Why an Effective Calendaring System Is Important
Personal injury/property damage – plaintiff is the area of law with the most frequent legal malpractice lawsuits. Approximately 30% of the cases received in the past decade are personal injury/property damage-plaintiff cases. These cases include but are not limited to, product liability, medical malpractice and accident collisions. The most common types of errors usually result […]
Read More
Collection & Bankruptcy Errors: What You Need To Know
As consumer debt increases, so does the demand for collection and bankruptcy legal services. According to the Bureau of Consumer Financial Protection (CFPB) 2020 annual report, “the volume of new debt placed in the litigation channel has increased significantly.” This indicates a growing market for collection and bankruptcy lawyers. It may be tempting for an […]
Read More
How To Exercise Proper Due Diligence Before Closing the Doors to Your Law Practice
Walking away from a law practice is not as easy as turning off the lights and locking the door. It takes a bit of planning. The more organized your office is, the simpler those steps will be. If you already have a procedure to produce a list of client names and contact information for all […]
Read More
Managing Your Risk: Common Estate, Trust & Probate Errors
Estate, trust and probate law is an area of practice concerned with the management and transfer of wealth. This is usually handled by using a variety of legal instruments such as but not limited to wills and trusts. Claims originating from this area have been rising and are expected to continue to rise as baby […]
Read More
Real Estate Transaction Errors: What You Need to Know
Even the best attorneys make mistakes, but not all mistakes made by attorneys qualify as legal malpractice. According to the American Bar Association (ABA), 4 out of 5 lawyers will get sued for malpractice in their legal career. The likelihood of being sued is greater for real estate attorneys, as it is one of the […]
Read More
Phone Scam Warning Signs and How to Protect Yourself
A phone scam, also called telemarketing fraud, refers to any type of scheme in which a criminal communicates with the potential victim via phone, including both phone calls and text messages (via Cornell Law School). This method is often effective, as reputable companies do legitimately use telemarketing to conduct business — meaning it can be […]
Read More
Common Family Law Errors and How to Mitigate Your Risks
Family law is the area of law that deals with matters of the family. This includes, but is not limited to, prenuptial agreements, separation, divorce, child custody, child support, adoption and surrogacy. Family law is one of the areas of law with a relatively high number of legal malpractice suits. However, these lawsuits are typically […]
Read More
Transaction Law: Risky Business for Legal Malpractice Suits
Contrary to popular perception, business transaction and commercial law is a high-risk area of practice for attorneys. It is the only area of practice that is high in both frequency and severity. For attorneys practicing in this area, this should be a concern, as they can be hit by multiple high cost legal malpractice lawsuits. […]
Read More
Practical Tips to Improve Efficiency at Your Law Office
Solo lawyers run their own show and wear many hats, while also facing several challenges. But of all the challenges, time management just might be the most difficult to handle. To give your practice the best chance of success, you must be efficient, meaning you achieve maximum productivity with minimum wasted effort or expense. Here […]
Read More
Things to Consider When Closing Your Law Practice
There are many reasons that lawyers may choose to close their practices: a career change, disability, moving out of state, or retirement are the more common ones that we hear. You may be asking yourself, “How do I go about doing this?” Shuttering your practice can be daunting and seem overwhelming; therefore, it needs to […]
Read More