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In light of recent court cases, there is a duty to report when all of the following are true EXCEPT
Disbursements
Out-of-pocket costs incurred by the lawyer on the client’s behalf.
Financial Loss
The decrease in monetary value or resources, often due to business operations, market conditions, or legal actions.
Lawyer's Misconduct
Unethical behavior or actions by a lawyer that violate professional codes of conduct or laws.
Disbarment
The action of revoking a lawyer's license to practice law due to misconduct or unethical behavior.
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