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  • April 20, 2017 | ISBA News
    New Member Directory Now Available
    The ISBA is excited to announce that IllinoisLawyerFinder, our new online member directory, is now available to the public. Directory profiles for members who participate in the Lawyer Referral Service were made live on April 18, and profiles for general members will go live on May 15. ISBA members will be included at no cost, and members' names and business information will be viewable by the public unless they choose to keep it private. Directory profiles will not be created for members who are judges or government attorneys, but they can “opt in” if they so choose. In order to find an ISBA member to serve their legal needs, the public will be able to go to illinoislawyerfinder.com and search the directory. The new directory is part of a national, online public lawyer directory, which was developed by CloudLaw, Inc. In addition to ISBA members, the parent directory includes members of the State Bar of Michigan, Ohio State Bar Association, and, soon, the Indiana State Bar Association. CloudLaw is actively partnering with additional bar associations to bring their members into the directory and create the preeminent, bar-approved online lawyer directory. The ISBA believes the new directory will provide members with the tools necessary to enhance their unique online presence and foster both client and peer connections. For more information on the new IllinoisLawyerFinder directory, including proactive steps you can take before your profile is viewable by the public, please visit here. 
    2 comments (Most recent April 21, 2017)
  • April 19, 2017 | Practice News
    Best Practice Tips: Law Firm Succession/Exit Plan – Merger, Selling, Laterals, or Promoting Associates to Equity
    Asked and Answered  By John W. Olmstead, MBA, Ph.D, CMC Q. I am the owner of a small estate planning firm in Worcester, Massachusetts. I have three associates and three staff members. I am 55 and want to begin putting in place my succession/exit plan. I would like to retire and exit the practice in 10 years. Would I be better off selling to another firm or attorney, merging the practice, bringing in laterals, or selling to one or both of my associates? I am interested in your thoughts. A. The biggest challenge for many firms, is finding the right who. The who dictates the what — the actual succession/transition/exit strategy. In other words, many law firms find that they start down one path and end up on another. Not all non-equity partners and associates want to own a law firm. Not all lateral and merger candidates will be a good fit for your firm and culture. The key is the right relationship and sometimes that takes the form of making someone at the firm a partner, bringing in a seasoned lateral, merging with another firm, or selling the practice. Therefore, succession/transition plans have to be flexible and often the key is not getting stuck in creating complex succession plans at the onset. Establish timelines, outline a general course of action, generate some momentum and see where that takes you. Then build the plan when you can see where the firm is headed.
    1 comment (Most recent April 21, 2017)
  • April 19, 2017 | Practice News
    Quick Takes for Your Practice: What You Need to Know About the ABLE Act
    Susan Dawson-Tibbits of Johnson, Bunce & Noble, P.C. discusses what you should know about the ABLE Act.
  • April 18, 2017 | Practice News
    Study: Substantive Errors Still Generate the Most Malpractice Claims
    "If you think that most malpractice claims come from administrative errors like the failure to file documents, think again," writes Karen Erger in the April Illinois Bar Journal. "[Consistently, the ABA's quadrennial study of malpractice claims has] found that substantive errors are the largest category of errors alleged in legal malpractice claims, Erger writes in her IBJ Loss Prevention column, sponsored by the ISBA Mutual Insurance Company. "In the 2016 study, for the first time since the 1999 study, substantive errors account for more than half of alleged errors. And the single most common error is a substantive error, namely 'Failure to Know/Properly Apply the Law,' which accounts for 15.38 percent of claims in the 2016 study. This validates the risk management maxim that dabbling in unfamiliar areas of practice is risky business, and underscores the importance of concentrating your practice on a few areas of law so that you can stay competent and capable in those areas," she writes. In fact, administrative errors have fallen "from 30.13 percent of claims in the 2011 study to 23.15 percent in the 2016 study," Erger writes. "The study's authors suggest that '[b]etter computer calendaring systems, e-filing, electronic record keeping, and multiple modes of communication with clients appear to have assisted attorneys in managing their law practice.'"
  • April 18, 2017 | CLE
    CLE: Balancing the Scales
    In honor of Mother’s Day and in celebration of women attorneys everywhere, please join us in Chicago on May 11, 2017, for lunch and a private screening of a new documentary about the historical challenges and contributions of women in the profession of law, featuring interviews with United States Supreme Court Justice Ruth Bader Ginsburg, civil rights attorney Gloria Allred, and other notable lawyers. The filmmaker, Sharon Rowen, will be present to discuss the film following the viewing, with the opportunity to ask questions at the end.
