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In addition to potential liability to their employers, in-house counsel could at times be liable to others. For example, in-house counsel often perform pro bono legal services for clients unaffiliated with their employer. If one of those matters is botched, a legal malpractice claim could arise.
March 05, 2018 at 01:00 PM
1 minute read
Now that you are working as an in-house counsel, you no longer need to worry about liability for malpractice or buying malpractice insurance, right?
Maybe. Or maybe not. If you make a critical legal error, your employer will probably just fire you. But what about potential claims by third-parties, such as creditors or shareholders?
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