Lawyers professional liability
Protection for legal professionals
Lawyers are trusted professionals whose clients rely on them for clear, accurate advice. While the nature of the legal industry has always carried a certain amount of professional risk, the complexity of law is increasing. Larger deals, technological advances, regulatory changes, unprecedented transfer of wealth, and expanding client expectations have added to the potential liability risks.
Our lawyers professional liability insurance solutions help protect lawyers, law firms, and their employees against legal, financial, and reputational risk arising from the services they provide.
A protective partnership
Solutions for complex risks
Whether your firm focuses on anti–trust, securities class actions, defense litigation, or another specialty area, claims of malpractice can damage both finances and reputation. Our lawyers professional liability solutions provide important protection to law firms and their employees.
Primary coverage highlights include:
- Capacity up to $15M
- Duty to defend policy with ability to write on an indemnification basis
- Broad definition of insured, including all past and current attorneys, as well as all part–time, temporary, and contract attorneys for services performed for the named insured
- Worldwide coverage
Excess coverage highlights include:
- Capacity up to $15M
- All areas of practice considered
Our comprehensive coverage is why more than 100,000 lawyers, many of whom are included on the 2020 Am Law 100 report, count on us for this protection.
And as the risks of the legal profession evolve, you can rely on us to bring the strength and stability of a Fortune 100 company to every policy.
Expertise that delivers
Lawyers have a duty to work in each client’s best interests – but even the most experienced professional can miss a filing deadline or give incorrect advice in a complex case.
With so much at stake, law professionals need an insurance provider with the resources and depth of experience to navigate the changing expectations, intricacies, and challenges of their industry.
That’s why we bring a wealth of experience to every policy. Our dedicated underwriters and claims professionals team up to stay on top of current loss trends and risk scenarios associated with legal work, including:
- Conflicts of interest
- Recruitment of lateral partners and/or firm mergers
- Insolvency of clients
- Changing rules on protection of client information
And we combine this expertise with a customer-centric service approach that keeps your risk-management goals top of mind. If issues arise, count on us to help protect your firm and its employees, finances, and reputation.
Better control over claims
From the moment a claim is filed, our customers feel the difference in our approach. Our claims professionals work closely with the underwriters who develop our insurance programs, so they have a deep understanding of our customers’ operations and the risks they face.
When you work with us, you’ll benefit from a dedicated team with in-depth experience investigating, evaluating, and resolving professional liability claims.
Add ongoing training, highly experienced senior claims leaders, and a culture that promotes proactive decision making and you get professionals who are empowered to resolve claims quickly and with each customer’s best interests in mind.
Get in touch
Our commercial and specialty insurance products and services are distributed through brokers and agents. If you are interested in our solutions for your business, please contact your agent or broker. If you are an agent or broker, please reach out to our team for more information.
Related insights
This website is intended to be informational. Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation. The products and services described may not be available in all states or jurisdictions. See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals.
Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.
