What is "libel" as it relates to professional liability?

Libel, in the context of professional liability, specifically refers to a written defamatory statement that can cause harm to a person's reputation. This form of defamation occurs in written or published statements, distinguishing it from slander, which pertains to spoken remarks. In professional settings, libel can arise from various sources, including articles, reports, reviews, or any written communication that adversely affects an individual's or a company's standing.

Being written, libelous statements are often considered more damaging than spoken words because they can reach a wider audience and be referenced later, which solidifies their potentially harmful impact. For professionals and businesses, libel poses significant legal risks as those targeted can pursue lawsuits for damages stemming from reputational harm. Understanding this definition is crucial for anyone involved in fields where communication plays a vital role, as it highlights the importance of careful and accurate representation in all written forms.