With this issue, we began a monthly column intended to promote new thinking about professional development in law firms.
Robert Clayman
With few exceptions, law firm mission statements espouse a deep and sincere commitment to excellence. The firm's lawyers and staff meet the highest standards of legal acumen: Knowledge, skill and service are unsurpassed at the local, regional or global level.
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The Copyright Royalty Board (CRB), which works under the umbrella of the Librarian of Congress, sets statutory-license royalty terms and rates. The U.S. Courts of Appeals for the D.C. Circuit recently issued two notable decisions about the CRB.
As quantum machines become more powerful, today’s uncrackable encryption schemes may become trivial to break. Opinions vary as to how soon that moment, so-called “Q Day,” will arrive, but the threat is real.
How do you communicate when you know the harm before you know its cause? For law firms, it comes up both when advising a client and when explaining an incident of their own.
The gap between what a firm bills and what it collects is not a collections failure. It is a design flaw in how the whole revenue cycle is wired, and clients armed with AI are now exploiting it faster than firms can respond.
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