Illinois Rule 756(e) requires Illinois attorneys to report their professional liability insurance status annually. Preparing for professional liability insurance renewal is critical in complying with this rule and protecting your law practice from potential risks.

Starting a law firm in Illinois requires a comprehensive understanding of the legal, business, and regulatory steps involved. Whether you are a seasoned attorney or newly licensed, setting up your practice successfully starts with a strategic plan.

Cybersecurity Awareness Month kicks off this October, the perfect time for legal professionals to reflect on the evolving cybersecurity risks of Illinois lawyers in today’s digital landscape.

Understanding Illinois legal malpractice is not just necessary but a powerful tool that every law firm owner can use to protect their firm and clients.

For law firms in Illinois, choosing the right practice management software (PMS) is crucial for streamlining operations and enhancing client service.

The significance of ethical management in the legal profession cannot be overstated. It is the bedrock of maintaining client trust and upholding the integrity of our profession.

Financial mastery is crucial for the success of any legal practice, particularly for those in Illinois, where unique market dynamics and regulatory requirements must be considered.

Regarding professional liability insurance for lawyers, two key concepts that every attorney should understand are the Retroactive Date and Extended Reporting Period (ERP). These terms are crucial in claims-made and reported policies, such as those offered by ISBA Mutual Lawyers Professional…

ARDC complaints can happen, and knowing how to handle them is crucial. At ISBA Mutual, we have consulted with our ARDC counsel to create a comprehensive guide on what to do if you receive one. Follow these steps to manage an ARDC complaint properly and protect professional integrity. An ARDC…

Professionalism takes on new importance in the era of Zoom court hearings. As we move further into 2024, virtual court proceedings have become a staple of our judicial system. Understanding how to conduct yourself properly in Zoom court is essential to avoid embarrassment and ensure your client's…

On August 13, 2021, Governor Pritzker signed Illinois Senate Bill 2179 into law, amending 735 ILCS 5/13-214.3. This vital legislation establishes a six-year statute of repose for claims against attorneys related to preparing an estate plan. ISBA Mutual Insurance Company delves into the details of…

Under Illinois Supreme Court Rule 756(e) (Disclosure of Malpractice Insurance), Illinois lawyers who represent at least one private client and do not report that they maintain malpractice insurance are required to complete the Proactive Management Based Regulation (PMBR) Self-Assessment Program…

Vicarious liability is a critical concern for legal professionals, especially when protecting against legal malpractice committed by other lawyers within a firm. Understanding the intricacies of vicarious liability and how to safeguard against it is essential for maintaining a reputable and secure…

With the City of Chicago and its southern suburbs bordering the Indiana state line and the Indiana cities of Terre Haute and Evansville so close to Illinois, it is commonplace for Illinois attorneys—either with a dual license or pro hac vice—to find themselves representing clients in Indiana courts…

Defense counsel provided by ISBA Mutual Insurance Company (ISBAMIC) successfully achieved a pivotal interpretation of the legal malpractice repose periods under Illinois Code of Civil Procedure, specifically §735 ILCS 5/13-214.3. In the landmark case, Snyder v. Heidelberger, the Illinois Supreme…

Starting September 1, 2011, the Illinois Supreme Court implemented significant amendments to Rule 1.15 of the Illinois Rules of Professional Conduct, focusing on the management of IOLTA trust accounts and the safekeeping of client funds. Lawyers, acting as professional fiduciaries, must adhere to…

Statutory limitation periods dictate the critical timelines for legal actions, but when exactly do these periods end? This question, particularly whether a statutory limitation period stated in calendar years ends on the anniversary date or the day before, has been a topic of considerable legal…