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The year 2010 was another challenging one for the legal services community nationwide, though there have been some signs of stabilization. Law firms and lawyers alike are still mired into figuring out how to manage their practices to retain top talent, strengthen ongoing client relationships, and expand upon the business they currently have. And, don't forget, to make a profit while accomplishing all those tough tasks. Even more of a question for law firms, it seems, is how to adjust their standard operations and approach to become more client-centric. We read over and over how client service has risen as a top priority on the radar of most firms, as it should be (finally).
For our first issue of 2011, we have identified five key areas which continue to trend high in relevance to firms and legal marketers and asked some of the legal marketing profession's top experts to provide insights and perspectives on where the legal services market is heading in the following:
The year 2010 was another challenging one for the legal services community nationwide, though there have been some signs of stabilization. Law firms and lawyers alike are still mired into figuring out how to manage their practices to retain top talent, strengthen ongoing client relationships, and expand upon the business they currently have. And, don't forget, to make a profit while accomplishing all those tough tasks. Even more of a question for law firms, it seems, is how to adjust their standard operations and approach to become more client-centric. We read over and over how client service has risen as a top priority on the radar of most firms, as it should be (finally).
For our first issue of 2011, we have identified five key areas which continue to trend high in relevance to firms and legal marketers and asked some of the legal marketing profession's top experts to provide insights and perspectives on where the legal services market is heading in the following:
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During the COVID-19 pandemic, some tenants were able to negotiate termination agreements with their landlords. But even though a landlord may agree to terminate a lease to regain control of a defaulting tenant's space without costly and lengthy litigation, typically a defaulting tenant that otherwise has no contractual right to terminate its lease will be in a much weaker bargaining position with respect to the conditions for termination.
What Law Firms Need to Know Before Trusting AI Systems with Confidential Information In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
GenAI's ability to produce highly sophisticated and convincing content at a fraction of the previous cost has raised fears that it could amplify misinformation. The dissemination of fake audio, images and text could reshape how voters perceive candidates and parties. Businesses, too, face challenges in managing their reputations and navigating this new terrain of manipulated content.
A recent research paper offers up some unexpected results regarding the best ways to manage retirement income.