If you have suffered business losses or damage to your commercial reputation through the actions or advice of a third party you may have a claim for professional negligence.
Accountants, architects, financiers, bankers, barristers, surveyors, engineers, estate agents and many more professionals should be expected to act and advise with professional competence. If they are negligent and fall below acceptable standards, and damage or losses result, there may be grounds for a case against them.
Before any proceedings are launched there needs to be a thorough investigation of the circumstances of the case which may often involve obtaining expert evidence.
Sometimes litigation can be avoided and an out-of-court settlement reached. When it is possible, this is a cost-effective and comparatively quick way of settling the dispute.
Professionals often have indemnity insurance to protect themselves in the event of a negligence claim being made against them. In these cases the individual’s financial position will not affect your claim.