Sentences with phrase «biggest challenge law firms»

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 practFirm Suites network to get a sense of their biggest challenges in their small firm practfirm 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 SacLaw 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 Saclaw 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 challengLaw and Legal Technology Survey, released this month, found law firms face rate price pressure and operational efficiency as their two biggest challenglaw 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 Vancouvlaw 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 VancouvLaw 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 providlaw 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 providlaw, 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 providLaw» mod - els are challenging the «Big Law» approach to give GCs this much needed depth and breadth they are seeking in legal providLaw» 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?
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