Roughly four out of five attorneys will face a malpractice suit during their careers, and 70 percent of all malpractice claims target firms with five or fewer attorneys. For solo and small-firm lawyers, the risk of a claim is not hypothetical—it is highly probable. Even attorneys acting in good faith and with diligence can be accused of professional negligence. Legal malpractice claims can cause serious damage to a lawyer’s finances, professional reputation, and ability to practice. Whe...
