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Review: Insurance Risk Aversion (aka declining marginal utility of income) Moral hazard As a bug Making the wrong choice because much of the benefit goes to someone else
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In the realm of law, providing exceptional legal services is paramount. However, even the most diligent law firms can face allegations of professional negligence or misconduct, potentially leading to costly legal battles and reputational harm. This is where law firm malpractice insurance comes into play. Let's explore the significance of this insurance coverage and why it's essential for safeguarding legal excellence.