The survey suggests that
the biggest challenge law firms need to address over the next ten years is the potential for commoditization of legal services.
Not exact matches
«For me the
biggest challenge is the regulatory uncertainty in the US and the future of US - China relations,» said Miranda So, a Hong Kong - based partner at
law firm Davis Polk.
A survey of food and drink businesses by leading industry
law firm, Roythornes, has revealed the
biggest challenges for the sector when it comes to..
One of the
big challenges we're going to tackle is how to mix traditional
law firm website features with blogging and providing legal commentary.
His comments hint at the
challenges ahead for Canadian
law firms as the
Big Four — KPMG, Deloitte, Ernst & Young and PricewaterhouseCoopers — ramp up their legal services globally.
Over half (51 %) of
law firms are pinpointing the adoption of new technology as one of their
biggest challenges over...
The
biggest challenge most
law firms face is a business model that doesn't fit the changing manner in which legal services are being provided today.
What's your
biggest challenge when it comes to attracting new clients to your
law firm?
Investing in tech has traditionally been a
big challenge for small
law firms, but new, low - cost solutions may be about to change that.
More detailed feedback from clients about their experiences of working with international
law firms revealed further concerns, with almost a quarter of GCs admitting that consistency in quality and service was the
biggest challenge, while one in five reported problems with inconsistent working practices between offices, as well as patchy local insight and understanding of cultural nuances.
With the time taken to settle bills increasing, managing cash flow is one of the
biggest challenges faced by the modern
law firm.
For The Food
Law Firm, this solved two very
big challenges:
Finding a good
law firm marketing person can be a
big challenge.
A not long ago, we surveyed attorneys in the
Law Firm Suites network to get a sense of their biggest challenges in their small firm pract
Firm Suites network to get a sense of their
biggest challenges in their small
firm pract
firm practice.
«The
challenge is that many of the Canadian
law firms aren't prepared to go out and do this work, and many Canadian clients (
big corporations) may have some doubts about the abilities of their Canadian counsel to do the international work and they may be more inclined to go to New York or London, which I think is unnecessary,» he says.
What has been your
biggest family
law case achievement at the
firm, and what
challenges did this case present?
A
big challenge for solos and small
law firms is to figure out how to serve the latent market for legal services — the approximately 80 percent of US consumers who can't afford today's legal fees.
In the competitive world of personal injury
law, one of the
biggest challenges that
law firms face is converting a qualified claimant into a retained client.
Smith & Williamson's annual
law firm survey found that more than half (51 %) of
law firm respondents now pinpoint the adoption of new technology as one of the
biggest challenges facing them over the next two to three years.
Rethinking the model And the
biggest challenge for
law firms in minding future gaps?
Seventy - eight percent of small
law firms say finding new clients is one of their
biggest challenges.
For Gillian Baker, a consultant at high street
firm Baker Gostelow
Law, the
biggest challenge now facing lawyers at the small end of the profession is how to ensure everyone who needs to access justice can do so.
Law firms get very hung up on size, but other large organizations that are a lot bigger than law firms manage this challenge, whether its consultancy firms like McKinsey, corporations like Microsoft, or banks like Goldman Sac
Law firms get very hung up on size, but other large organizations that are a lot
bigger than
law firms manage this challenge, whether its consultancy firms like McKinsey, corporations like Microsoft, or banks like Goldman Sac
law firms manage this
challenge, whether its consultancy
firms like McKinsey, corporations like Microsoft, or banks like Goldman Sachs.
Improved retention and training: Retaining lawyers is one of the
biggest challenges facing
law firms.
According to a recent Thomson Reuters survey, acquiring new client business is the
biggest challenge that small
law firms face.
The 2017 Aderant Business of
Law and Legal Technology Survey, released this month, found law firms face rate price pressure and operational efficiency as their two biggest challeng
Law and Legal Technology Survey, released this month, found
law firms face rate price pressure and operational efficiency as their two biggest challeng
law firms face rate price pressure and operational efficiency as their two
biggest challenges:
No doubt about it, marketing is one of the
biggest challenges of running a
law firm.
John McDougall blogs from LMA about what people are saying are the
biggest challenges facing general counsel when hiring
law firms... Continue Reading
Last month we
challenged law firms to respond to the
challenges being thrown down by insurance carriers and
law departments around
big data and artificial intelligence.
No, we have some amazing customers, particularly with
Big Law it was really challenging at first because every firm would say, well, what other big firms are using
Big Law it was really
challenging at first because every
firm would say, well, what other
big firms are using
big firms are using it?
While a tad
big US
law focused, it does clearly show that the
bigger firms are waking up to and addressing the profound changes and
challenges that are occurring in the practice of
big law.
Prior to operating a
law firm, Leena grew up with a vision of helping people and faced several challenges before working for one of the biggest Family Law firms in BC and ultimately becoming a young successful lawyer in Vancouv
law firm, Leena grew up with a vision of helping people and faced several
challenges before working for one of the
biggest Family
Law firms in BC and ultimately becoming a young successful lawyer in Vancouv
Law firms in BC and ultimately becoming a young successful lawyer in Vancouver.
For those with one eye on the future, advocates of the profession will point out that the chance of a career offering not just the potential to earn
big bucks, but one that can offer a lifetime of intellectual
challenge and stimulation, will always attract its fair share of top talent, and that the training and development opportunities within
law firms have improved massively over the last ten years.
Mergers and International expansion may be the main culprits in recent years, bit add the economy slowly returns to growth, plenty of other
law firms face the
challenges associated with getting
bigger.
Looking for a
bigger challenge, he took the
law firm marketing industry by storm and started interviewing Internet marketing «gurus.»
It goes without saying that balancing family while working for a «
big -
law»
firm can be a
challenge.
The findings also showed that the traditional
law firm model is being challenged by alternative providers, with GCs having the freedom to choose the best legal provider structure for their needs In this article, Michael Siebold, Chair of Inter - law, will shed light on the way «New Law» mod - els are challenging the «Big Law» approach to give GCs this much needed depth and breadth they are seeking in legal provid
law firm model is being
challenged by alternative providers, with GCs having the freedom to choose the best legal provider structure for their needs In this article, Michael Siebold, Chair of Inter -
law, will shed light on the way «New Law» mod - els are challenging the «Big Law» approach to give GCs this much needed depth and breadth they are seeking in legal provid
law, will shed light on the way «New
Law» mod - els are challenging the «Big Law» approach to give GCs this much needed depth and breadth they are seeking in legal provid
Law» mod - els are
challenging the «
Big Law» approach to give GCs this much needed depth and breadth they are seeking in legal provid
Law» approach to give GCs this much needed depth and breadth they are seeking in legal provider.
Law firms currently face a myriad of
challenges (to name just a few...): technological advances, changing market structure,
big data, predictive analytics, business model re-design, alternative career structures, changing talent pools, emerging new working patterns, alternative talent requirements.
Kroll: The Unusual Suspects — meet the
biggest threats to your confidential data iManage: Don't Sleepwalk Into The Cloud — the
challenges for
law firms and their clients Vannin Capital: Funding in Focus — third party litigation funding Deloitte: The Risk Revolution — new risk priorities in a continually evolving landscape Stroz Friedberg: Locked Down?