Under a new federal law called the Gramm-Leach-Bliley Act, law firms and other professionals who provide services related to your personal financial information are required to inform clients of their policies and practices regarding the privacy and security of your information. Since you have chosen to access our Site, we are providing the following information to you:
In the course of providing clients with advice on financial and related matters, Lone Star Placement may receive significant personal financial information from its clients. In addition, Lone Star Placement may assemble and maintain information relating to the legal services provided. The information that Lone Star Placement may assemble and maintain may be obtained from the client, generated as a result of the services provided, or received from third parties. If you are or become a client of Lone Star Placement, you should know that all information that Lone Star Placement receives from a client is held in confidence, and is not released to people outside the firm, except as agreed to by the client, needed in the representation of the client or as allowed or required under applicable law and the rules of professional conduct governing the provision of legal services.
If you become a client, Lone Star Placement will retain records relating to professional services that Lone Star Placement provides so that our attorneys will be better able to assist clients with their needs, and in some cases, to comply with professional guidelines. In order to guard client’s nonpublic personal information, or the nonpublic information of business entities, Lone Star Placement maintains reasonable measures to safeguard such information.
Generally, Lone Star Placement retains information in its files until completion of the matter to which that information relates. Thereafter, those files may be purged and placed in storage or returned to the client. Lone Star Placement retain copies of files returned to clients. Files retained by Lone Star Placement after completion of a matter are not retained or marked for destruction in accordance with a fixed schedule. Instead, inactive files are maintained until Lone Star Placement determines that those files are no longer useful in rendering services to the client, or are not otherwise required in connection with our role as counsel or former counsel.