Legal Malpractice Insurance
In most states, lawyers are not required to carry professional liability insurance. In fact, only two states require lawyers to hold coverage. When uninsured lawyers make mistakes, clients who are harmed may not have access to remedies. They may have difficulty securing a lawyer to represent the case or to take the case on a contingency fee basis. Too many uninsured lawyers may undermine the public’s trust and confidence in the legal profession. Professor Leslie Levin examines why only two states require professional liability insurance, the debate surrounding mandatory insurance, and why lawyer malpractice insurance is an issue of access to justice. She delves into the various insurance disclosure requirements among states and the types of client harms a mandatory insurance regime can prevent.
- APPROVED FOR:
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AZ: Professional Responsibility : 1.0
CA: Legal Ethics : 1.0
CT: Ethics and Professionalism : 1.0
NY: Ethics and Professionalism : 1.0
In most states, lawyers are not required to carry professional liability insurance. In fact, only two states require lawyers to hold coverage. When uninsured lawyers make mistakes, clients who are harmed may not have access to remedies. They may have difficulty securing a lawyer to represent the case or to take the case on a contingency fee basis. Too many uninsured lawyers may undermine the public’s trust and confidence in the legal profession. Professor Leslie Levin examines why only two states require professional liability insurance, the debate surrounding mandatory insurance, and why lawyer malpractice insurance is an issue of access to justice. She delves into the various insurance disclosure requirements among states and the types of client harms a mandatory insurance regime can prevent.
- APPROVED FOR:
-
AZ: Professional Responsibility : 1.0
CA: Legal Ethics : 1.0
CT: Ethics and Professionalism : 1.0
NY: Ethics and Professionalism : 1.0
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