What is Professional Negligence?

In short, when a professional engages with a client, there are expectations and standards that they are expected to meet. Professional negligence occurs when their skill, expertise and advice fail to meet the objective standards of a reasonable professional and causes the client loss.

Common examples of professional negligence include:

• Negligence by solicitors

• Negligence by accountants

• Negligence by architects and engineers

• Negligence by financial advisors

A ‘Professional’ is broadly defined as an individual providing their expertise or skills in the service they provide. Claims can be made against a range of professionals, including but not limited to

• IT Professionals

• Surveyors

• Builders

• Financial advisors

• Architects

• Solicitors

• Insurance brokers

Professional Negligence and Litigation Funding

The scale of professional negligence disputes varies, and naturally, there can be large, expensive and complicated cases which require the help of a third party in order to provide equal opportunity for the claimant.

Professional negligence claims can be threatening to a firms’ reputation, therefore, are often high value with large organisations willing to pump resources into cases. This is especially true when looking at the banking, law, accountancy and surveyor sectors.

There are many third-party funders who have a specific interest and experience with professional negligence funding, the addition of their capital and knowledge can be a huge boost for your case.

FINLEGAL.IO and Professional Negligence

FINLEGAL.IO’s unique and intuitive one-form single application system is designed to suit a wide range of claims, no matter the size or nature. Through a combination of funding, technology and people, we are able to save crucial time for both lawyers and funders.

Our team of experts have built a process that helps lawyers construct a well-written and structured request for class action litigation funding. Using our video guides and tips on using the right language, you will produce a request with the best chance of securing funding.

When your litigation funding request is complete, it will reach a single market filled with funders seeking their perfect match. Be assured when using FINLEGAL.IO that all compliance requirements are met and that your case is on course to receive the best commercial terms for third-party funding.

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