Future Proofing Your Back Office Operation For the Next Five to 10 Years
In this continued age of economic uncertainty and transition for law firms, the back office and support services functions have become an increased target of opportunity. Firms are thinking more strategically about how to reduce and recover back office costs, increase efficiency, and implement newer technologies, all while maintaining or increasing services to the end users.
Features
Finding a Chief Strategy Officer
Just as chief marketing and business development officers came to the fore following the recession, "chief strategy officers" are making their way to the managing partner's cabinet.
Valuation of a Law Firm and a Law Practice
Part One, last month, discussed the current state of law firm valuation, how to determine what it is that is being transferred, and a few of the methods used for valuing a law firm. Part Two will examine a possible solution to the differing valuation methods and look at issues that arise in an external transfer when someone outside of the firm is interested in buying it.
ABA Adopts Cybersecurity Policy
The American Bar Association adopted a policy on cybersecurity last month at the 2014 ABA Annual Meeting in Boston.
Features
Word 2013: Better by Design
Hey, wanna know the one rule for a flat stomach? How about the secret $5 wrinkle buster? Spoiler: There is no one rule or $5 secret. But it must be part of the human condition to seek out quick solutions to thorny problems because people keep clicking these ads. This trickles into my little corner of the "teaching Office 2013" world through a seemingly harmless question: Should I turn that off?
Features
Quick Tips for Rankings Success
Being singled out by one of the research-based legal rankings or directories can be a big client booster, whether it's a practice area or individual lawyers that are recognized. Here's how to achieve those rankings.
Features
Data Breaches and Insurance Coverage
With the modern technology that allows businesses to do more things on computers and on other electronic devices, efficiencies can be achieved, but unintended negative consequences can also result. When a breach of the data on these devices occurs and confidential information is accessed by unauthorized persons, the financial consequences to the business entity may be substantial.
Features
Settling Matrimonial Cases
Almost every matrimonial case gets settled ' more than 99%. But remember that one of the trademarks of a good settlement is that both parties are relatively equal in their reaction to it.
Features
The Continuing Evolution of the Basis for Equitable Subordination
In June, the Bankruptcy Court for the Southern District of New York issued a 168-page post-trial opinion determining that it would equitably subordinate the claims of SP Special Opportunities LLC against LightSquared. The court reserved for later determination the amount to be equitably subordinated.
Features
Digital Signatures In the Legal Market
Automated signing solutions are all around us: at the supermarket checkout; when we receive a package; at the doctor's office. Despite this, paper-based signing still finds its way into our regular operations, and too often remains there unquestioned. Isn't it strange how everyday (aka, convenient) ways of doing things linger despite there being more efficient, faster and cheaper alternatives?
Need Help?
- Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
- Need other assistance? email Customer Service or call 1-877-256-2472.
MOST POPULAR STORIES
- Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the OfficeA trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.Read More ›
- Divorce Lawyers' Obligation to ChildrenDo divorce lawyers have an obligation to disclose client confidences when it is in the best interests of the client's child to do so? The short answer of the rules of professional responsibility is 'no' because a 'yes' answer is deemed to be fundamentally inconsistent with the premises of the adversary system in which the divorce lawyer functions. The longer answer is that the rules encourage ' but do not require ' a divorce lawyer to counsel the client to authorize the disclosure because it is in the best interests of both parent and child.Read More ›
- Develop Your Personal Book of BusinessCompetition for business is intense, time is short, and there's no time like the present to hone your business development skills and develop your personal book of business.Read More ›
- Upping the Legal Training AnteWomble Carlyle's technology training and online learning programs were in need of an upgrade. Unprecedented firm growth, heightened emphasis on developing lawyers' core technology competencies, and a need to streamline and automate existing e-learning processes led the firm to initiate a fundamental shift.Read More ›