Business of Law
In this age of virtual communication and digital media, don’t overlook the value of old-fashioned law firm letterhead. Letterhead that is unique, professional and consistent with your… Read More
Practice of Law
Making sustainability a priority at your law firm is a smart business strategy. It’s nice for Mother Earth globally. It’s a way for your firm to make a positive contribution loc… Read More
Business of Law
Don’t look now, but it’s no longer the information economy, or the digital economy, or the gig economy, or the crypto economy. Welcome to the attention economy. “It&rsquo… Read More
Business of Law
If you’re a new lawyer thinking of opening a solo practice, now could be the perfect time. Over the past two years, the legal industry has been turned on its head, wit… Read More
Practice of Law
When a lawyer leaves a firm, what happens to their email account? Should the firm put an outgoing auto-reply message on the departing lawyer’s email account announcing the depar… Read More
Practice of Law
COVID is causing an unprecedented number of law associates to jump from one firm to another – and partners are also changing firms, though not as rapidly. Just look at the num… Read More
Business of Law
You might think Search Engine Optimization is only for firms with big marketing budgets, but you can do it effectively on a shoestring. And the benefits are manifold. For instance, S… Read More
Business of Law
Law firms experienced a 23 percent associate turnover rate in 2021, which was significantly higher than pre-pandemic rates. This was so even though associate compensation increased 11… Read More
Business of Law
There’s never been a better time to consider hiring a paralegal or legal assistant for your law practice. The benefits – from costs savings to improved client service – ar… Read More
Business of Law
One consequence of the pandemic that has drawn little attention is the negative impact it has had on law firm mergers. In 2021, there were 41 reported mergers, with only five occurr… Read More
For lawyers handling real estate closings, it’s important to know that seller fraud continues to rise, especially with the upcoming holiday season when distractions are high, and fraudsters are active.
Lawyers Mutual has published previous alerts regarding the new filing requirements under the Corporate Transparency Act (“CTA”) that went into effect January 1, 2024. After reviewing additional resources, we want to emphasize concerns that we have about the risks and increased potential liability for lawyers undertaking the reporting requirements. This is especially true for the continuing reporting requirements after entity formation and initial reporting.