Risk Management

Email scams are a constant problem, and attorneys are not immune from the risk of being conned. Some of the biggest law firms in the country have been suckered into writing trust account checks or wiring money to bank accounts based on funds they thought had cleared their trust accounts, only to later learn that the check deposited with the law...

Does carrying a large legal malpractice insurance policy actually increase the risk of getting sued? Take a look at some thoughts and numbers on the subject in this blog post called Does Legal Malpractice Insurance Increase Your Risk of Getting Sued?

When law firms implement measures to protect client data, they usually focus on threats from the outside. They install security systems in the building, lock files in secure fireproof file cabinets, encrypt and password-protect data on their servers, and take other steps to protect client files. But what about threats from within? The greatest threat to client data sometimes comes from the firm…

Mismanaging a trust account can have terrible consequences on a lawyer's career, even sometimes to the point of disbarment. Yet law schools do an abysmal job of training law students on how to handle an IOLTA trust account. While there are many ways that trust accounts are mismanaged, there are three common mistakes lawyers make in managing...

One of the best ways to maintain good relationships with clients is to avoid the bad clients in the first place. There are certain types of people that smart lawyers have learned to avoid representing whenever possible. This doesn't necessarily mean turning down cases where the lawyer disapproves of what the client did. The practice of law often involves representing people who have done really…

The following is a short collection of some of the "Nigerian Scam" emails being sent to lawyers around the country. While this may appear to be an obvious scam to some readers, many attorneys have been successfully conned into depositing forged checks into their trust accounts and then wiring the funds to overseas clients before learning that the check was a forgery.