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It's getting more expensive for lawyers to defend themselves. A soon-to-be-released study by the American Bar Association shows a dramatic increase in suits with claims of $2 million or more against law firms. And although firms have faced high-stakes cases before, the recent suits are more complex and have expanded the legal theories that can be used against lawyers. The growing severity of claims stems partly from corporate scandals, which have opened law firms up to new liabilities.
May 10, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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