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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
It’s our general recommendation that attorneys implement billing practices that prevent past due balances to the extent possible. Charging sufficient retainers, implementing recurring payments to help clients avoid large bills or infeasible retainer replenishment requests, and periodically reviewing accounts with office staff are all proactive practices that can mitigate delinquent receivables. We encourage you to […]
OBLIC is seeing an increasing trend in activity by care facilities seeking to surcharge a ward’s guardian for delay or alleged errors in filing Medicaid applications for the ward. Attorneys serving as guardians should be aware of the nursing home’s standing as an interested party when filing the final account. Guardians need to pay attention […]
The Ohio Medicaid Estate Recovery program seeks repayment for the cost of Medicaid benefits after the death of an individual who received Medicaid benefits. All the real and personal property owned by the Medicaid recipient at the time of death is subject to Medicaid recovery, regardless of whether it passed through probate court or not. […]