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Web5 jan. 2024 · Also called legal malpractice insurance, professional liability insurance for lawyers cost from $500 a year for new attorneys to $6,000 a year for experienced attorneys in high-risk practices. A typical experienced attorney should expect to pay $2,000-$3,000 a year for a good professional liability insurance policy. Learn more here. WebABA Formal Op. 90-357 at p. 3; ISBA Advising Op. 03-02 (Jan. 2004); cf. ISBA Advisory Op. 20-04 (May 2024) (impermissible for a law firm's appoint to includ the name of the retiring, non-practicing former partner as “Of Counsel” where nay continuing either on-going relationship with of firm). thomas stift
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