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Personal Injury Services

Professional Malpractice

What is Professional Malpractice?

Malpractice is often thought of as synonymous with injuries caused by the negligent actions of medical professionals. While medical malpractice is a component of professional malpractice, it is not the only component. Both legal and financial professionals who deviate from the accepted standard of care for each of their respective professions are capable of professional malpractice. The particular details of a malpractice case may vary greatly, depending on the situation and the professional involved.

When stockbrokers, financial advisors, or accountants fail in their fiduciary responsibility owed to their clients, it may be considered financial malpractice. It is their duty to use the power entrusted to them in a manner that will most benefit their clients. If a professional fails to execute transactions properly or in a timely manner, commits fraud, charges excessive fees, or makes unsuitable financial recommendations, they may be held accountable for professional malpractice.

Legal malpractice is another form of professional malpractice that occurs when an attorney fails to represent their clients in a manner that is consistent with the professional standard of care for the legal profession. Although no lawyer likes to be critical of another in their own profession, there are, sadly, some lawyers who are not as knowledgeable or careful as they should be.

What Constitutes Professional Malpractice?

A common misconception is that malpractice law is limited to recovering damages due to personal injury caused by medical professionals. However, professional malpractice often involves members of the financial and legal sectors. When it comes to legal matters, malpractice is defined as improper, illegal, or negligent behavior on the part of any professional. Depending on the professional involved, and the situation, the particular details of malpractice can vary greatly.

Medical Malpractice

Medical malpractice is the most well-known area of professional malpractice law. When any medical professional, including doctors, nurses, anesthesiologists, dentists, orthodontists, psychologists, and psychiatrists fail to adhere to the standard of care for their respective professions, and someone suffers an injury due to their negligence, it may be considered medical malpractice.

When you, or someone you care about, becomes ill or is injured, you will often reach out to a medical professional for help. Most of the time, the treatment is administered properly, and the medical professionals involved do everything they can to ensure the well-being of their patient. However, there are unfortunately times where a doctor, nurse, surgeon, or other medical professional deviates from protocol or fails to provide an acceptable standard of care. When this behavior results in injury, it may be considered medical malpractice.

Dentists, orthodontists, psychiatrists, and psychologists are also held to a standard of care for each of their respective professions. When someone is injured due to their improper or negligent behavior, they may also be held accountable for professional malpractice.

When someone becomes ill or are injured, he or she will often seek the help of a medical professional. Most of the time, professionals involved will do everything within their power to ensure the well-being of their patient. However, there are times when a professional will deviate from protocol or fail to provide an acceptable level of care. When this behavior causes harm to the patient, he or she may be held accountable for medical malpractice.

Financial Malpractice

All service professionals, including those in the financial profession, adhere to an accepted standard of care. For stock brokers, accountants, and financial advisors, this standard of care is tied directly to the fiduciary responsibility owed to their clients. It is their duty to use the power entrusted to them in a manner that will most benefit their clients. Financial malpractice may occur when a professional fails to make suitable financial recommendations, to execute transactions properly, charges excessive fees, or commits fraud.

Legal Malpractice

No attorney likes to talk critically about others in their profession. Nevertheless, there are unfortunately some lawyers who are not as careful or knowledgeable as they should be. While most legal firms work tirelessly to help their clients, there are times where a legal malpractice suit is not only advisable and just but also the only way to prevent further harm. We will accept legal malpractice cases when an egregious error has been committed because we believe it is important to uphold and encourage high standards in the legal profession.

Rely On Our Injury Attorney in Rockford

If you or someone you care about has suffered an injury at the hands of a professional, and you believe that it may be a case of professional malpractice, give us a call at 815-332-0262 to speak with one of our knowledgeable personal injury attorneys in Rockford at the American Law Firm. Our compassionate legal team is here to help you understand your options and seek the compensation to which you are entitled.

Call us now to get the legal advice you need.815-394-1776

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