NAPLIA's Professional Liability Blog / Resources / Articles

Suits for Fees - ways to avoid them and the liability they create

Posted by Tom Henell on Mon, Apr 25, 2011 @ 03:30 PM

You’ve provided professional services for your client, delivered the work product, sent them a bill for your services, and…nothing. What do you do?

Collecting fees is a critical and often difficult part of your practice, and one which raises one of the most frequent and serious questions to our risk management hotline; Should I pursue litigation to collect my outstanding fees?

Proactively taking steps to reduce the potential for unpaid fees is your best defense to avoiding potential suit for fees. There are basic billing practices which, when implemented regularly and effectively, can dramatically reduce the number of collection problems your office will face.

Read more about the specific ways to avoid the liability created by suing your client for fees.

Tags: accountants, cpas, professional liability, engagement letters, suit for fees