Law firms often repose trust in their lawyers – and even in non-lawyer employees with roles involving access to the firm’s finances – without having in place the appropriate controls to fulfill the firms’ ethical and fiduciary obligations to “verify.” This lack of oversight policies and procedures can enable law firm employees to steal or embezzle the firm’s or its clients’ funds. READ MORE
News & Views
It’s one of your worst nightmares: you turn on your computer, and there’s a ransom note on the screen. Since your firm is working from home due to COVID-19, the attacker has used your computer to gain access to the firm’s entire network resulting in a complete lockdown. After you collect yourself and contact your managing partner, what should you do? READ MORE
While virtually all large law firms have substantially cut management hiring during the current Covid-19 pandemic, an exclusive TMG survey of law firm human resources and talent professionals reveals that financial hires are far and away expected to be the key focus of law firm recruiting in the months to come. READ MORE
Theo Nittis, Principal of Gemini Risk Partners, was recently highlighted in the “Getting to Know” feature in the Oakland County Legal News. Find out why he became an attorney…and why he’s so passionate about getting a legal education. You’ll also learn that Theo will never pass up an opportunity to go fly fishing, bird hunting, or out for a good meal! READ MORE.
David Kramer, Principal, of Gemini Risk Partners, was honored to be interviewed by Lisa DeMoss, a WMU-Cooley Law School Professor and LL.M. Director of Insurance Law. David shared valuable insights and information about legal risk management for attorneys. The discussion covered topics including the liability insurance product market, best risk management practices and current issues of concern to law practices generally. READ MORE.
Law firms considering the hire of experienced attorneys should extend their evaluation of the candidate beyond the resume and interview. Learn why it’s important for law firms to perform due diligence on lateral hires. Check out this article called “Homework on Hires,” which appeared in the FEBRUARY 2018 ISSUE OF THE AMERICAN LAWYER.