If you slipped and fell on your own property, homeowners liability does not cover it. It only covers your liability for injuries to others.
If you slipped and fell on someone else's property, their Iiability insurance should cover it.
If you're in a car accident, and it's the other person's fault, they're liable and their insurance should cover it. If you live in a no-fault state, your insurance will cover it.
Lawyers are a dime a dozen, go medical. Heck, there is a shortage of pharmacists and their median wage is $98,000K well above lawyers. Dentists 180,000K median and there is a shortage, and of course a shortage of MDs.
From US News, Poor careers for 2006
Attorney. If starting over, 75 percent of lawyers would choose to do something else. A similar percentage would advise their children not to become lawyers. The work is often contentious, and there's pressure to be unethical. And despite the drama portrayed on TV, real lawyers spend much of their time on painstakingly detailed research. In addition, those fat-salaried law jobs go to only the top few percent of an already high-powered lot.
Many people go to law school hoping to do so-called public-interest law. (In fact, much work not officially labeled as such does serve the public interest.) What they don't teach in law school is that the competition for those jobs is intense. I know one graduate of a Top Three law school, for instance, who also edited a law journal. She applied for a low-paying job at the National Abortion Rights Action League and, despite interviewing very well, didn't get the job.
From the Associated Press, MADISON, Wis. (AP) - A lawmaker who persuaded the Assembly to eliminate all state funding for the University of Wisconsin law school says his reasoning is simple: There's too many lawyers in Wisconsin.
From an ABA study about malpractice claims, More Sole Practicioners: There appears to be an increasing trend toward sole practicioners, due partly to a lack of jobs for new lawyers, but also due to increasing dissatisfaction among experienced lawyers with traditional firms; leading to some claims which could have been avoided with better mentoring.
New Lawyers: Most insurers have noticed that many young lawyers cannot find jobs with established firms, and so are starting their own practices without supervision or mentoring. This is likely to cause an increase in malpractice claims, although the claims may be relatively small in size due to the limited nature of a new lawyers
“In a survey conducted back in 1972 by the American Bar Association, seventy percent of Americans not only didn’t have a lawyer, they didn’t know how to find one. That’s right, thirty years ago the vast majority of people didn’t have a clue on how to find a lawyer. Now it’s almost impossible not to see lawyers everywhere you turn."
Growth of Legal Sector
Lags Broader Economy; Law Schools Proliferate
For graduates of elite law schools, prospects have never been better. Big law firms this year boosted their starting salaries to as high as $160,000. But the majority of law-school graduates are suffering from a supply-and-demand imbalance that's suppressing pay and job growth. The result: Graduates who don't score at the top of their class are struggling to find well-paying jobs to make payments on law-school debts that can exceed $100,000. Some are taking temporary contract work, reviewing documents for as little as $20 an hour, without benefits. And many are blaming their law schools for failing to warn them about the dark side of the job market.
The law degree that Scott Bullock gained in 2005 from Seton Hall University -- where he says he ranked in the top third of his class -- is a "waste," he says. Some former high-school friends are earning considerably more as plumbers and electricians than the $50,000-a-year Mr. Bullock is making as a personal-injury attorney in Manhattan. To boot, he is paying off $118,000 in law-school debt.
A slack in demand appears to be part of the problem. The legal sector, after more than tripling in inflation-adjusted growth between 1970 and 1987, has grown at an average annual inflation-adjusted rate of 1.2% since 1988, or less than half as fast as the broader economy, according to Commerce Department data.
On the supply end, more lawyers are entering the work force, thanks in part to the accreditation of new law schools and an influx of applicants after the dot-com implosion earlier this decade. In the 2005-06 academic year, 43,883 Juris Doctor degrees were awarded, up from 37,909 for 2001-02, according to the American Bar Association. Universities are starting up more law schools in part for prestige but also because they are money makers. Costs are low compared with other graduate schools and classrooms can be large. Since 1995, the number of ABA-accredited schools increased by 11%, to 196.
According to the Internal Revenue Service, the inflation-adjusted average income of sole practitioners has been flat since the mid-1980s. A recent survey showed that out of nearly 600 lawyers at firms of 10 lawyers or fewer in Indiana, wages for the majority only kept pace with inflation or dropped in real terms over the past five years.
Many students "simply cannot earn enough income after graduation to support the debt they incur," wrote Richard Matasar, dean of New York Law School, in 2005, concluding tha