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 Bar Association reports that private practice attorneys have between a 4% and 17% chance of being sued for malpractice each year, and over the course of a career, that risk mounts. (ABA Lawyer’s Desk Guide to Preventing Legal Malpractice 62 (2d ed. 1999)).
