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Article: California Supreme Court Takes Up Statute of Limitations for Legal Malpractice Claims Against Former Law Firms.(Beal Bank S.S.B. sued Arter and Hadden L.L.P. )
- Article from:
- Mondaq Business Briefing
- Article date:
- May 10, 2006
CopyrightCOPYRIGHT 2006 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Beal Bank, SSB v. Arter & Hadden, LLP, et al., 135 Cal. App. 4th 643 (2d Dist. 2006)
In a development that is being watched closely by law firms and insurers, on April 19, 2006, the California Supreme Court granted review of a second appellate district decision which held that the limitations period for a legal malpractice claim is tolled as to a law firm while one of the firm's former attorneys continues to represent that firm's former client in the same matter at a new law firm. In today's legal environment, with lawyers commonly moving laterally to different law firms, the decision has been viewed as a negative development for law firms and their insurers.
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