Why Buy A Lawyers Professional Liability Policy?

Lawyers and those in their employ can and will make a mistake from time to time. It happens. Should a significant misstep ever occur on one of your matters, what might the fallout be? Think about this as a member of our learned and honorable profession. Clearly the client will be harmed in some fashion. Now, put yourself in your client’s shoes and ask who should be held responsible, particularly if a financial loss is part of the equation? You know darn well what the answer is. After all, if a lawyer representing you on a personal injury matter blew a statute that resulted in a lost opportunity for any kind of recovery, you would expect to be made whole and you know it. This is why I don’t get the excuses. Purchasing malpractice insurance isn’t about protecting lawyers. It’s about protecting clients should something go wrong, which makes it, at least in my mind, the right thing to do.

[SPONSORED] What Can Law Practice Management Software Do For Your Firm?

Free Guide: What Can LPMS Do For You?
It’s not uncommon for law firms to view technology as being grafted onto existing, offline office systems. Yet, one of the major advantages of a law practice management system (LPMS) is that it’s a holistic solution for your law firm. In this ebook, Jared Correia Esq covers 5 key processes in practice management that can be addressed through the consistent use of a law practice management system.

Download What Law Practice Management Software Can Do For Your Firm

Part 3: Know Your Profitability

Getting real with your numbers can be a difficult journey. What you think is going on financially in your firm can come into question very quickly once you crunch the numbers and they’re staring you in the face. We love the numbers because they don’t lie. There is no opinion and no bias, if the numbers don’t add up they simply don’t add up. The first step to understanding your firms’ profit is to figure out where it’s coming from.

Starting a Solo Practice in Rural America – Guest Lecture with Gary Bauer

Do you want to start a solo practice in a rural America? Do you want to learn how to be successful, understand the way to do it right?Who better to present a jam-packed guest lecture on this subject than Gary Bauer, lawyer and Chairman of the General Practice Solo Concentration for twenty years at WMU Cooley Law School. Gary feels very strongly there is so much potential for young (and not so young) lawyers to lives quality lives serving the legal needs of those in rural areas. Listen and learn.

Are You Tech-Competent and Compliant With the New Rules? Guest Lecture with Jared Correia:

Technology competence and compliance are more important than ever today and new rules have been put into place which you must observe. Who better to discuss how to fulfill your obligations than Jarred Correia. Listen and learn as we talk about the challenges and the solutions to this 21st century mandate for successful practice.

A Checklist for Closing Your Solo/Small Firm Practice

Common reasons lawyers close their practices include a medical disability, wanting to retire, a move out-of-state, or a career change. While the specific steps that need to be taken and the time frame involved can vary significantly depending upon the reasons driving the closure and the type of practice being closed, the following checklist covers the basics of what most lawyers will need to think about.

Accounting Avoidance Syndrome – Why this Boring Crap Matters

You want more time with your family and do the things you love doing (besides practicing law). You also wanted a plethora of funds to support this. It would make sense that you now monitor these two things, time and money, like a hawk to make sure you’re getting what you originally set out to get from all this, right? Nope, in fact many practice owners run from basic accounting requirements (if this is you, for the love of law please keep reading). So why are you running from the thing you set out to gain?

Solo By Design – Guest Lecture with Professor Gary Bauer

Going solo with intention and doing it the right way is going solo by design. Who better to present a jam-packed guest lecture on this subject than Gary Bauer, lawyer and Chairman of the General Practice Solo Concentration for twenty years at WMU Cooley Law School. Gary and I are kindred spirits. His information is purposeful, thoughtful and complete. Listen and learn.

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