professional standards
Definition
Professional standards are the rules, ethics, and levels of quality that people in a licensed or skilled profession are expected to follow and meet. These standards are usually set by an industry group, government body, or licensing board, and they define what counts as acceptable work in that field. Falling below these standards can expose a professional to lawsuits, fines, or loss of their license.
Example
If you hire an accountant who makes careless errors that a competent accountant would never make, your lawyer might argue that the accountant failed to meet professional standards. This gives you a stronger legal claim for any financial losses you suffered as a result.
Watch Out
When you sign a contract with a professional service provider, check whether the agreement specifies which professional standards apply, because this detail can significantly affect your legal rights if their work falls short.
See which terms appear in your contract?
This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.