sec.312Additional disclosure—settlement of litigious matters

### sec.312 Additional disclosure—settlement of litigious matters If a law practice negotiates the settlement of a litigious matter on behalf of a client, before the settlement is executed, the law practice must disclose the following to the client— a reasonable estimate of the amount of legal costs payable by the client if the matter is settled, including any legal costs of another party that the client is to pay; a reasonable estimate of any contributions towards those costs likely to be received from another party. However, a regulation may provide for matters relevant to subsection (1) when there is more than 1 law practice acting on behalf of a client. (sec.312-ssec.1) If a law practice negotiates the settlement of a litigious matter on behalf of a client, before the settlement is executed, the law practice must disclose the following to the client— a reasonable estimate of the amount of legal costs payable by the client if the matter is settled, including any legal costs of another party that the client is to pay; a reasonable estimate of any contributions towards those costs likely to be received from another party. (sec.312-ssec.2) However, a regulation may provide for matters relevant to subsection (1) when there is more than 1 law practice acting on behalf of a client. - (a) a reasonable estimate of the amount of legal costs payable by the client if the matter is settled, including any legal costs of another party that the client is to pay; - (b) a reasonable estimate of any contributions towards those costs likely to be received from another party.