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4 Ways Transactional Attys Can Avoid Malpractice Claims

Law360, New York (June 11, 2014, 6:59 PM EDT) -- High-profile showdowns over professional liability, such as Andrews Kurth LLP's in Texas court this week, can cost a law firm far more than legal fees when its reputation is at stake. But experts say a few easy steps early in every deal process can help stave off potentially devastating claims down the line.

Major law firms are becoming increasingly exposed to massive professional liability claims, with Texas-based Andrews Kurth being just the latest firm to face hefty malpractice claims for its role in advising a real estate company in a deal for the failed Stanford Financial Group that allegedly led to...

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