Avoid Risks When Dealing with Contract Lawyers

Even if contract lawyers are a huge value for law firms if used properly, there are some risks that law firms may not always consider. Many of them use contract lawyers, either to give a helping hand with work overload on a daily basis or assisting with large document reviews for one single matter. These firms may also use contract lawyers to help meet short-term staffing needs with none of…

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How to Bring Your Practice Into the 21st Century

We all know that most risk management tools that worked ten or twenty years ago are no longer as important today. Whether we’re talking about engagement letters, fee contracts, calendar control systems, or document retention policies, one thing is certain. In the 21st century, old ways will not always get the job done. Today, cybersecurity or cloud computing have become important tools for a good law practice. Bar members need…

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Joint Defense Agreements and What Lawyers Should Know About Them

In many cases, a transaction, litigation, or business dispute can involve several parties, each with different attorneys but the same interests. As such, each party may wish to communicate with the others on issues of planning or strategy without risking the waiver of any privileges or immunities. In this case, clients and counsel can benefit from the courts’ options and they can share a joint defense or common interest privilege….

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Tips for Avoiding Risks as Replacement Counsel

When things don’t go as planned in a lawsuit, clients may choose to hire replacement counsel. Unfortunately for the new lawyer stepping in, they may be walking into a pretty tense and difficult situation. As opposed to the beginning of a representation, replacement counsel may find that there is little to no grace period for them to evaluate the case and come up with an appropriate strategy. By the time…

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Potential Risks to Be Aware of When Valuing Claims

When hiring attorneys, clients may not only expect them to have knowledge of any relevant legal procedures but to also provide counsel regarding the risks and possible outcomes of a matter. In the case of litigators, it may mean that the client expects an evaluation of their potential liability or recovery in connection with a lawsuit. In most litigations, settlement is usually at least considered at some point or another,…

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A Lawyer’s Guide to Social Media: Keeping It Professional

Social media allows everyone to instantly share whatever they’re thinking with the world but given the many heated issues we face every day, we can sometimes lose ourselves in it all and post something in anger or passion, which may lead to regrets down the road. Things become especially difficult for attorneys, who may sometimes view their presence on social media websites to be in a personal capacity. The reality,…

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Tips for Choosing a Professional Negligence Insurance Policy

Most law practices today know that it’s worth having a professional liability insurance, even if they operate in states which don’t require them to. A much harder analysis, though, can be to determine what type of coverage to purchase and for what amounts. Brokers and insurers can help with answering those questions, but let’s look at some factors a practice might want to consider. Choosing the Right Insurer When you…

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Five Quick Tips to Help Reduce Risks for Replacement Counsel

It is within a client’s rights to choose the counsel which they believe will be most effective in dealing with their case. In some cases, a client may engage replacement counsel when an ongoing matter is not going as well as they had hoped. Whatever the client’s issues with their prior counsel, be they miscommunications, questionable management, or just an inadequate fit, the client may expect the replacement counsel of…

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