What is the Average Cost of Legal Malpractice Insurance? Average Legal Malpractice Insurance Price

The size of the firm and the state’s litigation environment are among the many factors that determine the cost of legal malpractice insurance. Lawyers against whom many lawsuits are filed by the clients will have to pay higher malpractice premiums when compared to those who were never sued before. Divorce, real estate and personal injury lawyers usually have higher rates. The average cost of legal malpractice insurance for one lawyer may range from $5,000 to $8,000 per year