Munger, Tolles & Olson partners Bethany Kristovich and Tyler Hilton authored an article titled “How Deal Lawyers Can Avoid Litigation When a Transaction Goes Bad,” published by The Recorder.
Ms. Kristovich and Mr. Hilton share insight on how the amount of damages former clients seek in legal malpractice claims has exploded in recent years and best practices on how transactional lawyers can mitigate risk.
Such best practices discussed in the article include diligently running conflicts throughout all the stages of the deal, defining the scope of the representation, seeking input from financial professionals to minimize issues after closing and involving firm counsel and outside counsel as soon as issues arise.
To read the article, click here. (subscription may be required)
Ms. Kristovich focuses her practice on complex civil litigation and professional liability disputes. Mr. Hilton is a transactional attorney, who regularly represents buyers and sellers in both private and public M&A transactions.
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Having handled more than 200 cases for law firms and lawyers, MTO is the premier outside advisor to legal practitioners who find themselves facing allegations of malpractice. In addition to defending against accusations of legal malpractice, MTO also handles “parasitic” suits alleging malicious prosecution, contempt, securities fraud, conflict of interest and RICO violations. The firm also helps law firms pursue fee claims against former clients while warding off the malpractice counterclaims that often result.
To learn more about MTO’s professional liability practice, click here.