Law Practice Management
Many of us fall prey to the "arrival fallacy," believing that achieving a specific goal or milestone will bring lasting joy. This misconception can have profound implications, especially for i… Read More
Law Practice Management
It is estimated that lawyers spend a little more than $1 billion a year on television advertising. That number seems low. According to data from Tunnl, a single law firm, Morgan & Morgan… Read More
Practice of Law
It’s a good time for a reminder about managing headline stress. I was catching up on some news stories over the past weekend and found myself feeling completely overwhelmed. We all know … Read More
Risk Management
You have just completed your representation of a client in a heated litigation dispute. You were able to get an outstanding result for the client after a long battle. Because the matter was co… Read More
Practice of Law
The origin of the word “vacation” comes from the Latin word vacare, which means “to be empty or free.” Some vacations that I have taken are consistent with this root wo… Read More
Risk Management
Accidental clients have always been a problem for lawyers. These are the people who ask you a question about a claim they might have or a transaction they are navigating. Often, they are just … 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.