Drafts - to save or not to save, that is the question
When a deal finally closes, do you preserve all of your mark-ups and drafts for the file, or do you ceremoniously destroy everything but the final version? I know lawyers that fall into each of those camps. Ken Adam's makes the case for saving everything with some good examples, and includes a sample client-file retention policy.



Reader Comments (1)
Obviously you can dredge up old drafts to show the intent of the parties. Equally as important, from a self-preservation standpoint, it's nice to be able to point to a draft you sent and say "I recommend these changes . . . . . you ultimately disregarded my recommendation."