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Marketing-Led Training: A Core Business Investment
In times of budget pressure, law firms are challenged to do more with less — especially when it comes to lawyer development. A study released in 2023 by ALM and The Tilt Institute titled “The Expanding Role of Professional Development in Law Firms” notes that firms spend on average between .8% and .9% of annual gross revenue on training and development. While traditional legal training or CLEs are crucial, attorneys today need much more — and most of it is not taught in law school.
This is where the marketing department and its outside vendors can deliver significant value. By partnering with the firm’s professional development or talent team, marketing and communications professionals can provide cost-effective in-house training on nonlegal skills that are critical to a lawyer’s success in today’s client-driven market. From leadership training to LinkedIn coaching and guidance on public speaking, networking and personal branding, marketers bring subject-matter expertise that complements legal training and enhances client-facing readiness.
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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
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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.