Attorneys already have a difficult job, one that requires the filing of sensitive documents, going from courtroom to courtroom to argue cases, meeting their client’s needs on a daily basis, and after all of this they’re constantly faced with the possibility of a malpractice lawsuit. Lawyers are sued for any number of reasons. Most often, the suits arise from errors and omissions or the failure to meet expectations of clients.
Even when claims of malpractice are unfounded, as is often the case, a defense or settlement of a lawsuit causes a great deal of disruption to an attorney. This in turn can affect their partners, especially at smaller firms. This often ends up being quite costly, reducing billable hours, exposing personal assets and creating financial hardship. A mid size law firm attorney professional liability insurance policy is the one true way to protect your business when faced with litigation.
Good programs offer many benefits
Your current insurance policy may not be doing you justice so take a moment to compare professional liability insurance coverage that may now be available that can provide all of the coverage you need. Many program benefits include competitive coverage options, affordable rates, exceptional client services, as well as complimentary risk management tools and online services.
Obtaining liability insurance is a no brainer for any practicing attorney. As someone who handles court cases on an every day basis, you know how very litigious our society has become. Unfortunately many lawyers become victims of malpractice suits resulting in lives and financial fortunes being laid to ruin. Professional liability insurance offers valuable protection for lawyers.
Legal malpractice suits are filed daily
Unfortunately, clients on the losing end of cases may decide to sue their attorneys as a way of trying to recoup their legal fees. Whatever the reason, the cost of mounting a defense could cause an insurmountable loss of personal assets. Attorneys truly understand how liability lawsuits can destroy lives.
However, many attorneys assume that they’re immune from liability due to the fact that they’re good at what they do. Even when this is the case, it only takes one unsatisfied customer to destroy all of your hard work. Investing in mid size law firm attorney professional liability insurance is the best solution.