OBLIC news, events and updates.
DON’T MISS UPDATES: CTA AND NON-COMPETE
This week we feature updates on CTA and FTC Non-Compete Rule. Read the updates carefully to comply with changing reporting requirements for CTA. We will continue to follow the trajectory of the non-compete rule. We hope this information is helpful if your practice involves these areas. FTC NON-COMPETE RULE An opinion in Ryan LLC, et […]
Preparing for the Future: The Crucial Role of Life Insurance in Legal Practice
The Federal Emergency Management Administration (FEMA) annually recognizes September as National Preparedness Month, emphasizing five national preparedness goals: Prevention, Protection, Mitigation, Response, and Recovery. Attorneys play a crucial role in managing risk for their clients by proactively preventing incidents and establishing protections for critical events. Life insurance is a vital component of risk management. Life […]
OSC: Participation Does Not Waive Service of Process
In a decision issued August 22, 2024, the Ohio Supreme Court upheld its prior ruling in Gliozzo v. Univ. Urologists of Cleveland, Inc. In Ackman v. Mercy Health W. Hosp., L.L.C., Slip Opinion No. 2024-Ohio-3159, the Court held that a party’s active participation in the litigation of a case does not constitute waiver of the affirmative […]
The Lateral Attorney Equation
Balancing Opportunity with Due Diligence Hiring an experienced, mid-career attorney may bring advantages to your firm such as a book of business, limited training time, and complementary practice areas. But doing so also brings risk that must be managed. In this week’s post, we offer some recommendations to mitigate the risks that come with hiring […]
Avoiding Wire Fraud: Essential Tips to Protect Your Firm
One of the ways hackers facilitate wire fraud is by gaining access to business email accounts. Posing as the transferor in a transaction, the hacker requests the wiring instructions be changed to modify the destination of the funds to the hacker’s account. The FBI Internet Crime Report reflects losses from business email compromise (BEC) in […]
OBLIC News: Advocacy on Installments: Litigate Now, Pay Later?
A question we regularly receive on the Loss Prevention Hotline is, “Can I offer my clients third-party financing for their legal fees?” This article addresses consumer financing (or lines of credit) offered for legal fees. We will address civil litigation funding in a future article. In some cases, clients may need financial assistance to pay […]
New Developments Clarify Saving Statute, Statute of Repose, & Vicarious Liability
Two recent developments in July impact the filing of civil lawsuits. On July 24, 2024, the Ohio Supreme Court decided McCullough v. Bennett, Slip Opinion No. 2024-Ohio-2783, rejecting the “one-use” limitation of the saving statute to permit the refiling of a dismissed lawsuit. On July 24, 2024, Governor DeWine signed H.B. 179 of the 135th […]
Green-lighting Use of AI
We’re sure you’ve heard some of the red flags and warnings about attorneys using generative AI in their practices. But what about green lights? This week’s OBLIC News features an update on use cases of new AI tools to help you adhere your AI uses to the highest standards of professionalism. You’re in the Driver’s […]
Do you have OBLIC FOMO?
Recent statistics indicate 56% of people experience FOMO (Fear of Missing Out) when they’re away from social networks. We don’t want you to have OBLIC FOMO! Here’s a list of user-friendly services and resources so you don’t miss out! OBLIC HOTLINE Insured attorneys are encouraged to utilize the OBLIC Loss Prevention Hotline for tips and […]
OBLIC welcomes John R. Tribble as new CEO
Ohio Bar Liability Insurance Company (OBLIC) is delighted to announce that John R. Tribble, MBA, CPCU, CCLA will be joining the Company as its next President and CEO in mid-June, 2024. Mr. Tribble brings a broad depth of experience in the insurance industry to the Company. Mr. Tribble has held a variety of positions during […]
