This 2020 video by Paul Smith is the second in a series of 'Ten-minute briefings', to share Travelers' knowledge around risks in legal practice. It is based on our claims experience during almost 20 years, covering all law firms from sole practitioners to global law firms.
The video is organised into four parts.
- Advice failure: the types of advice failure we see
- Where, how often: where and how frequently advice failures arise
- Causes: what causes advice failure
- Managing risk: how the risks in giving advice can be managed
See also:
- Five highly practical factsheets explaining how to avoid professional negligence claims in residential conveyancing, wills and probate, commercial property, company and commercial, and commercial litigation
- PI insurance for law firms FAQs: Part one (50 FAQs)