Tennessee adopts statute of repose for legal malpractice actions

The state of Tennessee has adopted a five-year statute of repose for legal malpractice claims that will go into effect July 1.  A one year statute of limitations still applies and the discovery rule is still applicable to those claims. However, the new statute of repose cuts off the right of the claimant five years after the negligent act or omission occurred, except for cases of fraudulent concealment in which the claim must be brought one year from the moment of discovery of the fraud.  Day on Torts has more information and a link to the new statute here.