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Accounting and Financial Planning for Law Firms

April 2005

Surviving A Malpractice Fiasco: 10 Views

By A&FP Board members and new contributors

Recently I asked members of A&FP's Editorial Board and several new contributors for their thoughts on how a law firm might best deal with the financial blow of an unusually large settlement or penalty assessed against the firm. Last month, in Part One, we got our roundtable discussants' views on how to keep a firm from crumbling immediately after a malpractice disaster. Concluding the discussion, here are their views on professional liability insurance.

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