Put Into Practice December 2023

ARTICLES

My Farewell Missive and Some Parting Advice

After more than 200 columns for this newsletter over the past 30 years, this will be My Last Monthly Missive on law, life, legal malpractice and baseball.


That announcement will cause no tremors on Wall Street, nor will it stir excitement among the masses. In fact, it is unlikely to be of much interest to any sentient being on the planet except the dog, who is interested in everything I do and enraptured by everything I say because I am the Bringer of Treats and Opener of the Back Door. 


Nonetheless, My Last Monthly Missive is a big deal to me. 


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Beware! The Corporate Transparency Act is Upon Us

Beginning January 1, 2024, the Corporate Transparency Act (“CTA”) goes into effect and will impose stringent Federal reporting requirements on many small businesses. The CTA was passed by Congress to enhance transparency in entity structures and ownership in an effort to help the government combat money laundering, foreign interference, fraud, and other illegal activities.


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*Reprinted by permission from Brandon K. Jones, Carruthers & Roth, P.A.

WHOLE LAWYER WELLNESS

Using Mindfulness to Retrain Our Wandering Minds

We spend an enormous amount of time thinking about something other than what we are doing in the present moment. It is called mind-wandering and can be detrimental to our happiness and well-being. A 2010 study by Harvard psychologists Matthew Killingsworth and Daniel Gilbert, discovered that the average person’s mind wanders 47% of the time (https://www.science.org/doi/10.1126/science.1192439). The study also found that, when people think about something other than what they are doing in the present moment, they tend to be less happy.

 

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LAW PRACTICE MANAGEMENT

On Gardens and Law Firms

My college roommate, Jeff, married into an old New England family that has a beautiful cabin on a lake up in Maine. When I used to live in Boston, and occasionally still if I am just the right amount of shameless, I was able to wrangle myself an invitation to stay there for a night or two. It’s a gorgeous place up on Belgrade Lakes region – if you think On Golden Pond, you’re not too far off. If you’re younger than 50, replace On Golden Pond with, I don’t know… I am over 50. Just picture a cabin on a lake, preferably not from a horror movie.



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Connect with Erik Mazzone

LML insureds can work one-on-one with Erik by phone, video or email. As an added benefit of Lawyers Mutual coverage, insureds may have three consultations with Erik annually at no cost, which provides a substantial value to our insureds. Schedule an appointment with Erik today!

NORTH CAROLINA NEWS

Track 3 Announced: Twelve N.C. Counties to Transition to eCourts on February 5, 2024

Track 3 includes Beaufort, Camden, Chowan, Currituck, Dare, Gates, Hyde, Martin, Pasquotank, Perquimans, Tyrrell, and Washington Counties. Read More



Proposed Order Submission in Odyssey Counties


This document outlines the process for submitting externally generated Proposed Orders in Odyssey Counties. Read More

NC State Bar Releases Synopsis of October 2023 Council Meeting

The NC State Bar recently released the Synopsis of the October meeting of the N.C. State Bar Council. The highlight of Council week was the installation of A. Todd Brown of Charlotte as President. The State Bar Council adopted one ethics opinion, 2022 Formal Ethics Opinion 4, Billing Considerations for Overlapping Legal Services, and the Ethics Committee considered six inquiries.


Read the complete synopsis

LM SPOTLIGHT

LML Fall and Winter CLE Series

01/26/2024 – Virtual, Zoom. Register here.

02/02/2024 – Greenville – Holiday Inn. Register here.

02/09/2024 – Wrightsville Beach – Resort Lumina. Register here.

02/16/2024 – Concord – Great Wolf Lodge. Register here.


See more details here.

LM Title Upcoming CLE

Parapalooza 2024 – Concord

April 9 – Details coming soon


Click here for more details and to register.

Calendar and Docket Control

Everything has a deadline. Even armed with this knowledge, the most frequent cause of a malpractice claim continues to be a missed statute of limitation or other deadline.


Download here.

Newly Released! Respect - An Insight to Attorney Compensation Plans, by Brenda Barnes and Camille Stell

This guide to attorney compensation includes:
  • Compensation formulas
  • Managing Partner compensation
  • Compensation carve-outs such as paying non-equity partners
  • Compensation system biases
  • Trends in compensation

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