Professional negligence occurs when a professional fails to meet a standard of care that other professionals in the field would have met. When presenting a professional negligence claim, you must be able to show that the error was one that others in the same position would not have made under the same circumstances.
Every year, professionals in every field including finance and investment, health and medicine, and legal, make errors that adversely affect clients’ personal and financial well-being. Sometimes professional negligence is obvious and yet other times it is not as evident. Even highly talented and competent professionals make egregious errors in judgement. It does happen, yet it should not be the client who suffers the consequences of that negligence if it has in fact been a case of professional negligence.
Sometimes professionals take on business tasks or responsibilities without proper credentials, licensing, training or competence in that area. They may not take necessary precautions or offer advice that is not based on good information but rather based on their personal preferences. It may be a misrepresentation to the client or could be just a decision that was impulsive and not well thought through. These actions may be determined to be negligent and you may have a negligence claim to present.