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In this video, the speaker discusses tolling agreements, a topic that has recently come up in discussions with clients. A tolling agreement is a legal document proposed by a plaintiff’s attorney in response to a demand letter, which effectively pauses the statute of limitations on a claim. The attorney provides details of the alleged wrongdoing and requests records, urging the recipient to sign and return the tolling agreement to avoid an immediate lawsuit. The necessity and strategic use of tolling agreements can vary, influencing whether a client should agree to them. Overall, the subject is subjective and depends on individual circumstances and legal strategies.
