Professional Negligence: Just the Facts

Professionals such as accountants, engineers and solicitors have a legal duty to complete their jobs ‘by the book’. If they fail to do so, and you suffer, then you may be entitled to compensation.

Image

Whether it’s being pointed to a dodgy investment or being taken for a ride by a business advisor, nothing feels worse than being let down by a professional.

The big question is: what defines negligence in a professional context?

Here are some examples:

  • Bad professional advice
  • Misleading professional advice
  • Errors in accounting
  • Engineering mistakes
  • Misrepresentation in Real Estate
  • Wrong property evaluations

If you ticked off any of these, then you may be entitled to make a claim for compensation.

Here are the things you need to prove in order to make a claim:

  1. The professional owed you a duty of care.
  2. They didn’t complete their job ‘by the book’
  3. Because of this negligence, you suffered a financial loss.

Compensation is paid by insurance companies and it’s the job of lawyers to find out who needs to be pursued, then put the claim forward in the best possible way. Most of these negligence claims are finalized within two years of a lawyer being engaged.

What you’ll need to gather and keep depends on the individual case of your professional negligence.

If you think you have a case, speak to a lawyer. They can help point you in the right direction when it comes to evidence gathering and pursuing legal action.

Good luck!