The Chicken Fax

We all have moments in our practice that we would rather forget. What follows is mine. I was an eager young associate who wanted to impress my client and the partners in the firm. We were handling a tax case that had something to do with inventory tax and the valuation of baby chicks. I had researched the IRS Tax Code, regulations, tax treaties, and IRS rulings and was confident that the IRS agent’s position was untenable. I wanted to display my legal prowess to my client, so I prepared a letter to the client explaining our superior position and the IRS agent’s incompetence.   Read More +

Managing Velcro and Teflon

When your firm gets to a certain size there is a moment where your job goes from getting stuff done to getting stuff done through other people. Depending on your personality and skill set, this is either pretty good or pretty bad news.  In order to grow your firm to this size, you likely already had to serve as chief marketer, head of legal, director of operations, talent acquisition coordinator, and visionary. Even if many of those roles are now inhabited by other folks on your org chart, you probably had to master those competencies to get where you are. As well as one more: manager. Read More +

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How to Start a Law Firm When You're Broke by Lauren Eagan

While it can seem overwhelming when you do it right starting your own firm can give you flexibility, financial independence, and a thriving career. Following the path of an attorney who achieved her goal of setting up her own successful practice, this book walks you through every step of starting a law firm -- the right way, and without breaking the bank. Includes sample forms, checklists, and a business plan. Read More +

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The Corporate Transparency Act: What North Carolina Law Firms Need to Know

Lawyers Mutual has published previous alerts regarding the new filing requirements under the Corporate Transparency Act (“CTA”) that went into effect January 1, 2024. After reviewing additional resources, we want to emphasize concerns that we have about the risks and increased potential liability for lawyers undertaking the reporting requirements. This is especially true for the continuing reporting requirements after entity formation and initial reporting.   Read More +

eCourts Expansion Announced for 2024

The North Carolina Administrative Office of the Courts (NCAOC) recently announced additional go-live plans for counties transitioning from paper files to Enterprise Justice (Odyssey), which currently serves Harnett, Johnston, Lee, Mecklenburg and Wake counties. Twelve northeastern counties comprising Track 3, as previously announced, will go live on February 5, and 10 counties comprising Track 4 (Alamance, Chatham, Durham, Franklin, Granville, Guilford, Orange, Person, Vance and Warren) will go live on April 29.    Read More +

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Put Into Practice, January 2024

A Tribute to Jay Reeves by Will Graebe; What Do the South Carolina Murdaugh Murders Have to Do with Your Trust Account? by Kathy Pope; Law Practice Management Section - To Buy Or Not To Buy? - by Erik Mazzone; and North Carolina and LML News.   Read More +

Put into Practice, December 2023

My Farewell Missive and Some Parting Advice by Jay Reeves; Beware! The Corporate Transparency Act is Upon Us by Brandon Jones; Whole Lawyer Wellness featuring Will Graebe; Law Practice Management resources with Erik Mazzone; NC News and Updates; and more! Read More +

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