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<b><i>Case Study:</i></b> Online Practical Guidance Resource Gives Business Lawyer a Competitive Edge

By Vivian M. Williams
August 30, 2012

Business law is one of the widest fields in the legal industry, requiring attorneys to have specific knowledge of dozens of areas in order to best service their clients. On a given day, we may advise clients on a broad variety of issues, be it incorporating or buying a business, partnership agreements, real estate purchases or trademark protection. Each situation requires a nuanced understanding of current practice, the rules and regulations, and the implications for our business clients as well as the preparation of specific contracts and forms.

In large firms, lawyers can take advantage of a pool of experts, support staff and information resources to prepare for and handle these often very diverse client tasks. However, the majority of lawyers in the business arena have a small staff, little time, and limited resources to tap when it comes to getting up to speed on new topics, drafting documents and agreements, and preparing for client meetings.

Over the course of recent years, the Internet has made more and more information on best practices, model documents and legal forms available to lawyers. Yet, the challenge has been sorting out the “best in class” advice and up-to-date documents from myriad sources on the Web in a quick and efficient manner. My firm, Vivian M. Williams & Associates, has seen tremendous benefits in practice efficiency and quality of client counsel since we've started using a practical guidance tool from LexisNexis called Lexis Practice Advisor, a Web-based resource that brings together all information and documents needed to handle specific transactions.

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