I was an abnormally curious child. I don’t mean the kind of curiosity that suggests intelligence. I mean the type that leads to mischief and trouble. You know, like how hard can I bite down on this glass thermometer before it shatters in my mouth. It turns out that it’s not that hard. And, no, mercury is not absorbed into the bloodstream when you swallow it. This was just one of many misadventures that resulted from my “need to know” things. Read More +
As you very well know, running a small law firm is about more than just practicing law—it’s about managing a business. In a busy legal practice, it’s easy to push those important business management tasks aside while focusing on the urgent tasks for client work and deadlines. However, successful law firm operators engage with managing their practices not just once a year or when problems arise. Rather, they see it as an ongoing process that requires regular attention to operations, finances, marketing, and team development. Thinking of practice management this way can help transform your business practices from reactive to proactive, helping you stay ahead of challenges and capitalize on opportunities. 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 partner compensation systems. At its core, partner compensation is more than just a financial reward; it’s a reflecti… 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 genuine humanitarian concern for the welfare of this client and had given the client some money to help with gas, food, and… Read More +
A quick glimpse at the steps to take for e-discovery in your litigation case. Read More +
A quick tip sheet highlighting password best practices to help secure your data. Read More +
While it can seem overwhelming when you do it right starting your own firm can give you flexibility, financial independence, and a thriving career. Following the path of an attorney who achieved her goal of setting up her own successful practice, this book walks you through every step of starting a law firm -- the right way, and without breaking the bank. Includes sample forms, checklists, and a business plan. Read More +
This book is an objective guide for the third-year law student and the new associate to be successful. By knowing in advance the challenges that you will face heading into your first year of practice, you can ease the transition from law school to the practice of law and be on a path to success. 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. Read More +
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. Read More +
From the Wild West to the Courtroom: Guarding Truth in the Age of Misinformation, by Will Graebe; Mastering Outlook Tools to Organize Your Inbox, by Erik Mazzone; Paralegal Pointers - Harnessing Artificial Intelligence: A Beginners Guide for Paralegals, by Camille Stell; Lawyers Mutual Updates; and more… Read More +
Mountains of Grief, by Will Graebe; Consistency and 9 Other Things that Help Firms Retain Clients for the Long Haul, by Erik Mazzone; Paralegal Pointers - Paralegal Credentials Explained: Certificate Programs vs. State Certification, by Camille Stell; Lawyers Mutual News; and more! … Read More +
Claims counsel Troy Crawford describes steps you can take to avoid wire fraud and what you can do if you become a victim. Read More +
NC State Bar Trust Account Compliance Counsel Peter Bolac discusses frauds and scams that target attorney trust accounts. 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.