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LAWPRO Magazine: 2024 March – The Confidence Client
In This Issue of LAWPRO Magazine
The confidence client: Survival tips to prevent fraud
In the nineteenth century, American journalists and law enforcement coined the term “confidence artist” to describe a form of fraud that preys on the trust and credulity of its target. The form these frauds took was always changing but relied on the good faith of the target and either a promise of profit or a… Read More »
One click and you are out $1 million
Could it happen to you? If you have a trust account, then you’re at risk. We are seeing a sharp increase in social engineering fraud against law firms and their clients, where the goal is to divert funds to fraudsters’ accounts. When money gets diverted, the lawyer and/or the client is out of funds. For… Read More »
How managing your schedule can help you stay well
Decision fatigue is the decline in energy and focus you experience after making decisions or engaging in mundane tasks. This mental drain can cause you to seek immediate rewards, which can lead to poor decision making and inefficient or irrational behavior. Here are five ways you can manage your daily schedule to stay focused and… Read More »
Client portals improve information security and client service
What is a client portal? Wikipedia defines the term client portal as “an electronic gateway to a collection of digital files, services, and information, accessible over the Internet through a web browser. the term is most often applied to a sharing mechanism between an organization and its clients.” Why is it important for lawyers to… Read More »
Title insurance matters: ‘One of these things is not like the other’
You may recall the title as a lyric from a song in a popular kids show many years ago, reinforcing the benefits of being aware and noticing differences. This same lesson applies when comparing the legal protection coverages offered by other title insurers that compete with the Legal Service Coverage that’s included in TitlePLUS policies…. Read More »