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Posted on: August 8, 2019 by Huntersure
A difficult concept for purchasers of professional liability insurance is what prior acts coverage refers to as well as claims-made policies. A negligence claim against a lawyer or any other type of professional, such as an accountant, typically evolves from services that were provided many years before the time of the claim. With this in […] Read More
Posted on: July 25, 2019 by Huntersure
Every year, tax professionals gear up for a lively financial season that starts in January and carries on through the summer when most people choose to begin making their tax payments. For auditors, the entire year is basically one big tax season, so concerns about legal liability and their responsibilities can virtually be under the […] Read More
Posted on: July 11, 2019 by Huntersure
In any legal case, clients have every right to worry about their sensitive information being leaked or exposed. Whether it’s a business-related legal matter or personal, the client is putting their faith in the hands of their attorney or representation to keep their information safe. By its very nature, the attorney-client relationship allows an invaluable […] Read More
Posted on: June 20, 2019 by Huntersure
Clients seeking out the right legal representation have a lot to consider, including reputation, price, and the lawyer’s track record of winning cases. But it’s just as important for the lawyer in question to be just as risk-averse when picking up a new client. Risk management is most effective before the attorney-client relationship begins, as […] Read More
Posted on: June 13, 2019 by Huntersure
Confidentiality agreements, or clauses, in settlement cases draw the line in legal matters today. Breaking a confidentiality agreement can lead to a breach of contract situation, which will then in turn bring on damages to the party that broke the clause. Defendants in a case usually force plaintiffs into confidentiality agreements as most plaintiffs don’t […] Read More
Posted on: June 5, 2019 by Huntersure
Clients of attorneys have an absolute right to end their working relationship with their attorney(s), whether or not they have cause. From negligence to preference to being unsatisfied with the pace an attorney is working, for example, clients can discharge their representation when they want. Lawyers, however, do not necessarily have this same right. A […] Read More
Posted on: May 16, 2019 by Huntersure
Fraud is on the rise all across the country and across many industries. From personal tax returns to companies taking advantage of their clients, fraud continues to be a major issue. In New York, there are already efforts to combat fraud in state taxes, meaning the alarm bells for fraud, in general, are already sounding. […] Read More
Posted on: May 9, 2019 by Huntersure
Tax season is in full force and accountants all over are taking care of returns for clients and companies, making sure they get everything checked off to avoid discrepancies. But outside of the annual tax duties that accountants face there are still a number of responsibilities they carry throughout the rest of the year. The […] Read More
Posted on: May 2, 2019 by Huntersure
Accountants have a very important job during tax time, but that doesn’t mean they should slack in their relationship with their clients throughout the rest of the year. It’s important for accounting professionals to keep open communications with their clients through the entire year and know how to prioritize the topics in which they go […] Read More