Chester County lawyer Samuel C. Stretton. Courtesy photo There is no requirement to maintain a legal malpractice insurance tail, but it would be foolish and perhaps unprofessional not to do so.
My law firm is in the process of dissolving. My firm is not going to purchase a malpractice insurance tail or extended reporting insurance coverage. Is that in violation of the Rules of Professional Conduct?Ethics Forum: Questions and Answers on Professional Responsibility
My law firm is in the process of dissolving. My firm is not going to purchase a malpractice insurance tail or extended reporting insurance coverage. Is that in violation of the Rules of Professional Conduct?
September 21, 2023 at 02:49 PM
12 minute read
Ethics
Chester County lawyer Samuel C. Stretton. Courtesy photo
There is no requirement to maintain a legal malpractice insurance tail, but it would be foolish and perhaps unprofessional not to do so.
My law firm is in the process of dissolving. My firm is not going to purchase a malpractice insurance tail or extended reporting insurance coverage. Is that in violation of the Rules of Professional Conduct?
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