The current economic climate had led to an increase in the number of professional negligence claims against solicitors and other professionals. When employing a professional to look after our best interests we expect that we are receiving a high level of service. Sometimes we do not receive the level of service that we expect and as a result suffer financial loss.
The largest disincentive to a person seeking advice from a solicitor is the high legal costs they believe they will have to pay and the risk that any compensation they receive shall be swallowed up in their solicitor’s costs. At Bridge McFarland we can eliminate your exposure to pay any legal costs.
If you have a valid claim against a professional we shall enter into a Conditional Fee Agreement (“CFA”) (‘no win no fee’) with you. If your claim is successful an uplift can be charged on the fee, calculated as a percentage of our basic charges. The costs and uplift shall be payable by the opponent. If the claim is unsuccessful we do not get paid.
A CFA does not deal with the liability to pay disbursements (monies paid on your behalf to third parties eg. Barristers, experts, court fees) nor does it protect against the potential liability to meet the opponent’s costs. Bridge McFarland has underwriting authority for Temple Legal Protection, the Professional Negligence Lawyers Association and QBE. This product covers your own disbursements and pays the opponent’s costs in the event the claim is unsuccessful.
Benefits of the policy include:
Architects Complaints
Barristers Complaints
Financial Advisers Complaints
IT Professionals Complaints