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Though traditionally considered laggards when adopting new technology, law firms have recently started to explore new tricks to fortify performance across their organizations. While this evolution is critical to a firm’s survival, it’s important that firm administrators understand that substantive improvements are only possible through multi-directional change. Some firms have begun to leverage cutting-edge technology, such as business intelligence solutions, to reveal stories within their data, craft strategy, and augment decision-making.
Basic Tax Issues for Social Media Influencers
By Robert M. Jason
This article provides a general introduction to social media influencers and discusses common tax issues arising on the income side of the equation. What is taxable income? What happens if the influencer’s compensation is paid in equity?
The Importance of Social Skills: Technology and Data Are Not Enough to Grow Your Firm’s Business
By Jamie B. Field
Data is taking over our lives. And preceding that is all of the applications and technology that exists that helps us measure that information. But technology and data are not going to be the only growth drivers of a firm in the future. What’s going to become most important in the face of the technological changes that are occurring in law firms is a lawyer's "soft-skills."
Law Firms Tackle Mental Health, 1 Initiative at a Time
By Dan Packel
Forty firms out of the Am Law 200 offered details on the steps they’re taking to improve mental health and wellness among attorneys and staff.
The Time to Improve Administrative Performance Is Now
By J. Mark Santiago
This article focuses on what a firm can do now that will improve future firm economics regardless of what the future may hold, identifying three areas that offer the great opportunity for improving a law firms’ economics and better positioning them for whatever the future may bring.
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