lawyers malpractice claims News

Law Firms and Their Insurers Feel the Pain of Bigger Malpractice Claims

Even as law firms made adjustments to sustain their operations through the COVID-19 pandemic, they were unable to avoid the rising costs of malpractice claims. Indeed, the time period beginning in 2019 through mid-2020 marked the worst two years on …

Insurers See Rise in Severity of Lawyers’ Malpractice Claims: Ames & Gough

Although the frequency of law firm malpractice claims has begun to level off following a post-recession surge, their severity has continued to increase. A study by insurance broker Ames & Gough finds most leading legal malpractice insurers had a continuing …