Galina “Allie” Petrova

Galina “Allie” Petrova is pleased to announce the opening of her law office.  The firm’s core practice areas are tax planning, tax controversy and business law.  Allie helps business owners navigate through lifecycle events involving formation, financing, operations and exit.

Allie earned her J.D. and LL.M. in Taxation degrees from the Georgetown University Law Center and her undergraduate degree from Greensboro College.  Before launching her practice, she practiced corporate law in Greensboro.  Prior to returning home to Greensboro, Allie advised clients on M&A tax matters in New York City.  To her law practice, she brings practical business experience in corporate treasury and financial reporting.  She is actively engaged in the Tax Section of the North Carolina Bar Association.

Allie can be reached at 336.310.1210 or petrova@petrovalaw.com.

With service and Bar initiatives and selection of nominees for District Court judgeships, we have a full agenda for 2016-17.  On local service and Bar initiatives, we are continuing our successful book project at Jones Elementary, local CLE/Colloquium offerings, annual fundraiser for Legal Aid, Herb Falk Society, Holiday Party at Elon, Second Chance Expungement project, and a day of service with multiple projects.  As the year progresses, we will feature details on each in this newsletter.

On statewide Bar initiatives, our first speaker will be Will Robinson, the Executive Director of the North Carolina Commission on the Administration of Law and Justice.  Chief Justice Mark Martin convened the North Carolina Commission on the Administration of Law and Justice (NCCALJ) in September of 2015 and charged its members to evaluate the North Carolina judicial system and provide recommendations for strengthening our courts. Commission members were drawn statewide from business, academia, the bar, the non-profit sector, the Legislature, and the Judicial Branch to ensure a well-rounded evaluation of the judicial system.  Each of the members serves on one of five NCCALJ committees studying the areas of civil justice, criminal investigation and adjudication, legal professionalism, public trust and confidence, and technology.

Presently, public hearings are being conducted throughout the state to obtain feedback from the public.  On August 3, 2016, over 100 people attended the hearing held at GTCC.  Overwhelmingly, comments were in favor of raising the jurisdictional age for non-violent juvenile criminal offenses and changing the process by which judges are selected.  The Committee will be taking comments through August 31, 2016 (information and forms are at http://nccalj.org/interim-reports/) and we encourage you to comment.

On the 18th Judicial District Bar front, we will be sending out notices in the near future announcing a joint 18th Judicial District/18H Judicial District Bar meeting to select 5 nominees for the District Court Judge position that has become vacant with the resignation of Judge Enochs.  As part of the meeting, we anticipate that we will also be submitting proposed amendments to both the 18th Judicial District Bylaws and the Bylaws for High Point’s 18H Judicial District to harmonize the Bylaws for both districts, allow notice by e-mail, and comply with section 7A-142 requirements for the selection process.

Your Board of Directors and Committee Chairs are already actively at work and, with your involvement, look forward to a productive year!

By Tom Kane (Reprinted from Tom’s LegalMarketingBlog.com dated June 9, 2016)

According to a survey by The BTI Consulting Group, only 40.1% of clients “recommend their primary law firm to a peer.” As bad as that statistic is, the good news is that it is better by almost 7% over the previous year, and better slightly than five years ago.  According to the survey it “still leaves more than half of all clients wanting.”

As I, and many others have consistently stated, clients hire lawyers they know, like and trust.  Clients consider not only the quality of the legal product, but also how the services are provided.  Referrals from satisfied clients is the “express lane” to more work and new business.

So, what should you do?  A few recommendations include:

Seek feedback (No. 3 on my list of Top Ten Marketing Tips)

Set goals that match those of the client

Invest in understanding the client’s business (a failing I’ve heard from clients over the years)

Don’t wait for the client to ask about succession plans

Educate the clients “in new, high-value topics” (off-the-clock I would add)

The good news is that more and more firms, according to BTI, are doing a better job of systematically adopting practices to “improve client service on a continuing basis.”

Are you and your firm doing the same?

