Why Solicitors Need Indemnity Insurance

In most civilised societies the vast majority of personal conflicts are sorted out in courts of law. Laypersons are generally hopelessly out of their depth when it comes to the intricacies of the legal system, and as a result will usually need the representation and advice of a qualified and licensed solicitor in order to adequately care for their own interests. In a perfect world, each and every case would work out to the satisfaction of both the client and the legal professional. In the real world, legal conflicts do not always work out in the favour of the clients of a given solicitor, and in many cases the clients may blame the solicitor for any unfavourable outcomes.

In today’s highly litigious society, quite a few legal clients may decide to not only hold their solicitors responsible for the failure to win cases, but may actually file a legal suit of some sort against the solicitor in question. This is where professional indemnity insurance can serve as a vital barrier against frivolous lawsuits that can possibly ruin the careers of even the most conscientious legal representatives.

THE BENEFITS OF PROFESSIONAL INDEMNITY INSURANCE FOR SOLICITORS

Professional indemnity insurance will cover and indemnify solicitors for any unexpected claims, damages, or expenses that they may find themselves legally liable for.

• Cover all losses suffered by the clients of solicitors during the course of any legal proceedings.
• Protects solicitors against most claims for repayment of monies received during the discharge of their duties.
• Insulates solicitors against many claims of professional negligence, providing cutting edge risk management services for 21st century challenges.

As can be seen, the world can be a dangerous place for even the most skilled and ethical solicitors. With the help of the experts at Griffiths and Armour, the unique needs and rights of solicitors are given the respect and the attention that they quite rightly deserve.