Virgin Islands Letter to Proposed Client - Non-Representation Letter

State:
Multi-State
Control #:
US-ATTY-2
Format:
Word; 
Rich Text
Instant download

Description

This letter states that a law firm will not be able to represent an individual in a legal matter. The letter is not intended to imply that the matter is unfounded and the individual is encouraged to seek out other counsel to review the potential case.

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FAQ

The letter may be signed any time from the date of the report and the report is issued. However, because it is an important piece of evidence supporting an audit opinion, the letter of representation should be signed before the report is issued (AICPA's SOC 1 Guide 4.189).

The Board and Management need to sign and return the Engagement Letter to our office before we may commence the work. The Representation Letter is issued with the draft audit and is required by auditing standards to finalize the audit.

Summary. This template is a non-representation letter to advise the attorney's client and other parties to a transaction or litigation that the attorney represents only the attorney's client and does not represent, and will not provide legal services for, other parties.

Every time you want to decline to represent a prospective client, you should use a non-engagement letter. Otherwise, you risk the possibility that the prospective client could mistakenly think you're their attorney on a matter.

A ?rep? letter is the audit teams' formal evidence that management understands their responsibilities and that management has performed all of their responsibilities.

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Virgin Islands Letter to Proposed Client - Non-Representation Letter