Tom Kane is a member of the Greensboro Bar Association and former NC Assistant Attorney General. He has spent the past 30-plus years as an in-house legal marketer and consultant to law firms throughout the U.S. He is the author of LegalMarketingBlog.com. He can be reached at (386) 225-9612.

Over the last few weeks, Lawyers Mutual has received multiple reports of North Carolina attorneys who were targeted by scammers attempting to divert seller closing proceeds following real estate transactions.  Unfortunately, several of these attacks were successful and hundreds of thousands of dollars were stolen and are very unlikely to be recovered.

I’ve asked our claims attorney, Troy Crawford, to talk with me about what went wrong and how to prevent it.

Troy: While the details of the recent scams are emerging, it appears hackers first became aware of the closing by compromising email accounts of differing parties.  Sometimes the attorney account was compromised, sometimes the Seller’s account was compromised but the most common scenario was the Realtor’s account was being monitored by international criminal organizations.

Camille: Sounds scary. How does this scam work?

Troy: The foreign-based hackers would observe the account, likely for several weeks, and only actively intervene once an understanding of the business practices were obtained and a significant wire was to be produced.  In the interim, the unsuspecting Realtor would continue to use the account unaware his or her client and the closing attorney were being set up to be robbed.

Camille: What can lawyers do to avoid falling victim to the latest series of scams?

Troy: EVERY wire request should be verified and the more personal the verification, the better. The best way to verify wiring instructions is to have the Seller sign the wiring instructions at the closing ceremony in the presence of the attorney.  We know of no wire fraud which has taken place when this has occurred, and even if it did, the closing attorney would likely be insulated from liability by the doctrine of contributory negligence.

If the Seller is unable to attend the ceremony, we recommend the wiring instructions be included in the same package in which the deed is delivered.  In these situations, have the Seller sign wiring instructions and have the signature notarized, if possible.  Even then, we recommend the Seller verify the closing instructions over the telephone via a call initiated by the law office, using contact information from very early in the file prior to any discussion of proceeds and wires.

Confirming a telephone call verification via email is a good practice and a great way to document the file.  However, an email verification alone is inadequate.

If at all possible, do not accept changes to wiring instructions.

Camille: Many professionals are still using free email services such as gmail, yahoo, aol.com, and nc.rr.com. What are your thoughts about the risk with these free services?

Troy: If wiring instructions are attached to an email from a free email service (gmail, yahoo, aol.com, nc.rr.com, etc.) they should be assumed to be fraudulent and extra diligence should be taken in verifying their authenticity. Sometimes hackers will set up an alias account with a very similar name (frequently dropping or swapping letters) to send modified instructions so the authentic user is not aware of their presence.  Examining the account name in detail is a good idea; however, as the hacker already has access to the original account, he or she may be not take this step and will use the same account that all other correspondence used.

Attorneys should be using secure email. Secure email essentially means that an email travels from sender to recipient without interruption, alteration, or interception. It allows the recipient to be sure of the sender’s identify and the validity of any attachments to the email. Most free email services do not offer these protections that you pay for with secure email providers.  In addition, free email services are likely non-complaint with the ALTA Best Practices because of these major security concerns and the emails are likely being mined for data by their providers in violation of Rule 1.6 of the Rules of Professional Conduct.

If you are currently using a free service, immediate action should be taken to find a more secure and professional alternative.  In the interim, it is possible to see when and from where the free account was recently accessed.  Here is a link explaining how to do it for gmail accounts:  http://www.groovypost.com/howto/check-gmail-login-activity/ Other services should have similar abilities.  If you see suspicious activity, please immediately change account passwords and contact your professional liability carrier along with your cyber or crime carrier.

Camille: What are some other red flags?

Troy: Be very suspicious of wires going to any account that is not in the name of the Seller.  Also, be suspicious of any account with a geographic location different than the Seller.  Why is a North Carolina Seller relocating to New York sending a wire to Wisconsin? There are some reasons for the different names and odd locations, but these are red flags which should be explored in detail (and not via email).

Do NOT send wires overseas.  Once money leaves the United States, it is likely gone forever.

Finally, regularly change your passwords.

