Once it was the exception for a partner to leave a firm. Now the revolving door of partner departures has been deemed a modern-day law firm fixture. What steps can a departing partner or an acquiring firm take to minimize risks and reduce potential liabilities? This essential guide answers those questions.
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.
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