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Consider P-Cards to Directly Enhance the Bottom Line
The economic environment is driving a healthy review of cost structure and process across all industries, and law firms are not exempt. In our industry, reduced acceptance of pass-through expenses by clients, staff reductions, and revenue/profit pressure are catalysts for change in how law firms interact with their suppliers. In efforts to increase transparency, manage demand, and streamline back-office operations, law firms are looking at automation opportunities within the procure-to-pay cycle. A well-defined Purchasing Card (“P-Card”) program is one tool available to law firms which requires little or no upfront investment, yet yields many of the controls, efficiencies, and transparencies that law firms and their clients seek.
P-Cards are a form of a corporate credit card that provides organizations with flexibility and convenience to purchase goods and services with greatly enhanced control and reporting capabilities. Law firms may use P-Cards as the payment method for all types of expenditures, including court room services support, courthouse fees, office supplies, IT hardware, travel, and other overhead expenditures. P-Cards streamline purchasing and payment, automating traditional paper-based purchase order, invoice, and check creation without loss of visibility or control.
Process Efficiency
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Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.