Three Ways to Reduce Your External Legal Spend
November 01, 2024
At best, it is difficult to budget for external legal fees. Needs are uncertain at the beginning of the year, and there is constant pressure to hire the best firm possible. Here are three suggestions to help you reduce your external legal spend.
Watch Out, GCs — Regulators Using FCPA to Probe for Bribery
November 01, 2024
Many countries where American companies do business have an array of business practices and customs that might be frowned upon in this country, but whether they cross the sometimes-blurry lines of legality isn't always clear. The club enforcers wield is the Foreign Corrupt Practices Act.
How Secure Is Your Firm's AI System?
November 01, 2024
What Law Firms Need to Know Before Trusting AI Systems with Confidential Information
As artificial intelligence continues to revolutionize industries, the legal profession is no exception. Every authority agrees about the transformative impact AI is having on legal services. As law firms and corporate legal departments adopt AI technologies to streamline their practices, they must face the inevitable question: How secure are these AI systems?
Players On the Move
November 01, 2024
A look at moves among attorneys, law firms, companies and other players in entertainment law.
Are We Seeing the End of the Single-Tier Partnership Structure?
November 01, 2024
With a growing number of firms moving to a two-tier partnership structure, the question becomes what comes next for the dwindling number of major firms that don't have a nonequity tier. At what point do tradition and culture yield to change and progression?
Report: Window of Opportunity Opens for CRE Investment
November 01, 2024
After the last few years, a challenge for commercial real estate is knowing when to start investing again. Have markets hit bottom? Still, sinking down? The Federal Reserve cut rates by 50 basis points in September. Will they come down further? There's no guaranteed timing for investment success, but a recent Oxford Economics report suggests a window of opportunity that will be a good time to buy.
Developing Client Personas Can Help Maximize Marketing and Business Development
November 01, 2024
Who are your ideal clients and why do they (or should they) hire you? This simple but key question for marketing and business development is often deceptively challenging to answer. Building and implementing comprehensive client personas enables lawyers, practices and firms to refine their marketing and business development strategies to attract clients that align with their expertise, experience and values.
How Secure Is the AI System Your Law Firm Is Using?
November 01, 2024
In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
Pleading Importation: ITC Decisions Highlight Need for Adequate Evidentiary Support
November 01, 2024
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
