Chester County lawyer Samuel C. Stretton. Courtesy photo Disputed funds remain with the lawyer's escrow account until the dispute is resolved.
I have settled a major civil suit with a number of parties and as part of the agreements, I have included a provision in there that the clients have a choice of taking the monies and paying liens and doctors' bills, or I will hold the monies in an interest-bearing escrow account, and pay the liens and doctors' bills once they are fully ascertained. Is there anything wrong with that?Ethics Forum: Questions and Answers on Professional Responibility
I have settled a major civil suit with a number of parties and as part of the agreements, I have included a provision in there that the clients have a choice of taking the monies and paying liens and doctors' bills, or I will hold the monies in an interest-bearing escrow account, and pay the liens and doctors' bills once they are fully ascertained. Is there anything wrong with that?
December 29, 2022 at 01:53 PM
7 minute read
Ethics
Chester County lawyer Samuel C. Stretton. Courtesy photo
Disputed funds remain with the lawyer's escrow account until the dispute is resolved.
I have settled a major civil suit with a number of parties and as part of the agreements, I have included a provision in there that the clients have a choice of taking the monies and paying liens and doctors' bills, or I will hold the monies in an interest-bearing escrow account, and pay the liens and doctors' bills once they are fully ascertained. Is there anything wrong with that?
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