Data points provide the most information to attorneys regarding trends in malpractice claims and risks. The most recent data for the years 2008 through 2011 was released at the fall 2012 National Legal Malpractice Conference sponsored by the ABA Standing Committee on Lawyers’ Professional Liability. The committee continues to explore this area and has expressed its intent to issue its next study of legal malpractice claims in fall 2016, covering the years 2012 through 2015.
While awaiting the new results for 2012 through 2015, it behooves attorneys to look back at the trends from the prior report, covering the worst years of the economic crisis. This helps prepare attorneys for potential malpractice claims and identify more ways to avoid them altogether.
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