professional liability
Expert's legal risk
Professional liability is legal responsibility for harm caused by errors, negligence, or failure to perform professional duties competently.
It applies to doctors, lawyers, accountants, engineers, and other professionals whose work requires specialized knowledge and carries potential for significant damage to clients.
The architect carried professional liability insurance in case of design flaws.
Malpractice is the medical term; errors and omissions covers many other fields.
- lawsuitsLegal proceedings seeking remedy
- deep pocketsConsiderable financial reserves
- medical practitionersLicensed healing professionals
- lawyersLicensed legal practitioners
- negligenceFailure to exercise care
malpractice · errors and omissions · duty of care · fiduciary duty · conflict of interest · bad faith · settlements · tort law · arbitration · accountants · ethical violations · disciplinary action · mediation · coverage limits · incompetence · risk assessment · architects · premium rates
- insuranceinsurance, coverage, auto insurance, life insurance, home insurance
- insurance risksbodily injury, property damage, collision, fire damage, vandalism
- legal ethicslegal ethics, attorney-client privilege, privilege, code of ethics, pro bono
- liabilitiesaccounts payable, payables, short-term debt, long-term debt, accrued interest
- tortstort, negligence, tortfeasor, torts, tort law
- liability insuranceerrors and omissions, malpractice insurance, umbrella insurance, medical malpractice, legal malpractice
professional liabilitypersonal injury
Harm to a person's body
personal liability · bodily injury · general liability · property damage · product liability
professional liabilityliability protection
Safeguard against legal claims
qualified immunity · legal immunity · indemnification · sovereign immunity · safe harbor
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