In an opinion column for The Zweig Letter, Rob Hughes, senior vice president and partner, Ames & Gough, discusses legacy liability risks for design firms involved in mergers and acquisitions. In light of the continuing high volume of M&A transactions involving A/E firms, he points out that these potentially significant exposures – as well as sometimes unanticipated costs to address them such as through the purchase of “tail” extensions to professional liability insurance policies – can stall M&A transactions, alter the terms and conditions, or even prevent deals from being completed. He also explains how professional liability “tail” insurance works, discusses typical coverage durations and potential opportunities for extending coverage beyond standard periods. Click here to read the column, entitled, “Don’t get hit by the tail,” which appeared on October 14. [Note: Article originally published October 14, 2019 in The Zweig Letter (https://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to https://zweiggroup.com.]