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Making mistakes in professional life and learning from professional liability claims
Insights from a professional liability lawyer on how professionals can learn from mistakes, prepare for claims, and implement risk mitigation strategies before problems arise to reduce stress and protect their business.
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Professionals need to protect themselves from legal risk before something goes wrong
Risk management strategies for building professionals and financial advisers beyond just buying PI insurance, including annual policy reviews, contract alignment, and engagement process optimization to minimize liability exposure.
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Regulatory engagement, investigations and insurance coverage for professionals
Guidance for professionals facing regulatory investigations from VBA, ASIC and other authorities, including how to check PI insurance coverage for investigation costs and when to seek legal advice.
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Managing legal risk is more than just buying insurance
How effective professional liability risk management extends beyond purchasing PI insurance to include proactive legal strategies, process improvements, and risk avoidance measures that protect professionals before claims arise.
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When VCAT can award costs against parties and settlement rejection consequences
Analysis of VCAT's power to award litigation costs under sections 109 and 112 of the VCAT Act, including circumstances where rejecting settlement offers may result in adverse cost orders for applicants and respondents.
Articles page 22
We write about recent legal updates, significant court cases, and changes to regulations. Keep informed about the latest developments in Australian law.
