Category Professional Liability Insurance

Being a lawyer is one of the most stressful occupations in the country, according to U.S. News. To be successful, a lawyer must be able to juggle tasks, understand complex issues, and act with decisive judgment under pressure—with no room for error. In the legal world, mistakes can be costly if they lead to a …

According to an article in Insurance Journal “The number of legal malpractice claims resulting in larger multimillion-dollar payouts – as well as the dollar amounts involved – has surged in the past year, with at least two settlements exceeding $250 million.” This data was based on a study conducted by insurance broker Ames & Gough …