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Most Firms Feel Assured in Cybersecurity Abilities, But Is That False Confidence? Image

Most Firms Feel Assured in Cybersecurity Abilities, But Is That False Confidence?

Ricci Dipshan

Law firms are increasingly confident in their cybersecurity capabilities, despite many falling short of adequate breach response preparation.

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Mastering the Art of Self-Promotion Image

Mastering the Art of Self-Promotion

Carol Morganstern

Hard work alone will not propel your career forward to its highest possible level; you are going to need to be savvy at the art of self-promotion. This includes going outside of your firm to get new clients and letting those inside your firm know about your accomplishments to propel you up the corporate ladder.

Features

The Power of Monitoring for Recovering Lost Revenue Image

The Power of Monitoring for Recovering Lost Revenue

Tom Baldwin

Realization has hit an all-time low of 83%, plunging from 93% just a decade ago. Most firms are building pricing groups as the place to start addressing this pain. This is certainly a good starting point, but if your firm is pricing and not monitoring, you've actually got a problem.

Features

AI and the Law: The Paradigm Shift Hits the Fan Image

AI and the Law: The Paradigm Shift Hits the Fan

Pamela Woldow

In its astonishing "Free the Law" project, Harvard has teamed up with a California start-up called Ravel Law to digitize every state, federal, territorial and tribal judicial decision since colonial times by feeding over 40 million pages physically cut from the books shelved in the Harvard Law Library into a high-speed digital scanner.

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True Partnerships Reward Partner-Like Behavior Image

True Partnerships Reward Partner-Like Behavior

Steven J. Harper

A true partnership requires a compensation structure that rewards partner-like behavior — collegiality, mentoring, expansion and transition of client relationships to fellow partners, and a consensus to pursue long-term strategies promoting institutional stability rather than maximizing short-term profit metrics.

Features

Mastering the Art of Self-Promotion Image

Mastering the Art of Self-Promotion

Carol Morganstern

Self-promotion makes many people uncomfortable and unsure. However, to really maximize your hard work as a lawyer, you need to let the world know about your successes — and nobody can do it all for you.

Features

Elite Law Firms Increasingly Suing Clients to Collect Fees Image

Elite Law Firms Increasingly Suing Clients to Collect Fees

Christine Simmons

In an era when demand for legal services is softening, the country's largest firms are increasingly going to court and arbitration against their former clients to collect fees in what consultants say is the "new normal."

Features

Estate Planning for the Digital Afterlife Image

Estate Planning for the Digital Afterlife

Patrice P. Jean & Vanessa Ann Woods

This article discusses the importance of accounting for digital assets in an estate plan, provides practical considerations for handling their disposition after death, and describes the current state of the law for the handling of digital assets after death.

Features

Law Firms Struggle With Lateral Partner Due Diligence Image

Law Firms Struggle With Lateral Partner Due Diligence

Rebecca Cohen

Firms place a lot of weight on lateral hiring, but many of them aren't very good at it.

Features

The Human Factor In Information Security Image

The Human Factor In Information Security

Michael Kemps & Kimberly Pease

No one can deny that cyberattacks are the new norm. Such risks will increasingly challenge our ability to operate our businesses. In the world of cybercrime, everyone — from individuals to nation-states — is a target. However, some targets are more alluring than others.

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