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Ramped Up Internal Technology Is a Win-Win for Law Firms and Their Clients
Investing in digital solutions to enhance collaboration enables attorneys to practice law more efficiently, and business support to operate more effectively. If done right, internal technology investments can increase productivity, decrease the potential for human error and increase profits.
Knox Design Strategy has observed the increasing level of implementation of new or updated internal — and often public-facing — applications for law firms. These law firms are recognizing, and then realizing financially, that digital tools are a path to getting work done faster and more collaboratively and additionally providing value to their clients. Digital tools further present opportunities for law firms to distinguish themselves from their competition.
This article identifies why investing in digital tools and applications is more important today than ever and provides examples and potential questions law firms should contemplate.
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How Secure Is the AI System Your Law Firm Is Using?
In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
Fifth Circuit Rejects Majority 'Independent Economic Value' Test for Infringement Damages
Most of the federal circuit courts that have addressed what qualifies either as a "compilation" or as a single creative work apply an "independent economic value" analysis that looks at the market worth of the single creation as of the time when an infringement occurs. But in a recent ruling of first impression, the Fifth Circuit rejected the "independent economic value" test in determining which individual sound recordings are eligible for their own statutory awards and which are part of compilation.
The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.
AI Governance In Practice
Regardless of how a company proceeds with identifying AI governance challenges, and folds appropriate mitigation solution into a risk management framework, it is critical to begin with an AI governance program.
Authentic Communications Today Increase Success for Value-Driven Clients
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.