Thank you for sharing!

Your article was successfully shared with the contacts you provided.
counting money stock photo (Photo: Shutterstock.com)

The number of eye-popping legal malpractice payouts surged in 2019, according to a recent study by insurance broker Ames & Gough, but the business disruptions posed by the COVID-19 crisis suggest that last year will only be a precursor.

The 2008 recession proved to be a trigger for a previous wave of clients going after their law firms in court. And in the coming years, distressed businesses will undoubtedly look at contracts that weren’t enough to shield them from the manifold consequences of an economy that was abruptly forced to shut down and seek to pin blame on their lawyers.

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].


Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.