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Hearsay 10-2021

Friday, 21 May 2021

Hearsay 10-2021

Hearsay is the Law Society's fortnightly e-newsletter, sent out to all members. Reproduced here is the news section of Hearsay — other sections have been omitted.

Email scam hits another firm

Another email scam has affected a local firm, resulting in a payment of approximately $32,000 being made from the trust account to a fraudulent external bank account.

These email scams are incredibly hard to spot, often written with the correct grammar and tone that makes the firm believe it is from the appropriate person. Firms are reminded to take extra precautions and revisit their internal processes before transferring funds to external bank accounts.

Many firms have warnings in their email signature blocks asking clients to contact the firm by phone to confirm payment details before paying into the law firm’s accounts. Firms should ensure they employ the same check before processing online payments to clients.

Courts update

Coming to Court videos

The ACT Courts and Tribunal has recently released two new videos to assist persons ‘Coming to Court’ and for those requiring ‘assistance whilst attending the ACT Courts and Tribunal’.

ACT Supreme Court Notices to Practitioners

Gallaghers no longer offering PII insurance in the ACT

The Law Society has been advised that Gallaghers will not be offering PII in the ACT from 1 July 2021. Their other insurance services are unnaffected. Gallaghers will continue to manage claims, and assist scheme members in whatever way possible, at least until 30 June. For information about this development, or claims issues, please contact Gavin Lee on gavin.lee@ajg.com.au.