Most business professionals hire an accountant because they don't want to handle their own books -- or don't know how.
The majority of attorneys are responsible and ethical -- it's not only part of their training but something that the American Bar Association demands. The Bar looks pretty hard at the character of each applicant for a license to practice law before granting one.
Legal malpractice can have devastating consequences for the attorney's client. Most of the time, even if the client was clearly a victim of legal malpractice, there's no second chance at a different outcome in court.
If you have a significant amount of assets or run a small business, you probably have an accountant.
Malpractice in the financial industry is nothing new. As powerful as the investment services sector is, however, pursuing any claim of professional malpractice might seem an overwhelming prospect. Where would one even start?
In Florida, caps on malpractice awards were put into place in 2003 under the administration of Jeb Bush -- and while it has taken almost 15 years, injured patients have finally scored a victory in court against that legislation.
Baltimore's downtown continues to see new development. Leaders of the nonprofit organization responsible for promoting the area say there are two things driving the current construction boom. One is that there's a strong supply of good-paying jobs. Another is that neighborhood revitalization efforts are proving effective.
Filing a medical malpractice suit against a psychiatrist or other mental health professional can be more complicated than taking legal action against other types of doctors. The injury is likely not visible or measurable, as it would be if a surgical procedure was done incorrectly or a medical condition was misdiagnosed.
Nursing home abuse and negligence is far too common here in Maryland and across the country. Just recently, we saw the tragic story of nursing home residents left in their facility with no power or air conditioning instead of being evacuated as Hurricane Irma bore down on Florida.
You know that you can sue your accountant for an intentional act that leads to a loss on your end. The accountant purposefully defrauded you, breaching the contract that the two of you signed when entering into business together.