If the client does not understand the engagement letter’s provisions, CPAs may limit the effectiveness of one of their most important professional liability defense tools. While the engagement letter ...

An engagement letter is a written document. It is used to define the business relationship to be entered into by a client and a company. Learn more about how it works.

Standard engagement letters often are drawn to define the attorney-client relationship and, at times and where permissible, to define the scope of the relationship with the client.

Last month’s Professional Liability Spotlight column focused on frequently asked risk management questions related to topics other than engagement letters (see “Professional Liability Spotlight: ...

I do not need to read how the number of cases lodged against brokers for professional negligence or malpractice is growing, although I have read such stories. I see this reality as I speak to brokers ...

For years, Georgia lawyers have been strongly encouraged to confirm every legal representation in writing, with either an engagement letter or a fee contract signed by their clients. Plaintiffs ...

Companies often hire investment bankers for capital fund-raising and M&A activities. We discuss certain guidelines that are appropriate when drafting an investment banker engagement letter.

Under the AICPA s Statements on Standards for Accounting and Review Services No. 19, a formal engagement letter is required. CPAs had previously obtained the letter as a best practice, but under the ...

The difference between what Whiteford, Taylor & Preston LLP claimed in unpaid attorneys’ fees and what ultimately was granted last week would translate into 11 hours of work for one lawyer, but ...