Negligence claims against firms of accountants, solicitors and other professionals are increasingly common in this litigious age. The law of negligence is in constant development, as major cases come to trial and new legislation makes its way through Parliament.
This week, The Lawyer examines three hot topics in the professional negligence field. The House of Lords has handed down two important decisions regarding the limitation period of negligence claims.
Professional firms also need to be aware of the risks of hiring new partners or merging with another outfit. As law firms prepare to renew professional indemnity cover for another year, we look at the problems of successor practices.
Possibly the biggest change in the field will be the Company Law Reform Bill, which looks set to remove limits on auditors’ liability. As the bill goes through Parliament, The Lawyer examines its potential effect.