How I Got Hooked by a Fishy Client
The fish story of a client who got caught cheating and tried to get off the hook. Read More +
Why Professional Liability Premiums Change: Factors that Affect Pricing (Part Deux)
A discussion of how areas of practice, policy limits, and deductibles affect premiums. Read More +
The Good, the Bad, and Windows 10
A look at the ups and downs of upgrading to Windows 10. Read More +
Coverage Options When Leaving Private Practice
Information to help maintain malpractice coverage so you're not exposed to a claim when leaving private practice. Read More +
Successful Succession Planning
Q&A with Camille Stell regarding best practices for a successful law firm succession plan and retirement. Read More +
3 Steps to Success Using Financial Goals
Information regarding reviewing your firm's financial performance and establishing budget goals to be more profitable. Read More +
Make Sure Your Escape Routes Are Clear Before You Need To Use Them
Tips for testing a business continuity/disaster recovery plan to make sure it functions as anticipated. Read More +
Uninsured and Underinsured Motorist Insurance Claims – Common Errors
Tips to avoid common traps in UM/UIM claims. Read More +
Developing a Power User for Your Office: Improving Efficiency and Security
Suggestions for finding a staff member to lead the team in technology matters so that everything runs more efficiently. Read More +
Trust Account Maintenance
Trust Account Maintenance is an ongoing job. Below are 5 steps to assist with that process. Step 1: Review all outstanding checks. This must be done before you can truly evaluate the client ledger balances. A ledger with a $0.00 balance listing checks that have not cleared the bank is a prob… Read More +
Practicing Law in a Post-Marriage Equality North Carolina: Issues Spotting for the Non-Family Law Practitioner
North Carolina’s constitutional ban on same sex marriage, Amendment One, was struck down on October 10, 2014 by Judge Cogburn in Gen. Synod of the United Church of Christ v. Resinger. 12 F. Supp. 3d 790, 791 (W.D.N.C. 2014). Not a full year later, after working its way to the Supreme Court, Obergefell v. … Read More +
Time to Plan! Retirement and Estate Planning for the Small Firm Partner or Solo Practitioner
The fundamental principal of estate planning is to anticipate and prepare for the major life events, particularly, what will happen to one’s property upon disability or death. The same line of thought can and should be applied to your law practice. Preparing and implementing a plan for your pr… Read More +
Tips About The Trust Account: Proper Endorsement
We have all read articles about disciplinary action being taken against an attorney where the cause was listed as “clerical errors”. We envision an unorganized desk, and a bookkeeper shopping online, or chatting on Facebook. I know from experience that is not typically the case.&#… Read More +
Dealing with Documents
Some of the most common practice management questions we receive at Lawyers Mutual relate to file retention and destruction. New lawyers want to set up an organized, efficient document management system to meet the needs of their practice. Retiring lawyers want to know what to do with all the paper … Read More +
‘I’m Thinking of a Number Between 1 and…’ What’s Your Law Practice’s Valuation Number?
Every Law Practice Has A Quantifiable And Marketable Value Of Its Own My law practice has value? Seriously? Seriously. Like any other business, each law practice has a separate and marketable value of its own. You have built and managed a proven business model. The tasks that were difficult years ago when you … Read More +
