As an attorney, you know the legal profession has a multitude of risks. From malpractice claims and legal fees to security breaches and lost laptops, your firm faces inherent risks each and every day.
According to the latest ABA Profile of Legal Malpractice Claims*, legal malpractice claims continue to rise. Although less than 15% of cases result in a payment to the plaintiff by trial or settlement, there was a huge increase where claimants received more than $1 million. Unfortunately, even if you win a claim, it is costly to defend yourself. Adequate insurance is more important than ever to protect you against the unexpected.
To protect yourself, your partners and the assets of your firm from the costs of a potential claim, get Professional Liability Insurance from the NYC Bar Insurance Program.
Professional Liability Insurance
Professional Liability Insurance is critical to protect your firm from the multitude of risks you face each and every day. It covers the cost of legal fees your firm may face, if claims are filed as a result of your services. Even if you know your clients well and think they would never file a claim against you, it is better to be safe than sorry.
Protect your firm with Professional Liability Insurance from the New York City Bar Association Insurance Program. This policy will provide peace of mind that your firm will get back on track quickly, should there be a claim. Plus, when you purchase insurance from the NYC Bar Insurance Program, you know you get the right coverage at the best price.
To learn more about the importance of both Professional Liability Insurance, visit NYCBarInsurance.com, or contact us at 844.307.5960 or NYCBar@LocktonAffinity.com
Disclaimer: *2012-2015 ABA Profile of Legal Malpractice Claims