CLE and other speaking requests are temporarily suspended. Once the public health threat subsides, we plan to revisit this status with our community partners. In the interim, we invite you to review our Risk Management resources on the company website. For additional requests, please contact us at social@lawyersmutualnc.com. We look forward to continuing to serve you!
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.