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The Voice of the Client: Nano Business Development
There has always been a technology arms race underway in the legal industry. The participants include law firms of all sizes, corporate clients, judges, law schools and even the infrequent average consumer. Law firms in particular usually are a step behind the latest technological advances since they are reticent to impose sweeping changes on their risk-averse and preservationist lawyer populations. When advancements do occur, it is frequently a reaction to an outside request such as the ability to file documents with the court electronically, or clients requesting online access to their documents and bills in real time.
Most firms began in the late 1990s to make investments in technology platforms that allowed them to be more proactive about how they ran their businesses. These investments included document management, client relationship management (CRM), advanced financial systems and time capture software. The common thread was using technology to collect, index and retrieve mountains of data and share them with internal and external audiences. However, sharing is usually all that occurred. Lawyers and managers ruminated on data with genuine curiosity, but action was not the final result. This has begun to change since the legal industry crash in 2008-2009 though the ability and willingness to make hard decisions based on accumulated knowledge is still in its infancy.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.