In today’s world, it may seem to you as if it is possible to be sued no matter your career. While this may be true to some extent, there are certain professions that need to be especially aware of liability issues. Should a lawsuit be filed, the result can be not only being forced to pay thousands of dollars in compensation, but also the possible loss of one’s professional license. As to which professions need to be very aware of liability issues, here are four of the most common.
Perhaps more than any other profession, physicians are constantly needing to be aware of liability issues. Should a doctor make a mistake during surgery or fail to properly diagnose a patient’s illness, the result could be a malpractice lawsuit filed against them. Along with fines, a doctor could lose their license or even face criminal charges.
Along with physicians, attorneys are often held to a higher standard than many other professions, and thus should tread carefully around liability issues. In these situations, a lawyer could be held liable if they failed to properly represent their client in court, failed to heed attorney-client privilege, or were found to be working directly against their client’s best interests. Whatever the case may be, smart attorneys always carry professional liability insurance.
While you may not think architects have many worries when it comes to liability issues, the fact is this profession has many details in play that could result in lawsuits being filed against them. For example, should an architect design a building that is later found to have been structurally unsound or did not meet construction regulations and specifications, they could be held liable for significant damages.
Finally, accountants should also consider a variety of liability issues and have the necessary insurance in place should problems arise. Since accountants are trusted with providing their clients with accurate information regarding tax returns and other types of financial documents, one error could result in devastating consequences for their client. Should inaccuracies be found in an accountant’s reports or it be determined an accountant acted in a negligent and careless manner, a liability lawsuit will likely be filed against them.
If you are involved in any of these professions, purchasing professional liability insurance will be one of the smartest moves you ever make. After all, it will take only one lawsuit to possibly ruin what has otherwise been a stellar career.