Ingosstrakh Insures Liability of Legal Firm to Amount of USD 1 mln
OREANDA-NEWS. Ingosstrakh Insurance Company Branch in Krasnodar Krai has signed the contract of the lawyers' professional liability insurance with Advocates Bureau Yug. The total insurance premium was USD 1 m.
Under the contract terms liability of the advocates bureau's lawyers in the course of carrying out professional activities was insured. Insurance coverage contemplates compensation for damage to the third persons whose financial interest suffered as a result of errors unintentionally made by the bureau's employees in the course of carrying out their professional activity.
Advocates Bureau Yug has been working on the market since 1995, taking into account legal succession. According to pravo.ru, the Bureau is among top 100 law firms of Russia. Advocates Bureau Yug was included in the rating of the best regional law firms of Russia by Chambers and Partners. Active participation of the Bureau's lawyers in the International Union of Lawyers (IBA, London), Certified Institute of Chartered Arbitrators (CIArb, London), International Association of Young Lawyers (AIJA, Brussels), Association of European Businesses (AEB, Moscow), American Chamber of Commerce (AmCham, Moscow) is an evidence of its international recognition.
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