How Law Firms May Avoid Claims in a Bad Economy
There is no question that our economy has been in a weakened state for a lengthy time period, which may impact professional liability claims for lawyers. Virtually all areas of practice for lawyers showed an increase in claims as a result of the 2008-09 recession.
Today, lawyers should be keenly aware of liability exposure as professional liability claims tend to increase during bad economies. Click here for some of the best practices to follow to minimize a law firm’s claim exposure.