Compensation for negligent advice
When a professional gets an important part of their job wrong, the implications for clients can be monumental in terms of financial loss, wasted time and costs and personal distress. Fortunately, the law does provide a remedy.
Our professional negligence solicitors work on claims in order to win compensation for clients for the mistakes, lack of care and even fraud of their professional advisers. Any professional, including Solicitors and Barristers, Financial Advisers, Accountants, Insurance Brokers, Surveyors and Architects, could have a claim brought against them if they breach their duty of care to their client.
A successful professional negligence claim involves more than just establishing that the professional concerned gave bad advice or failed to spot a crucial issue. The error must amount to a breach of duty and it must have caused a direct financial loss.
Sometimes it will be relatively easy to quantify that loss and, at other times, it will require some forensic work to establish just how much money has been lost or how much should have been gained had the professional’s advice not been negligent.
Professionals often have insurance which will cover them for claims of professional negligence. However, that is not always the case and it is sometimes necessary to review and consider the implications of an insurer’s attempt to avoid cover.
Embarking on a claim is as much about understanding and using the process as it is working out the ingredients of a claim. There are specific rules about what should happen before a professional negligence claim is issued at court. Those rules aim to encourage the parties to consider settlement before the formal court process begins, and there are penalties for non-compliance.
About our professional negligence solicitors
Our professional negligence solicitors in Derby, Leicester and Nottingham are experienced in every type of professional negligence claim. They are quick to get to the issues that really matter and they are incisive in their valuation of the claim, the assessment of the chances of success and the timescales and costs involved.
They will guide clients through the correct procedures, always advancing the strongest possible case and looking for the best way of resolving the issues.
Our team is willing to look at alternative funding arrangements such as Conditional Fee Agreements (No Win, No Fee) or Damages Based Agreements.
Experienced in negotiations, mediations and arbitrations, as well as Court advocacy, our team works hard to get the right result as quickly and inexpensively as possible.
For more information about Nelsons’ services for businesses, email us or call 0800 024 1976 for a guaranteed response.
“Nelsons...client roster includes high-net-worth individuals, sports professionals and property businesses. It handles claims against solicitors and barristers, financial advisers, insurance brokers, surveyors and architects, among others. It has a notable specialism in defending professionals against claims where there is no insurance cover in place or where cover has been reserved. Although it predominantly acts for claimants, the team is also engaged by insurance companies on the defendant side.”Legal 500