We all get the emails that offer to send us a lot of money if we will wire a bunch back to the client right away. Most of us are not idiots, so we mark the emails as spam and move on. But an alarming number of lawyers look at the same emails and think “sweet, a wealthy African prince wants to hire me!”
But federal investigators say the scams are so elaborate — and targeted to mimic the way many lawyers now get online client referrals — that attorneys continue to fall for them.
I was always told to wait at least 10 days after depositing a check into my trust account before disbursing any funds. Maybe these law firms should follow the same advice.
Read Despite Warnings, Lawyers Still Fall for Collection Scam on the WSJ Law Blog.