It’s not enough just to know the law; lawyers must understand the industry nuances of their clients, run their own business and manage both internal and external personalities to be successful.
No matter how good an attorney is, he or she likely have to deal with a malpractice claim in his or her career.
Typical malpractice claims can include:
While insurance coverage is available to assist with defense costs and potential damages, many factors impact the price and availability of insurance for lawyers, such as an attorney’s area of practice, claims history, size of law firm and disciplinary activity.
When it comes to small law firms — especially those with less than ten attorneys — it can be difficult to find affordable insurance for even the more straightforward risks.
In partnership with an “A- VII” rated carrier, Amwins offers an exclusive Lawyers Professional Liability (LPL) product designed to meet the unique needs of law firms with 1 to 25 attorneys. As a direct market product, we have direct access to the underwriters and claims handling as well as flexibility with terms and conditions.