The American Bar Association (ABA) estimates 80% of attorneys will defend against a malpractice claim at some point in their careers. And small or solo firms are disproportionately targeted, with 70% of all malpractice suits aimed at firms with five or fewer attorneys. That is why legal malpractice insurance is critical for small and solo firms, even though it is not strictly required in most states.| Protexure Lawyers Blog
In a profession built on precision, diligence, and trust, lawyers often believe avoiding errors is simply a matter of good practice. But no matter how cautious or experienced you are, risk is part of the job. Malpractice insurance for lawyers is not just a financial safeguard; it is essential protection against the unpredictable realities of legal work. Practicing law involves interpreting complex regulations, managing deadlines, and offering advice that can alter the course of someone’s ...| Protexure Lawyers Blog
Learn why understanding limits of liability is essential for professionals facing legal risk. Explore how policy structures, deductibles, and claims expenses impact your financial protection.| blog.protexurelawyers.com
Step rate is a pricing system used in professional liability insurance where premiums increase over time. Learn how this affects law firms and how to manage premium increases effectively.| blog.protexurelawyers.com
For busy law firms, chatbots can provide various services that drive conversions, such as answering immediate questions for potential clients and scheduling consultations.| blog.protexurelawyers.com