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Legal Malpractice

: New York Attorney Malpractice Blog

Legal Malpractice Claims Up, But How Much?

By (Andrew Lavoott Bluestone)

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Legal Pad discusses the ABA ABA’s Standing Committee on Lawyers’ Professional Liability  Report on Legal Malpractice in this report. 

"Legal malpractice claims have gotten more expensive. We think.The claims that result in the highest of indemnity payments appear to be on an upward march, according to an ABA study unveiled this morning at the ABA’s national legal malpractice conference in San Francisco.It’s just not clear how vigorous a march.  The study showed a "“significant increase” in multimillion dollar payouts in the past four years. The study found that claims leading to payments of more than $2 million had more than doubled, from 19 in the 2003 study to 44 in the latest study"

 

Full post as published by New York Attorney Malpractice Blog on September 08, 2008 (boomark / email).

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