• Features

    Preparing for the LIBOR Phase Out: Contract Remediation Starts with Contract Intelligence

    Ryan Drimalla and Karl Dorwart

    The London Interbank Offered Rate has long been the global basis for agreements that include a variable interest rate component. However, LIBOR would be replaced by other benchmarks by the end of 2021. Key to assessing risk of exposure, quantifying the financial impact, developing remediation plans and communicating material information to stakeholders will be the identification, analysis and remediation of LIBOR-based contracts.

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  • Features

    How to Ensure Financial Health Ahead of an Economic Downturn

    Derek F. Meek and Hanna Lahr

    The economic downturn that is projected to come out of the shutdowns mandated due to COVID-19 is likely to be more wide-ranging than the Great Recession of 2008 in light of the non-discriminative impact of the virus. Given this outlook, now is a critical time for companies to reassess their business and finances so that they can be prepared for the future.

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  • Features

    How Cultivating Existing Client Relationships Can Boost Business Development

    Scott Wallingford

    Strategic business development is critical to support firm growth, and CRM software is the backbone of a data-driven approach. It not only helps your firm prospect for future clients, but also helps you strengthen and expand existing client relationships.

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  • Features

    Introducing Pricing Transparency to Legal Services

    Nathan Cemenska

    The COVID-19 crisis has caused a money crunch across industries, and CLD budgets are tightening. This downturn demands that CLDs stop writing blank checks for services of indeterminate scope and duration. Here are some ideas for law departments looking to do better.

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  • Features

    Legal Analytics and the Evolving Practice of Law

    Josh Becker

    While we may use analytics differently in our respective companies, one thing is certain: Legal analytics is the future and it’s time to jump on board.

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  • Features

    COVID-19: Economic Stimulus and SBA Loans

    Jacob Weichholz, Daniel Mayo and Chris DeMayo

    A summary of information on the various Small Business Association (SBA) loans that are available under the new federal economic stimulus package. Continually updated; last update July 1.

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