Vandeventer Black’s Accounting Malpractice Defense team is experienced in all types of professional liability claims against accounting professionals, addressing some of the most complex cases imaginable. Our relationships working with insurance carriers streamline the process for accounting professionals, allowing them to do what they do best, which is to serve the interests of their clients.
Clients range from sole practitioners to large regional and national accounting firms. We are seasoned in investigating, negotiating, counseling and aggressively defending accounting firms on a variety of malpractice actions by corporations and individuals, ranging from securities fraud, breach of fiduciary duty, conspiracy, failure to detect embezzlement and defalcations, and tax advice to errors in providing consulting services.
Our attorneys are experienced in both the trial and appellate levels. We focus on resolving cases early through motion practice, mediation, and other forms of alternative dispute resolution. We are acutely aware of the importance of preserving the firm’s image and work with clients to address these issues, especially in high profile scenarios. Because of our depth and experience, we are comfortable counseling clients regarding early settlements for meritorious cases as well as questionable claims that call for trial defense. In addition, we routinely represent accountants before the Virginia regulatory boards and assist accountants when subpoenaed as witnesses and/or custodians of records in third party litigation.
As part of our practice, we counsel accounting firms on loss prevention strategies and day-to-day issues related to an accounting practice, including analyzing policies for professional liability coverage and drafting partnership agreements. We also represent professionals regarding insurance coverage disputes, and we regularly educate staff on a variety of issues and legal trends related to risk management and professional liability in the accounting industry. Our attorneys speak on and publish articles on accounting liability, including “The Legal Accountability of Accountants in Virginia”, S. Sadiq Gill and Stephan F. Andrews, published in The Journal of Civil Litigation, Vol. XIV, No. 4, Winter 2002-2003. We firmly believe managing risks is the best and most cost-efficient malpractice defense strategy available.
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