While these policies appear harsh, hacking crimes can be devastating to a law firm’s finances and reputation.  Explaining the policy up front to your clients is a good way to limit negative actions. Also, be sure to share this information with your support staff. Many paralegals are on the front line of communications concerning closing instructions.

Below is sample language Lawyers Mutual recommends to be included in your Seller engagement letter:

Funds Availability Policy.
It is our goal to make real estate commission checks and funds available as soon as practical following closing.  However, NC State Bar Rules expressly prohibit disbursing any closing funds prior to recording.  Should you request funds be wired, our office can accommodate the request for a fee of $___.00.   In order to prevent fraud and protect your proceeds, all wiring instructions must be will be verified and you will be required to sign the instructions at the closing ceremony.  THIS OFFICE WILL NOT ACCEPT CHANGES TO WIRING INSTRUCTIONS.

Camille Stell is the Vice President of Client Services and Troy Crawford is a claims lawyer for Lawyers Mutual. Continue this conversation by contacting Camille at camille@lawyersmutualnc.com or Troy at troy@lawyersmutualnc.com or 800.662.8843 for an in-house presentation on Cyber Security. Contact Adam Pierce, AAI, Director of P&C Operations with Lawyers Insurance for information on cyber insurance policies at adam@lawyersmutualnc.com.

The Wake Forest Law Review has named its annual banquet after Brooks Pierce partner Dan McGinn. The surprise announcement was made at the Law Review’s 2016 event, which was held April 15.

 Suzanne Reynolds, dean of the Wake Forest University School of Law, praised McGinn, recounting tales of his scholarship as a student and his success as a lawyer.

 “Our law school is incredibly proud of Dan McGinn, as I know his partners are,” Reynolds said. “He is an example of what we hope every student of the law will strive to be.”

dan mcginn

 McGinn, a labor and employment lawyer, received his bachelor’s degree from Wake Forest University in 1964 and his juris doctorate from Wake Forest University School of Law in 1967. He continues to give back to his alma mater, chairing the Wake Forest University School of Law Alumni Council from 1996-1997 and serving several terms as a member of the Wake Forest University School of Law Board of Visitors.

 “I was surprised and humbled to have received this recognition,” said McGinn. “Wake Forest University School of Law played such a significant role in shaping who I am as an attorney. It has been my privilege to give back to the school and its students, and I feel honored that the school would acknowledge me in this way.”

Brooks Pierce partner Ed Winslow was recently honored by the Greensboro Chamber of Commerce with its Denise E. Maleska Leadership Service Award. The award, which was presented at the annual Leadership Greensboro graduation dinner on May 18, recognizes an individual who has shown lifelong dedication to leadership and community service.

 “I am so pleased to be recognized in this way,” Winslow said. “It’s a genuine honor to be associated with Greensboro’s vibrant tradition of community engagement and its many, many servants and leaders. I am a member of a great law firm and I live in a great city. Trying to make a contribution is what you do when you have that.”

ed winslow

Since moving from Tarboro to Greensboro in 1974, Winslow has contributed to a number of local and regional community initiatives, boards and organizations. He has held leadership roles with Hospice of Greensboro, the United Arts Council, the Canterbury School, the Carolina Theatre Commission and the Greensboro Economic Development Partnership, among other organizations. He is currently the chairman of the Guilford College Board of Trustees, a role he was elected to in 2014 after joining the board in 2005.

 An attorney with more than 40 years of experience, primarily in banking law, Winslow served as managing partner of Brooks Pierce from 2000 to 2015. During his tenure, the firm grew in both size and reputation as the go-to firm for complex business litigation, constitutional controversies and sophisticated business governance, regulation, planning and transactions.

 “I could not think of anyone more deserving for this award,” said Reid Phillips, managing partner of Brooks Pierce. “Through his dedication and service to so many organizations, Ed helped to create a culture of community service at Brooks Pierce that has been embraced by so many of our attorneys. Ed has made a lasting impact on many community organizations, including our libraries, our arts programs, our professional associations, and our educational institutions. He is an outstanding example of the type of community leadership to which we should all aspire.”