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For the inside counsel revolution to succeed, the General Counsel must follow a basic dictum: Hire the best. The key to the legal function's credibility with the CEO and senior line executives is to seek broad-gauged lawyers who are outstanding technical experts, wise counselors and effective leaders to occupy the top specialists jobs in the company and to be general counsel in the main operating divisions.
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Leveraging advanced technologies can empower corporate counsel and law firms alike to take control of the ongoing challenge that today's "information on demand" expectations present. When access, disaster recovery, scalability and security are paramount requirements, a migration to the cloud could be the most effective route to help ensure this is accomplished.
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Last month, in Part One of this article, we discussed the fact that one size does not fit all when it comes to social media training for lawyers. We continue herein with a look at the inevitable changes in ways that lawyers do business.
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Going through a divorce can be tumultuous for everyone involved. When one of the parties is a partner in a law firm, those challenges are sometimes elevated for both the partner and the law firm.
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Millennials' influence on the legal marketplace is rapidly growing. To attract this group's best and brightest, law firms need to understand their mindset and habits.
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Voice search is rapidly emerging as the predominant way that consumers inquire about products, services and, yes, lawyers. Here's what you need to know.
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One size does not fit all when it comes to social media training for lawyers, and those responsible for such training must take into account different levels of sophistication and comfort, which are not necessarily based on generations.
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Despite appearing to accept that rapid and ongoing market change is here to stay, firms, and their leaders, have responded with change efforts that can largely be described as limited and reactive short-term solutions. Why?
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One of the most significant early decisions attorneys make when deciding to hang out a shingle is what type of entity would be best for their practice. Choosing the right entity is a must. The right legal structure can save taxes, minimize legal exposure and avert costly business hassles. But is the right choice for yesterday still the right one for today?
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Competitive Intelligence (CI) is not a new concept. It has been actively practiced in many industries for a number of years. In fact, CI has existed in law firms that have been proactively implementing ways to respond to changing client expectations since the early 2000s, though it has been gaining widespread prominence in the last few years.