In the courtroom, you’re the one fighting for your client. While most lawyers experience the courtroom as attorneys, they aren’t exempt from lawsuits, especially from their own clients. If you’re a lawyer without attorney professional liability insurance, here is why you need it.
Professional Liability Insurance
As a lawyer, you’re paid to represent or defend your client. If for any reason you don’t work in your client’s interest, your client could lose a lot of money. When this happens, the client can sue his or her lawyer for professional negligence. These types of cases can be financially devastating. Not only that, but they can also lead to trouble with the Bar Association. With an insurer, you can settle these cases quickly.
Errors and Omissions Insurance
If a client accuses you of failure to perform or negligence, what do you do? Errors and omissions insurance is supposed to be the protection that you need against these accusations. If you haven’t made an error, your insurance policy will be there for you. Likewise, if you did make a mistake, you need your insurer to be able to back you.
In any occupation where you are dealing with paying clients, you need to think about liability insurance. Just because lawyers tend to be the ones fighting in court, attorney professional liability insurance is still important.