The legal industry has a problem, and it is not just bad news for insurance companies.
Law firms will likely feel the hit on their bottom lines when insurers raise rates for malpractice coverage.
“As we continue to the work more remotely, and go into an economic downturn, we can expect potentially more malpractice claims,” survey leader Eileen Garczynski said.
May 24, 2022 at 02:57 PM
4 minute read
The original version of this story was published on Daily Business Review
The legal industry has a problem, and it is not just bad news for insurance companies.
Law firms will likely feel the hit on their bottom lines when insurers raise rates for malpractice coverage.
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