Lawyers Malpractice Insurance

Professional mistakes can happen even to the most experienced attorneys. Lawyers malpractice insurance protects your firm from claims of negligence, errors, or omissions that may arise while representing a client. Without it, the financial and reputational risks can be significant.

At L Squared Insurance Agency, we’ve built our reputation by serving law firms of all sizes across Michigan and nationwide. Thousands of attorneys trust us to find coverage tailored to their area of practice, whether they handle litigation, real estate, family law, or corporate work. Our expertise ensures you get the protection you need – with personal attention and dependable service.

What Does Legal Malpractice Insurance Cover?

Understanding what’s actually covered under a legal malpractice insurance policy can be confusing, especially with so many options and exclusions across carriers. In short, it typically covers the costs of defending against client claims and paying settlements or judgments related to professional errors.

Typical covered allegations may include:

• Professional errors

• Omissions
• Negligence
• Violation of professional or ethical standards

Even if these accusations are false, the cost of defending yourself against a lawsuit could have irreparable financial ramifications. Fortunately, your attorney malpractice insurance can help pay for the following:

• Legal defense
• Damages
• Settlements

Claims stemming from allegations of criminal, malicious, or fraudulent acts are generally not included in a policy.

Each policy is customized to fit your firm’s size, specialization, and risk level. During your initial consultation, we’ll review your current coverage and discuss how to best protect your practice with the right policy and limits.

How Much Does Lawyer Malpractice Insurance Cost?

The cost of lawyer malpractice insurance depends on several factors, including:

• Type of law you practice
  
• Number of attorneys in the firm
  
• Annual revenue and claims history
  
• Desired coverage limits and deductibles

Because each firm’s situation is unique, we don’t post standard rates online. Instead, fill out our quick quote form, and we’ll provide options that best fit your needs and budget.

What Else is Included in Lawyers Professional Liability Insurance?

Malpractice insurance is one essential part of a broader lawyers professional liability insurance policy. While malpractice coverage protects you from claims of professional errors or negligence, the full package goes beyond that. It’s designed to support your firm through the many legal and administrative risks that come with daily practice. Depending on your needs and carrier, your policy can also include:

• Coverage for disciplinary or grievance proceedings
  
• Subpoena and deposition assistance
  
• Cyber liability and data breach protection
  
• Crisis management and reputational harm coverage
  
• Risk management resources and consultation

Together, these protections help you address the realities of running a modern law practice – from managing client data securely to maintaining professional standing.

At L Squared, we make it easy to combine all your professional coverages in one place, ensuring your firm has the protection it needs to operate with confidence. You focus on your clients – we’ll handle the rest.