Calif. Bar OKs New Insurance Disclosure Rules

Law360, New York (May 21, 2008, 12:00 AM EDT) -- The California State Bar's Board of Governors has reportedly voted to recommend new rules that would require attorneys to disclose to clients whether they carry malpractice insurance.

Under the new rules, approved Friday by a 16-4 vote of the board, California lawyers who do not carry malpractice insurance must inform clients of their status if they expect to bill for more than four hours' work, the Recorder reported Tuesday.

The rules still need the approval of the California Supreme Court.

When the new rules were first...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.