Perspective
Dec. 15, 2011
The long goodbye: The effect of tolling on legal malpractice practice claims
When does time run out on legal malpractice claims? By Gerald M. Serlin and Kelly R. Horwitz of Benedon & Serlin
A client asks you to draw up an agreement to buy a competing business. You agree. The transaction is unremarkable. You draft the purchase agreement, the parties sign it, and you move on to other matters.
A decade later, your client calls you in a panic. The purchase agreement required him to pay the seller in installments. When the last installment came due, the seller demanded more money, pointing to a formula i...
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