Sentences with phrase «firms are under pressure»

Law firms are under pressure to deliver quick evaluations and legal resolutions, but are also finding clients becoming slower to pay legal invoices, according to Ed Silverstein writing for InsideCounsel.

101 Incidents of ethical violations resulting in professional discipline and even criminal prosecution are on the rise.102 Faced with declining profit margins, firms have been accused of «overworking files» and overstaffing projects in an effort to increase billable hours.103 And they have bent the rules governing conflicts of interest.104 One survey indicated that one - third of the 30,000 clients interviewed felt dissatisfied with the representation they received from their attorneys, citing primarily a failure to communicate and inadequate attention given to their cases, suggesting that law firms are under pressure to increase their case loads without hiring new associates to staff them.105 The recent decline in professionalism is even further evidenced by a decline in pro bono commitment.106 Thus, new graduates face even heavier workloads, increased pressure to meet high billable requirements, and fewer pro bono opportunities.

As one expert states in the article, firms are under pressure to offer discounts to their hourly rate, so successful plaintiffs contingency work can counterbalance downward pressure on rates.

«Law firms are under pressure from disruptors in the sector and some firms have dealt with that really innovatively, and some not so much,» says Rachael Davidson, general counsel at National Grid.

Though firms are under pressure to cut costs, data security and quality of work are two key deterrents to sending projects to India.

With increasing competition in the legal market, law firms are under pressure to invest in innovation.

And some still - unapproved firms are under pressure from their impatient investors, who have leased buildings, hired staff and paid legal fees with no returns in sight.

Not exact matches

Firms in Canada's financial sector are under less pressure than their counterparts in, say, Europe or Japan, where negative interest rates are out in force.

«If this doesn't work, Dorsey will be under even more pressure,» said Adam Sarhan, CEO of 50ParkCapital.com, an investing and consulting firm.

Office landlords in Midtown are under pressure to renovate and update their aging buildings to stay competitive for top tenants, the firm said.

Margins are at record highs and are likely to come under pressure as wages firm and rates creep higher.

With BlackRock being by far the leader in the $ 3.4 trillion ETF space, with nearly $ 1.4 trillion under management, the firm theoretically could exert some pressure on the index providers to remove the gun makers from their listings.

The company has been under pressure after March media reports revealed that a researcher sold Facebook user data to an outside firm, Cambridge Analytica, which has been associated with President Donald Trump's campaign.

TOKYO Japan's Fujifilm Holdings Corp and U.S. firm Xerox Corp have reopened talks on their $ 6.1 - billion merger and are discussing a higher price after Xerox, under pressure from top investors, asked to renegotiate the terms.

Mid-market professional services firms are under a lot of pressure today.

Active asset managers are under pressure from index - tracking passive funds, which charge lower fees, and there are other possible bidders for Hermes, which has nearly 31 billion pounds ($ 41 billion) in assets under management, include Australian fund manager Challenger (CGF.AX) and U.S. firms Old Mutual Asset Management OMAM.N and Eaton Vance (EV.N), the source added.

Financial firms that serve these companies are under pressure.

Small businesses that fail to embrace technology will be under increasing competitive pressure from more technologically savy firms.»

Our defense is still a suspect of not holding firm under pressure!

It was a very nervous finish to the game after Olivier Giroud saw red for a headbutt and QPR got one back from the penalty spot, but the Arsenal boss took a lot of pride in the resilience we showed to hold firm under pressure towards the end.

It's claimed that the figure could force Spurs to consider the bid given that they will have their financial reservations moving forward as they move into their new # 750m home, although it's added that they aren't under pressure to sell so they could hold firm.

Furthermore, at a time when tender prices and profitability remain under extreme pressure, persistently high materials price inflation is making operating conditions extremely challenging for firms operating throughout the construction industry.

The disclosure rules for Facebook come as the company is under increasing pressure to change its policies after it was revealed data firm Cambridge Analytica received access to user information, which in turn aided Donald Trump's presidential campaign in targeting its core supporters.

