How can you serve your community ' and frequently, your firm ' without hurting your own firm's budget and community relations? You can say yes too often and dissipate your budget and your firm's time and energy, but how do you say no without seeming to be coldhearted and indifferent to community or charitable needs?
Today's tough economy finds many firms searching for new ways to improve profitability by increasing leverage through the use of technology. Preserving a competitive edge is crucial and can mean the difference between success or failure. Investing in the right technology, and the efficient use thereof, could help your firm weather or even thrive during the tough times ahead.
India looms large on the horizon as the next territory for increased expansion by law firms. A recent court ruling holding that India may tax a foreign law firm only for work actually performed in India, coupled with the enactment of a law permitting businesses to operate as limited liability partnerships, pave the way for these firms to enter the Indian market.
When the recession ends, many firms will have survived. But those that thrived will have employed all or some of the measures outlined in this article.
Who's doing what; who's going where.
As uncertainties in the economy continue, many law firms are facing the reality of excess capacity. Unfortunately, "right-sizing" a firm generally means laying off valuable employees. The loss of a job can be traumatic even in good times, when an employee can expect to quickly land a new position. But with cuts coming from businesses across the board, the next paycheck may be a long way down the road.
Highlights of the latest franchising news from around the country.
Highlights of the latest franchising cases from around the country.
There are many examples of insurance company statements and conduct that have endorsed the fairness of the "all sums" approach to allocation, or argued against the imposition of extracontractual proration. This conduct contradicts the unsupported arguments these insurance companies now make in favor of extracontractual proration; that enforcing the "all sums" policy language somehow would lead to unfair or unintended results.
