Legal malpractice cases are often worth what the underlying value of the original case was worth, plus potentially more,
To prevail in a legal malpractice case, you need to show not only a deviation from the acceptable standard of care from the attorney. You also need to show that you would have won the underlying action but for the negligence of the attorney.
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As my colleague stated, the malpractice case is generally worth what the underlying claim would have been worth. As a result it is impossible to provide an average number to you.
As a side note, legal malpractice cases are amongst the most complicated kind of cases to handle. The reason for this is that the malpractice attorney needs to prove not only the malpractice but that the client would have won the underlying case.
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As the other attorneys have correctly advised you, to prevail you must show that you would have won the underlying case, but for the attorneys negligence. You need an expert to testify the attorney was negligent and possibly an expert on the underlying case, which you have not described. Only your attorney can advise you as to how much your case is worth.
You can obtain the full value of your claim if your attorney can show that the original defendant acted negligently and caused you harm, and that your first attorney acted negligently and caused you harm by depriving you of your right to obtain compensation from the original defendant. An attorney defending such a case can argue that the amount of your losses should be capped at the amount of available insurance available to the original defendant, if the party has no or limited assets, in cases where your losses exceed the amount of the original defendant's insurance. These are complex cases so hire an experienced attorney to review the case.
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