With the economy tanking, experts say the stage is set for a surge in legal malpractice lawsuits, as clients look to recoup their losses from third parties. Insurance carriers and attorneys haven't seen a tidal wave of legal malpractice suits yet, but they anticipate a spike later in the year and into 2010. National insurance provider CNA Financial Corp. predicts that legal malpractice claims will be up by 5 percent in 2009.
Legal Malpractice Suits May Surge
The National Law Journal
February 23, 2009