5 Ways To Fight Costlier Legal Malpractice Claims In 2017
Law360, New York (December 30, 2016, 9:37 AM EST) -- The Profile of Legal Malpractice Claims: 2012-2015, recently published by the ABA Standing Committee on Lawyers Professional Liability, confirms that the cost of defending professional liability claims can be high and that the number of claims with defense costs in excess of $100,000 has increased. Many expect this trend to continue and perhaps even to accelerate.
There are a number of concrete, practical steps that law firms can take to address the high cost of defending legal malpractice claims, both before and after a claim is made, including those discussed below.
1. Review your insurance program.
The time to review a...
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