January 11, 2008, Newsletter Issue #81: Should I trust an attorney who claims to have attorney malpractice insurance?

Tip of the Week

Attorney malpractice insurance, unfortunately, is almost a necessary evil in today's society. Many firms will insure their employees with attorney malpractice insurance to protect not only the individual, but the firm as well, should occasion arise for them to be sued for malpractice.

This type of insurance is called professional insurance, and is much in line with medical malpractice insurance or any other businessman carrying a policy with errors and omissions, such as a realtor.

One could think of an attorney carrying insurance not as an indication they feel they will need it or have needed insurance coverage in the past, but rather a realistic approach to business and having covered all their proverbial legal bases.

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