Tax laws can often appear daunting, and even experienced professionals may make mistakes when it comes to meeting compliance deadlines and making tax elections. This month's article highlights specific regulations and examples related to tax election omissions and mistakes and tips for navigating these errors as an attorney.
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Whenever potential damages substantially exceed the insured’s limit of liability, defense counsel needs to be cautious about how settlement negotiations are handled. Click here to read cases in which an attorney’s every action in response to a settlement demand may constitute a rejection if it does not strictly comply with the terms of the demand.
