Risk Management
The Corporate Transparency Act, passed by Congress in 2021, is mandatory reading for lawyers who practice in the areas of real estate, corporate law and business transactions. Lawyers Mutual … Read More
Practice of Law
Burnout can happen to any lawyer, but there are some simple ways to keep it from happening to you. The first step is to acknowledge that burnout is real, and it’s nothing to be … Read More
Practice of Law
When you interview a new client, do you ask if they’ve ever worked with an attorney before – and if so, how did it go? It’s important to know this, because their pri… Read More
Practice of Law
If you’re a new lawyer thinking of opening a solo practice, now could be the perfect time. Over the past two years, the legal industry has been turned on its head, wit… Read More
Practice of Law
When a lawyer leaves a firm, what happens to their email account? Should the firm put an outgoing auto-reply message on the departing lawyer’s email account announcing the depar… Read More
Education & Careers
After two years of disruption and complications, bar examiners across the country are abandoning remote testing and returning to in-person exams. But in addition to the normal application d… 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.