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Using Credit Cards for Retainers and Trust Accounts
One of the most commonly asked questions regarding our Law Firm Merchant Account service pertains to the rules surrounding trust accounts. The rules and requirements vary state by state, so you should check with your local bar to determine which of the following scenarios will work for you.
Scenario 1:
Tie the trust account directly to the [...]
Cyber-Liability – What’s my exposure? Will my insurance respond?
Law firms of every size and discipline face growing exposures with respect to breaches in their computer security and information systems, with increasingly sophisticated attacks occurring more frequently. Due to rapidly changing policy coverages and premium in this area, it is important that you frequently review your firm’s exposures and options for handling them. And [...]
Lawyers tend to forget that law is a service industry. Clients have a myriad of choices for their legal representation. By focusing on client service, lawyers can better retain current clients, gain more referrals, and minimize the risk of ethics complaints.
By Roy S. Ginsburg
If you ask attorneys whether their clients are satisfied, most [...]
Marketing Professionally & Ethically
Proposed changes to the Minnesota Rules of Professional Conduct regarding marketing and professional communications call for modest adjustments in existing rules while encouraging effective client relations.
by Roy S. Ginsburg and Kenneth F. Kirwin
Business development. You keep reading about its importance to your career. You keep hearing about it from other lawyers in your firm and [...]
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