Accountants well-placed to sidestep 'litigation arms race'
Accountants have an opportunity in the current market to reduce clients' litigation costs, as a “natural fit” to work alongside lawyers more so than other professionals in financial services, according to one barrister.
Finance barrister and mediator Dr William Wild believes rising legal costs, have come from corporates and individuals not treating litigation as an investment, and instead directing it straight to a lawyer who has no incentive to keep costs down. Accountants are in the driver’s seat to buck this this trend, he said.
Read the full article on Accountants Daily.