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Liability Risk and Insurance

Conveyancing top source of negligence claims among smaller law firms

Residential conveyancing continues to give rise to the highest number of negligence claims amongst small to medium sized law firms, according to Aon Limited. The firm reviewed the claims history of legal firms with up to 10partners over a four-year period (from 2000 to 2004) and found that over one in every three claims (35%) related to conveyancing (29% residential, and an additional 6% attributable to commercial conveyancing). Personal injury also scored highly, with one in five claims (20%) emanating from this line of legal work.

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