William serves as Senior Vice President for Lawyers Mutual and as President of Lawyers Insurance. Before joining the Lawyers Mutual and Lawyers Insurance family, William was a lawyer with Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP. He graduated from Davidson College and the University of North Carolina School of Law.
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.