Ethics & Malpractice Issues
Protecting Client Trust Accounts When Banks Collapse
As if lawyers didn’t already have enough to worry about when it comes to protecting client trust accounts, add bank solvency to the list. As the recent meltdowns of the Silicon Valley Bank and Signature Bank remind lawyers, even a bank may not always be a secure repository for client funds. Lawyers Should Understand the…
Read More“Hotel California” Law Firm Charged With Ethics Violations for Making It Impossible for Lawyers to Leave
“Relax, ” said the night man “We are programmed to receive” “You can check-out any time you like” “But you can never leave!” –Hotel California, The Eagles We’re all familiar with the song Hotel California, that fictitious resort where guests are trapped for eternity. Well, what if the Hotel California wasn’t an imaginary destination but…
Read MoreMany Regulators Have Traded In Outdated Rules on Law Firm Trade Names – Yet Most Lawyers Don’t Realize It
Post update 4/21/2021 based on comment from Will Hornsby noting that all trade name bans have been or are in the process of being eliminated. LegalZoom. HelloDivorce. HelloPreNup. One reason that we as lawyers know that these companies aren’t law firms is because they operate under trade names – which many jurisdictions traditionally prohibited lawyers…
Read MoreAddressing Maryland’s Biased Disciplinary Process Through Data
As management consultant Peter Drucker has been credited with saying, “If you don’t measure it, you can’t manage it.” Regardless of attribution, the quote came to mind when I was asked to testify before the Maryland Health and Government Operations Committee on proposed legislation that would track the gender, race, and outcome of attorney disciplinary…
Read MoreMy Mixed Review on the ABA Ethics Opinion on Responding to Negative Reviews
More than a decade after clients started leaving attorney reviews online, the ABA has now steps in to offer ethical guidance on Responding to Online Criticism, Formal Opinion 496. As with a majority of jurisdictions, the ABA takes the position that a negative client review does not trigger the type of controversy with a…
Read MoreRed Flags in Power Pacts
As some of you already know, on Friday, May 29, 2020, I’m scheduled to present a 90-minute webinar on Power Pacts: Agreements to Fuel Law Firm or Career Growth and Unleash New Revenue Streams (click on the link for details or to register, click HERE. But for those of you who can’t attend, I’ve devoted…
Read MoreHow Tech Competence Can Help Attract Clients
By now, 36 states have adopted some version of the ABA’s updated Model Rule 1.1. duty of tech competence which requires lawyers to keep abreast of the benefits and risks associated with relevant technology. But there’s an even better reason than ethics compliance for lawyers to learn more about tech: to retain clients. Small Business…
Read MoreNew Jersey Court Orders Lawyers to Disclose Competitors’ Billing Practices and to Use Data To Inform Clients of Likelihood of Success
Last week, the New Jersey Supreme Court granted certification to hear an appeal of the Appellate Division’s ruling in Balducci v. Cige, Docket No. A-3068-16T2 (August 30, 2018) which voided an attorney’s hourly fee agreement with a client for a discrimination action because the lawyer failed to advise the client that other firms could handle…
Read More