Professional Liability Advocate

Professional Liability Advocate

Tag Archives: professional liability

Deloitte’s $500 Million Sentence

Posted in Professional Liability
We have assisted many accounting firms in the creation or revision of their client engagement letters. They very often question the need to include certain provisions intended to limit their liability to their clients and sometimes ask whether the provision is even enforceable. Whether the provision will be enforced is uncertain due to the very… Continue Reading

When Less Is More: The pitfalls of saying too much in professional contracts

Posted in Architects & Engineers, Design Professionals, Professional Liability
Design and other professionals often incorporate their practices in an effort to avoid individual liability. They also add well-crafted limitations of liability and indemnification clauses in their form services contracts to avoid responsibility for problems that arise in the execution of the plans. These strategies are especially important for practitioners in jurisdictions where a design… Continue Reading