All too often claims against professionals result from the unintentional
assumption of responsibility, contractually or otherwise, for work and/or advice
that ought to have been left to others or, if accepted, properly regulated in
writing.
Even where responsibility is accepted, it ought not to be without limitation,
and careful thought in defining the extent and limit of the retainer is
essential.
Analysis and, where appropriate, revision of a professional practice's own
standard terms and conditions of engagement will enable your potential
professional liabilities to be either minimised as effectively as the law
permits or, in certain situations, excluded altogether.
Advice can also be provided on the insurance implications to minimise the
chance of any particular claim falling outside entitlement to indemnity from
your insurance providers - inadvertent acceptance of responsibility beyond that
imposed at common law is usually excluded from PII cover.
Further ongoing advice is available should new business opportunities present
themselves.
Legal guidance on the terms of engagement and potential implications of
future risk can prove invaluable, not only in legitimate restriction of
liability but also as an aid to determining the appropriate pricing
structure.
Contractual Advice
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