According to the ABA’s most recent Profile of Legal Malpractice Claims, “Failure to Know/Properly Apply Law,” was the most commonly alleged error committed by attorneys. Based on the data, this type of error accounted for more than 15% of all alleged errors. Lawyers who are giving advice or working on matters outside their usual practice area should be cognizant of complex legislation, increased regulations and ever-evolving case law. That is why it is important that lawyers regularly participate in CLE programs relevant to their practice areas in order to maintain a current knowledge of the substantive law.
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