Crucial Exams

Multistate Professional Responsibility Exam Practice Question

Michael is establishing his own law firm and wants to effectively manage potential professional liability risks. Which of the following actions best incorporates insurance into his risk management strategy?

  • Implementing internal risk management protocols alongside purchasing insurance.

  • Utilizing a standard business insurance policy that includes some legal coverage.

  • Securing a liability coverage plan tailored for law firms.

  • Maintaining general insurance policies to manage operating costs.

Multistate Professional Responsibility Exam
Competence, legal malpractice, and other civil liability
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