In business transaction cases, malpractice can occur when an attorney does not take proper care in the preparation of legal documents. Often, transactional malpractice occurs when a lawyer fails to understand the nature of a transaction, fails to include important terms, or fails to explain the transaction properly to the client. For example, transactional malpractice can occur when the attorney ventures into a field he or she does not understand and does not do what is necessary to meet the standard of care in documenting a transaction. Transactional malpractice occurs when a lawyer's actions damages a client and, but for the attorney's actions, the damage would not have occurred.
Fighting For Victims Of Legal Malpractice
Transactional and legal malpractice can also occur when an attorney fails to include key provisions in transaction documents or overlooks key transactional points which should have been considered before the transaction was closed. Transactional malpractice can even occur when an attorney fails to advise his or her client properly about the tax implications of the transaction.
It takes an experienced legal malpractice lawyer to recognize when legal malpractice has occurred in a transactional setting. These types of malpractice cases are difficult to prove and require the assistance of an attorney with experience handling transactional malpractice as well as knowledge of how California law handles the subject.
Contact Orange County Transactional Malpractice Law Firm Klein & Wilson
To reach attorneys experienced handling legal malpractice matters, e-mail Klein & Wilson, in Newport Beach, today or call 949-631-3300 or 877-857-0073. If a lawyer's advice in a particular transaction caused a financial loss or other damage, consult the skilled lawyers of Klein & Wilson.