Greedy Trial Lawyer
The Lack Of Professional Liability Insurance Should Be Disclosed
Category: The Latest Baddest
In the category of what is good for the goose...Walter Olson, at PointOfLaw.com, posts:
One of the most basic and relevant disclosures a lawyer can make to clients is whether he is covered by professional liability insurance or not. Somehow the legal profession has been slow to grasp this point, even while its members take the lead in enforcing rather more stringent consumer disclosure laws aimed at other occupations and professions. About one-third of states have decided through their regulators to require this disclosure from members of the bar, but in California -- the same state that goes to truly loopy lengths to require disclosures of essentially imaginary consumer risks -- a large body of lawyers argues that it's just too onerous. And guess who's taken the lead in that anti-consumer stance?
Unfortunately, the answer to the question is the California Trial Lawyers Association -- now the Consumer Attorneys of California.
Walter is right to spotlight this irony.
The public has a right to assume that licensed professionals in every field carry insurance for malpractice.
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» It happens but seldom from PointOfLaw Forum
Greedy Trial Lawyer says that I "[am] right", as to this post.... [Read More]
Tracked on August 29, 2006 11:19 PM
» Consumer disclosure 101, for lawyers from PointOfLaw Forum
One of the most basic and relevant disclosures a lawyer can make to clients is whether he is covered by professional liability insurance or not. Somehow the legal profession has been slow to grasp this point, even while its members... [Read More]
Tracked on August 29, 2006 11:21 PM