An Update on Lawyer Trust Account Scams
Mark Bassingthwaighte, Esq.
Note: In recent weeks, several more law firms have fallen prey to Internet scams that have resulted in quarter million dollar plus losses at each firm.
A Final Update on IOLTA Accounts and FDIC Insurance
Mark Bassingthwaighte, Esq.
For the past year, the FDIC has fully insured IOLTA accounts meaning that the increased per account coverage limit of $250,000 on general deposits didn’t apply to IOLTA accounts.
“The Phishing is Good” - So Now It’s Getting Ugly
Mark Bassngthwaighte, Esq.
The FBI just recently issued a warning to U.S.
Managing the Client File through the Current to Past Client Transition
Mark Bassingthwaighte, Esq.
In my early years as a risk manager, I was a bit surprised to learn that we do have claims reported where the defendant attorney or firm is unable to turn over the underlying file.
No Good Deed Goes Unpunished
Mark Bassingthwaighte, Esq.
As a risk consultant, I have had numerous opportunities to ask attorneys who have been sued for malpractice, “What did you learn from the experience?” One response that continues to come up has been, “There is a bit of truth in the old saying that no good deed goes unpunished.” While the stories behind such a response vary, there are common insights that I feel are worth passing along.
Your Newest Risk Management Resource
Mark Bassingthwaighte, Esq.
ALPS is proud to announce your newest risk management tool, Risk411 .
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