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Records retention presents important issues of ethics (safeguarding client property, maintaining confidentiality and loyalty), risk management (avoiding ethical violations and claims), and cost control.

A new article written by our Corporate Counsel, Daniel Hager, outlines steps that your firm can take to implement an effective records retention policy that will help your firm meet its ethical obligations, reduce risk, and lessen costs.

California Firms: Click here to download this article.
Arizona Firms: Click here to download this article.
Firms not in CA/AZ: Click here to download this article.

Identifying Risky Clients at the Outset

Please join DRI and LawyerGuard® for a complimentary Webinar on November 15th, 2017 that will touch on many different aspects of identifying risky clients, such as different types of risky clients, red flags for identifying risky clients, and types of risky cases. This presentation will also discuss ways to protect the firm through use of various client communication letters.

Who Should Attend

  • Law firms, particularly the individual(s) responsible for risk management within the firm

What You Will Learn

  • How to identify the troublesome client or case
  • How troublesome clients increase your firm’s risk to a malpractice claim
  • What are the red flags of a dishonest client
  • How can client communications letters protect the firm

Webinar seats are limited. Register now!

DATE: Wednesday, November 15, 2017
TIME: 1:00 PM –
 2:00 PM Central

 

Presenters:

Kevin J. Sullivan is the program manager for the LawyerGuard Insurance Program, which provides lawyers’ professional liability insurance to law firms on a nationwide basis. He has over 30 years of professional liability underwriting /management experience, focusing on lawyers’ professional liability since 1995.

 

Thomas P. Sukowicz is a partner at Hinshaw & Culbertson LLP, working out of its Ft. Lauderdale, Chicago, and New York City offices. Tom has focused his practice for several years on advising attorneys on ethics and risk management issues and defending lawyers in professional disciplinary proceedings. He previously spent many years as a staff attorney at the Illinois Attorney Registration and Disciplinary Commission, where he investigated and prosecuted attorneys for professional misconduct.

A crisis can strike a business at any given moment. Following the 10 tips noted in the article linked below will help you to quickly contain the crisis and recover from its impact.

Click here to continue reading this Loss Prevention Tip…

It is Friday night after a long work week and an attorney has stopped off at the local watering hole. She makes her way to the bar and recognizes an old law school classmate whom she has not seen in years. He has apparently had a few cocktails and waves for her to come join him. He offers her a celebratory drink and says, “Come celebrate my big score, 7 digit bill in a simple uncontested matter.” As he celebrates and clinks her drink to his “clueless client”, she wonders if she has an ethical duty to report his billing misconduct.

What is your duty to report another lawyer under Rule 8.3?

Click here to continue reading this Practice Tip…

Is ACA compliance on your list of New Year’s resolutions? This handy Compliance Checklist is designed to provide a brief overview of the key ACA compliance requirements and action items so you can prepare to comply in 2017.

Click here to download the 2017 ACA Compliance Checklist…

The risk management landscape for collection attorneys has become more difficult over the past few years, given the explosion of FDCPA lawsuits filed against them.  A silver lining, however, is that the vast majority of these suits are frivolous, and can usually be dismissed in summary fashion.

In connection with law firm malpractice insurance however, these suits can present a trap for the unwary.  It is vital that no matter how “bogus” or “innocuous” such a suit appears (or indeed turns out) to be, each and every one of them must be reported to the firm’s current (and potential future) insurer, for the three major reasons.

Click here to continue reading this article…

Malpractice claims are disruptive and hurt the bottom line. By strengthening six key areas of practice management, the risk of claims can be substantially reduced.

Click here to read this article.