Baker Botts has significant experience defending claims against professional service firms, primarily the large accounting firms, law firms and consulting firms. In addition to traditional malpractice claims filed by clients, these firms are regularly targeted by nonclients who assert fraud and securities claims, particularly where the professional firm's client is in financial distress. Baker Botts' professional liability lawyers are adept at defending professional services providers against claims by clients and nonclients, both in individual and class action suits.
Accounting Firms
Baker Botts lawyers regularly represent the "Big Four" accounting firms in litigation matters involving a range of professional services, including financial statement audits and tax compliance and consulting work. Our lawyers also advise accountants and accounting firms in administrative proceedings initiated by state and federal regulators. We are one of the national firms of choice in the defense of accountants' liability claims.
Consulting Firms
Our lawyers defend large business consulting firms in malpractice cases. These claims typically stem from work performed for clients of the consulting firm.
Law Firms
We frequently represent other lawyers and law firms in the defense of malpractice and breach of fiduciary duty claims. These claims may be brought by clients, or parties claiming to be clients as well as third parties. We understand the challenges posed by the representation of attorneys in legal malpractice claims, and we have successfully tried a number of legal malpractice cases to jury verdict.