Final answer:
The attorney should quickly draft and file the necessary legal documents to initiate the case before the statute of limitations expires to preserve the client's legal rights.
Step-by-step explanation:
If you realize during the client interview that the statute of limitations for the dispute expires that day and the case is one that you would generally accept, the correct course of action would be to quickly draft and file the necessary legal documents to initiate the case before the statute of limitations expires. Prompt action is required to ensure that the client's right to file a claim is preserved.
Informing the client about the statute of limitations expiration and declining representation (option A), scheduling a follow-up meeting (option C), or delaying any action until after the statute has expired (option D) could result in the loss of the client's ability to pursue their legal rights and could also create potential liability for legal malpractice on the part of the attorney for failing to act within the prescribed time limit.