News: Member Benefits
From time to time I get calls from lawyers who are looking for information on shuttering their practices. Sometimes it’s for happy reasons, like appointment or election to a judgeship or a long-awaited retirement. Other times it involves a family relocation and, sometimes, small firms just don’t gain the traction they need to keep on keeping on, so the principals decide it’s time to move on to something else. Here are some thing to think about should you decide to close your practice.Read More
I received two email messages recently. Each was from someone I did not know. Both posed a single, easy-to-answer question, but it’s amazing how different my reaction was to each. The first…Read More
There have been several recent news reports of municipal and county court clerks here in Alabama embezzeling fees and fines that they handled in the course of their work. Theft in the workplace goes on all the time, but it’s likely gotten worse as a result of the recession. And it’s not just confined to public offices – it’s just more likely to be discovered because of mandatory audit processes and publicized due to open records laws. So how safe are the funds that pass through your firm and, hopefully, fall to your bottom line and get swept into your pocket? There are several things you can do to discourage the five finger discount among your employees and improve the likelyhood that you’ll get to keep all of the money you are working so hard to earn.
Here are a few suggestions for procedures you can put in place to prevent problems like this:
None of us likes to think about death and dying, even those of us who do wills and estate planning. But every lawyer should – especially those in solo practice and very…Read More
On Friday the FDIC issued a final rule which now classifies IOLTA accounts as non-interest bearing accounts for the purposes of the Transaction Account Guarantee Program. So, why is this important to…Read More