Bridge McFarland - Commercial Clients

Bridge McFarland
 
 
 

Professional Negligence

Professional Negligence Claims Advice: 01522 518835

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:

        • The insurance premium is self insured. You are not required to pay a substantial premium upfront. If the case is lost, the premium does not become payable. If the claim is won, the premium is paid by the opponent;
        • The insurance policy covers all of your disbursements as well as your opponent’s legal costs if you lose. You are therefore fully protected against the risk of having to pay any costs;
        •  You are not required to make any payment to us, or the underwriters, during your case; and
        • This product is fully regulated by the Law Society.
        • We  represent a number of clients in claims for professional negligence using this method of funding and it is successful. It ensures that people who may not otherwise be able to afford to sue a professional can do so in the knowledge that they will not face any risk of having to pay out legal costs.Such claims may be considered against
    Accountants & Auditos Complaints
      • Negligent tax advise
      • Failure to meet tax deadlines
      • Inaccurate evaluation of businesses
      • Negligent auditing

      Architects Complaints 

      • Negligent Construction Design
      • Negligent project management & financial control

      Barristers Complaints

      • Negligent advice on prospects of success

      Financial Advisers Complaints

      • Negligent investment advice
      • Mis-selling of endowment policies
      • Mis-selling of pension policies
      Solicitors Complains & Complaints about Solicitors
      • Negligent advice
      • Missing limitation dates
      • Failure to complete land searches in property transactions
      • unmarried property rights -
        Surveyors Complaints
      • Failure to spot structural problems
      • Inaccurate valuation of property
      Insurance Brokers
      • Failure to effect insurance policy
      • Failure to disclose material facts/misrepresentation

      IT Professionals Complaints

      • Design defects
      • Negligent advice

For Advice on how to make a claim for Professional Negligence speak to

Natalie McAuliffe 01522 518835