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Career Journal: Professional Management
Law firms have a problem. As they merge and grow larger, they need to improve how they serve their clients and how they manage themselves. Their clients compare them with their accountants and consultants ' how they gather and share knowledge, how they set prices, how they manage projects ' and wonder why they lag. Faced with more competitive pricing and the consolidation of many law firms to create larger-scale national and global players, the pressure on infrastructure, processes and talent to support enhanced service delivery is mounting.
“The expectations are clearly higher ' clients are paying more attention to their legal bills,” says David Allgood, EVP and General Counsel of Royal Bank of Canada. “Law firms are trying to better project-manage, but in many cases it's just glorified budgeting.”
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New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
CLE Shouldn't Be the Only Mandatory Training for Attorneys
Each stage of an attorney's career offers opportunities for a curriculum that addresses both the individual's and the firm's need to drive success.