LeClair Ryan

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Professional Liability Defense

Professional liability claims have been on the rise for years, and there is evidence these claims tend to increase sharply during difficult economic times, according to the American Bar Association’s Professional Liability Committee. Irrespective of the short-term economic picture, however, litigation has increased notably in many professions. For example, more lawsuits were brought against accountants during the 20 years through 1991 than in the entire history of the profession up to that point, according to the Journal of Accountancy, and that trend continues. Among factors contributing to the increase in professional liability claims are the nature of the U.S. legal system, legislative changes such as RICO and Sarbanes-Oxley, and the embracement of the “deep pockets” doctrine by many plaintiffs and plaintiffs’ attorneys.

Today, it’s not unusual for headlines in the business, financial, and legal press to spotlight situations where professionals of various types stand accused of alleged malfeasance in work performed for both public and private entities. Lawyers, accountants, architects, engineers, consultants, and corporate officers and directors all face exposure on this front. Often, these cases arise from extremely complex transactions and business deals. Resolving professional liability cases in the best interest of individual defendants requires a legal defense team with a broad range of knowledge and a deep well of experience, and that’s just what clients find in LeClairRyan’s Professional Liability team.

Whether a professional liability client’s ultimate goal is seeing a trial through to victory or reaching a favorable negotiated settlement, our attorneys have the legal skills, industry-specific knowledge and background, and ethical grounding to make it happen.

Our Professional Liability services include:
* Legal Malpractice
* Accounting Malpractice
* Architects and Engineers Malpractice
* Director and Officer Liability
* Other Professional Liability matters

LeClair Ryan
951 E Byrd St - 8th Floor
Richmond VA 23219
Tel: 804 783-2003
Fax: 804 783-2294

LeClairRyan is an entrepreneurial law firm that provides business counsel and client representation in matters of corporate law and high-stakes litigation.