Lawyers’ Existential Ruin: Hackers Diverting Client Money Followed by Ethics Fallout

This ethics program looks at real cases of staggering losses due to hacking, phishing and spoofing fraud, and the large risks borne by lawyers when the client money is diverted. The program looks at ethics rules and resulting duties for lawyers to stay informed and on top of new technologies. And it looks at how phishing and spoofing hacks work as fraudsters try to intercept our settlements and transaction payments. From there, the program assesses what can be deemed terrifying case law, cases where law firms end up losing a client settlement to fraudsters and have to repay it again to the client. With a survey of case law, state and federal, as well as some appellate oral arguments, you will learn the governing tests and legal struggles. From there, this program will give you valuable practice pointers to protect your firm finances and client finances, with the latest case law and court tests to assess liability, all of which touches lawyer ethical obligations.