Insurance
Sep. 18, 2025
How law firms can pay less for malpractice insurance
Law firms can potentially reduce malpractice insurance premiums by strengthening internal risk management, focusing on core practice areas, accurately classifying attorneys, and engaging proactively with insurers during the application and renewal process.
For most law practices and attorneys, legal malpractice insurance is a must-have. It is considered an essential layer of protection in the event of a lawsuit filed against a lawyer or firm. While most attorneys choose to procure professional liability insurance, few are aware of what goes into pricing and what steps lawyers can take to try to lower their insurance premiums.
Insurance applications are hugely important to this process. It is a given that ...
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