If You Don’t Have Legal Malpractice Insurance You Need To Know That …

Prospective client Diane has a complex legal issue in Illinois. Her matter will likely generate millions of dollars in revenue. She receives two referrals, one for Grace and one for Alan. Diane decides to search for these lawyers on the ARDC website (this is the disciplinary agency that regulates lawyers in Illinois) to learn more about them. Diane learns from the website that Grace does not have legal malpractice insurance; but Alan does. They have both been active Illinois licensed attorneys for 10 years. Who does she pick? Wait! This is not only not a silly question, but read the answer and the changes now being implemented for those who don’t have malpractice insurance. Illinois is leading significant changes. You’ll be glad you read this.

Going to the Dogs, Cats, Birds and Horses

For the final column of 2017, highlighting attorneys who rezoomed their career, I thought I would update readers on my journey back into the law. It has been an incredibly enlightening, sometimes frustrating, yet joyful journey. Today, I find myself loving what I do and looking forward to going to work every morning. Doing what I am doing now means more to me than all the ups and downs of the last 6 years. Here’s my story.

Is Soliciting Crowdfunded Donations for Payment of Fees a Good Idea?

While crowdfunding models vary, there are primarily two general approaches. One is an investment model where the contributor invests funds in exchange for some kind of benefit. The other model is the donation approach, where the donor has no expectation of a return or benefit, and this is the model I’m going to discuss.

Let’s start with a potential client who has no ability to cover your fees. Would it be ethically permissible to solicit donations through a crowdfunding source as a way to have your fees paid?

You’ve Decided to Go Out on Your Own. Now What?

There is no shortage of voices out there offering tips to attorneys who are looking to go out and start their own firm. Unfortunately, with so many lengthy articles, e-books, webinars, and other resources circulating, it can be hard for attorneys to narrow down this information into practical, actionable items they can take to help make their new venture a success.

Here are a few pieces of advice that we have heard from solos time and time again and they just might help you shorten the learning curve.

Pin It on Pinterest