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The Voice of the Client: Lateral Hiring and Integration
Yes, another article about lateral hiring. The continuing trend is invading our industry and, therefore, articles in our trade publications. Is the trend as prevalent as we read about every day? Yes, according to ALM's October 2012 report titled “Thinking Like Your Client: Strategic Planning in Law Firms.” The top three upcoming business strategies according to law firm leaders who participated in the research include: 1) Growing the firm; 2) Talent and acquisition and retention; and 3) Improving profitability.
The report also indicates that 96% of the participating law firms have prioritized “acquiring laterals” as part of growth plans in the next two years. Most, if not all, law firms a have a process, checklist and protocols to integrate laterals joining our firms. BUT, what about integrating the client?
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Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.