[blurry]

Not so in New York. You have your UBT (over $3,000 per year), your publication requirements (over $1,500 per registration), and more. Considering that generally your clients cannot sue you for more than the contract was worth in the first place (excepting rare cases of willful negligence etc.) it is far from a no-brainer.

[bonsaitree]

Willful negligence indeed. That's why it's a good idea to carry E&O insurance in most states--despite the costs.

Nah, the tax write-offs alone make those costs more than manageable.