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Financial concerns dominated the discussions at the 42nd annual IFA Legal Symposium, held on May 18-19 in Washington, DC.
Part One of this article explained the benefits of engaging a dealer early and discussing possible workout arrangements, and it outlined the impact that a dealer's bankruptcy filing can have on the process. In Part Two, we consider an automaker's options when termination, liquidation, or change in ownership of a dealership cannot be avoided.
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Law firms have realized that using technology ' particularly the Internet ' is a powerful tool for creating a more level playing field to enhance their images, expand their visibility in targeted markets and drive business to their firms. However, with so many competing interests for limited marketing dollars, where should you invest your firm's resources to get the most bang for the buck?
On the topic of leadership, Albert Schweitzer stated, "Example is leadership" and observed that "Example is not the main thing in influencing others. It is the only thing." We learn optimally by observing best practices and adapting these as our own. Client service is one such practice that is furthered by example. Here are seven project management insights that demonstrate how senior practitioners, leading by example, can teach junior attorneys how to focus on their client deliverables.
What can law students do to extract the most possible value out of their summer, whether they have a summer associate position or not? Network!
Times of uncertainty and layoffs often lead to negative emotions, a lack of trust in management, and a decrease in productivity. So, what is a CMO or Marketing Director to do in the midst of such chaos? Here are some leadership tactics that will not only help your team survive the crisis, but strengthen it through the process.
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Three stellar contributors join our Board.
Senior associates ' who, by definition, are reaching higher levels of profitability for the firm and have developed practice expertise ' are often left behind when it comes to targeted professional development. But ignoring this population creates problems for a firm, particularly as people move into partnership and as responsibilities shift from "doing" to "leading.
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Now that the legal industry is reeling from losses, layoffs and downsizings, lateral hires are being run through an even more stringent gauntlet than ever before. Many firms now want to see business plans from all lateral partner candidates.
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While the macroeconomics is more than a little intimidating, the good news is that researching the economy is not a complicated task. In fact, it can be much more straightforward than internal financial research (covered in the first part of this series) and research on the financial health of companies and industries (covered in the second part of this series). In this, the third and final part in the Researching the Economy series, we focus on a few key sources for macroeconomic information.