Professional Liability Attorneys
Albuquerque Business Law represents a wide variety of professionals, many of whom, in addition to being business owners with legal needs pertaining to their businesses, also need advice and occasionally representation pertaining to the liability that all professionals have for their work.
Albuquerque Business Law represents professionals such as:
- Architects and engineers
- Design professionals
- Title professionals
- Property managers
- Insurance professionals: agents and brokers
- Banking professionals
- Home inspectors
- Financial advisors and brokers
- Technical and web copy writers
Proactive risk management
Our philosophy is broader than simply defending a professional when a lawsuit or a specific claim has been made. We encourage professionals to be proactive about managing their risk and taking steps to reduce their exposure for claims or lawsuits. For example, we can help professionals ensure that they have insurance and, more particularly, the right types of coverage to cover the professional activities in which they are actually engaged. We can help them evaluate the documents used in the course of dealing with their clients to ensure the documents are clear and legally adequate.
There is a whole host of different ways we can help professionals be proactive about managing their risk. There are many reasons for evaluating professional liability beyond the context of lawsuits and actual claims, but all of the reasons come back to a simple fact: reviewing a professional’s practices makes sound business sense, and we believe will more than pay for itself. It improves a professional’s relationships with their clients by clarifying those relationships and managing client expectations. This also prevents many claims from ever even occurring. If and when claims do occur, the fact that a professional has, with the assistance of an attorney, reviewed, analyzed and having taken steps to improve the professional’s practices will make any claim much easier to defend.
The Bottom Line
When claims are made against a professional, in many cases, those claims are covered by a professional’s insurance. The most common types of insurance for professionals are errors and omissions (“E&O”) insurance, directors and officers (“D&O”) insurance, or other types of professional liability insurance. Albuquerque Business Law’s attorneys have many years’ experience working with insurance companies in a variety of coverage settings and understand how to work in tandem with a professional’s carrier to defend claims when they do occur. Carriers who insure professionals in the “Land of Enchantment” are welcomed to drop us a line to learn more about our firm and how we can help you defend your New Mexico insured professionals efficiently and effectively.