Law Firms Need to Look At Partnership Behaviors to Manage Profitability
May 01, 2021
In the decade ahead, the mechanism for offsetting the effects of external market forces on profitability will shift from changing partnership composition to transforming a partnership's behavioral norms, centering on how partners behave toward each other and help each other become the best possible version of their professional selves.
5 Critical Steps Down the Business Development Road
May 01, 2021
There is no question that a successful career in professional services requires an ability to generate new business. While acquiring the skills necessary to develop business is certainly a life-long journey, here are five critical elements to consider from the outset.
Underwriting Adjusts As Pandemic Continues
May 01, 2021
Underwriting clearly has been affected by the pandemic-led downturn. Lenders are using higher vacancies and reserves to underwrite, leading to more conservative loan proceeds.
Law Firms Should Take Advantage of Tenant Market Post-COVID-19
May 01, 2021
Due to COVID-19's impact, the commercial office market should fundamentally shift in favor of tenants for the next several years. Law firm tenants should find an environment characterized by friendly concessions, options across asset classes and price ranges, and limited competition for space.
How to Avoid 'Privacy Debt'
May 01, 2021
For many tech companies today, their products and business model require the collection and storage of data. At the same time, a failure to build adequate data protection technology, processes, and operations will continuously generate "privacy debt" for the business. The accumulation of this "privacy debt" can eventually turn away customers, attract regulatory penalties, and create an existential risk for the company.
Who Benefits, and Who Doesn't, from Returning to the Office
May 01, 2021
When the pandemic sent everyone home in March 2020, it was a seismic shift in work, but one that had a clear reasoning behind it, and, oddly, was remarkably uniform in execution for all involved. The return to the office is much more complicated, and it isn't just about logistics.
Gender Equity Is Part of DRI's DNA
May 01, 2021
DRI is leading the way for women to take hold of leadership positions, setting the standard for other industry organizations to follow suit.
Employment Law Considerations In Bankruptcy
May 01, 2021
This article addresses some of the relevant employment laws and litigation vulnerabilities that companies, including their owners, officers and directors, should consider before ceasing operations or filing for bankruptcy.
Fraudulent Transfer Claims In Claw Back Litigation
May 01, 2021
This article focuses on the basics of fraudulent transfer claims and solvency analysis in the context of lawsuits where a plaintiff is seeking to recover payments made prior to the bankruptcy case being commenced, sometimes referred to as "claw back" litigation.
