Think twice before suing for unpaid fees

By: Ference, Sarah Beckett [author]
Language: English Copyright date: 2018 In: Journal of Accountancy Mar 2018, Vol. 225 Issue 3, pages 14 - 15Summary: The article discusses the counterclaim against an accounting firm for negligence or a regulatory complaint to be asserted resulting from a fee suit or utilize the service of a collection agency. It offers questions to be considered before initiating a collection action, including the engagement against a professional liability counterclaim, reasonability of professional fees being sought, and the consideration of the costs of the collection action and any resulting counterclaim.
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The article discusses the counterclaim against an accounting firm for negligence or a regulatory complaint to be asserted resulting from a fee suit or utilize the service of a collection agency. It offers questions to be considered before initiating a collection action, including the engagement against a professional liability counterclaim, reasonability of professional fees being sought, and the consideration of the costs of the collection action and any resulting counterclaim.

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