- Book
- January 2024
- 543 Pages
United States
Legal malpractice is a form of professional negligence that occurs when a lawyer fails to provide legal services with the standard of care that is expected of a professional in the legal field. It can occur when a lawyer fails to meet deadlines, fails to provide adequate representation, or fails to provide accurate advice. It can also occur when a lawyer fails to properly communicate with a client or fails to properly document a case.
Legal malpractice can have serious consequences for both the lawyer and the client. It can lead to financial losses, reputational damage, and even criminal charges. In some cases, it can also lead to disciplinary action from the state bar association.
There are a number of companies that specialize in legal malpractice insurance and risk management. These companies provide services such as risk assessment, legal malpractice insurance, and risk management consulting. Examples of companies in this market include Aon, Chubb, Marsh, and Willis Towers Watson. Show Less Read more