Another Reason Not To Go Solo: Malpractice
Top defense lawyers Barry Scheck and Peter Neufeld give us another reason not to try to go solo: malpractice. The two lawyers messed up and missed a deadline a few years ago and got sued by a client. They had to pay $900,000 to the client. Ouch. That had to hurt.
For those of you considering solo practice and thinking about saving some money by skimping on malpractice insurance, you might want to think again.