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It is not "required", however, one will be personally liable without an insurer/insurance company covering the costs associated with losses and malpractice actions. The State Bar of Michigan asks each lawyer whether or not s/he has malpractice insurance annually at the time of renewing membership. Michigan has a mandatory bar association. I believe there is a state fund available for malpractice issues. Hope this helps, MI Attorney
What else can I help you with?
Is legal malpractice insurance required in new york?
No. New York does not have any requirement that a lawyer or law firm carry malpractice insurance.
Is legal malpractice insurance required for lawyers in Wichita, KS?
I think there was no need legal malpractice insurance for lawyers in Wichita, KS. You can get the more information about this from the following website wichita.citysearch.com
Who needs legal malpractice insurance?
Legal Malpractice Insurance is coverage specifically for professionals practicing in the legal field
What is the purpose of legal malpractice insurance?
The purpose of legal malpractice insurance is to cover all or some of the legal costs of an attorney, who is being sued by a former client for malpractice.
What has the author Jo Ann Felix written?
Jo Ann Felix has written: 'A lawyer's guide to legal malpractice insurance' -- subject(s): Lawyers, Malpractice, Malpractice Insurance
How is professional liability insurance different from malpractice insurance?
Malpractice insurance is a form of Professional liability insurance usually tailored for persons or firms practicing in the legal and medical professions. Malpractice insurance is the term used for Professional Liability insurance in the Medical and certain other professional fields.
Is an insurance company responsible for legal malpractice if the insured is deceased when the malpractice is discovered?
The statute of limitations may apply. However there was a case in the Philippines where a doctor was convicted of malpractice after his death. (see the related links)
Do most accountants have malpractice insurance?
Yes, most accountants carry malpractice insurance, also known as professional liability insurance. This coverage protects them against claims of negligence, errors, or omissions that may arise from their professional services. Having malpractice insurance is often a requirement for accountants, especially those who are self-employed or work in private practice, as it helps shield them from financial losses associated with legal claims.
Statute of limitation on legal malpractice filing in Georgia in Georgia?
legal malpractice statue of limitation if Georgia
What are legal malpractice attorneys?
Legal malpractice attorneys prosecute other lawyers that are incompetent or negligent. Legal malpractice firms represent clients that claim their lawyer has not settled their case to the best of their ability.
Is a Dentist in New York State required to have malpractice insurance?
There is no legal requirement in Oregon that says that dentists must have insurance but, as my source at the Oregon Board of Dentistry says, "it would be pretty unwise to not." I'm told that the Oregon Insurance Commission may help you find out whether or not a dentist is covered, and by which insurance company. Meanwhile, sometimes the dentist will tell you whether or not they're covered by malpractice insurance. If they don't, and there's a dispute, "then that's when you might have to get an attorney involved," says the source - or file in small claims court.
Does a pharmacist need malpractice insurance?
Yes, a pharmacist should consider obtaining malpractice insurance, as it provides financial protection against claims of negligence or malpractice that could arise from their professional practice. Even though pharmacists are generally at a lower risk for lawsuits compared to other healthcare providers, the potential for errors in medication dispensing or counseling still exists. Malpractice insurance can help cover legal fees, settlements, and other associated costs, ensuring that pharmacists can protect their assets and maintain their professional reputation.
