Top Tips For Avoiding Legal Malpractice Claims

Blank Rome LLP

I. Why It Matters

In recent years, law firms and legal professionals have seen an uptick in the frequency of legal malpractice claims, including significant claims with damages in excess of $50 million. One of the major factors in the increase of legal malpractice claims was the Great Recession. As the economy took a turn for the worse, legal malpractice claims spiked significantly. Importantly, however, while the economy recovered, legal malpractice claims never returned to their pre-Great Recession level. As a result, the risk of legal malpractice claims remains at an all-time high. Consequently, attorneys who fail to address the potential pitfalls that lead to claims of legal malpractice do so at extreme peril. Fortunately, there are several best practices that legal professionals can implement to minimize the risk of falling victim to a malpractice claim.

Originally published in the Professional Liability Update on October 11, 2018.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Blank Rome LLP | Attorney Advertising

Written by:

Blank Rome LLP

Blank Rome LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide