L Squared Insurance Agency Blog Page 131
View the latest blog posts from L Squared Insurance Agency.
Thursday, March 23, 2017In what the US Attorney’s Office stated should be a “Wake Up call to all companies”, 2 unnamed high tech firms were duped out of over $100 Million by a Lithuanian man. The Lithuanian man, Evaldas Rimasauskas, is charged in using a phishing e-mail scam to garner the monies from the 2 companies. READ MORE >>
Wednesday, March 22, 2017As the frequency and cost of a Data Breach continues to increase. Firms need to look more closely at the kinds of insurance that they have and what they need to properly cover a Data Breach or Cyber Incident. 1st firms need to look at the typical policies that almost all firms have. READ MORE >>
Tuesday, March 21, 2017The following is a timely article via the Wall Street Journal:How to Protect Against Tax-ID Theft READ MORE >>
Monday, March 20, 2017For both electronic and paper client files, the most important step is to get the client document retention policy in writing. The written retention policy needs specific procedures for every law firm staff member. If these procedures are not in writing then there may be different procedures being followed for every attorney and staff member in the firm. READ MORE >>
Monday, March 20, 2017As if tax time weren’t tough enough, scammers are doubling down efforts to steal more of your hard-earned money. According to the Internal Revenue Service, there’s a spike in online tax scams and an aggressive phone scam is making the rounds again, too. READ MORE >>
Friday, March 17, 2017A recent blog addressed many issues associated with Suing Clients to Collect Unpaid Legal Fees. A few law firms seem to think that it is not as bad if they turn the accounts over to a 3rd party to collect. Attorney Malpractice Insurance Carriers treat these suits the same as the firm had sue the client directly. READ MORE >>
Friday, March 17, 2017Join us for a free CLE webinar on March 23, 2017 Developing a strategy for effective and ethical marketing and client relations is often key to a successful practice. The right message can attract new clients and drive repeat business. The wrong message can spur the loss of a client or lead to disciplinary proceedings. READ MORE >>
Thursday, March 16, 2017According to one report, in the 1st 2 months of 2017 13 million people have had personal information compromised. In February some of the companies that were impacted were the music festival Coachella , the Arby’s restaurant chain, a company that creates stuffed animals CloudPets and the Intercontinental Hotel Group. READ MORE >>
Wednesday, March 15, 2017A few months ago we mentioned a suit Shore v Johnson & Bell (Docket No. 116cv04363) concerning a potential class action suit against the firm for not having security measures up to industry standards and thus not properly protecting client data. READ MORE >>
Tuesday, March 14, 2017When completing the attorney malpractice insurance application, a frequent question is how to answer the number of hours “worked”. Many attorneys spend 60 or more hours a week in the office, but that rarely translates into even 40 billable hours. READ MORE >>
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