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.