CARET Legal

APRIL 8, 2024

On one hand, it’s a measure of a lawyer’s productivity and a key revenue driver for law firms. The sheer volume of due diligence required can mean weeks or even months of late nights and weekends spent poring over contracts and legal documents. The post What Is the Biggest Challenge Facing Law Firms Today?

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Law Firms Law Firm Laws Lawyer 123

ABA Journal

JANUARY 13, 2021

With the shift to virtual recruitment amid the COVID-19 crisis, the speed at which law firms vet and hire lateral partners has increased, according to…

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Law Firms Law Firm Diligence Laws 75

Attorney at Work

DECEMBER 6, 2021

Rethinking Law Firm Recruitment and Retention. As a result, firms should rethink their recruiting and retention strategies in a time of crisis. Articulate the case for your firm. Too often, we speak to law firm representatives who rely on outside surveys in setting the salary ranges for their positions.

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Law Firms Law Firm Work From Home Diligence 334

Attorney at Work

JUNE 22, 2021

Managed service providers can provide small firms with the technology strategies and solutions usually reserved for large firms with in-house IT teams. Over the course of the pandemic, lawyers and staff at large law firms have confronted many of the technical obstacles and frustrations that small firm owners deal with all the time.

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Law Firms Law Firm Legal Technology Solution Laws 130

JURIST

NOVEMBER 8, 2024

The law firm that drafted it worked exclusively with national government officials. ” Therefore, HRW called on FIFA not to vote in favor of Saudi Arabia as host of the 2034 World Cup next December until the country demonstrates “ proper human rights due diligence” and a serious commitment to labor rights.

Diligence 118

Diligence Drafting Law Firms Law Firm 118

The Empowered Paralegal

FEBRUARY 18, 2019

Most practitioners prove their competence each day, working ethically and diligently in the care of their patients. The post Tips for Choosing a Medical Malpractice Law Firm first appeared on The Empowered Paralegal. It is unfortunate that some doctors continue to harm a lot of patients through malpractice cases.

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Law Firms Law Firm Laws Diligence 113

Attorney at Work

JULY 14, 2021

Legal recruiting is an important business development tool for law firms looking to expand their client roster, build up their practice areas, and open offices in new locations. Litigation data lets firms conduct targeted legal recruiting. Have they moved from one law firm to another very frequently?

Legal 245

Legal Legal Attorney Law Firms 245

LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Due diligence.

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Law Firms Law Firm Document Review Laws 98

Attorney at Work

JULY 5, 2022

Over the past few years, many law firms have started cryptocurrency practice groups. But are these law firms accepting crypto as payment? Still, cryptocurrency has risks, so make sure you have a clear understanding of cryptocurrency and how your firm can accept crypto payments. Getting Paid with Cryptocurrency.

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NCBA Law Practice Management Blog

JUNE 15, 2019

You know that to effectively manage your law firm finances that you need to create revenue projections, to establish goals for what you want to make.? Tracking business expenses admits of the same issue as tracking time spent on client matters: If you’re not diligent, you may miss out on some items, especially the smaller items.?

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Law Firms Law Firm Laws Diligence 100

JURIST

JANUARY 21, 2022

In 2020, Facebook (now Meta) had commissioned the law firm Foley Hoag to conduct a Human Rights Impact Assessment (HRIA) for India.

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Diligence Law Firms Law Firm Laws 211

Patently O

APRIL 28, 2023

The PTO Just released a final order in a case against Jinggao Li, operator of the Dragon Sun Law Firm. Examples include filing a micro entity status request without proper investigation and submitting an information disclosure statement (IDS) by a non-practitioner without practitioner review. Rubber stamping is not permitted.

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Diligence Attorney Statute Law Firms 126

LawTechnologyToday

NOVEMBER 19, 2021

These systems have served law firms well, but there are good reasons for large and small law firms to consider moving to the cloud. Plus, a stretched IT team can focus on adding differentiation, value to the firm and its clients rather than maintaining standard tools. Is Moving to the Cloud a Security No-Brainer?

