Lawyers Mutual Put into Practice

July 2011

New Court Costs Effective August 1

The AOC sent an email memo July 25 with a note of additional legislative increases in Court Costs and Fees which become effective August 1, 2011. Click on the link below to read the AOC memo. The memo notes that the new cost chart REPLACES the cost chart that was effective July 1.

http://www.nccourts.org/Courts/Trial/Costs/Default.asp

Read more here

Family Law – Substantive Errors

In 2010, about 4% of all claims reported to Lawyers Mutual originated as a family law matter. The most common errors pertain to (1) a failure to preserve equitable distribution and/or alimony claims prior to the entry of a divorce judgment; (2) errors related to the division of retirement benefits; and (3) acting as “scrivener” preparing transaction paperwork that both parties will use to consummate their agreement.

The following article describes these and other common claims and solutions

Read more here

What Time is the 3:00 Parade?
by Camille Stell

According to Jeff Williford, a Disney Institute speaker at the recent Legal Marketing Association Conference in Orlando, "what time is the 3:00 parade?" is the second most asked question in the Disney World theme park.

Does this seem ridiculous to you? It certainly seems obvious that the 3:00 parade would begin at 3:00. But Jeff says that Disney cast members are taught to look at the question behind the question.

Read more here

Update From the President

As I meet insureds from across the state, a common theme in our conversations involves the sense of partnership with Lawyers Mutual. Many attorneys tell me about the financial contribution they made more than 30 years ago to form this company. All remember why we were created and are proud that they made Lawyers Mutual possible.

In addition to such services as a toll-free risk management hotline, free CLE and risk management resources on our website, we have returned a great deal of capital to our policyholders through dividends. From 1999 – 2006, we returned nearly $7m in capital to policyholders, or over $900 per insured attorney. If you read our Annual Report, you will know that from 2007 – 2009, we were unable to pay dividends due to unusual claim activity brought on by the financial crisis. In 2010, we showed significant improvement and believe we are on a good track this year.

As your mutual company, we have always pledged to offer services and benefits other companies are unable to match. We will not rest on our laurels, but are continuing to look for new ways to reward your loyalty and our partnership.

In this communication
New Court Costs Effective August 1
Family Law – Substantive Errors
What Time is the 3:00 Parade?
by Camille Stell
Update From the President
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