In New Jersey, attorneys who practice as part of a professional corporation (PC), limited liability company (LLC), or limited liability partnership (LLP) are required to carry legal malpractice insurance. However, solo practitioners and attorneys who are not part of a PC, LLC, or LLP have no obligation to maintain malpractice coverage. Link
Even when not legally required, choosing an attorney who carries malpractice insurance is generally in the best interest of any client or potential client. Without insurance, a client who suffers harm due to malpractice must sue the attorney personally, often without knowing whether the attorney has the financial resources to compensate them. When an attorney is insured, the malpractice carrier may have funds available to pay a claim (if the alleged malpractice falls within policy coverage), regardless of the attorney’s personal financial situation.
Because of this, whether an attorney carries malpractice insurance is an important factor to consider when selecting legal representation. While it is not mandatory for all lawyers, insurance can provide an added layer of security that resources may be available if professional errors occur.
If you believe your former or current attorney may have committed legal malpractice, contact Simon Law Group, LLC to speak with our experienced legal malpractice attorneys and discuss your options.
Call today 800-709-1131 or text us at 908-864-4450
