Draft Rule: CA Lawyers Must Tell Clients About Insurance
Posted Jul 2, 2007 1:21 PM CST
By Martha Neil
One in five California lawyers doesn't have malpractice insurance--as clients would have to be told, under a proposed attorney ethics rule.
A State Bar of California task force is proposing a rule that would require lawyers to disclose to new clients whether or not they have malpractice coverage, reports the Los Angeles Times.
The recommended disclosure rule--which is less stringent than the version originally suggested--has been opposed by many practitioners, the California Bar Journal reports.
To become effective, the proposed rule must be approved by the state bar's board of governors and the California Supreme Court. Comments about the proposed rule may be made to the state bar until Aug. 6, and information about how to do so can be found on a state bar Web page.