If you committed a breach of contract, your client may have legal grounds to sue you. For instance, if you forgot to include certain recommendations that should have been provided (e.g. cost-saving plans, strategies, etc.), causing your client to suffer losses, then this could be cause for a lawsuit.
Lawsuits against consultants are fairly common, especially when bigger projects are involved. Defending a lawsuit could easily cost several hundred thousand dollars. It's critical that consultants get professional indemnity insurance, which will pay for lawyer's fees and damages awarded by the courts.
Get professional indemnity insurance for consultants here. You can save up to 25% on your premiums.
If you committed a breach of contract, your client may have legal grounds to sue you. For instance, if you forgot to include certain recommendations that should have been provided (e.g. cost-saving plans, strategies, etc.), causing your client to suffer losses, then this could be cause for a lawsuit.
Lawsuits against consultants are fairly common, especially when bigger projects are involved. Defending a lawsuit could easily cost several hundred thousand dollars. It's critical that consultants get professional indemnity insurance, which will pay for lawyer's fees and damages awarded by the courts.
Get professional indemnity insurance for consultants here. You can save up to 25% on your premiums.