Page 1 of 1

Safeguarding against Wire Fraud within the Law Firm

Posted: Thu Jul 27, 2023 2:32 pm
by Anonymous User
For small & mid-sized law firms/boutiques, can you share some advice and software you use to help safeguard clients' funds from a trusted (but would-be con artist) employee? What are other strict and successful measures to maintain financial oversight? How do you quickly comeback from that shameful and traumatizing incident in the event of a breach?

This forum topic is in light of the recent case involving a paralegal accused of embezzling over $1.5 million from a local law firm in North Carolina. The outcome of this case will have far-reaching implications for the legal profession.

Re: Safeguarding against Wire Fraud within the Law Firm

Posted: Mon Jul 31, 2023 9:05 am
by msft
There's a guy Sam Bankman Fried who sells a nice fraud prevention software. I believe he's in Palo Alto.