CNA - New reporting required in the Corporate Transparency Act

In this month’s article, we provide a heads-up for those attorneys not already versed on the changes to the Corporate Transparency Act (CTA) coming on January 1, 2024. Congress decided it was necessary to create mandatory beneficial ownership information (BOI) reporting requirements and, despite the American Bar Association’s best efforts,... Read more →


CNA - Conducting due diligence on clients and the duty to inquire

The client intake process provides the first opportunity to decide if you want to take on that client and to eliminate and examine potential red flags. The newly amended Rule 1.16(a) of the American Bar Association’s (ABA) Model Rules of Professional Conduct and its Comments provide guidance on conducting due... Read more →


CNA - Lessons from legal malpractice allegations in popular podcasts

Legal malpractice allegations have overlapped with mainstream entertainment due to the wide proliferation of podcasts. Attorneys may be persecuted in the “court of public opinion” as a result. CNA’s Risk Control team has compiled resources and valuable lessons in this month’s article to help attorneys mitigate risks associated with these... Read more →


CNA - Best practices for third-party legal opinions

The legal opinion practice has established itself as a commonplace, especially in certain practice areas. A third party benefits from the legal opinion rather than the client. Offering legal opinions may result in potential disciplinary issues and/or third-party legal malpractice actions. Learn about the best practices for third-party legal opinions... Read more →


CNA - Risk Alert: Artificial Intelligence and ChatGPT: Friend or Foe to the Legal Profession?

While the true impact of artificial intelligence (AI) on the legal profession is still being written, attorneys must be aware of the effects it may have on their practice. At a minimum, law firms should carefully balance the risks of implementing AI, such as ChatGPT, against any expected benefits. This... Read more →