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02.02.2018

Protecting Law Firm Partners’ Assets

Professional indemnity insurance provides protection for law firms against claims arising from alleged negligence or breach of duty in the delivery of their professional legal and advisory services.  The frequency and severity of these allegations continue to rise, as does the expense associated with defending the matters.  These escalating costs lead us to ask the question: Do law firms have sufficient levels of Professional Indemnity Insurance in place?