Risk Management
Most of us see the value in visiting our doctor and dentist at least once a year for a basic checkup. We want to be proactive about our physical and dental health. Similarly, companies often a… Read More
Business of Law
The United States District Court for the Eastern District of Texas has issued a nationwide injunction halting the enforcement of the Corporate Transparency Act (CTA). The Order stays all CTA f… Read More
In the fast-paced world of legal practice, interruptions are a constant companion. Whether it's a ringing phone, a pop-up email, or a colleague dropping by your office, these disruptions can… Read More
Education & Careers
Lawyers Mutual congratulates Bert Kemp for receiving the prestigious John B. McMillan Distinguished Service Award from the North Carolina State Bar. Bert is a former Assistant District Attor… Read More
In the world of law firm management, partner compensation is often viewed as just a paycheck or a percentage of firm profits. However, this view misses the true depth and complexity behind par… Read More
Education & Careers
The American Bar Association recently released its 2024 ABA Profile of the Legal Profession. This year’s report focuses on the growing influence and involvement of women in the professio… Read More
Business of Law
Turnover is an expensive problem for law firms. The National Association for Law Placement estimates that the cost to replace a departing associate is 1.5 to 2 times the salary of that lawye… 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.