally identifiable financial, medical or other sensitive information including, but not limited to, Graham Leach <br />Bliley Act, Health Insurance Portability and Accountability Act, or Health Information Technology for Economic <br />and Clinical Health Act, or any of their extensions or amendments. <br />28. Related claims means all claims based upon or arising from the same or related facts, circumstances, <br />situations, transactions, advice, events, decisions or wrongful acts or in connection with the same or related <br />series of facts, circumstances, situations, transactions, advice, events, decisions or wrongful acts. <br />29. Service provider means a business that provides computer-based services to the Named Insured with respect <br />to the Insured's computer system. <br />30. Wrongful act means any actual or alleged negligent act, error or omission in the performance of legal services, <br />or personal injury in the performance of such legal services, for others by you. <br />31. You, your or Insured means: <br />a. The Named Insured and any predecessor firm specifically named in the Declarations of this Policy; <br />b. Any present partner, principal, officer, director, shareholder, or employed lawyer of the Named Insured, <br />but only during the performance of legal services in the course and scope of their duties on behalf of the <br />Named Insured; <br />C. Any past partner, principal, officer, director, shareholder, or employed lawyer of the Named Insured, but <br />only while they rendered or failed to render legal services in the course and scope of their duties on <br />behalf of the Named Insured; <br />d. Any lawyer who acts as Of Counsel or as an independent contractor to the Named Insured and is <br />designated as such in the Application and is listed in the Named Insured's records as Of Counsel or as <br />an independent contractor at the time of the wrongful act, but only during the performance of legal <br />services on behalf of the Named Insured; <br />e. Any non -lawyer employee or non -lawyer independent contractor of the Named Insured whose work is <br />engaged and directed by the Named Insured, but only with respect to the furtherance of legal services <br />rendered and while acting in the course and scope of their duties on behalf of the Named Insured; or, <br />f. The estate, heirs, executors, administrators, assigns and legal representatives of any Insured in the event <br />of such Insured's death, incapacity, insolvency or bankruptcy, but only to the extent such Insured would <br />otherwise be provided coverage under this Policy. <br />ATY-0001-00-0116 Page 5 of 16 © 2016 Attorney Protective. All rights reserved. <br />