Understanding Concentration Risk

Concentration risk is a term you’ve probably heard before, but perhaps haven’t thought much about. In this post we discuss why depositors should understand what it is and offer tips for keeping your organization’s funds safer.

Considerations for Law Firms Managing Client Funds

At some point, all lawyers will find themselves in a situation where they will need to manage client funds. This can include advance payments, settlement checks, or expenses. Legally, acting as a fiduciary for your client means that you must manage funds carefully to remain compliant.