Paralegal Malpractice Insurance

Paralegal malpractice insurance protects both paralegals and legal assistants from claims tied to the professional services they provide. Even with attorney supervision, mistakes can happen and those mistakes can create significant financial exposure. L Squared Insurance Agency provides paralegal malpractice insurance for paralegals working in law firms and for independent professionals who support multiple attorneys.

Why Paralegals Need Malpractice Coverage

Paralegals and legal assistants both support legal work, but their responsibilities are different.

Legal assistants focus on administrative duties such as filing, scheduling, document organization and general office support.

Paralegals perform substantive legal tasks. These tasks include drafting documents, conducting research, organizing case materials and communicating with clients and attorneys. Because this work has direct influence on legal outcomes, the risk of a claim is significantly higher.

This difference is the reason paralegal malpractice insurance is crucial. Paralegal insurance protects the professional from errors, omissions and miscommunication. Paralegal liability insurance adds another layer of security by covering defense costs, settlements and other claim related expenses. Without coverage, a single mistake may create a financial burden that affects both personal assets and long term career stability.

What Paralegal Malpractice Insurance Covers

A complete paralegal malpractice insurance plan generally includes:

• Professional errors or omissions
• Incorrect drafting or incomplete document preparation
• Missed deadlines that influence the direction of a case
• Miscommunication with clients or supervising attorneys
  
• Defense costs and settlement expenses
  
• Coverage for work performed inside a supervised environment

L Squared Insurance Agency understands the risks paralegals and legal assistants face. Based in Grand Rapids since 2002, we insure more than 6,000 professionals nationwide and specialize in lawyers professional liability coverage with over 60 years of combined experience. We work only with A M BEST A rated or better carriers and negotiate on your behalf to secure the coverage that fits your needs. Our experience allows us to prepare the best insurance plan for your practice.

Insurance Plans for Paralegals in Law Firms

Many law firms maintain legal malpractice coverage, and some firms include paralegal insurance for their staff. However, firm policies do not always extend fully to paralegals. Some policies limit coverage for support staff or exclude individuals who are not attorneys. When the firm does not provide complete protection, an individual paralegal malpractice insurance plan becomes essential because it guarantees personal coverage regardless of how the main policy is structured.

Paralegal liability insurance is also valuable for professionals who move between departments or support several attorneys in the same firm. It provides consistent protection for the work performed and fills any gaps left by the firm policy.

L Squared Insurance Agency prepares both firm level plans and individual plans, ensuring that each paralegal receives the coverage needed for their responsibilities and level of exposure. Fill out our the online form to get a free estimate for your practice.

Insurance for Independent Paralegals

Independent paralegals and contract paralegals work with several attorneys or firms throughout the year. For these professionals, employer coverage is rarely available. Individual paralegal insurance is necessary because it provides consistent protection across all clients and projects. Paralegal liability insurance follows the professional, not the firm, giving independent workers stable and reliable coverage.

Attorneys often prefer working with paralegals who carry their own insurance because it shows professionalism and reduces uncertainty around responsibilities. Having individual coverage can make you a more attractive choice for attorneys and firms, helping you secure more projects and build long term relationships.

Fill out our the online form to get a free estimate for your practice.

How Much it Cost

The price of paralegal malpractice insurance depends on factors such as your work duties, your experience, the number of attorneys you support and your claims history. Independent paralegals may see different pricing than paralegals working inside a law firm, because their exposure and level of responsibility can vary. L Squared Insurance Agency reviews these factors with you and prepares a plan that fits your professional needs and budget.

How to Reduce the Price

Certification and ongoing learning help paralegals make fewer mistakes, which over time leads to fewer claims and more affordable paralegal malpractice insurance. That is why L Squared suggests all paralegal clients consider approved training and certification programs to support safer and more confident work.

For recognized programs, visit the American Bar Association Paralegal Resource Directory