Business of Law
When it comes to determining partner compensation, the debate over whether to use a strict formula or take a more subjective approach has been long-standing. On the surface, a formula-driven c… Read More
Lawyers Mutual congratulates Tricia Shields for receiving the prestigious John B. McMillan Distinguished Service Award from the North Carolina State Bar. Tricia is a highly respected tri… Read More
Education & Careers
Lawyers Mutual congratulates Clifton T. Barrett, Harry B. Crow, Jr., and Robert Wolf for receiving the John M. McMillan Distinguished Service Award. The award honors current and retired member… Read More
Lawyers often confront legal issues for which they are unable to find a clear answer in statutory or common law. When this happens, we often turn to our colleagues for guidance. We might reach… Read More
Law Practice Management
Mindfulness practices have been touted as a therapeutic tool to address stress, anxiety, depression, PTSD, chronic pain, and a whole host of other mental health issues. Numerous studies suppor… Read More
The American Bar Association reports that 4 out of 5 lawyers will receive a malpractice claim at some point during their career. Some practice areas such as residential real estate and persona… Read More
Whether you are storing your clients’ files in digital format or paper, you have a duty to safeguard the file contents. This means storing the files in a safe location where they will no… Read More
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.
The North Carolina Administrative Office of the Courts (NCAOC) recently announced additional go-live plans for counties transitioning from paper files to Enterprise Justice (Odyssey), which currently serves Harnett, Johnston, Lee, Mecklenburg and Wake counties. Twelve northeastern counties comprising Track 3, as previously announced, will go live on February 5, and 10 counties comprising Track 4 (Alamance, Chatham, Durham, Franklin, Granville, Guilford, Orange, Person, Vance and Warren) will go live on April 29.