These market trends were pulled from a survey by Ames & Gough of the top 10 legal professional liability carriers, which combined cover 80% of the Am Law 100. (Credit: VectorMine/Adobe Stock) These market trends were pulled from a survey by Ames & Gough of the top 10 legal professional liability carriers, which combined cover 80% of the Am Law 100. (Credit: VectorMine/Adobe Stock)

Legal malpractice claims frequency has remained relatively flat in recent years. However, claims severity has continued to be a challenge for legal professional liability carriers, according to Ames & Gough, which reported most insurers had large payouts during 2022.

These market trends were pulled from a survey by Ames & Gough of the top 10 legal professional liability carriers. Combined, the 10 insurers cover 80% of the Am Law 100, a ranking of the 100 largest law firms in the U.S. that is compiled by PropertyCasualty360.com's sister site Law.com.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Commercial Lines
Litigation
E&S/Specialty