One of the first steps in preventing a legal malpractice claim is with an engagement letter. Engagement letters are worth the time it may take to develop them because these documents can be the difference between incurring claim-related expenses and avoiding claims altogether.| blog.protexurelawyers.com
Engagement letters are worth the time they take to develop because they can be useful as a risk management tool. The engagement letter is the best place to establish specifically who is your client and who isn't. They can be used to clarify to whom you owe professional responsibility.| blog.protexurelawyers.com
Defining the scope of work in an engagement letter is a difficult task, the key is to specify those things that you can anticipate could be misunderstood.| blog.protexurelawyers.com
Every lawyer can save on legal malpractice insurance by implementing a central docket system, conflict of interest procedures, engagement letters, and disengagement letters. Each of these strategies make your firm less of a “risk” to insure, therefore, saving you money on your policy.| blog.protexurelawyers.com
