X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Credit: Vitalii Vodolazskyi/Shutterstock

Law firms have received a lesson this week about liability insurance: They might be violating ethics rules by not having coverage for theft of client funds.

That’s the upshot of a case where a law firm’s professional liability insurance refused to cover a paralegal’s theft of $800,000 from the firm’s attorney trust account.

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.