  • April 17, 2017 | Practice News
    Court Rule Change on Unidentified IOLTA Funds Raises Over $1 Million for Legal Aid
    A recent change to the rule governing how lawyers deal with unidentified funds in their pooled client trust accounts has generated over $1,000,000 for legal aid in Illinois. In March 2015, the Supreme Court of Illinois amended Rule 1.15 of the Illinois Rules of Professional Conduct to require Illinois lawyers to remit unidentified funds in these client trust accounts to the Lawyers Trust Fund of Illinois after a 12-month due diligence process to determine who owns the funds. Since the new rule went into effect on July 1, 2015, the Lawyers Trust Fund (LTF) has received $1,007,829.21. “For the 1.8 million Illinoisans living in poverty, legal aid is the only realistic option when confronted with a serious legal problem,” said LTF executive director Mark Marquardt. “Unfortunately, legal aid groups are facing serious financial headwinds in terms of both state and federal funding, which make this new source of revenue even more critical.”
  • April 13, 2017 | People
    Joint Secretary of State and Supreme Court Restoration Project of Illinois Attorney Oaths Complete
    A long-term restoration project between the Illinois Secretary of State Jesse White’s office and the Supreme Court of Illinois has led to the discovery of some rare, historic documents involving famous and infamous Illinois attorneys. “I am pleased with the results of this project, which sought to restore and preserve a unique facet of our state’s history,” said White, who also serves as State Archivist. “Since 2010, the State Archives Department has been restoring attorney oaths for the Supreme Court. Approximately 142,000 oaths, some preceding the Civil War, have been restored.” Illinois Supreme Court Chief Justice Lloyd A. Karmeier said, “The Court recently had the opportunity to tour the State Archives and see, firsthand, the efforts being made there to conserve these important documents. Attorney oaths offer scholars, educators and students a very tangible, but very fragile connection to the lawyers who have helped shape our laws and the legal profession over the past two centuries. The Court is extremely grateful to the Archives for everything it has done to ensure that this irreplaceable record of the legal profession’s history is preserved and protected for future generations. The work done by the Archives’ staff has been nothing less than extraordinary.”
  • April 12, 2017 | Practice News
    The Basics of Student Discipline Reform Under SB 100
    Latasha Barnes of Land of Lincoln Legal Assistance Foundation, Inc. provides an overview of student discipline reform under Senate Bill 100. To learn more about SB 100 and student discipline, A Changing Landscape: Student Discipline 2016 is available online.
  • April 12, 2017 | Practice News
    Best Practice Tips: Client and Management Transition in a Larger Law Firm
    Asked and Answered  By John W. Olmstead, MBA, Ph.D, CMC Q. I am a member of the executive committee of a 75-attorney firm in Houston, Texas. We are a first-generation firm. Several of our founders are in their 60s and we have recently begun discussing succession planning and how clients and management duties will be transitioned. We would appreciate your thoughts in these areas. A. In larger firms, clients are more likely to be large, sophisticated clients, possibly Fortune 500 companies, which refer many matters to the firm during the course of a year. Often such clients may be both a blessing and a curse for the firm. A blessing in that their business provides the firm with huge legal fees during the course of a year. A curse in that their business represents a large percent of the firm’s annual fee collections and a significant business risk if the firm were to lose the client. An effective client transition is critical, takes time, and must be well planned. Successful client transition – moving clients from one generation to the next – is a major challenge for larger firms. Shifting clients is not an individual responsibility but a firm responsibility. To effectively transition clients, the individual lawyer, with clients, must work together with the firm to insure the clients receive quality legal services throughout the transition process. Both the individual lawyer and the firm must be committed to keeping clients in the firm when the senior attorneys retire. Potential obstacles include:
  • April 12, 2017 | Practice News
    'Airport Lawyers' and the Ethics of In-Person Solicitation
    "This past January, many newspapers carried stories of lawyers at airports, including O'Hare, offering assistance to immigrants and their families in light of the January 17 Presidential Executive Order on immigration," ISBA General Counsel Charles Northrup writes in the April Illinois Bar Journal. "The stories were often accompanied by photos of lawyers holding up hand-written signs saying things like 'Need a Lawyer?' or 'Lawyers Here to Help.'" As Northrup puts it, he is "burdened to view the world through the lens of legal ethics," and his first thought was, "Isn't this improper in-person solicitation?" Northrup explains that Illinois Rule of Professional Conduct 7.3, which governs in-person solicitation of clients, provides in subsection (a) that "a lawyer shall not by in-person, live telephone or real-time electronic contact solicit professional employment when a significant motive for the lawyer's doing so is the lawyer's pecuniary gain…."