Lawyer's Learning Center with DHIA

Law Firm Loss Prevention Systems


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The process of loss prevention is the ability to identify or minimize the liability and risks threatening a law firm.  Loss prevention is critical to law firms, and although allegations are made against a law firm and found groundless, a firm’s reputation may be compromised.  

In the past few years, there have been numerous publicly reported settlements by, and verdicts against, law firms in the $3-19 million range. 

In this episode, we're going over some tools and procedures that may be beneficial to implement in your firm:

  • Docket and Calendar Control
  • Mail Handling
  • Conflict of Interest Avoidance
  • File Opening Procedure
  • Fees and Bill Procedures

 

More Resources:

Business Plan Guide for Growing Law Firms

Task Evaluation for an Efficient Law Practice

Getting Them in the Door – 12 Marketing Ideas

Tailored Business Insurance Portfolio

 
 
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Lawyer's Learning Center with DHIABy Daniels-Head Insurance