When any person starts their own business they often have to identify their risks so they have all the proper insurance coverage before they open the doors. If you have gone through law school and passed the bar you are probably more than ready to start practicing. Whether you are going to join a firm or not you should consider getting attorney professional liability insurance, and here’s why.
Your insurance agent will likely tell you that you are not exempt from getting into legal problems with your clients and others. Even if you practice law for many years someone along the line will believe that you made a mistake with their case and you should pay for it. They may hold you liable for something that you may or may not have done. When you are held liable you often have to go to court to settle the matter in front of a judge. Even if you represent yourself you still have to take time away from other clients and pay court fees. With attorney professional liability insurance you will be able to cover the fees that arise so you can properly represent yourself without a large loss. You may be able to cover yourself in many instances where liability is brought up so you have less worry and can confidently represent yourself and your clients.