Following and abiding by the Colorado Rules of Professional Conduct can be challenging enough for an attorney, but issues can become even more complicated if you are practicing two professions. In the video below, Eric Nesbitt, a Colorado licensed real estate attorney and commercial real estate broker, covers ethical considerations involved with actively practicing dual […]
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As of Jan. 1, FDIC insurance available to IOLTA accounts will be $250,000 per owner of the funds (client), per financial institution, assuming that the account is properly designated as a trust account and proper accounting of each client’s funds is maintained. For the past two years, IOLTA and non-interest-bearing accounts enjoyed unlimited FDIC insurance coverage pursuant to Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. That provision was to be effective for two years with a sunset date of Dec. 31, 2012.
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It seems that at least once a week my business associate, Danette Lilja, and I experience conduct by our colleagues that causes us to exclaim to each other, “And we worry about committing malpractice!” Based on numerous instances we’ve witnessed committed by other attorneys just in the past few months, I wonder if we’re some […]
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Whether you are a newly licensed attorney or a seasoned professional, there is one thing you have in common with your peers—being asked for legal advice. Legal advice is your work product; it is how you’ve built your career and how you’ve made a living. Frequently, attorneys are asked for legal advice from all walks […]
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Some days I cynically think that I should answer my office phone, “Free Legal Information Central.” You probably have days like that, too. I just had one of those calls and it provoked me to gripe about it in this blog post. Here’s how it went: “BL Speer & Associates, how may we help you?” […]
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The American Bar Association (ABA) reported recently that law is the second-most sleep-deprived profession—second not to doctors, but to home health-care professionals. The ABA reported that home health aides sleep an average of six hours and fifty-seven minutes per night; lawyers sleep an average of seven hours—to which the popular legal blog Above the Law […]
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