Professional Services

The professional malpractice lawyers at Friday, Eldredge & Clark cover all of Arkansas in defending lawyers, accountants, physicians, architects, and other professional service providers. We have tried hundreds of malpractice cases in nearly every county in the state and are well known by the trial judges. We are familiar with state and federal regulations governing standards of care for professionals and represent professionals before their various licensing boards. With this broad background, when malpractice allegations arise, we counsel our clients on the best approach to a defense (including settlement, arbitration, or mediation when that is the best option) at every stage of litigation, from investigations to appeals.

Beyond the realm of litigation, we provide a broad spectrum of business, tax, and personal services to our professional services industry clients. We can advise them regarding entity formation, tax, regulatory, finance, and real estate transactions. We provide advice on the structure and choice of entity for their professional services practice, and assist in the design and preparation of agreements among members of professional group practices and succession planning. We also provide both design and implementation advice on employee benefit plans and executive compensation as well as general employment advice; and we guide them through estate, tax, and wealth planning matters. For physicians and health care providers, we provide compliance counsel on the multitude of regulatory issues in their industry.

Client focus

  • Accountants
  • Architects and Designers
  • Lawyers
  • Physicians and Other Health Care Providers
  • Securities Broker-Dealers

Services to Professional Service Clients


We have defended and resolved claims against accountants and accounting firms arising out of audits and the preparation of tax returns and financial statements. That includes representing accountants in investigations by Arkansas State Board of Accountancy.


Claims by current or former clients, or internal problems that raise questions of personal or professional liability, can arise for any firm no matter the firm’s size. Firms rely on our experienced guidance to defend professional reputations. We effectively represent lawyers and law firms facing litigation as defendants, and have served as counsel to many of our peers if they are called before the Office of the Arkansas Supreme Court Committee on Professional Conduct to face misconduct allegations that could lead to suspension or disbarment.

Physicians and Other Health Care Providers

Because of the volume of cases we have tried, we are deeply experienced in the presentation of complex scientific evidence relating to medical issues, surgical procedures, and DNA results. We have defended clients in catastrophic injury cases, and because of our track record, we are often called upon to serve as regional counsel in major litigation cases.

Securities Broker-dealers

We handle litigation and arbitration of customer disputes alleging inappropriate investment and trading strategies by securities broker-dealers, and are well versed in dispute resolution before panels of the Financial Industry Regulatory Authority (FINRA) and its predecessor body, the National Association of Securities Dealers (NASD).