CANCELLED: Engagement Letters – A First Line of Defense (11W992-15)
Description
Learn engagement letter best practices, which can help prevent client
fee and scope disputes, and serve as key evidence in the defense of a
malpractice claim. Best practices will cover professional standard
requirements, key terms and provisions, engagement letter do’s and
don’ts, use of evergreen letters, unilateral letters and more.
Learning Objectives
The basics in engagement letters and professional liability
Malpractice claim scenarios
Common engagement letter mistakes
Engagement letter best practices
Key engagement letter provision
Major Topics
Presentation Outline: 1
Introduction 2
Engagement Letters andProfessional Liability a
Can be effective tool in defense of a claim b
Can limit third party claims depending on state statutes and case law 3
Malpractice Claim Scenarios a
Claim scenario with no engagement letterand difficulties in defending claim b
Claim scenario with engagementletter and success of defense based on written engagement terms andprovisions 4
Common Engagement Letter Mistakes a
Use of evergreenletters b
Combining multiple services c
Indemnification languageconsiderations d
Lack of clear scope definition e
Use of marketing andproposal statements f
Lack of limitation on use of CPA firm workproduct 5
