Insight and Commentary from Ben Wasserman and Krishna Shah
In order to drive a car in New Jersey, you need a license and insurance. If your negligent driving injures someone, you have insurance not only to protect yourself, but to protect the person you injure.
In order to practice law in New Jersey, you also need a license, but not insurance. If your negligence dmages a client and you have no insurance, then it’s too bad for the client.
Is there something wrong with this picture? We think so. We lawyers are fiduciaries to our clients. That means that first and foremost we have to put our clients’ interests ahead of our own. Even at our own cost.
Is New Jersey destined for universal mandatory legal malpractice insurance?
Read more from this week’s New Jersey Law Journal’s Professional Malpractice Supplement.
The article linked to this post may express the opinions of its authors. It is not intended as a statement or position of the editorial board of The Legal Malpractice Law Review.
Tagged with: Fiduciary Duty, Insight & Commentary, Insurance, mandatory legal malpractice insurance, New Jersey
Posted in: Fiduciary Duty, Insight & commentary, Insurance, New Jersey