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LEGAL SALES QUESTIONS II. – QUESTIONS ABOUT YOUR FIRMIn the last post, we discussed the importance of preparing your team of attorneys for a pitch by researching the prospective client and being able to pose questioins to showcase your knowledge and commitment. The next step in effective law firm business development is being able to answer specific questions about yur firm. Clients are interested in determing how compatible your law firm would be with their business and how well you would be able to work together.Be prepared to answer the following in a meeting with a prospective client:- How do you typically provide information to your clients?- How can you support us in our dealings with the executives and board?- Have you ever done proactive and preventitive work?- How do you bill?- Can you provide litigation public relations and crisis communications?While you may already have answers to these questions, reviewing them with your legal team for consistency and updates is good practice. In your answers, it's important to be forthright. Your answers should assure them of your abilities and dedication to the work. By taking these steps to prepare for the RED ZONE, you'll be one step closer to “closing the deal.”In the next post, we'll be discussing the questioins the legal sales prospect might have regarding the future and your abilities to guide them through it.
LEGAL SALES QUESTIONS II. – QUESTIONS ABOUT YOUR FIRMIn the last post, we discussed the importance of preparing your team of attorneys for a pitch by researching the prospective client and being able to pose questioins to showcase your knowledge and commitment. The next step in effective law firm business development is being able to answer specific questions about yur firm. Clients are interested in determing how compatible your law firm would be with their business and how well you would be able to work together.Be prepared to answer the following in a meeting with a prospective client:- How do you typically provide information to your clients?- How can you support us in our dealings with the executives and board?- Have you ever done proactive and preventitive work?- How do you bill?- Can you provide litigation public relations and crisis communications?While you may already have answers to these questions, reviewing them with your legal team for consistency and updates is good practice. In your answers, it's important to be forthright. Your answers should assure them of your abilities and dedication to the work. By taking these steps to prepare for the RED ZONE, you'll be one step closer to “closing the deal.”In the next post, we'll be discussing the questioins the legal sales prospect might have regarding the future and your abilities to guide them through it.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.