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Law Firm Mergers Are Growing, Again!
As you may have read in a recent edition of The AmLawDaily, legal consultancy Altman Weil reported that our industry most likely will surpass the record 70 mergers reached in 2008. There are a variety of reasons driving this activity; however, regardless of which one or ones apply to your firm's influx of laterals, legal marketers can play an integral role in the new attorneys' success.
By contrast, failure to work with firm management at the outset to effect successful integration practices can more often than not result in laterals leaving. Although the statistics vary from study to study, as many as 45% of those new laterals leave the firm between three and five years. And as expected, that turnover statistic supports concern over the integration processes in place after the marriage.
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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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
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.