Put Into Practice May 2023

ARTICLES

The Lawyer Who Found Instant Karma

Next time someone tells you “No good deed goes unpunished,” don’t believe them. The truth is, no good deed goes unrewarded, although the payoff might not occur until later – maybe years or decades later – and in a way you never imagined.


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Chasing the Tail of Happiness

Happiness is a hot topic in the self-help world. There are more than 20,000 books that have been published with “happiness” in the title. An entire industry has been built around the goal of happiness. But do we even know what we mean when we say we want to be happy, and should it be our ultimate goal? I would suggest that there is something far greater than simple happiness. That something is the concept of well-being.



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LAW PRACTICE MANAGEMENT

On Boating and Hiring Lawyers

I did not grow up in a boat family, but my wife did. They had a little Boston Whaler that they trailered to the Chesapeake on the weekends and used for water skiing, crabbing, and otherwise doing fun summer stuff on the water. The photos from that time look amazing, and they all reminisce about how fun those days were. But one day when my wife and her folks were reliving some fun boating memory, my father-in-law pulled me aside and told me: “the two best days in a boat owner’s life are the day you buy the boat and the day you sell it.”



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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!

LM SPOTLIGHT

On-Demand CLE and the LM Portal and App: New Insured Benefits!

On-Demand CLE

Lawyers Mutual's new On-Demand platform offers CLE at your convenience. Choose from various topics including Real Estate, Cyber Security, Estates and Trust, Ethics, Law Practice Management, Technology, and more! As a benefit to insureds, CLE fees are reasonably priced for attorneys and FREE for paralegals. Learn more on our website.


LM Portal and App

Lawyers Mutual is pleased to offer a new and improved way to manage your policy and easily and quickly get the documents you need 24/7. You can pay your bill online, download a declaration page, get confirmation of insurance, make policy changes, and add and remove attorneys.

LM On the Road

LML looks forward to connecting with our insureds this summer! Be sure to stop by and say hello!


May 19: WDNC Federal Bankruptcy Bar CLE – Charlotte

May 19-20: NCBA Real Property Annual Mtg – Kiawah

May 24: NCAJ New Lawyer Division Reception – Charlotte

June 8-11: NCADA Annual Meeting – Hilton Head

June 15-18: NCAJ Annual Meeting – Charlotte

June 16: NCAJ Paralegal Division CLE – Charlotte

June 22-23: NCBA Annual Meeting – Wilmington

July 12: Gaston County Bar Association CLE – Salisbury

July 20-22: NCBA Estate Planning Annual Mtg – Kiawah

August 2: NC RE Comm. Wire Fraud Summit – Asheville

August 18: Rowan County Bar Assn Criminal Law – Salisbury

August 24: NCAJ CLE & Side Bar Social – Winston-Salem

LM Title Upcoming CLE

Parapalooza 2023 - Raleigh

October 10, 8:45 a.m. - 4:15 p.m.

6 CPE/CLE credits.



Registration details coming soon. Visit the LM Title Website for more information.

I Made a Mistake. WHAT NOW?

After instituting appropriate risk management practices and procedures, even the most competent, diligent attorneys may still make a mistake. Fortunately, most attorney mistakes are minor, resulting in little consequence to the client. There also may be ways to remedy the mistake before the client is adversely affected. However, when a material mistake does occur, many attorneys make the situation worse by mishandling the matter with their client or their professional liability insurer.


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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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