Legal

As an attorney or law firm, you’ve been on both sides of the table: defending professionals and their work in disputes with clients and working on behalf of plaintiffs who are unhappy with a particular service or job and claim financial damages. You, too, unfortunately, can find yourself across the table as a defendant in a legal malpractice claim that without proper insurance protection will cause your bottom line and reputation to take a hit.

It’s not just large firms that face allegations of professional liability negligence. The American Bar Association estimates that attorneys at legal firms of all sizes will have at least three legal malpractice claims brought up against them in the course of their careers. Additionally, claims against lawyers have been steadily increasing in recent years, and the size of claims is also on the rise. Real estate lawyers in particular have seen a spike in claims.

With PLRisk Specialty Insurance Agency LLC on your team, you gain the benefit of our expertise to offer tailored Errors & Omissions (E&O), or Legal Malpractice insurance, to protect your firm’s assets and reputation. Defense and indemnification coverage is provided for claims arising from “wrongful acts” committed in the rendering of legal services.

Working with leading insurance carriers in this area, we can offer large law firms with high policy and aggregate limits and specialized wording to meet the needs of individual risks and smaller and mid-size firms with coverage that is designed for their practice needs. We can enhance coverage with the following features:

 A wide range of limits and deductibles

• Disciplinary defense up to a certain amount
• Extra claims expenses
• Subpoena assistance
• Privacy breaches
• Prior acts
• Non-practicing extended reporting form (for attorneys who have retired or have ceased practicing law)
• And more