Sentences with phrase «if law firms»

If law firms were involved and funds were electronically deposited into law firm trust accounts and subsequently withdrawn, wired or transferred, each of those transactions were also reported by banks to FINTRAC as electronic funds transfers if they were equal to or greater than $ 10,000 and were international.

And like I said, the only way that I think it becomes commonplace in law firms is if all law firms start to feel a little bit of that squeeze.

So, if all law firms really lose money on associates during their first three years of practice, why don't they just fire the lot of them and enjoy a nice increase in profits?

But if law firms are smart, they'll initiate efforts to recruit Banh right now, because he's destined to become a veritable billing machine.

If law firms express a preference for leadership, creativity, and collaboration, law students will invariably comply.

If law firms truly want to capture the attention of the marketplace, to stand out for all the right reasons, they need to start thinking more about how they present themselves to the market and how they deliver their services.

If law firms aren't already turned off by the concept of being associated with a cold - calling, mass - mailing stranger, then they really should fear the negative signal created by that new outbound link.

But if law firms take the easy route, using simple solutions to a complex problem, they will suffer the consequences.

Unless clients are willing to actually forego time tracking (and it would be interesting to see if law firms would be willing to do so internally even if the clients did) it is hard to see how all billing arrangements are not going to turn into billable hours in disguise.

It's probably best if law firms recognize that developing an e-discovery strategy and getting the right products to execute it is going to take some time.

In the case of AI and law, the hype suggests that if law firms wait, the future will be dark and stormy.

If law firms are medieval castles, then the state bars that guard and protect those firms and the lawyers within are the fortresses.

Sandman argued that if law firms were ranked and assessed by their use of technology rather than just revenues and profits, we'd find ourselves in a virtuous competition that could potentially redound to the benefit of those who lack access to legal services.

If law firms made an effort to hire a more diverse cohort of students with differing goals and provide more diverse career paths, it might make it easier to have a healthy workplace where competitiveness is not as dominant.

What if law firms could predict a student's performance based on the LPP?

If law firms adapt from the lengthy and attentive methods of the past, and cases become solvable in little time, leaving space for more clientele, would the public not pick up on this and be dissatisfied with the potential lack of detail and care gone into the service provided to them?

«In fact, as Artificial Lawyer ends the interview the thought is hard to shake that if all law firms approached legal tech and AI this way it would have a profound impact on the way law firms operate today.»

The research concludes that work and family pressures disproportionately impact women to their professional detriment, but that this situation can be remedied if law firms develop flexible, creative ways to enable women to combine law practice with family life.

And so, there's a lot of people talking about AI right now but what they really mean is firms should subscribe to some end - to - end tool that uses AI at some point in the process; and so, we thought it will be better if law firms and lawyers could become makers if they could learn to use the tools themselves and to create things anew.

It has been our experience that certain clients ask if law firms pay any incentive compensation to associates based upon hours worked prior to engaging the firm.

If law firms are more efficient, attorneys will save time and the clients will have lower bills.

I don't know if law firms are really heading in this direction — I'd welcome your own eyewitness reports from the field.

And if these law firms do fail, who — or what — will replace them?

But if law firms allow themselves to be degraded to the point where there are no large, well - resourced homes for true expert practitioners, then law will become just another commodity supplied and consumed by big business.

If law firms provide such specific versions of these documents to non-legal staff at their clients, questions including securing access to the system and the location of hosting must be considered.

If law firms take on covered entities as clients that give them access to PHI, attorneys must comply with all the relevant regulations.

But even if law firms ignore these disabilities — and many do — everyone finds ways to solve their legal problems.

It is clear to anybody reading the Report — and any women working in the law — that things need to change if law firms wish to create a workforce reflecting broader expertise and diversity.

These services are compulsory and if law firms don't meet the target set for them, they have to pay the bank the equivalent money owed.

It's as if law firms have no idea what else they can do to attract top talent.

In ways, the Bloomberg sales staff are trying to sell as if law firms are financial firms, and that just won't work.

If law firms themselves were regulated, the Law Society could investigate the firm's practices directly and the firm would bear responsibility for its collective conduct.

Alternative Fees, of course • But what if law firms and clients were truly in a relationship of trust?

Of course, this argument is only in play if law firms are willing to admit that they are engaging in such voluntary affirmative action programs.

Kevin O'Keefe wonders if law firms will even be able to keep up with LinkedIn's ever - evolving profiles, saying

Similarly, if law firms actually want to attain gender equality, there should be consequences for failure to achieve the stated goals.

And if law firms don't meet the demand, then New Law and other latter day creations will grow to fill the void.

If law firms are looking for associates, Dean Mitchell hopes they will just hire their externs, which he says has happened in previous externships the school offered.

If law firms are cutting staff or practice areas, counsel may have no choice but to look elsewhere, which is not necessarily what they prefer to do.

If law firms go away or eliminate practice groups, this certainly does create another strain on corporate law departments.

Imagine if law firms could automatically text their client the day before court to remind them of their scheduled court date and time.

Perhaps if law firms were clear and relatively unanimous in their expectations of students» research skills, perhaps if those expectations were conveyed to students more or less directly (LRW teachers would be willing messengers), and perhaps if hiring were to any extent at all influenced by a candidate's demonstrated research skills, law students might pay attention.

Would bankruptcy fees be this high if law firms were paid directly by clients?

So the gap could get even wider if law firms fail to keep up.

«If law firms want to get the best and brightest young women to join them and stay, they will likely need to change radically and adopt different definitions of sacrifice and partnership.»

If law firms can provide digital services that genuinely add value to in - house lawyers, not only will it help strengthen client relationships but it will also help those firms build the case for investment in their own digital technologies and training.

Well, if law firms won't increase the number of women and minority hires because it's the right thing to do or even because it's what clients want, then by golly, maybe they'll do it for cash.

«If the law firms don't take them, then the law schools will be faced with a more challenging question,» he says.

This requires a sophistication few if any law firms now employ.

If law firms do not, then companies need to request greater accountability from their firms.