March 6, 2008
Mandatory Malpractice Insurance- Not Yet
The web page of the Virginia State Bar reports that:
"The Virginia State Bar Council voted 44 to 7 during its March 1 meeting in Richmond to delay publication of a proposal that would require all Virginia lawyers to carry legal malpractice insurance. The council decided that it should have an opportunity to debate the proposal before it is circulated for public comment." (Mike Frisch)
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On August 26, 2009, the Supreme Court of California entered an order adopting new Rule of Professional Conduct 3-410, effective January 1, 2010. Rule 3-410 requires lawyers without professional liability insurance to provide written disclosure of their lack of coverage to all new clients and returning clients with new engagements at the time of the client’s engagement.
Posted by: Cary White | Sep 22, 2009 3:12:46 PM