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Maximizing Value in a Software Driven World
Over the last decade, technology has at least conceptually moved from a supporting role to a central role in the legal industry. Law firms market their technology prowess and clients demand investments in systems and expertise to leverage technology on their behalf. It won't surprise any trainers out there, however, to read that law firms continue to face difficulty maximizing effective user behavior, mandating adherence to policies, and even encouraging attendance at training. That difficulty seems to be particularly apparent among attorney users. Client pressures on rates, proliferation of alternative fee arrangements, commoditization of legal services by alternative service providers, mandates by the Bar, and the fear of being called out by a client or a judge for a lack of competence in this area all encourage acceptance of the need for change, but making that happen in a profound way at an institutional level is a challenge.
The 2011 New York State Bar Association Report on the Task Force on the Future of the Legal Profession framed that challenge nicely, saying that we need to “redesign the way that we work so that technology is fully integrated into our workflow in an efficient and effective manner.”'Law firm management has been catching the drift, and 81% of the respondents in a 2013 PwC Law Firm Survey said their top business and support priority for 2014 and beyond was to improve the use of technology. With 80% of respondents in the same survey identifying their top priority in the current year as the need to implement or upgrade IT systems, you can extract some sense of the shift happening here.
Behavioral change in the workplace inevitably begins in earnest when there is tension: a push and a pull, a carrot and a stick, some honey and ' well, you get the idea. This has also been the case with legal technology adoption and training.
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.