Why you should consider Lawyers Professional Liability coverage…
Lawyers' Professional Liability coverage helps protect law firms from costly malpractice lawsuits. Law firms that do not carry this coverage leave themselves open to a host of lawsuit possibilities, the most common being:
· Malpractice (a former client unhappy with the service of judgments they
· Suits that may arise out of a former client’s assertion that the bill is too
high, unjust, or, more commonly, overdue.
In some cases, a firm may be named as a defendant in a shareholder lawsuit for work they did for that client.
Lawyers' Professional Liability protects firms in the event they are successfully sued by actions of current firm lawyers; current employees such as paralegals and investigators; former employees, and, in some cases, the actions of current employees at a previous firm.