Our Professional Indemnity Group has the rare distinction of involvement in one of the largest ever professional negligence actions in the history of civil litigation concerning the duties of Managing Agents and Members’ Agents at Lloyds.
Our expertise is wide ranging and we are well known for handling the high value more complex issues that arise from Professional Indemnity claims. These regularly involve analysing issues of causation, limitation, and contributory negligence within the applicable regulatory environment, as well as fraud.
Our key practice areas cover the main professional sectors which include professional disputes involving:
- Chartered Surveyors (“Valuers”),
- Independent Financial Advisors,
- Marine Architects,
- Marine Surveyors,
- Quantity Surveyors,
- Ship Builders, and
We are particularly active in the lending sector resolving high value complex commercial disputes which often involve (civil) fraud.
Focus on professional advice becomes more acute during a recession. Our wealth of knowledge, and understanding of recessionary pressures, means that we are able to approach the resolution of claims through Pre-Action Protocols incorporating procedures to achieve early negotiated settlements.
Our success in handling professional indemnity claims is reflected in the significant volume and variety of claims resolved during the course of both the last recession in the early 1990’s and again in today’s very difficult economic climate.
We advise on all aspects of legal cost funding and, in certain circumstances, we are able to offer cost neutral options to assist clients with budgetary limitations. We usually will do this where there are very good prospects of success. Clients may consider the purchase of After The Event (“ATE”) insurance for protection against adverse cost orders. Third Party Litigation funding may also be of value in some circumstances.
Our Professional Indemnity Group has been involved in numerous complex actions some of which have been reported following appearances in the House of Lords and the Court of Appeal.