July 14, 2008
Proposed Insurance Requirement Published for Comment
Virginia State Bar Seeks Comments to Proposed Amendments to Part 6, Section IV, Paragraphs 18 and 19 Rules of Supreme Court of Virginia
The proposed rule changes for Paragraphs 18 and 19, providing that all active members of the Virginia State Bar engaged in the private practice of law representing clients (either individuals or entities) drawn from the general public be covered under a professional liability (malpractice) insurance policy, will be debated by the council of the Virginia State Bar at its October 17, 2008 meeting.
NOTE: THESE PROPOSED RULE CHANGES HAVE BEEN PRESENTED TO BAR COUNCIL FOR CONSIDERATION BY THE BAR’S SPECIAL COMMITTEE ON LAWYER MALPRACTICE INSURANCE. NEITHER THE COMMITTEE NOR THE BAR COUNCIL HAVE TAKEN A FORMAL POSITION ON THE MERITS OF REQUIRING MALPRACTICE INSURANCE. RULE CHANGES MUST BE PUBLISHED BEFORE ANY ACTION CAN BE TAKEN BY BAR COUNCIL.
Any member of the bar having comments about the proposed changes should direct those to: Executive Director, Virginia State Bar, 707 East Main Street, Suite 1500, Richmond, VA 23219-2800, no later than September 26, 2008.Updated: Jul 14, 2008