Tips for Avoiding IP Malpractice Claims

Summary

Malpractice cases are on the rise—and the amounts in issue are rising significantly as well. A recent survey of legal malpractice cases found that after "several years of stability," the number of new malpractice claims was on the rise. The survey also found that the severity of legal malpractice claims persisting with most insurers seeing payouts of over $150 million for an individual claim. (Ames & Gough LPLI 2019 Claims Survey). That survey also showed an "alarming increase in claim severity" with clients "much more willing to point fingers at lawyers." (Ames & Gough News Release, May 30, 2019).