If it's true that the measure of any successful compromise is that few are fully satisfied, then the California State Bar's Board of Governors cooked up a good deal on malpractice insurance. The board voted Friday to finally approve new rules on coverage disclosure, an issue that's been festering there for two years. Under the compromise, which still must be approved by the state Supreme Court, lawyers who expect to bill a client for more than four hours must pipe up if they aren't covered for malpractice.
Calif. Bar Votes to Require Client Disclosure on Malpractice Insurance
May 20, 2008