Law Commons^™

A Tale Of Two Professions: The Third-Party Liability Of Accountants And Attorneys For Negligent Misrepresentation, Gary S. Lawson, Tamara Mattison

Faculty Scholarship

To whom does a professional owe a duty of care when providing professional services?1 The traditional answer, grounded in principles of contractual privity, is that professionals are liable for negligence to their clients, and perhaps to third-party beneficiaries of the client-professional relationship, but that their noncontractual obligations generally extend no further than a duty not to commit fraud.2 In the past two decades, however, courts have become increasingly willing to hold a wide range of professionals liable for their negligence to parties outside the chain of privity. 3 The accompanying growth of third-party4 lawsuits alleging professional negligence and in particular …