Tag Archives: Escrow

Legal File Maintenance: What Must Be Kept for 7 Years and in What Format?

By: Chris McDonough Esq.[1] Recently, on two separate occasions, I was contacted by experienced, well-respected attorneys with file and record retention questions. It seems there still is confusion regarding exactly which records must be kept for seven years and in … Continue reading

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Advanced Legal Fees and Related Escrow Issues

I recently gave a lecture where I was discussing retainers, legal fees, and escrow. It became clear that there’s some confusion over advanced legal fees paid to a lawyer. A general retainer is a retainer paid to a lawyer for … Continue reading

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