2. Transparent Practices Protect Law Firms, their Clients and their Lawyers
It should be no surprise that clear communication, transparent budgeting, and structured monitoring systems all help protect law firms in case of disputes.
April 26, 2021 at 11:12 AM
3 minute read
The original version of this story was published on Lean Adviser
Ask any business owner, in any sector, whether the chosen methods of operation are directly linked to safety and success and the answer will invariably be yes. In the manufacturing world, engineers and system designers seem to have a compulsive interest in process. They tend to believe that in most systems, the root cause of an error state will usually turn out to be a process deficiency.
What does this have to do with law firm success and safety? Let's focus on reducing bad payers and malpractice claims. In the realm of private practice, the key to reducing both of these risks lies in the firm's better internal processes.
Let's take a closer look at the growing number of malpractice claims that result from mistakes. Here, the benefits of structure and organization are obvious. Law firms have recognized this for many years. This is why they invest in making available to their lawyers the best research tools, compulsory continuing legal education, docketing tools and other useful technologies. Many firms encourage their lawyers to create and use basic checklists because they believe, correctly, that these reduce errors.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllLawsuit Against Major Food Brands Could Be Sign of Emerging Litigation Over Processed Foods
3 minute readHow I Made Practice Group Leader: 'It’s a Job About People, First and Foremost,' Says Alexander Lees of Milbank
Was It Ever A Profession? A Look at the History of Law Firms as a Business with RJon Robins
1 minute readHow This Dark Horse Firm Became a Major Player in China
Trending Stories
- 1Lawyers' Phones Are Ringing: What Should Employers Do If ICE Raids Their Business?
- 2Freshfields Hires Ex-SEC Corporate Finance Director in Silicon Valley
- 3Meet the SEC's New Interim General Counsel
- 4Will Madrid Become the Next Arbitration Hub?
- 5‘Ripe for SCOTUS’: Ruling Creates Circuit Split on NLRB’s Expanded Monetary Remedies
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250