O-1994-1961 - Laserfiche WebLink

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January 1, 1994 Page 4 e e Effort and Outcome The Firm agrees to use all reasonable care in representing the City in the Representation Matters. However, the City acknowledges that the Finn has given no assurances regarding the outcome of the Representation Matters. The Firm agrees to assert a diligent effort to assure that the City is reasonably informed as to the status of the Representation Matters and as to the courses of action which are being followed or recommended by the Firm. All of the Firm's work product will be owned by the Firm. The Firm agrees to provide the City with periodic written status reports regarding the Representation Matters undertaken from time to time. The frequency and content of such reports shall be determined jointly by the City and the Firm, but it is cont~mplated that such . reporting shall include the following: (a) A preliminary report within thirty days of retention setting forth: (i) Plaintiffs claims and the elements of those claims; (ii) The types of damages recoverable for each claim; (ill) Any potential sources of indemnification or contribution; (iv) A recommended trial strategy and identifying the discovery that appears appropriate; and (v) An estimate of defense expenses. (b) A liability exposure report within one hundred twenty days of retention, setting forth: (i) A summary of the material facts; (ii) A discussion of the legal issues presented; (ill) An analysis of plaintiffs claim, applying the facts to the applicable law; (iv) Our assessment of the potential damage exposure in the case, including actual damages, court costs, and attorneys fees;