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Features

ABA Issues New Ethics Opinion On Billing for AI-Supported Work Image

ABA Issues New Ethics Opinion On Billing for AI-Supported Work

Mimi Lamarre

A new American Bar Association ethics opinion touches on what has been a risky business area for Big Law in the emergence of generative AI: billing and fees related to AI-supported legal work.

Features

LJN Quarterly Update: 2024 Q2 Image

LJN Quarterly Update: 2024 Q2

ssalkin

The LJN Quarterly Update highlights some of the articles from the nine LJN Newsletters titles over the quarter. Articles include in-depth analysis and insights from lawyers and other practice area experts.

Features

Leveraging Law Firm KPIs for Business Success Image

Leveraging Law Firm KPIs for Business Success

Peter Oliva

Utilizing Key Performance Indicators (KPIs) in a law firm is crucial for evaluating performance, profitability, client satisfaction, and overall success. Understanding which attorneys are the most profitable, which matters are the most lucrative, and the cost of acquiring new clients is crucial for making informed business decisions.

Features

Staying Nimble and Embracing Values Are Essential for Mid-Size Law Firms' Survival Image

Staying Nimble and Embracing Values Are Essential for Mid-Size Law Firms' Survival

Michael Ferachi

In the ever-evolving legal landscape, mid-size law firms find themselves at a critical juncture. Seismic shifts, accelerated by the pandemic, have reshaped the very fabric of our industry. Now, more than ever, agility, innovation, and a steadfast commitment to meeting client needs are not just desirable traits, but essential for business survival.

Features

5 Ways AI Can Strengthen Revenue Generation and Client Relationships Image

5 Ways AI Can Strengthen Revenue Generation and Client Relationships

Jody Glidden

Maintaining consistent communication with clients can be time-consuming for most law firm professionals. Balancing this task with other competing responsibilities becomes challenging when case management, administrative duties, and strategic planning also demand the lawyer's attention. The time has never been better for firms to start introducing technology, like AI, to improve their overall business.

Features

CLE Shouldn't Be the Only Training Mandatory for Attorneys Image

CLE Shouldn't Be the Only Training Mandatory for Attorneys

Sharon Meit Abrahams

State law bar associations mandate Continuing Legal Education (CLE) for attorneys to ensure that legal professionals remain informed of the evolving laws and to maintain a high standard of professional competence. Unfortunately, "how to be successful" is not taught in law school nor approved as a CLE topic.

Features

Diversity Gains Continued, But Slowed, In 2023 Image

Diversity Gains Continued, But Slowed, In 2023

Dan Roe

Results from American Lawyer's Diversity Scorecard The pace of growth slowed for representation of diverse attorneys in 2023, but every underrepresented group still made gains.

Features

Adequate Tech Budgets Are Essential For Effective Marketing Department Performance Image

Adequate Tech Budgets Are Essential For Effective Marketing Department Performance

Deborah B. Farone

Adequate investment, especially for marketing technology, enables departments to function effectively. Unfortunately, this funding is often insufficient. Technology without support is like installing a lightbulb in a home that has no electricity.

Features

Majority of U.S. Law Firms Plan to Change Real Estate Footprint Over Next Two Years Image

Majority of U.S. Law Firms Plan to Change Real Estate Footprint Over Next Two Years

Brenda Sapino Jeffreys

Roughly 85% of U.S. law firms plan to change the size of their real estate portfolio over the next two years, with more than half expecting to add space and about a third planning to reduce it.

Features

LJN Quarterly Update: 2024 Q1 Image

LJN Quarterly Update: 2024 Q1

LJN Editorial Staff

Highlights some of the in-depth analysis and insights from lawyers and other practice area experts from the nine LJN Newsletters titles over the first quarter of 2024.

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