Many law firms and accounting firms are still spending thousands of dollars on closed file storage. Some firms literally have tens of thousands of bankers boxes of closed client files in warehouses, basements, storage buildings, office space and garages. ...
Attorney Malpractice carriers have found that the use of non-engagement letters/disengagement letters can reduce Lawyers professional liability insurance claims. Attorney Malpractice Insurance carriers have defended and paid on claims where the client alleges...
Overview of Engagement LettersEngagement letters confirm the representations scope setting forth the parties’ responsibilities, billing rates/contingency agreements and expense costs. Engagement letters should discuss the scope and limits of the...
Identity theft continues to rise. Researchers say personal details, often found on social media, are being used for taking out things like loans, credit cards or phone contracts in other people’s names. It can leave victims with big bills, or a bad...
Depending on the type of practice an attorney has, the Law Firm could be carrying large balances in Escrow and IOLA accounts. With smaller law firms, the firm may be relying on a “trusted” employee to manage the funds, balance the accounts, deposit...
