As a leader in the lawyers professional liability insurance marketplace, we stress the importance of engagement letters in our articles, guides and risk control courses. The benefits of engagement letter usage flow to both the law firm and client. From the client’s perspective, memorializing the terms and conditions of the attorney-client relationship helps establish good communications. It can also serve both as a reference guide and to avoid any misunderstandings between the law firm and client. For lawyers and law firms, documentation of the terms and conditions of the relationship constitutes a critical risk control practice that may help to deter or minimize any claim exposure. Sound law firm risk management practice encompasses consistent usage of well-written robust engagement letters in order to enhance the attorney-client relationship and help to mitigate potential exposure. To learn more, click here to view the full article
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