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Using Financial Metrics to Drive Business Development Image

Using Financial Metrics to Drive Business Development

Joe Macguire & Anne Marcotty

Growing the top line requires a systematic approach that maximizes your available time and focuses you on the best opportunities. With greater clarity, you can be assertive in the pursuit of your financial objectives. With sustained focus on financial metrics, you stay in control of your book of business.

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Finally Finishing Unfinished Business? Image

Finally Finishing Unfinished Business?

Arthur J. Ciampi

<i><b>How the Recent </i> Heller Ehrman <i>Case Impacts Lawyer Mobility and Clients Choice of Counsel</i></b><p>The law of unfinished business, as applied to cases billed on an hourly basis, has been the subject of much commentary and case law. In <i>Heller Ehrman</i>, the high California court, like the New York Court of Appeals, found that a dissolved law firm did not have a property interest in hourly matters for work performed after dissolution. The case is worth exploring as it impacts, among other things, lawyer mobility and clients choice of counsel.

Features

<i>Leadership:</i> No Immunity: Sexual Harassment & the Legal Industry Image

<i>Leadership:</i> No Immunity: Sexual Harassment & the Legal Industry

John Hellerman

For members of a conservative industry that — literally — wrote the rulebook on sexual harassment, law firms need to be ready for a day of reckoning that seems inescapable (and may have already happened by the time this article is published).

Features

The Uber Breach and the Need for an Independent Privacy Function Image

The Uber Breach and the Need for an Independent Privacy Function

Paige Boshell

Uber has incurred significant legal and reputational exposure as a result of the way that the company handled the breach. In the coming months, there will be a great deal of information and regulatory and judicial action that will act as guidance, or more precisely, a checklist of what-not-to-do, for companies that suffer a data breach.

Features

How Blockchain Technology Can Drive the Legal Industry Forward Image

How Blockchain Technology Can Drive the Legal Industry Forward

Dmitry Dontsov

A new legal structure that bestows and monitors trust must be employed. Is decentralization of traditional, gigantic central bank repositories of data the answer? Is blockchain technology the new path that the legal industry should take to sustain in the digital age? Let us consider the most significant implications of decentralized technologies to the legal industry.

Features

Teaching an Old Dog New Tricks: Business Process Management and Law Firms Image

Teaching an Old Dog New Tricks: Business Process Management and Law Firms

Zachary Beauchemin & Alisha DiGiandomenico

Though traditionally considered laggards when adopting new technology, law firms have recently started to explore new tricks to fortify performance across their organizations. While this evolution is critical to a firm's survival, it's important that firm administrators understand that substantive improvements are only possible through multi-directional change.

Features

<i>Legal Tech</i><br> What Microsoft's Recent Office 365 and Security Updates Mean for Legal Image

<i>Legal Tech</i><br> What Microsoft's Recent Office 365 and Security Updates Mean for Legal

Rhys Dipshan

<b><i>From New Reporting Functionality to Cross-Application Tagging and Security Features, the New Updates Aim to Round Out Office 365's Information Governance and Cybersecurity Features</b></i><p>In a bid to appeal to legal professionals, Microsoft has updated Office 365 with information governance, security, and e-discovery capabilities, and encouraged legal technology integration with its platform.

Features

Arizona's New Paid Sick Leave Law Image

Arizona's New Paid Sick Leave Law

Tamara Cook

As of July 1, 2017 all employers in Arizona are now required to provide employees with paid sick leave as directed by a new law, the Fair Wages and Healthy Families Act. The law dictates how employers must implement the new rules — from when the benefits begin to accrue to when they pay out, and what fines will be imposed for non-compliance.

Features

<i>Legal Tech</i><br> Teaching an Old Dog New Tricks: Business Process Management and Law Firms Image

<i>Legal Tech</i><br> Teaching an Old Dog New Tricks: Business Process Management and Law Firms

Zachary Beauchemin & Alisha DiGiandomenico

Though traditionally considered laggards when adopting new technology, law firms have recently started to explore new tricks to fortify performance across their organizations. While this evolution is critical to a firm's survival, it's important that firm administrators understand that substantive improvements are only possible through multi-directional change.

Features

When Will Disruption Hit the Legal Industry? Image

When Will Disruption Hit the Legal Industry?

Hugh A. Simons & Nicholas Bruch

Economics tells us an industry that experiences a drop in aggregate demand, adds production capacity, and increases the market overlap among competitors will suffer price erosion and profitability decline. Law firms fit this profile. Yet, in talking with law firm partners, you don't get the sense that any such "disruption" is happening. Perhaps economics has bypassed law?

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