Looking at professional risk from a number of angles is the theme for this series of articles. Professional risk refers to the potential for harm, financial loss or legal liability that can arise from errors, omissions, or negligence in the provision of professional services or advice.

We will be looking at ways you can minimise and mitigate risk as a professional firm: often through better understanding, revising processes and getting the basics right. Our professional risk content is provided by risk management specialists Karen Eckstein and Polly Coram, both of Karen Eckstein Ltd.