Our Eau Claire Law Firm Would Like You to Know...
Attorneys, like other professionals who advise on personal financial matters, are now required by a new federal law to inform their clients of their policies regarding privacy of client information. Attorneys have been and continue to be bound by professional standards of confidentiality that are more stringent than those required by this new law. Your privacy is important to us, and maintaining your trust and confidence is a high priority.
In the course of providing our clients with legal advice, we receive significant personal financial information from our clients. As a client of Richie, Wickstrom & Wachs, LLP, you should know that all information we receive from you is held in confidence and is not released to people outside the firm, except as agreed to by you, or as required under an applicable law or ethics rule.
We do not disclose any non-public personal information about current or former clients obtained in the course of representation of those clients, except as expressly or impliedly authorized by those clients to enable us to effectuate the purpose of our representation or as required or permitted by law or applicable provisions of codes of professional responsibility or ethical rules governing our conduct as lawyers.
We retain records relating to professional services that we provide so that we are better able to assist you with your professional needs and in, some case, to comply with professional guidelines. In order to guard your non-public information, we maintain physical, electronic, and procedural safeguards that comply with our professional standards.
The Wisconsin Supreme Court has ordered law firms that operate as a limited liability entity, which ours does, to advise clients and prospective clients that the law governing this type of limited liability entity shields its owners from vicarious liability. This means that in the event of an error, the law firm and its insurer may be liable, as may the attorneys who worked on or directly supervised the matter, but not other attorneys who did not work on or directly supervise the matter. The Supreme Court also requires law firms operating as limited liability entities to register annually with the State Bar of Wisconsin and to carry certain minimum liability insurance coverage. Our liability insurance is well in excess of the minimum required for firms of our size.