Professional and management liability

Our long established practice advises clients on matters involving risk, reputation and liability. Our experience is deep rooted and sector wide. We have a reputation for excellence. 
  • Profile
  • Experience

The professional and management liability team at Stephenson Harwood is especially well known for its work on matters which are complex, high-value and sensitive.

We have been involved in the risk and liability aspects of many of the high profile corporate collapses and scandals over the last two decades, in the UK and in the international arena.

We routinely advise on challenges to professionals’ work across the span of the financial, insurance, pensions, construction and legal sectors in which they operate.

We act for both claimants and defendants.

Achieving results is important to us and we pride ourselves on providing strategic custom built solutions.

Our track record in the contentious arena, knowledge of our clients’ businesses and familiarity with the issues, results in clients turning to us to help steer them through commercial and legal risk in a non-contentious context, as well as in relation to disputes and potential disputes.

Clients include two members of the Big 4 firms of chartered accountants, the world’s leading auction house, a host of global financial institutions and members of their senior management.

Stephenson Harwood’s "experienced team" is "very switched on, very able" and provides "excellent commercial advice" for claimants and defendants across a range of professional negligence disputes.

The Legal 500 UK 2021


We act for two members of the Big 4 and other firms of accountants on contentious and potentially contentious issues across audit, tax and corporate finance. We pursue other accountants.


We act for and against solicitors, spanning the range of commercial activity undertaken by Magic Circle and City Firms.


We act as Insurers Representative on big ticket claims against professional services organisations around the world.

Funds and financial institutions

We have a wealth of experience in pursuing and defending claims against banks and other financial institutions for breach of mandate, marketing and sale of investments, investment management and returns.

Directors and officers

Our track record includes acting for management on claims following high profile corporate collapses. We also act for insolvency practitioners and others in investigating and pursuing recoveries from former management.

Professional standards

We act for bodies which set standards for the professions and for those who transgress them. We represent individuals in relation to investigations by regulators and others into alleged irregularities.

Art and cultural property

We have an enviable track record in acting for and against auction houses and art dealers, including in relation to issues concerning provenance, title and attribution of works of fine art.


We act for claimants and defendants in substantial claims against architects, surveyors and engineers arising out of design, construction and valuation of property.

Latest news & insights

20 Mar 2024

From Insights

Managing the risk of preliminary professional advice – when can a professional be held to off the cuff advice? (Miller v Irwin Mitchell LLP)

In Miller v Irwin Mitchell LLP [2024] EWCA Civ 53, the Court of Appeal dismissed an appeal by a claimant who had suffered a serious injury while on holiday but lost he..


25 Oct 2022

From Insights

Inadvertent waiver of privilege and concerns over independence: Pickett v Balkind

The Court has recently reminded litigants of the care needed to avoid inadvertent waivers of privilege and the circumstances in which disclosure of otherwise privilege..


22 Jul 2022

From Insights

UK sanctions: professional and business services to Russian clients

On 4 May 2022, the UK Government announced a ban on services exports to Russia, stating: "The new measures will mean Russia’s businesses can no longer benefit from the..


12 Jul 2022

From Insights

FRC position paper – Preparing for ARGA

The FRC has today published its position paper on its transition into the Audit, Reporting and Governance Authority (ARGA) to support the Government's reforms on corpo..


12 May 2020

From Insights

A new duty of care emerges on unusual facts in an audit context

Recent High Court decision - Mr Amjad Rihan v Ernst & Young Global Limited & Others [2020] EWHC 901


© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.