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Limiting Law Firms' Professional Liability Risks: Part 3

Law360 (June 29, 2018, 3:23 PM EDT) -- While it is understandable why law firms may be reluctant to take steps to limit their liability in the engagement letter, there are many reasons why they should. A carefully crafted engagement letter can serve as an important tool in this process, particularly by taking steps to carefully define the client, clarify the scope of engagement and address the handling of conflicts of interest, as noted in part one and part two of this article series.

Additional Disclosures to Consider

Depending on the situation, however, there...
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