Lawyers Professional Liability Insurance Blog

5 Principles to Bring 3 Generations Together

Posted on 4/2/2018 by Pearl Insurance in lawyers law firm

Find unity in shared experiences.

What does it take to manage a team with ages that range from 18 to 62? While you may face challenges in merging and guiding such a diverse group at your firm, there are certain advantages in bringing generations together as a cohesive unit.

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Set the Ground Rules for Wire Transfers

Posted on 3/1/2018 by Pearl Insurance in lawyers attorneys wire scams

Refuse to become the next victim—demand a phone call.

Scammers are inserting themselves into transactions with a level of unprecedented sophistication. These scammers can duplicate email addresses, steal letterhead, and follow a transaction to learn intimate details.

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What the New Tax Law Could Mean for the Legal Field

Posted on 2/5/2018 by Pearl Insurance in lawyers attorneys tax reform trump

Get your magnifying glass out, because this tax overhaul is complicated.

On January 1, the Trump administration’s new tax plan officially became law. Covering nearly 500 pages, the legislation is a behemoth of complexities and minutiae. And since the final version of the bill went from introduction to signing in a breakneck eight days, unravelling the intended—and unintended—ramifications of this new tax code is tricky.

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How Law Firms Can Find Shelter Amidst the Cybercrime Wave

Posted on 1/10/2018 by Pearl Insurance in lawyers professional liability attorneys law firms cybersecurity cyber liability

Brace yourself, because the forecast isn't changing anytime soon.

The modern data landscape is trapped in the eye of a raging storm. Private information is being swept away like debris caught in a violent crosswind, and the only options left are to prepare for impact or resign to drowning in the maelstrom.

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Our Top 4 Lawyers Blogs of 2017

Posted on 11/30/2017 by Pearl Insurance in lawyers legal malpractice legal liablity

Let the past fuel your future.

Are your sights set on New Year's resolutions for you law firm? Before you move forward, look back at where you've been. It'll help you understand where you're going.

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Social Media for Lawyers: Facebook Edition

Posted on 11/7/2017 by Pearl Insurance in lawyers attorneys social media facebook

Go social and go big.

When it first launched, Facebook was written off as a place for young folks to rant and post selfies. It was supposed to come and go in the blink of an eye.

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Where Did All the Lawyers Go?

Posted on 10/2/2017 by Pearl Insurance in lawyers attorneys legal system law

Untangling the mess.

October is a perfect month to frighten a few (um, all) of those problem clients. On All Hallows' Eve, the lawyers of the world (1.3 million of them)1 will make a collective decision to devote their days to yarn bombing around the world. Officials will be confused then overrun with calls to cut through this new red tape. A black market for scissors will quickly develop and rumors will rage that the International Space Station is next. As lawyers perfect their guerilla knitting tactics, clients the world over realize they are really in a tangle now.

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Looking Back to See the Future of Privacy Laws

Posted on 9/6/2017 by Pearl Insurance in lawyers attorneys technology

Policy and law adapt as new technologies emerge.

Self-driving cars, 3D printing, and the all-encompassing Internet of Things (IoT) are exciting, futuristic frontiers. As with other mass-market technology introduced in the previous century, these advances are fraught with unknowable legal and ethical consequences. It is often left up to the courts and legal professionals to untangle and make sense of this ever-changing landscape.

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Will Artificial Intelligence Take Over the Field of Law?

Posted on 8/2/2017 by Pearl Insurance in lawyers attorneys technology artificial intelligence

Hop on the AI wave.

Classic science fiction is full of inaccurate predictions. Humans haven't colonized Venus, families don't own personal rocket ships, and time travel remains a distant dream. But whether we like it or not, machines (like the ones in old sci-fi stories) have taken over millions of human jobs.

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Simple Steps to Set up a Docket and Calendar System

Posted on 6/30/2017 by Pearl Insurance in lawyers professional liability attorneys legal liability legal malpractice organizing docketing

Organize, prioritize, and prosper.

Docketing is a critical process for any law firm, from the solo proprietor who only handles real estate closings, to the mega-firm with a broad range of complex areas of practice. The docket function does not produce billable hours; it is invisible to clients. Nevertheless, an incomplete process or failure to follow established protocols can result in claims that harm your firm's reputation and bottom line.

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