Accountancy duties of care
Stuart Hall and Jane Scott report on the case that established whether solicitors' accountants can be held liable for damages claimed under SIF
The Court of Appeal has recently considered whether accountants who reported to the Law Society on the accounts of a firm of solicitors, in accordance with the requirements of the Solicitors Act 1974, owed a duty of care to the Law Society in its capacity as the regulator of solicitors and as trustee of the Compensation Fund.
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