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
For lawyers, representing friends can seem like a kind thing to do. However, mixing personal relationships with professional responsibilities can result in a variety of complications and ethic… Read More
Risk Management
The impact of Hurricane Helene on Western North Carolina is hard to comprehend. The images are heartbreaking. There is loss of life, homes, businesses, and entire communities. Hundreds of pe… Read More
Education & Careers
According to a recent study published in Nature Aging, aging is not a gradual process but occurs in distinct phases. Researchers from Nanyang Technological University and Stanford University a… Read More
The numbers are in. Missed deadlines in plaintiffs’ personal injury cases is the single largest cause of malpractice claims against lawyers. Interestingly, it is also one of the ea… 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.