When to Use Mediation and Arbitration

Alternative dispute resolution (ADR) can be an effective way to reduce the time, expense and stress of resolving professional liability disputes when used thoughtfully and in suitable circumstances. Mediation and arbitration are forms of ADR that can significantly reduce the cost and the emotional roller-coaster ride of disputes when used appropriately.

How to respond to subpoenas

CPA firms are often uncertain about whether or how to respond to a subpoena, as they also need to comply with a number of rules and regulations that are intended to protect client confidentiality. The following Q&A focuses on understanding the nature of subpoenas and how CPA firms can minimize their professional liability exposures when responding to them.

What is a subpoena?

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Latest Articles

  • 10 Aug

    5 Warning Signs of a Claim

    Even when covered by insurance, claims can have a significant impact on your practice in terms of time, money, professional reputation, and peace of mind. By knowing the warning signs of a claim, and calling your risk advisor early on, you can help minimize the impact of lo... read more

  • 24 Jun

    Indemnification: Understanding Your Risks

    By Suzanne M. Holl, CPA

    CPA firms are experiencing an uptick in clients trying to embed indemnification and hold harmless clauses in various agreements. Many of the clauses are inappropriate for CPA services or overly broad – even to the point of shifting all ... read more