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It’s not the sort of thing that you want to think about. But as a new survey shows, you definitely should look at preparing for it. We’re talking about medical malpractice lawsuits and the findings of a new survey just released by the American Medical Association that shows that most doctors will be sued for malpractice at some point during their careers.

According to the survey, more than 60% of doctors aged 55 and above have faced a medical malpractice lawsuit at least once in their career. That makes it a shocking 95 medical malpractice lawsuits filed for every 100 physicians currently in practice. Even though most of these lawsuits are either dropped or dismissed, the fact is that most doctors can expect to face a medical malpractice lawsuit at least once in their career.

5,825 doctors were included in the survey. Some doctors were found to be more susceptible to claims and litigation than others. General surgeons and obstetricians/gynecologists were up to five times more likely to be sued, compared to pediatricians and psychiatrists. Approximately half of all obstetricians/gynecologists below the age of 40 had been sued. 90% of surgeons about age 55 had been named in a medical malpractice claim. Male doctors were more likely to be sued than female doctors. That could simply be due to the fact that male doctors tend to be concentrated in the specialties that are frequently targeted in claims.

Approximately 65% of all claims are dropped or dismissed. That doesn’t mean however that these lawsuits do not cost these doctors. The average defense costs for a medical malpractice lawsuit that is dropped or dismissed amounts to a whopping $22,000. For cases that go to trial, the defense costs can shoot right up to $100,000.

It’s all the more reason why doctors should think about asset protection for their wealth.

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Pashmina Lalchandani

CEO & Co-Founder, Bar & Cocoa / Owner, Flow Simple
December 9, 2010, Douglass was a client of Pashmina’s

I’ve known Doug in many contexts, as a friend, as a client and as a business partner and he impresses me on all levels. He’s dependable, smart, generous and I wouldn’t hesitate recommending him and his law firm to anyone.
He’s the best and most ethical lawyers providing asset protection with rock solid strategies to give you peace of mind about your wealth. Straight forward, and straight talk. Doug is exactly the lawyer I want on my side. If I send someone to Doug, I know they’ll thank me for it!

Social & Solar Entrepreneur, Pan Afrikan Theorist, Translator/Interpreter,
Founder & Visionary Leader @ Afrikanpride.
March 12, 2011, Marlon E. D. J. worked with Douglass but at different companies

Doug is one of the most powerful thinker i have came across. During the short time that i have known Doug he has been a great source of inspiration. He has a simplistic yet effective and accurate way to analyze anything you bring to his attention, and then by asking you key questions he gets you to see the light at the end of the tunnel. Besides being extremely bright, he is a genuine and caring individual which is why I feel fortunate to know him. I can say without a doubt that he his the person you would want to talk to if you were in need of a person with his expertise.
Most of the lawyers out there will probably meet your needs, but if you are looking for someone to exceed your expectations and give you that wow factor, look no more he is the person for the job.

Patricia Salter

Associate Dentist at Smileology
December 1, 2010, Patricia was a client of Douglass’

I have been a client of Douglas Lodmell’s since 2001. My main concern was asset protection in this litigious society. I can sleep alot better at night knowing I have the instruments in place to protect the fruits of my labor, and that they will not end up in the hands of a slick trial attorney.

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