An Illinois federal jury recently awarded a $10.2 million verdict against a Chicago real estate attorney in a malpractice lawsuit brought by a former client. A 13-story beachfront condo recently collapsed in Florida, killing 98 people. These events have collectively raised questions about what obligations a lawyer has to their client when representing them in real estate transactions. In this timely CLE, we'll explore what should reasonably be expected from an attorney and how a proper engagement letter can clearly define the rights and responsibilities of both a lawyer and client from the onset of the deal.
Even experienced real property lawyers make some of the most common commercial leasing drafting errors. Using examples from recent high-profile transactions, this course offers practical and eminently useful recommendations to help avoid these drafting errors, improve the quality of any drafting project, and build a stronger professional reputation.
Not included in IICLE® Online All-Access subscription.