Recent Appellate Divisions and Office of Court Administration pronouncements affect the attorney-client relationship. Effective March 4, 2002, a written engagement letter or a retainer agreement (Letter/Retainer), must be provided to the client immediately prior to or within a reasonable time after an attorney commences representation, if the projected fees are $3,000 or more.
For all representations commenced after Jan. 1, 2002 the Letter/Retainer must advise the client that if a fee dispute between $1,000 and $50,000 arises, and he desires, the claim will be resolved by arbitration. The Letter/Retainer also should strongly recommend mediation of the dispute.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]