In the current legal climate, law firms face considerable risk from legal malpractice claims. Even if your firm is extremely diligent in your duty and obligations to clients and you enjoy great relationships with clients today, your firm could still face a stressful claim or costly litigation from an unhappy client in the future.
Legal Professional Liability Insurance can help protect your firm and minimize your risk, but many lawyers still have Professional Liability Insurance FAQs about why it’s needed, what it is and how it works.
Why Is Professional Liability Insurance Needed?
While some law firms may go decades without a problem, others won’t be as lucky. Human errors are easy to make and can be difficult to prevent, and even a small administrative error could lead to costly claim. Yet […]