Comments on: Malpractice Isn’t Only A Small Firm Problem

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By: Carolyn Elefant

Carolyn Elefant — Mon, 02 May 2005 05:30:48 +0000

Hopefully, an insurance agent will provide a response here, because it’s hard to say what’s a typical rate. Some fields, like PI, IP or real estate are considered more risky and have higher rates than criminal practice or other areas where there’s less exposure. Some insurers have higher rates for part timers, figuring that they can’t keep up with the law while others have lower rates because with less work comes less exposure.
I don’t know whether a firm’s malpractice costs are equal to each attorney’s costs on a pro rata basis.

By: Carolyn Elefant

Carolyn Elefant — Mon, 02 May 2005 05:30:00 +0000

By: Ryan

Ryan — Sun, 01 May 2005 20:49:01 +0000

What is a typical rate for malpractice insurance for a solo or small firm? Would a firm with ten attorneys pay the same prorata rate as 10 individual solos?

By: Ryan

Ryan — Sun, 01 May 2005 20:49:00 +0000

What is a typical rate for malpractice insurance for a solo or small firm? Would a firm with ten attorneys pay the same prorata rate as 10 individual solos?