Acquiring Legal Malpractice Insurance

Acquiring Legal Malpractice Insurance

Attorneys have a steep path before they are even able to practice law. After excelling as undergraduates and entering top law schools, they must also pass the notorious bar exam in a given state. The bar exam is commonly failed on the first try, but once a prospective attorney passes this exam, they are permitted to practice law as an active attorney. Since legalese is considered by many to be an entirely different language than English, mistakes are bound to happen in this arena. With that said, attorney insurance is widespread for practicing attorneys. While lawyers do the best they can to follow all of the procedures accordingly, the possibility of malpractice exists.

Covering Defense Costs

One of the primary reasons so many attorneys acquire attorney insurance is because it assists with any defense fees associated with malpractice suits. Lawyers are all too familiar with the cost of these services, and any additional support during this time will surely be appreciated. Since this is an insurance policy strictly for attorneys, understanding the legalities of these policies is essential. Many providers will only assist with claims if the malpractice suit involves the use of legal services. Legal services can refer to any number of things when semantics enters into the equation.

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