Last time, we discussed how even though someone pursuing a civil lawsuit -- from a car accident to a breach of contract -- might have visions of a prolonged courtroom battle thanks to their favorite films and novels, research has actually shown that 95 percent of...
Month: March 2017
What are an attorney’s duties concerning settlement offers?
When a person makes the decision to proceed with a civil lawsuit, whether relating to a business dispute, motor vehicle accident or some other important matter, chances are good that they are envisioning some type of prolonged courtroom battle complete with witnesses,...
Understanding accounting malpractice: Maintaining independence in audits
As we established in a previous post, certified public accountants, much like attorneys, physicians or other highly skilled professionals, are subject to rules of professional conduct promulgated by the various states in which they practice.To recap, the state boards...
Lawmakers in one state advancing anti-indemnification measure for attorneys
From accountants to physicians, most people correctly assume that they'll be able to pursue legal action against any professional in the event the services they provide result in monetary damages or physical harm.Indeed, the laws in most states dictate that this must...
Celebrity’s legal woes reveal importance of a fiduciary’s duty
Fiduciary relationships are established every day in countless scenarios all across the globe.One party, referred to as the fiduciary, is appointed to handle typically money or other financial matters for another party, known as a beneficiary. The fiduciary has a...
What role is served by legal malpractice insurance? — II
In a post last week, we discussed how statistics reveal that as many as 5 to 6 percent of private attorneys here in the U.S. end up being sued by a client each year and how this reality, coupled with the fact that these lawsuits often end up costing considerable time...
$25M Ft. Lauderdale land deal at center of legal malpractice lawsuit
While most everyone would prefer not to think about it, it wasn't that long ago that both the residential and commercial real estate markets here in the U.S. were in undeniably poor shape with record foreclosures, high vacancy rates and abandoned construction...
What role is served by legal malpractice insurance?
While most people might think that legal malpractice claims are something of a rarity, this is far from the case. Indeed, statistics have shown that anywhere from 5 to 6 percent of all private attorneys in the U.S. face some manner legal malpractice claim each...