Professional negligence occurs when professionals whose work falls below the standard required by the law, may cause serious repercussions for their clients and can lead to clients suffering significant financial losses.
People who seek advice from a professional advisor have a right to be advised with care & expertise, and their affairs should be properly managed. If you have lost money as a result of poor financial advice, you may be entitled to compensation through a professional negligence claim.
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What we can do for you
You may be able to obtain compensation for any losses directly resulting from bad advice or mismanagement of your affairs.
Our professional negligence lawyers have many years of experience in disputes of this nature. We advise clients who have suffered from:
Inappropriate financial advice
Misleading or deceptive professional advice
Incorrect property valuations
In many cases like these, the failure of a long-term investment can affect your short term finances. If you need it, we can often arrange litigation funding or litigation insurance.
Recouping losses from bad financial advice
People who seek advice from a financial advisor have a right to assume a certain level of care and expertise. Their financial affairs should be properly managed.
Financial advisors who fail to exercise a duty of care and whose work falls below the standard required by the law, may cause serious repercussions for their clients. Poor or inappropriate financial advice may lead to clients suffering significant financial losses; their retirement and self-managed superannuation funds that have often been accumulating over a lifetime, may be put at risk.
In the majority of circumstances losses caused by market fluctuations and other calamities are not means to make a claim. However, when your lifestyle or retirements are lost as a result of bad financial advice then you may be able to seek compensation from your financial advisor.
If this is the case, a person may be able to obtain compensation for any losses directly resulting from inappropriate financial advice. This is where we can help.
Our lawyers are experienced in helping Australians seek compensation when things go wrong, and helping those who suffer losses from poor financial advice is no exception.
By working with us
Our experienced professional negligence lawyers can:
Explore avenues for compensation for poor financial advice
Investigate whether duty of care has been breached and if a claim can be made
Find the best course of action to manage risk and maximise return
Offer flexible litigation funding options
For commercial disputes, Slater and Gordon generally does not act on a no win, no fee basis and a fee may be charged for the initial consultation.