Here is a US District Court decision in the Offshore Express Inc. v. Milbank Tweed Hadley & McCloy LLP, 03 Civ. 4260 case, decided: March 13, 2007 , District Judge Paul A. Crotty in the U.S. DISTRICT COURT,SOUTHERN DISTRICT OF NEW YORK .
At issue, in the statute of limitations case was whether "Milbank’s representation in the reorganization and arbitration was one continuous representation in regard to a specific legal matter, or two representations covering separate and distinct matters. If the former, this action is timely; if the latter, the motion for partial summary judgment must be granted."
The short answer: "Conclusion: Defendant’s motion is GRANTED. Plaintiff’s claim for malpractice arising out of the reorganization representation is dismissed. The Clerk of the Court is directed to close out this motion. "
Read the case for an excellent discussion of continuous representation.