Risk Management
Ethics pop quiz: is blaming the “generation gap” a valid defense to a Bar complaint that accuses you of inappropriate behavior with court employees? Answer: who knows? But we mig… Read More
Law Practice Management
If you’re like most people, you probably use the same password for more than one online account. That’s a mistake. “Password security has always been relevant, but it … Read More
Business of Law
Selling legal services is not like selling widgets. A bevy of ethical rules and professional restraints limit what lawyers can do and say in marketing their practices. Some rules &ndas… Read More
Risk Management
Your law office and computer system might be cyber safe, but what about your vendors? If they’re vulnerable, you might be too. These days, law firms use a panoply of companies for clou… Read More
Education & Careers
*Republished from the North Carolina State Bar Journal Fall 2023 issue. On June 14, 2023, the North Carolina Supreme Court approved the State Bar’s proposed changes to the rules of the … Read More
Risk Management
Cyber scams are so rampant it’s become risky to even deliver a pizza. In July, the Federal Trade Commission warned consumers of a current scam that targets drivers for food delivery ser… 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.