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Virtual lawfirm status has worked out so well for some firms, they’re making the switch permanent. While firms are announcing their back-to-the-office plans, you may be wondering if it is possible to move your law office to a virtual setting permanently. Virtual Firms Aren’t Always 100% Remote.
How have lawfirms supported their clients during the COVID-19 pandemic? A dozen business development professionals talk about the innovative ways their firms have strengthened relationships and created deeper ties. And lawfirms that resist the impetus for change will risk failure. Anticipating Changing Needs.
Upload weekly case law updates on your practice area topics and have NotebookLM read the cases to you in the background while you’re working. It can summarize deposition transcripts and/or read the transcripts to you. Want to learn how to become the go-to AI person in your lawfirm?
Follow him on Twitter or Bluesky if you’re interested in law, politics, and a healthy dose of college sports news. The post A Hollywood Awards Show For Lawyers (That Isnt A Deposition) appeared first on Above the Law. Joe also serves as a Managing Director at RPN Executive Search.
Expert witnesses, depositions, staffing, and a long list of other expenses can limit your firm’s options. This guide simplifies the complex world of litigation financing and compares different models and how they can impact the access to justice your firm provides to clients. Litigation is expensive.
Real estate law involves a variety of document types, each with its own requirements. Practice management software equipped with document automation handles the creation of these various documents proficiently, ensuring that real estate lawfirms can manage their caseloads with precision and ease.
A former bankruptcy judge has been sanctioned for trying to avoid a deposition by submitting to an unauthorized off-the-record interview with the lawfirm that…
While large lawfirms have advantages of scale, including dedicated accounting and bookkeeping resources and robust technology solutions, solo attorneys often manage their own office finances. Structuring their retainers so fees are deposited directly into their operating accounts simplifies their financial management obligations.
She used it for the first time on April 1, 2020 when taking a remote deposition over Zoom. The COVID-19 pandemic compelled the shift to work-from-home for businesses that could do so, like lawfirms. Litigators are obliged to maintain a deposition schedule absent the familiar setting of a conference room.
Technology continues to flourish in the legal community as online marketplaces provide impressive transparent legal support services to lawfirms. Online platforms bring transparency to lawfirms, providing a means to compare and make the best selection of services that are easily outsourced. Why the hesitancy?
In the past, lawfirms were known for sprawling offices, where even the most junior associates had their own private workspace. That changed as larger firms adopted standard-size offices, open floor plans and clustered workstations, and a growing cadre of lawyers — particularly solo practitioners — moved to shared offices.
A Florida lawfirm asked a federal court Thursday to penalize a group of student debtors and their attorney over refusing to attend scheduled depositions in a debt relief case, accusing them of bad faith and calling their conduct a delay tactic.
What About Renting an Office With Another LawFirm? Typically, lawyers who take an office with another lawfirm will do so because the cost is cheaper than a professional co-working operator and they do not need to sign a lease. Professional deposition rooms.
Now, with the advent of artificial intelligence, lawfirms are lining up to adopt the new technology to save time and resources. Documents can be easily organized in folders, and users can also add different sets of documents depositions, audio transcripts, communication records, etc.
If your experience is primarily in research, depositions, and trial work, your chances of landing a marketing role are slim without additional preparation. For example, consider a litigation attorney aiming to transition into marketing. What aspects of your legal background establish credibility in marketing?
Master the deposition phase of case management with these tips to keep you solution-focused as you seek the best outcome for your client and maintain your caseload. The post 7 ways to upgrade your strategic approach to depositions appeared first on One Legal.
The post Lawyer Shoots, Kills Self, Former Daughter-In-Law, And Her Attorney During Child Custody Deposition appeared first on Above the Law. Two lawyers and a client are dead as a result of this tragic murder-suicide.
Some doors closing can lead to windows opening, like the deposit window at the bank. The post Management Might Be Happy If Associates And Partners Leave LawFirms For Certain Positions appeared first on Above the Law.
On one hand, it’s a measure of a lawyer’s productivity and a key revenue driver for lawfirms. They might have to spend countless hours reviewing documents, researching case laws, drafting pleadings, and preparing for depositions. The post What Is the Biggest Challenge Facing LawFirms Today?
Ron Carey, chief revenue officer with Esquire Deposition Solutions, discusses the use of remote deposition technology, how the COVID-19 pandemic supercharged the trend, and why it’s here to stay. CCBJ: Esquire Deposition Solutions recently published an infographic about COVID-19’s impact on technology for depositions.
If a client deposits $3,000 into your trust account, they need to have a $3,000 credit in your trust account. If you have credit card processing set up to subtract processing fees before making the deposit, the client will have less than $3,000 in the trust account after the deposit is made. This is not right.
