Errors and Omisssions Liability
Lawyers
Why buy Lawyers Professional Liability Insurance?
Lawyers Professional Liability is designed to provide legal professionals with protection from claims against them for issues such as breach of conduct, missed filing dates, improper/inadequate representation, conflict of interest, etc. While most attorneys are in the habit of following careful guidelines, keeping multiple calendar schedules, and assuring continuing education requirements, they are always open to losses arising not only from their own clientele, but also, in some cases from outside third parties who have been affected by the attorneys actions.
Who should buy Lawyers Professional Liability Insurance?
Lawyers specializing in:
| Administrative Law | Defense of Admirality | Bankruptcy |
| Collections | Corporation Litigation | Criminal Matters |
| Defense of Personal/Bodily Injury | Defense of Workers Comp | Elder Law |
| Employee Benefits | Immigration | Labor/Employee Relations |
| Mediation/Arbitration | Taxation | Wills and Estate Planning |
| Probate Family Law And many others |
Though harder to place, the following types of specializations also need Professional Liability Insurance:
| Financial Institutions | Entertainment Law |
| Environmental Law | Investment Counseling |
| Patent, Copyright or Trademark | Securities Transactions |
| Class Action/Mass Tort |
Claim
A former client filed a lawsuit against his attorney who represented him in a criminal prosecution. The plaintiff, who had a history of DUI citations, was involved in a motor vehicle accident that claimed the lives of all three of his children. He was intoxicated at the time. The suit against his former attorney arose because the plaintiff was disgruntled when he received a sentence of 15 years in prison. He alleges his attorney led him to believe he would receive a lesser sentence. Lawsuit is pending.
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here to download a Lawyers Professional Liability application and send your LPL submission to PLUS today!