Education & Careers
Lawyers Mutual congratulates the recipients of the North Carolina Bar Association’s annual Minorities in the Profession Legal Legends of Color Award. Each year, at the NCBA's annual meet… Read More
Risk Management
Some conflicts are obvious. For example, if a current client asks you to assert a claim against another client represented by the lawyer in the same litigation, Rule 1.7(a)(1) and 1.7(b)(3) of… Read More
Business of Law
Have you ever wondered why a lawyer would steal client funds when everyone knows that lawyers always get caught. Sure, there are those cases where a lawyer thinks he can get away with it by &l… Read More
Law Practice Management
I hate going to the doctor. I have never walked away from a visit with my physician thinking, “I really want to do this more often.” When I do go, I am extremely anxious. The first… Read More
Risk Management
Drafting errors are one of the most common causes of legal malpractice claims. Every year, Lawyers Mutual receives multiple claims arising from lawyers’ drafting mistakes. Some of these … Read More
Law Practice Management
Earlier this year, I decided to purchase the truck that I have been pining for over the last two years. I was very particular in what I wanted. Model, bed length, drive train, and color had to… 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.