A Guide to Legal Malpractice Insurance Legal malpractice comes as a result of lawyers or other law professionals abusing office by not doing their duty properly. Clients are subject to being hurt by careless lawyers who breach the contracts by not representing them well. In most cases, their integrity becomes questionable as they fail to honour their duties due to being negligent or ignorant. Any kind of lawyer can be sued regardless of their position due to their malpractice. Legal malpractice leads to attorneys losing a large sum of money as they are supposed to pay a lot of charges in order to get out of the lawsuit. This why all lawyers should take an insurance cover that will take care of lawsuits filed against them in their line of duty. Choosing an insurance company to take up the cover with might be a bit difficult though it all depends with what one wants. Those lawyers who do not handle their responsibilities like they are supposed to are usually guilty of malpractice and can be sued in court by clients. A lawyer who causes harm to the client instead of good breaches the contract they once had with their client. Malpractice is mostly caused by recklessness of lawyers or other professionals in their dealings which gives them the consequence of being sued in court by clients. This puts the client in jeopardy as he ruins the client-attorney privilege that was once upheld. This gives the client the chance to sue them for malpractice as a result of professional liability. Some careless actions that lawyers have include making the client sentenced to imprisonment for a crime they did not commit. Paperwork that has gone missing prior to the day of the trial may cause the judge to dismiss the case or worse, the ruling made against the client’s favour.
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The amount one pays when buying an insurance policy solely depends on the degree of the risk to be covered. The amount varies in direct proportion with the level of risk as it varies from one person to the next. The area of specialisation of the professional is also considered during calculation of premium regarding the roles and duties of the lawyer. There are plenty of insurance companies available in the market hence finding one is easy.
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The amount of money lost by an attorney during malpractice allegations includes court costs, fines and settlement charges. This is too much money for them to lose in addition to the time spent when they are being sued which is disadvantageous for the lawyer. It is therefore necessary for them to have insurance policies with a good insurance company in order to make their money safe.
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