Posted in: LMICK Minute
February 21, 2024
LMICK Minute - Issue #42

News & Updates

LIMITED QUANTITY: Free Tickets Available to Insureds for An Evening with Goose Givens, March 6th

LMICK is proud to support the Kentucky Bar Foundation’s An Evening with Goose Givens on March 6th at the Lexington Downtown Hilton before the UK vs. Vanderbilt game. As a part of LMICK’s support for the event, we have a few tickets available we would like to pass on to our insureds. If you are interested, please email Courtney to coordinate. These tickets will be available on a first come, first served basis.

The event will feature Jack “Goose” Givens, member of the 1978 NCAA National Championship team, as he shares little-known stories about the championship and beyond. The event raises money for the KBF which provides grants to law-related programs and organizations across the Commonwealth. We hope to see you there!

LMICK Office Closed to Public: March 1st – 4th

LMICK is undergoing a computer system conversion beginning February 29th. To ease the burden on the staff managing the transition, the LMICK Office will be closed to the public on Friday, March 1st and Monday, March 4th. The office will reopen Tuesday, March 5th.

Please be patient with us during this time as there will be a delay in returning calls. If you have an immediate concern, please reach out via email to one of the following staff and request a call back for the quickest response.

  • To report a malpractice claim, use our online Claim Reporting Form
  • To report a cyber claim or for any claims questions, email This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.
  • For questions about your existing policy, email This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.
  • For questions about a new policy, email This email address is being protected from spambots. You need JavaScript enabled to view it.

We appreciate your understanding and look forward to providing even more efficient service with this system upgrade.



Practice Management

Beneficial Ownership Information Rule: Obligations of Lawyers to Clients and Firms

Many small businesses are now subject to the Federal Beneficial Ownership Information (BOI) Reporting Rule under the Corporate Transparency Act. Effective January 1, 2024, all companies affected by this law must report. For more information on who is required to report and the procedure for doing so, visit the Beneficial Ownership Information page on the FinCEN website. Please note, additional public comments have been requested through April 1, 2024 and further guidance may be on the horizon later this year.

There are stringent time restrictions, making it imperative that lawyers determine, sooner rather than later, what their responsibilities are with regard to current clients, former clients, and even their own firms. Click here for our article outlining these obligations.

Wire Fraud Continues to Impact Law Firms

Bad actors are continuing to target Kentucky lawyers for wire transfer scams. Often, law firms receive an email that looks legitimate—it appears just like any other email from the client or party to a wire transfer. Unfortunately, that spoof email provides new (fraudulent) wire instructions.

If you receive an email with new wire instructions—STOP! New wire instructions should always be treated with skepticism. Train everyone in your office to NEVER act on updated wire instructions sent via email. Using an independently verified phone number, call your contact and verify the wiring instructions. It is likely that their email system (or yours) has been compromised and your next call will be to your IT provider.

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.



Lawyer Well-Being

A Note From Robin: Why I Plunge

Our February installment comes from Lawyers Mutual’s CFO, Robin Raypole.

Long before cold plunges caught on as a wellness trend, I’ve been taking an annual icy dip. I’ve donned my finest attire (a ninja, a cowgirl, an actual cow, and a Hawaiian luau) and plunged into the frigid waters raising money for Special Olympics Kentucky and all they do to support their athletes here in the Commonwealth. My legacy firm (MCM CPAs & Advisors now Cherry Bekaert LLP) had a team, and I initially joined to do something a little bonkers (jump into the Ohio river in February!) and maybe to get out of working on a Saturday during busy season. I’ve been plunging ever since, and 2024 marks my 13th year!

I’m honored this year to not only be plunging for my first time as a Special Olympics of Kentucky Board Member, but as the leader of the Lawyers Mutual of Kentucky team for the second year in a row. Our team is small but mighty. Last year I was joined by our Marketing Director (Nancy Meyers) and a former Board Member (Kristen Cody), raising $2,259 in support of Special Olympics athletes! I’m excited to see what we can accomplish this year!

Actively participating in the support of non-profit organizations can boost our own well-being as we further a worthy cause. The Louisville Polar Bear Plunge is the largest annual fundraising event for Special Olympics Kentucky, a 501(c)(3) organization, and the funds from these events are what make the programs for Kentucky’s athletes possible. Please consider supporting the athletes (and your well-being) by joining our plunge team or, stay dry and support our team.

Know That Help is Always Available

If you are struggling with grief, sadness, anxiety, or any other emotion or stressor that is negatively impacting your daily life, please reach out for help. All Kentucky lawyers are eligible for four free visits with a mental health professional through the Kentucky Lawyers Assistance Program. For more information about the variety of confidential resources KYLAP offers, please visit



Upcoming Events

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 sponsoring events. We hope you can join us at one of these currently scheduled events (and make sure to come say hello)!


February 9: New Lawyer Program, Louisville

February 21-23: Winter Prosecutor’s Conference, Lexington

February 24: Polar Bear Plunge benefiting Special Olympics Kentucky, Louisville

February 28: FCBA Women Lawyers Assoc. Lunch with Justice Keller, Lexington

March 5: KBA Solo/Small Firm Practice Section CLE, Virtual

March 6: KBF’s An Evening with Goose, Lexington

March 15: Kentucky Defense Counsel Spring Meeting, Prospect

March 20: NKBA Small and Solo Section Monthly CLE, Covington

April 11: KJA Annual Ethics Day, TBD

April 13: KBA Young Lawyer’s Division Barrister’s Ball, Lexington

April 17: NKBA Small and Solo Section Monthly CLE, Covington

April 19: UK Worker’s Compensation Institute, Lexington

April 24-25: AAML/KBA Family Law Seminar

April 26: Women in the Law Summit, Cincinnati


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 would love to speak to your group! You can check out our updated list of available topics and request to schedule, here.

Angela Logan Edwards – President/CEO

Courtney Risk – Education & Engagement Specialist