Network Firm News

Saturday, March 22, 2003

Law Firm Malpractice Premiums Rising and More for Larger Firms
Seems Corporate Practice is Now Risky
New York Law Journal, 3/24/03

Professional liability insurance rates for lawyers at large firms are on the rise, with premium increases in 2003 expected to range from 35 percent to 75 percent. The upsurge is attributed, in part, to the number of malpractice claims against lawyers in corporate scandals as well as to the decline in investment income that insurance companies derive from premium dollars since the stock market downturn. More modest increases, from 25 to 30 percent, are likely for smaller firms, reflecting their lower risk of [corporate scandal] litigation.

Firm Blogs

Health Law Rx HR Defense
TN Labor Talk
IP Law Alert News Real Property and Environmental Law E-Discovery Law Alerts Employment Law Alerts
AL Appellate Watch White Collar Wire (Twitter)
Litigation Law IP Law
Affordable Housing Energy and Environment Hot Topics in the Middle Market Legal Diagnostics Life Sciences NP Privacy Partner Taxes
Professional Liability Midwest HOA Longterm Care Defense Missouri Property Tax Fire Science Law CPA Law Employer Law Bad Faith Physician Law Trucking Defense Wealth Planning
SWIPLit Emerging Business Labor & Employment and the Law