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Professional Development: Training the New Crop of Incoming Associates
The practice of law has transformed and expanded over the past 20 years. The profession has shifted to become more client focused, associates are entering at higher salaries and firms are pressured to be more efficient. All this adds up to the necessity for new associates to be productive sooner. However, young lawyers do not learn to practice law in school. They learn to do research, cite cases and think logically, but they are missing practical application of the law. This must be taught by senior lawyers. The following is a step-by-step guide for attorneys who finds themselves responsible for training new lawyers.
|Adult Education
Teaching adults is not like teaching children and teaching attorneys is not like teaching other adults. Education for a billable-hour-conscious person must be direct, concise and immediately useful. Attorneys have many roles and responsibilities on the job: researcher, information giver, writer, advocate, negotiator, counselor and problem-solver. They apply their knowledge and skill daily, and they enter training opportunities voluntarily. Attorneys do not want to waste their time with training that they perceive as having no value. Attorney training must be well-defined, goal oriented, and applicable to their practice.
Within the many philosophies of adult education, there stands the one that directly encompasses lawyers: organizational effectiveness. In the United States, a large segment of adult training is conducted in business and industry, most of which is geared toward the bottom line and is concerned with teaching skills that improve profitability. All training conducted in the context of a law firm is for the purpose of improving client relationships and subsequently increasing revenues.
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'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
How Secure Is the AI System Your Law Firm Is Using?
In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
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Pleading Importation: ITC Decisions Highlight Need for Adequate Evidentiary Support
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
Compliance and Third-Party Risk Management
To gauge the level of risk and uncover potential gaps, compliance and privacy leaders should collaborate to consider how often they are monitoring third parties, what intelligence they are gathering with and about their partners and vendors, and whether their risk management practices have been diminished due to cost and resource constraints.