Posted in: LMICK Minute
May 17, 2023
LMICK Minute - Issue #33

News & Updates

LMICK Annual Shareholder Meeting June 22, 2023

Policyholders are cordially invited to attend the LMICK Annual Meeting being held in-person during the KBA Convention in Lexington, Kentucky. We hope you will join us either in-person or by zoom. Meeting details are as follows:

Thursday, June 22, 2023, at 8:00 a.m. (EST)

Hyatt Regency – Lexington
The Kentucky Room (Lower level of the Hyatt Regency)
401 W. High Street
Lexington, KY 40507

With Video:
Audio only: 1 (312) 626-6799
Meeting Number: 893 7376 5268
Password: 689225

Make Your Vote Count: Complete Your Proxy Voting Via Intelliscan, Inc.

On Monday, May 15th, you should have received an email from This email address is being protected from spambots. You need JavaScript enabled to view it. with a direct link to your electronic proxy to vote on matters, including four directors. Please review the proxy statement provided with that email for more information about the vote.

Please complete the proxy form at your earliest convenience so we can make sure your vote counts! If you have not received the Intelliscan email, please check your junk or spam filters. If you have any questions about the proxy email, please reach out to This email address is being protected from spambots. You need JavaScript enabled to view it. or call the office at 502-568-6100.

ABA Experiences Data Breach

The ABA announced a cyber breach that accessed usernames and “hashed and salted” passwords to a prior website. Although the breach appears limited, the ABA reported this to impacted individuals out of an abundance of caution. If you were an ABA member that accessed the prior member website (before 2018) or have accessed the ABA Career Center after 2018, you are encouraged to updated your credentials. You are also encouraged to update your credentials for any other websites you have used the same or similar log-in information.



Practice Tips

Bank Failures & Trust Accounts: What Are A Lawyer’s Responsibilities?

Following recent bank failures in other jurisdictions, many attorneys are left wondering about their obligations related to client trust accounts. Kentucky Rule of Professional Conduct 1.15, Comment 1 informs lawyers that they are to “hold the property of others with the care required of a professional fiduciary.” For more information on the requirements of a fiduciary as it relates to client trust accounts and deposit insurance, click here. If you have specific questions about your ethical duties related to client trust accounts, please contact the KBA Ethics Hotline.

Wire Fraud Continues To Be Problematic For Lawyers

A negligence lawsuit was filed against a lawyer in Connecticut after the lawyer sent part of the proceeds from a home sale to a fraudster’s bank account. The correct wire instructions for paying off the mortgage were sent on August 10, 2022. However, his paralegal received new instructions via email before the wire was sent. The new instructions directed payment to a new account—one controlled by the fraudster. The lawyer failed to confirm the changes with the payee and wired $159,000 to the incorrect bank account.

This lawsuit serves as a good reminder of the need to ensure good wire transfer procedures are in place. Train your team to spot the red flags; new wire instructions should always be treated with skepticism. Verify wire instructions by phone through independently verified phone numbers.

Reminder: Your LMICK policy includes access to several cyber security risk management resources to help your firm implement good security practices. Detailed log-in information is inside your LMICK Policy Folder. Contact This email address is being protected from spambots. You need JavaScript enabled to view it. to discuss any coverage or log-in questions.



Wellness Corner

Mental Health Awareness Month: Share How We Are All #MoreThanEnough

May is Mental Health Awareness Month. The National Alliance on Mental Health (NAMI) launched a social media campaign to encourage individuals to acknowledge and celebrate how they are #MoreThanEnough. NAMI provides a list of sample posts on their website but two seem particularly applicable to struggles many lawyers may face:

REMINDER: Your worth is not measured by your productivity. You deserve love and healing just as you are. You are #MoreThanEnough.

If someone you love is going through a hard time, you don’t need to have all the answers. Just being there is #MoreThanEnough.

Click here more resources from NAMI. Remember you can always reach out to KYLAP on behalf of yourself or a colleague for confidential assistance in addressing mental health issues.

When Was the Last Time You Had a “Do Nothing Day”?

In honor of Well-Being In the Law Week earlier this month, Aaron Wallace with Florida Lawyers Mutual discussed the importance of having a “do nothing day” from time to time. Although many lawyers may struggle with stillness, we all need a day of respite to re-energize ourselves. Check out his article and tag us on LinkedIn to share how you will incorporate a “do nothing day” into your routine.



Upcoming Events

Free Ethics CLE:
Bar Discipline 101: The Dos and Don’ts of Responding to a Bar Complaint
May 23, 2023, 1:00-2:00 p.m. EST
1.0 hour of Kentucky CLE Ethics credit

For our second quarter CLE, we are excited to welcome Charles “Buzz” English, Partner at English Lucas Priest & Owsley, LLP in Bowling Green and LMICK Board Member. Buzz has extensive experience representing lawyers who are navigating disciplinary issues and will provide attendees practical tips for navigating the process.

Lawyers that receive a bar complaint experience a wide variety of emotions including fear, panic, stress, and anger. This session will provide lawyers with an overview of the disciplinary process, including the 2022 updates to the rules governing same. It will also address the need to obtain counsel so lawyers can respond rationally and effectively to a charge of attorney misconduct. Attendees will be better prepared for if—or when—they receive a bar complaint. Click here to register, today!

KBA Annual Convention: Registration Now Open!

LMICK is looking forward to the 2023 KBA Annual Convention in Lexington on June 22nd and 23rd. LMICK staff and board members will be presenting in multiple sessions and we are excited to bring these programs to you!

The KBA Annual Convention is now only two days with additional CLE credit available on-demand. Registration is now open for both the in-person session to be held June 22 & 23 at the Central Bank Center in downtown Lexington, as well as the on-demand programming. We hope to see you there!

We look forward to seeing you!

LMICK is proud to support the organizations that support you and your work! We will be out and about this fall, leading CLEs and tabling events. We hope you can join us at one of these currently scheduled events (and make sure to come say hello)!


MAY 18-19:  Bowling Green Warren Co. Bar Association CLE Event
MAY 20:  KBA Young Lawyers Division Barrister’s Ball, Lexington
MAY 23:  LMICK Second Quarter CLE, virtual
Bar Discipline 101: The Dos and Don’ts of Responding to a Bar Complaint
JUN 1-2:  KJA Two Day Auto Summit, Louisville
JUN 8:  McCracken Co. Bar Association CLE
JUN 12:  Louisville Bar Association, CLE Webinar
JUN 15:  Kentucky Agency Seminar, Old Republic National Title, Louisville
JUN 15-16:  KJA Women Trial Attorney’s Retreat, West Baden, Indiana
JUN 22-23:  KBA Annual Convention, Lexington
JUN 28:  Fayette County Bar Association Bench & Bar CLE, Lexington

We want to hear from you! Have a CLE topic you would like to see? Send suggestions to This email address is being protected from spambots. You need JavaScript enabled to view it..

Need a CLE Speaker? We are scheduling ethics CLEs for and dates through June 2023 are almost gone! We would love to speak to your group! You can check out our updated list of available topics and request to schedule, here.