|
| |
|
|
|
|
|
|
|
|
Professional Liability Claims Examples |
|
|
|
|
LABOR AND EMPLOYMENT An employment lawyer in a mid size firm was sued by a former client, who claimed that an error in a severance agreement the lawyer drafted cost him over $10M. Our carriers claim professionals worked with defense counsel to develop a successful defense strategy that resulted in both a summary judgment in favor of the insured and also a substantial award of defense costs. ESTATES AND TRUSTS A lawyer in a small firm was alleged to have erred in drafting a will, which became the focal point of a dispute between beneficiaries. Our carriers claim professionals were notified early on by the insured of the potential problem, and by working with the insured, we were able to resolve the broader dispute for a fraction of the original claim– without the lawyer or firm being sued. CIVIL LITIGATION A mid size firm was the target of a frivolous suit filed by an attorney whose “scorched earth” tactics were designed to leverage a significant nuisance settlement. Our carrier was united with the firm in resisting the tactic and ultimately obtained an award of sanctions against the attorney in excess of $200,000. CORPORATE AND BUSINESS FORMATION A business lawyer in a large firm was facing a claim by a former client who alleged the lawyer failed to properly incorporate its franchises, potentially worth millions of dollars. Our carriers claim professionals worked with a team of leading experts to remedy the allegedly defective franchises and restore the company’s good standing, thereby avoiding a potentially severe claim. |
For Assistance: Phone or Fax (888) 603-4293
