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Lawfirms face increasing pressure to justify their fees as more price-sensitive clients turn to ALSPs or expand their in-house legal teams. Instead of engaging in a price war, the author of LinkedIn for the Savvy Executive: Promote Your Brand with Authenticity, Tact, and Power, says investing in lawfirm branding is a wiser strategy.
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Gene Commander points to talent development and career advancement strategies that can propel midsize and smaller firms into the next decade. The post LawFirm Talent Development: Rebooting Career Advancement Strategies appeared first on Articles, Tips and Tech for LawFirms and Lawyers.
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According to a new report from Legal.io, lawfirm mergers are on the upswing, in 2024. The interesting part of that report, is just how many small firms are involved in the merger conversation. All me rgers were up 24% for Q1 of 2024; but, fully 65% of those mergers involved lawfirms with between 5-20 attorneys.
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There are many different and exciting ways to rank lawfirms. As luck would have it, many midsize and large lawfirms increased their Florida headcounts in 2024, and the top 100 firms in the territory netted a 8% increase in attorneys over their 2023 numbers. Its revenue per lawyer (RPL) rose 9.3%
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The post The Next Legal Nightmare: Compliance Risks of Unmanaged AI and SaaS Access appeared first on Articles, Tips and Tech for LawFirms and Lawyers. Excessive permissions, orphaned accounts, and unsanctioned AI tools operating in the shadows — all of which create a minefield of regulatory and litigation exposure.
In Season 10, Episode 8 of “ Notes to My (Legal) Self,” I sat down with Tom Martin, founder and CEO of LawDroid, to discuss how AI legal assistants are changing the game for lawfirms. Toms mission is clear: help lawyers work smarter, not harder, with the power of AI. Reduce Costs. Start Small. Predictive Analytics.
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” Butler Snow admitted that one lawyer decided to insert some cases for some well-established legal propositions and used ChatGPT in one of those moments where less would have been more. Response on the next page…) Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer.
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lawfirmlaw market often gets overlooked in the press and to some extent by vendors. Part of the reason is definitional: a midsize firm in New York City is far different than one in, say, Duluth, Minnesota. Even the culture of midsize lawfirms is diffuse. The midsize U.S.
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Over 30 human rights organizations and NGOs on Monday urged the United Nations and governments worldwide to hold Chinese officials to account for the continued systemic repression of human rights lawyers. In a non-systematic manner, individuals such as renowned lawyer Gao Zhisheng were targeted for expressing government-critical positions.
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“Supreme Court lawyer indicted on tax evasion charges; SCOTUSblog co-founder allegedly used lawfirm money to pay gambling debts”: Alex Miller of The Washington Times has this report.
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When I first started my own law practice over six years ago, several attorneys were instrumental in helping me launch my lawfirm. Some lawyers gave me valuable advice in the early months of launching the firm, and other lawyers referred work to me that helped generate revenue in my first years of self-employment.
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Everyone’s talking about AI in legal — for better or worse — and lawyers are mostly using some mix of AI tools in some form or another occasionally. But how many firms out there have a strategy beyond, “I dunno, you all figure it out”? That’s where a good strategy would come in.
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