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How Does FDIC Insurance Work for Lawyer Trust Accounts?

Clio

What happens to your law firm if your bank closes? How does FDIC Insurance work when a bank failure occurs? When a bank failure occurs, the FDIC insurance will reimburse deposits up to the standard insurance amount. This happened because the banks did not have enough liquid cash assets to cover customer demand for withdrawals.

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Predictions for legal ops in 2023 with LaTrece Johnson of Palo Alto Networks

Simple Legal

Lately it seems like every legal new source is releasing whitepapers and webinars on topics like “How To Do More With Less?”, “Use Data to Drive Business Decisions”, “Improve Your Contracting Process”, and “Minimize Your Outside Counsel Spend”. Legal professionals are inundated with emails and overwhelmed.

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The Benefits of Legal Malpractice Insurance for Lawyers

MatterSuite

A 2023 study by the American Bar Association found that 49% of lawyers have been sued for malpractice at some point in their careerGetting malpractice insurance is crucial for the success of your law firm. Preserving Reputation In the competitive world of law, reputation is everything.

Lawyer 52
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The Benefits of Legal Malpractice Insurance for Lawyers

MatterSuite

A 2023 study by the American Bar Association found that 49% of lawyers have been sued for malpractice at some point in their careerGetting malpractice insurance is crucial for the success of your law firm. Preserving Reputation In the competitive world of law, reputation is everything.

Lawyer 52
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Opportunity in Crisis: Innovative Ways Law Firms Are Stepping Up Client Relationships

Attorney at Work

How have law firms supported their clients during the COVID-19 pandemic? While law firms may not have all the answers — let’s face it, there is no playbook for this — firms that are flexible, agile and innovative can best serve their clients and stand apart from their competition. Anticipating Changing Needs.

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Highlights from Masters Conference New York 2024

CloudNine

By Rick Clark The Masters Conference for Legal Professionals in New York City hosted by Morgan Lewis LLP on July 24th was replete with insights on applying AI to eDiscovery, collecting and reviewing text and chat app data and information governance. This approach helps to tell the whole story while saving time and reducing costs.