Professial service advisors claim to have specialist expertise, and are often placed in positions of trust making their clients especially vulnerable. The outcome for their clients can be catastrophic if the professional advisor fails to exercise the required level of care and diligence or uses their trusted position to gain a benefit for themselves or to cause detriment to their clients. Typical examples of where Williams + Hughes can assist are:
- where a lawyer has given wrong or inadequate legal advice, or hasn't properly drafted a legal document, causing you loss;
- where a lawyer has sued the wrong party or missed an important deadline, or done something without proper instructions;
- where a lawyer has acted for more than one person in a transaction, but favoured one person against the other;
- where an accountant has given you wrong tax advice or has failed to tell you of the tax consequences of a transaction;
- where an accountant has reviewed a proposed business transaction and made serious mistakes in the financial analysis;
- where valuers have failed to made adequate enquiries about factors that may impact on a business or land valuation, such as new competition entering the market or a large local employer downsizing or local planning restrictions;
- where valuers have given a misleading valuations based on other sales that are not truly comparative;
- where a financial advisor has recommended products that are too risky for your investment profile;
- where a financial advisor makes investment recommendations that benefit the advisor, at the client's expense.