Can a law firm deposit a clients settlement check into a client fund without a power of attorney?
Wednesday, June 2nd, 2010 at
9:53 pm
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I represented a client and reached a settlement. The client apporved of the settlement. It took about a month to recieve the check which was made out to the client. I requested a power of attorney to deposit the check and then send a check to the client minus my fee. However, in that month, the clients business changed ownership. And by the time I recieved the check, they no longer wanted the money. Do I still have a right to deposit and take my fees and continue to hold the client’s portion until they claim it?
I know we can keep the funds in escrow, but the actual deposit of the check. Its made out to the client, I don’t have a power of attorney, and they don’t want to give us one.
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