Dean Whalen, Chief Legal Officer of Readback, a new AI-assisted deposition court reporting platform, explains how AI-assisted court reporting addresses the stenographer talent crunch — with added benefits. AI-assisted court reporting replaces the steno machine to provide quicker, more accurate transcripts of depositions — a 98.5%
The attorney will require your participation in witness deposition and getting a list of others who can act as witnesses. The post Tips for Choosing a Medical Malpractice LawFirm first appeared on The Empowered Paralegal. It is your duty to supply the lawyer with photos and videos you may have for injury or condition.
Administrative Challenges of Employment Cases As an employment lawfirm , you likely face several administrative challenges when managing long-term cases. For example, a lawfirm failed to properly track the statute of limitations for a client’s discrimination claim. For instance, Stowell & Friedman, Ltd.,
Rev’s SmartDepo Acquisition Powers Next-Generation AI for Testimony Analysis Rev, the worlds most accurate speech-to-text technology company, has acquired SmartDepo, the legal industrys most trusted solution for AI-powered deposition summaries Both companies have established successful track records serving leading lawfirms and court reporting (..)
LAWCLERK , an online marketplace where attorneys and lawfirms can hire freelance lawyers and virtual associates, is expanding its hiring options today with the launch of its Hourly Associate program, designed to allow lawfirms to hire freelancers on a more-flexible hourly basis rather than by a discrete project or longer-term subscription. .
Several legal technology trends are set to reshape how lawfirms operate. These trends, from artificial intelligence (AI) to remote depositions and digital reporting, promise to streamline operations, enhance service delivery, and even change the way we approach litigation.
In an evolving legal environment with market competition at an all-time high, the technical competence of lawfirms and legal departments of large organizations have to be top notch. Outsource non-core processes: Outsourcing of non-core processes by lawfirms have a proven track record of resulting in cost reduction.
Thompson used the money to make an equity contribution to the lawfirm where he had just become a partner, to pay off a tax bill, and to repay money that he owed a different bank, but he did not sign any paperwork for the second and third loans. He made only one payment on the loans — $389.58
Register Now To keep your lawfirm running efficiently, making informed decisions is crucial—whether it’s determining the most effective strategy for a client’s legal matter or identifying areas where your firm can reduce expenses. For example, you can: 1. Start accepting payments online! Download free guide 3.
IOLTA account compliance and other financial management tasks pose big challenges to lawfirms even to full-time accountants. For a litigator without formal financial training, keeping the books in order and the firm ready to pass a bar association audit can be even more daunting.
And, for small businesses, including small lawfirms, a traditional office space (including a lease), is largely unnecessary. Even depositions can be done virtually; or, if you prefer , many companies that provide deposition-related services offer space for in-person depositions, should you need same.
One of the most pernicious myths for young lawyers is that someone will teach you everything you need to know about practicing law, and as long as you keep your head down and “do what you’re supposed to,” success will come. That someone could be your law school, your lawfirm, or a supervising or mentoring attorney.
As a lawfirm, it’s crucial to be aware of the significant risk posed by the commingling of funds and take proactive measures to prevent it. For example, you could deposit the client’s funds into a personal or business account. Alternatively, you may use trust account funds to cover personal expenditures or firm expenses.
Learn how Steno Connect has been built to make it easier for legal professionals to use platforms like Zoom for remote depositions and exhibit handling. The post Steno’s Web Deposition Software Now Available As A Zoom App For Easy Exhibit Marking And Sharing appeared first on Above the Law.
However, many lawfirms today are slow to adapt to modern payment trends and are still only accepting some of the oldest and most traditional payment types. Here, we highlight seven important reasons why your firm should accept multiple payment methods. Attract a wider range of new clients.
In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona lawfirm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. ” Leading the firm as managing partner is Andrew R.
I have dealt with experts who charged more to read a deposition transcript than I spent taking the very same deposition and exhibit other billing practices that were hard to justify. Jordan Rothman is a partner of The Rothman LawFirm , a full-service New York and New Jersey lawfirm.
When you are a first-year associate in a big lawfirm the way is fraught with booby-traps. A family friend will be graduating from law school this spring and starting his career at a large lawfirm next fall. Large firms have experts in almost every conceivable skill set and practice area. Be a finisher.
One way your lawfirm can improve the client experience is by offering flexible, inclusive lawyer payment methods. Due to complex ethical concerns, many lawfirms hesitate to adopt new technology, particularly when it involves client funds. Accepting credit card payments has business benefits for lawfirms, too.
Steno , a tech-enabled provider of litigation support services, whose flagship product, DelayPay , enables lawfirms to defer service costs until their case resolves, has closed a Series B funding round of $15 million, bringing its total raise to $38.5 This latest round was led by Left Lane Capital. ”
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