Certain professionals, such as business owners, lawyers, financial advisors, and accountants are particularly vulnerable to lawsuits, including claims of:
- Professional malpractice
- Personal liability of corporate officers and directors
- Lawsuits by former business partners
- Personal injury suffered on your premises
- Personal injury resulting from a motor vehicle accident
- Liability as guarantor for the debts of another
- Liability arising from misconduct
However, physicians face the greatest risk of all. Doctors must protect against all of the above threats as well as a range of regulatory issues. Malpractice and other forms of insurance do not adequately protect physicians in many situations. In fact, lawyers who focus on medical malpractice consider insurance the “tip of the iceberg,” the starting point for determining damages.
At the Pasadena Law Group, business and asset protection for physicians and their families is one of our core areas. Jan Copley, the Founder of the Pasadena Law Group, is herself the daughter of a physician and is particularly sensitive to this issue. In fact, she “wrote the book” on succession planning for physicians, as the author of the chapter about succession planning for medical practices in California Continuing Education of the Bar’s Business Succession Planning: Strategies for California Estate Planners and Business Attorneys.
Contact us – Pasadena Physicians Attorneys today for a consultation.