Obtaining professional liability or malpractice insurance is something that most law firms review each year. Litigation against law firms is growing every day. According to the latest numbers, about 10% of practicing attorneys are likely to face an allegation of malpractice in any given year. Dealing with a professional liability claim can be expensive. Even if a lawyer is ultimately cleared, the money spent on defense and resources devoted to addressing the claim, is very costly.

The most common types of claims we see are:

  • Simple mistakes

  • Administrative errors

  • Errors in understanding the law

  • Failed to address clients’ needs

  • Conflict of interest

  • Non-disclosure issues, including fees

  • Breach of fiduciary duty

There are clear benefits to purchasing insurance as part of your firms risk management program. When you consider the cost of defense compared to competitive attorney malpractice insurance, we believe you will find insurance a good option.

The Polaris Risk Management & Insurance Services Lawyers Malpractice Program is among the fastest growing, most competitive Errors and Omissions Programs in the country. Take a few moments to familiarize yourself with the ways in which we help our clients:

Program Highlights:

  • Unlimited ‘tail’ coverage available.

  • Free unlimited ‘tail’ coverage after the insured has been insured through the program for more than four consecutive years and retires.

  • Free unlimited ‘tail’ coverage in the event of death or permanent disability.

  • Coverage limits from 250,000/250,000 to 5,000,000/5,000,000 with deductibles starting as low as $2,500.

  • “A” rated and "Admitted" carrier.

  • We offer several premium reduction incentives to firms specializing in certain areas of practice that elect for a higher deductible or are members of one of the sponsoring Bar Associations.

  • In addition to offering one of the best policy forms available, each firm insured has access to a toll free hotline offering counseling on any legal malpractice-related matter.

  • We are able to offer an "indication" using the firm's current application, but require our own application to bind.

  • Our program has arguably the best rates in the industry.