In a profession where every word can hold significant weight, the importance of risk management in legal practice cannot be overstated. For legal practitioners, understanding and mitigating risks is pivotal not only for their own protection but also for safeguarding the interests of their clients and ensuring the smooth operation of the justice system. In […]
In the fast-paced legal world, missing deadlines can lead to serious consequences for both lawyers and clients. Matthew M. Beier underscores the importance of leveraging technology to manage these deadlines, but emphasizes that proper implementation and training are crucial for success. Missed deadlines, while sometimes a result of technological hiccups, can often be circumvented with […]
Lawyers practicing transactional law face different risks than litigators. In recent years, those risks have resulted in a significant increase in claims – especially in estate planning. Read more here
This article explores the elements of a legal malpractice action and identifies some common mistakes that may be avoided through best practices when representing clients in appeals. Read full article here.
The seemingly clear rule that files belong to clients, not to their lawyers, can quickly become murky after a client dies, especially when the files at issue concern estate planning.
A large number of malpractice claims arise from lawyers taking on matters for which they lack experience or knowledge. Here are some things to know about dabbling, with a focus on three practice areas: immigration, bankruptcy and collections, and real estate.
Many law firms have been forced to adapt to a remote-work environment because of COVID-19. This has placed an unprecedented burden on law firms’ technological capabilities.
Several of WILMIC’s insured attorneys and others have questioned how to formally execute documents without being in the physical presence of the signatory during the COVID-19 pandemic.
While mistakes can occur and things can happen with little or no warning, understanding the most common mistakes lawyers make and where the risks are can help you avoid those mistakes and risks, and reduce the chances of a malpractice claim.
What are the best ways to manage a busy law practice while still practicing good risk management techniques? We’ve got 10 great tips!