Our goal is to deliver an ALTA Best Practices Manual customized for your law firm and the way your firm operates, with minimal investment of time on your part. Best Practices Solutions offers different manual packages depending on the size of your law firm.
- Law Firm – Solo Practice – $1,795
- Law Firm – Small Firm (2-5 attorneys) – $1,995
- Law Firm – Large Firm (6 or more attorneys) – Please call to discuss special pricing.
ALTA Best Practices Manuals are not a “one size fits all” product. Since every law firm does things differently, we will need some basic information regarding the way your firm operates. After your firm hires Best Practices Solutions, we will schedule a short telephone interview with the law firm’s managing attorney or any other attorney or trusted staff member who is familiar with your firm’s administrative procedures relating to closings, trust accounting, computer security, document security, etc. . . If your firm already has policies or procedures in place, we will incorporate them into your customized manual. No need to worry if you don’t already have all of these procedures in place, we are happy to provide sample policies which can be modified to reflect the way your firm operates. If your firm uses a logo, we are happy to incorporate it into your manual at no additional cost.
Once we have the necessary background information, we will prepare an ALTA Best Practices Manual customized for your law firm. Each customized manual includes the seven “Pillars of Best Practices” suggested by the American Land Title Association (ALTA), together with your firm’s specific policies and procedures to implement each “Pillar.” Most manuals end up being more than forty pages, including appendices and logs.
Once completed, your manual (including all appendices and logs) will be emailed to you in PDF format which can be easily shared with any lender requesting a copy of your manual. We will include instructions for use of the manual and a suggested schedule for periodic review and updates (both required by most lenders). The most frequently changed appendices and logs will be sent to you in Microsoft Word format so you can keep it up-to-date and add or remove employees as your firm’s staffing changes over time.
