Top 10 Practice Areas for Attorney Malpractice

Top 10 Practice Areas for Attorney Malpractice

According to insurance industry research, the Top Ten areas of law with the highest risk of malpractice claims are: Real Estate 20.33% Plaintiff Personal Injury 15.59% Family Law 12.14% Estate/Trust/Probate 10.67% Collection and Bankruptcy 9.2% Corporate/Business Organization 6.79% Criminal 5.65% Business Transaction commercial Law 4.11% Personal Injury – Defense 3.26% Labor Law 2.19% The American … Read more

Legal Malpractice Trends

Legal Malpractice Trends

The American Bar Association Standing Committee on Lawyers’ Professional Liability tracked trends of legal malpractice claims from 2012 through 2015 and made findings that include as follows: Between the years 2011 and 2015, the number of claims with combined expense and indemnity settlements between $50,000 and $200,000 almost doubled; Claims between $1 million and $2 … Read more

Conflicts of Interest

Conflicts of Interest

As reported in the publication Insurance Journal, insurers cite conflicts of interest, including perceived conflicts, as the most common alleged basis for a legal malpractice claim.  With larger firms the risk of conflicts increase when there are mergers, acquisitions and lateral hiring.  According to the article, nearly half the insurers polled cited an uptick in … Read more