Accountants have a duty to report financial information accurately and honestly. However, some may intentionally manipulate the numbers. They may inflate revenue or hide expenses to make the company look more profitable. They may also do this for personal gain, such...
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Professional Malpractice
High-functioning alcoholism can lead to legal malpractice
Working in the legal sector is unquestionably a high-stress career. Lawyers not only need to complete years of education, but they must consistently provide measured, informed guidance to their clients. They also deal with people when they are at their worst because...
How clients can fight brokerage malpractice after investment losses
Investment losses are one of the risks people accept in exchange for the possibility of substantial returns on their resources. Any financial investment creates a degree of risk. People can potentially lose their invested capital or see their resources shrink in...
Improper retainer management could be legal malpractice
People generally put almost complete faith in the lawyers who represent them. They hire someone licensed by the state with experience in a certain area of law. They expect to receive proper guidance and advocacy in return for their investment. Unfortunately, not all...
3 types of legal malpractice in Maryland
When you enlist the services of legal counsel, you expect them to provide competent and diligent representation while adhering to the ethical standards and laws governing their profession. While this should ideally be the case, legal malpractice still happens,...
Is there an accountant-client privilege?
The attorney-client privilege is one of the most renowned laws regarding confidentiality of communication. However, other professionals, including accountants, are also required to observe this right. Here is what to know about accountant-client privilege: Maryland...
Attorneys may commit malpractice when working in new areas of law
Professional malpractice can occur in many different fields. Licensed professionals who perform important services for their clients sometimes fail to meet their needs. Those who hire lawyers, for example, are often facing potentially life-altering conflicts. They may...
Do you need to fire your accountant?
When you operate your own business, you need a good accountant. But, what if your accountant isn’t worthy of your trust? Sometimes problems crop up with an accountant that can simply be attributed to poor communication or mismatched expectations – and those can often...
Do you understand the limits of the attorney-client privilege?
An attorney-client privilege is one of the most confidential yet important professional relationships you can ever establish. To receive effective legal representation, it is important that your lawyer understands exactly what happened. And this means that your...
Does attorney-client privilege exist if you didn’t hire them?
A significant percentage of attorneys offer free consultations. While this is a fair solution for potential clients, as they get to evaluate different lawyers before choosing a suitable one without spending money, some may wonder if their conversations are protected. ...