Experts are predicting that the current state of the economy will cause an increase in legal malpractice cases. Injuryboard.com posted an article which laid out a few different reasons for this increase. One of the reasons listed is that lawyers begin practicing in areas of the law that are outside their normal area of practice.
Lawyers are not exempt from feeling the financial strain during a recession. In fact, many lawyers will take on work that they would normally refer to someone with more knowledge and experience in that area. Choosing to handle a file in an area of law that the lawyer does not typically handle can lead to a lot of errors being made, deadlines being missed and eventually may lead to a legal malpractice claim.
More legal malpractice claims are expected to arise in the near future regarding fraud, failed financial agreements, foreclosures and bankruptcy cases. Typically, the experts say that the increase in these legal malpractice cases will show up within a few years following the economic recession. Contact our office to discuss your possible legal malpractice claim.