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Law Firms Law Firm Laws Healthcare 95

Above The Law

MARCH 14, 2025

Jordan Rothman is a partner of The Rothman Law Firm , a full-service New York and New Jersey law firm. (Image via Getty) People generally understand that lawyers often need to take extreme — perhaps unreasonable — positions to advocate for clients.Of You can reach Jordan through email at jordan@rothman.law.

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Cause of Action Lawyer Lawyers Law Firms 68

Attorney at Work

APRIL 30, 2021

Populate your law firm/company page. Be sure to add your firm logo so that it appears correctly on your individual profile. For firms on a shoestring budget, a good starting point is to look at how legal clinics have adopted new online client intake practices. He is the author of the ABA book “Macs in Law.”

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Lawyer Lawyers Court Reporting Court Reporter 363

LawTechnologyToday

AUGUST 24, 2023

As a law firm, it’s crucial to be aware of the significant risk posed by the commingling of funds and take proactive measures to prevent it. Best Practices to Guard Against Commingling To ensure your law firm does not engage in commingling, it is essential to establish and maintain separate operating and trust accounts.

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Law Firms Law Firm Laws Depositions 81

Attorney at Work

MARCH 5, 2022

In addition, the routine can reinforce your own habits of recording your time diligently on a regular basis. LawPay is the only payment technology vetted and recommended by 50 state bars, more than 60 local and specialty bars, and trusted by over 50,000 law firms as a value-added, trusted solution for their members.

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Legal Legal Law Firms Law Firm 246

Attorney at Work

DECEMBER 7, 2021

And for law firms, remote work opens the door to alternative hiring options, including outsourcing substantive legal work to freelance lawyers. Meeting deadlines is critical to managing a successful law firm. A successful law firm requires good working relationships and a cohesive team.

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Attorney at Work

JUNE 4, 2022

QUESTION: Our law firm would like to reduce our paper and physical storage use and costs by “going to the cloud” with our data. You just need to take reasonable due diligence to know it is secure. Due Diligence. Before we invest in training our attorneys and staff, how do we know what companies are secure and trustworthy?

Lawyer 246

Lawyer Lawyers Technology Diligence 246

Paralegal Bootcamp

JUNE 17, 2021

You can Google the type of software using the word legal or law firm in front of it to find lists of recommended software technology. For example, use the search terms: “Law firm billing software” to get the most up-to-date results. Administration Software. Matter Management Software. Discovery/Litigation Software.

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Litigating Litigation Paralegals Paralegal 130

Attorney at Work

MAY 3, 2022

And the longer you work in Big Law, the more you know what I mean. Upon receiving an offer, do your best to determine who will likely be your bosses and then, as part of your due diligence, circle back to associates who work for the partners. Don’t rely on a general reputation that “the firm” is great to work for.

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Laws Work From Home Law Firms Law Firm 244

CARET Legal

JUNE 7, 2024

Balancing workloads effectively is crucial not only for the success of your firm but also for the well-being of your team. As the owner of a law firm, you are no stranger to the intense workloads that your litigation and corporate teams face on a daily basis. This is where technology comes in.

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Litigating Litigation Law Firms Law Firm 115

NCBA Law Practice Management Blog

JULY 13, 2021

And, a byproduct of that is that law firms often engage with clients they shouldn’t – largely because they haven’t done enough due diligence in the lead phase. To get started, visit Red Cave's NCBA landing page , and start running your law practice like a business. Need help developing client selection criteria?

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Diligence Law Firms Law Firm Attorney 130

NCBA Law Practice Management Blog

MARCH 13, 2022

And, if you’re working diligently behind the scenes, they won’t believe it unless you tell them. If you want to make sure your clients are happy with what you’re doing, put a recurring four-week tickler on your calendar, to reach out to each active client of the firm. Modern consumers are more demanding, and expect consistent updates.

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Calendaring Diligence Law Firms Law Firm 130

MyCase

DECEMBER 20, 2024

For solo attorneys and small law firms, maintaining Form 1099 compliance is essential to running a successful practice. Accurate expense management and reporting are vital for law firms, as discrepancies between the amounts reported on a 1099 for attorney fees and the income declared by the vendor can trigger red flags for the IRS.

