A CIVIL LIABILITY FOR PROFESSIONALS OF THE LAW

 

It refers to the responsibility of professionals who practice as lawyers when providing their services to a third party, in case of incurring a negligent act that may involve

Lack of measure, caution, precaution or discernment.

Lack of care and/or abandonment of Professional Law Services.

Any lack in the direction of defense in all kinds of processes or advice and legal advice.

Any act that causes damage due to lack of professional knowledge in legal aspects.

A Professional Civil Liability Insurance for Lawyers offers legal and economic support to file a claim for an error or omission that a lawyer may commit when providing professional services to third parties.

Whether they are an independent professional or a law firm, having Professional Civil Liability Insurance protects legal professionals against a claim filed against them due to omissions or involuntary errors in the provision of their professional services.

A firm is hired to advise one company on the acquisition of another; and poor advice leads to noncompliance with the original regulation, resulting in delays and financial loss, as well as reputational damage. The client sues the firm for negligence. In this case, the Civil Liability Insurance for Lawyers covers defense expenses and compensation for the damage

.This policy protects the assets of law firms against claims by their clients or third parties caused by an error or omission in the professional service provided. The policy covers legal expenses and financial damages.