Professional Liability Insurance

All legal professionals who run their own business need professional liability insurance. This coverage protects both law firms and individuals against financial loss from lawsuits filed against them by their clients.

Attorneys and other legal practitioners have high levels of technical knowledge and are hired to use that knowledge. In most cases, it’s the ideal arrangement for both the client and legal professional. Yet situations arise in which a client believes the attorney did not meet professional requirements, was negligent in the performance of duties or in some way caused harm to the client or the client’s interests.

Clients have the right to bring accusations against their attorneys and legal-services providers. It’s up to a court to decide if these accusations are warranted, but at the same time, it’s up to the legal practitioner to maintain the necessary professional liability insurance to protect against these accusations and possible court judgments.