Equity Line of Credit: Failure to Properly Cancel

Do you remember the movie, Goundhog Day? In the movie, a TV weatherman, Phil Connors, (played by Bill Murray) wakes up in Punxsutawney, PA to find himself repeating Groundhog Day over and over again.

Will Graebe, our Vice President of Claims, finds himself in a similar situation. No matter how much we talk about this particular potential claim, lawyers continue to report their failure to properly close an equity line of credit.

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New Year Resolutions for Managing Your Law Firm

The New Year is the perfect time for a fresh start and to put a new plan in place. Here are a few tips on law office management to help you get started.

One New Year’s resolution is to cultivate a positive work environment. As long as you have to work, make your office a place where you and your staff enjoy spending your days. In times of financial difficulties, raises and bonuses are often not options. What else can you do to show appreciation to your attorneys and staff? How about flexibility in work hours and location?

A Little New Year Humor

  • " People are so worried about what they eat between Christmas and the New Year, but they really should be worried about what they eat between the New Year and Christmas." Unknown
  • "New Year's Day: Now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual." Mark Twain
  • "Many people look forward to the New Year for a new start on old habits." Unknown
  • "An optimist stays up until midnight to see the New Year in. A pessimist stays up to make sure the old year leaves." Bill Vaughn