In-House Counsel At Risk For Malpractice Claims

Law360, New York (January 5, 2009, 12:00 AM EST) -- Although 2008 may be safely behind us, some of the consequences of the economic meltdown and the subprime lending saga are only now emerging, say legal malpractice insurance experts, predicting that in-house lawyers are likely to face an uptick in malpractice claims in the year ahead as a result of the financial crisis, mirroring the increase in claims in the wake of the options backdating implosion a few years back.

Those who were hurt by the subprime arrangements will ask for scrutiny of whether in-house counsel...
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