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Attorney Law Firms Law Firm Small Business 52

Paralegal Bootcamp

DECEMBER 20, 2024

For those who are new listeners and dont know what that means Lets say that youre a litigation paralegal working in a law firm that barely ever goes to trial. Maybe you work at a law firm that doesnt allow anyone to use AI yet because the firm management is still working out the kinks and setting policies.

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Paralegals Paralegal eDiscovery Lawyer 130

MyCase

SEPTEMBER 16, 2024

Key takeaway: Law firm accounting is a process that involves meticulous recordkeeping to comply with regulations set out by local jurisdictions and the American Bar Association (ABA). Detailed information is crucial to reaching your law firm’s financial goals and maintaining client transparency.

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Law Firms Law Firm Laws Legal 52

Law 360

MAY 25, 2021

Amid high demand for associates and aggressive competition to attract talent, law firms should take three key steps to conduct meaningful prehire due diligence and safeguard against lateral hiring mistakes that can hurt their revenue and reputation, says Michael Ellenhorn at Decipher.

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Diligence Law Firms Law Firm Laws 40

Law 360

NOVEMBER 16, 2022

Law firm partners considering lateral moves should diligently interview prospects — going beyond standard questions about compensation to inquire about culture, associate retention and other areas that can provide a more comprehensive view, says Lauren Wu at VOYLegal.

Diligence 75

Diligence Law Firms Law Firm Laws 75

Law 360

SEPTEMBER 12, 2022

As law firms increasingly recruit laterals, they must account for ethics rules and other due diligence issues that can turn an inadvisable or careless hire into a nightmare of lost opportunity or disqualification, says Mark Hinderks at Stinson.

Diligence 75

Diligence Law Firms Law Firm Laws 75

CosmoLex

JANUARY 17, 2024

Should your law firm pass the baton of credit card processing fees to your clients, or bear the burden itself? This question gets at the heart of surcharging decisions faced by law firms that are considering whether to offer digital payments. This fee is typically a percentage of the transaction amount.

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Law Firms Law Firm Laws Legal 52

Attorney at Work

MAY 23, 2022

AI services are among the top tools law firms are investigating to deliver greater client value and efficiency in one fell swoop, which is why we see the AI software market in the legal industry projected to register a growth of over 28% by 2026. And it is a boon market. The American Bar Association Model Rules 1.1

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CosmoLex

DECEMBER 23, 2024

When you run a law firm, you are responsible for far more than just winning cases or representing your clientsyou also need to manage your law firms day-to-day operations. Unfortunately, law firms often struggle with it. Some examples include billing and payments, trust accounting, and law firm marketing.

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Law Firms Law Firm Laws Calendaring 52

The Estrin Report

MARCH 23, 2022

Law firms and in-house legal departments are coming at us with request upon request upon request (ok, you get it) for corporate paralegals all over the country. And here’s a little known secret: law firms are throwing money at legal staffing organizations by giving them 10-30 % more in fees so they get preferential treatment.

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Paralegals Paralegal Law Firms Law Firm 246

CosmoLex

OCTOBER 16, 2024

AI in accounting can handle formerly complex human-centric tasks and learns and improves its performance over time, making using AI tools an exciting venture for law firms to transform operations and improve efficiency. These technologies allow a law firm finance team to do more work with fewer employees, saving on labor costs.

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Law Firms Law Firm Laws Technology 52

Attorney at Work

JUNE 26, 2022

To illustrate, let’s look at an example: an estate planning attorney at a midsize law firm. When listing your skills, think beyond the traditional buzzwords like diligence , responsiveness and sound judgment. When you write this statement, do not merely list your position. What specific responsibilities did you manage?

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Attorney Lawyer Lawyers Construction 328

Attorney at Work

OCTOBER 20, 2022

Prospects do their own research and due diligence. According to a recent survey by Hinge Marketing , 90% of buyers rule out a professional services firm before even speaking with someone there because they are unable to understand how the firm can help them after looking at the website or social media. The answer is yes.

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Lawyer Lawyers Diligence Attorney 262