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Obstacles to Overcome So Attorneys Can Train Others
Last month's article, Training the New Crop of Incoming Associates, addressed adult learning theory at a 30,000-foot level. This article delves deeper into what firms can do to support their attorneys who lead training initiatives such as on-boarding new associates, delivering substantive knowledge, designing skill development training or any other aspect of professional development in the legal field. As noted in the previous piece, training lawyers has its own set of issues to overcome.
Time
The number one impediment to getting attorneys to participate in training is time. In the corporate world, oftentimes employees are given dedicated time to complete training. Even in today's virtual world, these entities support employees in disconnecting from work. The Association for Talent Development's 2020 annual industry analysis notes the average number of employee training hours was 55.4 in 2020. Aside from CLE requirements, most firms have no hours requirements for continuing to develop skills and ability in one's career. In fact, it is common for lawyers to cancel attendance last minute or to bring client work into the learning environment.
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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.
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?
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.