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Risks Law Firms May Face

Many general liability policies don’t cover professionals from allegations of wrongdoing or negligence. Professional liability insurance for lawyers does cover these allegations. It is very common for lawyers to be accused of wrongdoing if a case does not go the way their client wants it to. In other words, there are many risks that lawyers face, and they have to make sure that their insurance policies fill all of the gaps.

Risks

The risks that lawyers face are varied and many. Some include:

  • Being accused of malpractice due to clerical errors.
  • Allegations that the lawyer did not address the client’s needs.
  • Getting sued due to alleged conflict of interest.
  • Allegations that the lawyer breached their fiduciary duties.

No matter what a lawyer is being accused of, it can be career changing if their insurance is not good.

Talk to an Insurance Agent

If you talk to an insurance agent today, you can make sure that you have the coverage you need. You can find out if professional liability insurance for lawyers is right for you, or if you should customize any policies to better fit what you need. You don’t have to be liable for everything. Take some of the risks off of your shoulders by talking to an insurance agent and getting the coverage that is right for you. It will benefit you, your clients and your law firm.

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