Man’s Best Friend
Growing up, my stories are filled with vibrant characters, but few left as lasting an impression as Barney, our family dog. Barney was legendary. During the day, he roamed the streets, creatin… Read More
Growing up, my stories are filled with vibrant characters, but few left as lasting an impression as Barney, our family dog. Barney was legendary. During the day, he roamed the streets, creatin… Read More
I recently spoke to a lawyer who was representing a client in a litigation matter. The client had fallen on hard times and was having trouble paying basic living expenses. The lawyer had a gen… Read More
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
I read recently that Brene Brown, when asked to commit to a future activity, turns her ring in a circle three times to pause and ground herself before answering. This caught my attention. How … Read More
Rule 1.1 of the North Carolina Rules of Professional Conduct requires a lawyer to have the “legal knowledge, skill, thoroughness, and preparation” necessary to represent a client i… 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.