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Who Can Benefit From Legal Malpractice Insurance?
October 7th, 2009 by admin
Every attorney will want professional insurance, long before the need to use it arises. It is highly recommended that attorneys who are contemplating or planning their retirement begin talking with their firm about legal malpractice insurance and its coverage after their employment status changes. Many contracts are silent after an employee changes status. Those contracts that do make provisions after retirement can still change, depending on the changes within the existing firm. For example, a dissolution is often the option after a key partner retires. You will want to ensure that you are protected long after your employment status changes. It would be in your best interest to start talking about this now.
