Last Updated on 5th March 2025
Claiming compensation for a contract error
To find out if you can claim compensation for a contract error call our legal helpline for a free case assessment and details of no win, no fee funding. Call 0333 888 0403 or email details to [email protected]
Are you interested in claiming compensation for a contract error? Contract errors are unfortunately very common and they account for more than a quarter of claims against solicitors in company and commercial law.
Contract drafting errors frequently arise as a result of changes to instructions prior to completion, a problem that can be exacerbated by poor record-keeping by the solicitor. Busy commercial solicitors can also find that their judgment and attention to detail slips when they are overstretched, stressed or fatigued. In some cases practitioners succumb to the temptation to cut corners, especially on ‘routine’ contracts, making errors as a direct result of their complacency.
To avoid claims for a contract error, lawyers are encouraged to establish the full facts of a transaction at the outset, carefully define the scope of the retainer with the client (agreeing what issues the solicitor is required to advise on), and then to regularly review progress of the transaction as it progresses Commercial lawyers should also apply their minds to potentially adverse scenarios that might put their client at risk. What if the other party becomes insolvent; or the property price falls (or rises); or the exchange rate changes during an international transaction?
IT can also be used to avoid claims for a contract error, with effective drafting software now widely available to law firms.
However, despite the existence of modern technology drafting mistakes continue to occur, resulting in compensation claims being made against solicitors. If you believe that your solicitor has made a mistake when drafting a contract and you have lost out financially as a result, then we are here to help.
We deal with solicitors negligence claims nationwide and are experienced in claiming compensation for contract error cases. We will be happy to provide an assessment of your case free of charge, together with details of no win, no fee funding. Call us now on 0333 888 0403 or email details of your claim to us at [email protected]