March 19, 2018 • Facebook is under intense pressure after it admitted that Cambridge Analytica, a political data - mining firm, got access to massive amount of user data.

The difference between «Salt» and most ludicrous trying - too - hard action movies is a matter of grace under pressure: a veteran director with a firm command (and respect for) the integrity of screen space; a stripped - down screenplay that gives you just enough exposition to create suspense and keep you guessing about what's going on (What's she doing?

There are many skills developed in teaching, such as leadership, social skills and the ability to work under pressure that tech firms could significantly benefit from.

Imagine, if you will, one or more firms (troubles often spread) with positions that are many multiples of ours attempting to liquidate in chaotic markets and under extreme, and well - publicized, pressures.

With index - tracking exchange - traded funds charging fees that are far less than actively managed mutual funds, the higher - cost investment options that AllianceBernstein (NYSE: AB), Hartford Financial (NYSE: HIG), and other active - management firms have within some 529 plans come under greater pressure from the state board established to oversee the plans.

A firm undertone is also developing in the equity markets while the Dollar is under pressure.

Two - thirds of business owners would be under increased pressure to freeze or cut salaries and over one - third report they would be forced to cut staffing in their firms.

Firms producing traditional Chinese medicines are pressuring the government to permit the expansion of bear bile farming, a practice which has come under increasing scrutiny as inhumane and cruel.

Smith says he is not surprised, as he believes «lawyers at some U.S. firms do not have time to conduct or participate in similar training, and are either too busy or under too much cost pressure to take the time to do a perfect or near - perfect job.»

In the world where GC's are under pressure to cut external counsel fees and there are more firms being formed every day, more is required to connect with your target audience and stay top of mind when the time comes to retaining counsel.

Paying disbursements as incurred was a natural evolution to our ATE product offering, especially as law firms are coming under increased cash flow pressure as a result of fixed costs and higher court fees.

As Alex Novarese of Legal Week is right to point out, overall revenue in the UK legal market last year fell for the first time in living memory, but even if the overall size of the legal market in the UK remains static or falls (a tussle between the opposing forces of economic growth increasing demand on the one hand and business pressures to reduce fees and outsource on the other), market dynamics dictate that the revenue will be clustered differently, with the moderate - high fees currently enjoyed by the mid-tier for mid-market work under the most severe attack, the beneficiaries being niche firms and LPO providers.

To enhance their business processes in areas of law where remuneration is always under pressure, McCormacks, a 24 hr firm of criminal defence and family lawyers based in London, has invested in P4W for its unrivalled legal aid functionality.

Lawyers and law firms are at the apex of knowledge work in professional services and yet are under tremendous pressure to maintain or reduce the cost of the services delivered.

The new contracts are not expected to commence until January 2016 putting firms under huge additional pressure.

Given that law libraries, whether academic, courthouse or private law firm, are constantly under space pressures, does this mean that we should be discarding the other 80 - 94 % of the collection and using the space for something else?

«The firm's litigation model «which depended heavily on high charge hours levels by associates, counsel and partners to offset the impact of discounted rates and increased write - offs of expenses and time, has been under pressure for at least three years,» the plan says.

Commercial law firms are under more pressure than ever to modernise the service they offer.

As with other legal AI providers Dolan notes that law firms are under increasing pressure in terms of pricing for due diligence work.

& ldquo; Goodwill towards the LSC among legal aid firms is probably at an all time low & rdquo; The LSC is under pressure to deliver change too quickly, says Steve Hynes

The new leadership team — Europe, UK and Middle East (EUME) managing partner Tim Bednall and senior partner Michael Cziesla — is now under pressure to find another solution for the business, working with the firm's lenders and advisers to look for alternative options, including a merger.

«We're under tremendous pressure from management to hold the line or reduce legal expenses,» one in - house respondent said, «but firms often seem oblivious to this and just assume a 3 to 5 percent increase in rates is not an issue — IT IS!&raquis not an issue — IT IS!&raquIS!»

Law firms have been struggling with how to manage the capital markets business in Hong Kong and China, as fee rates continue to come under extreme pressure.

With partnerships in the country under intense scrutiny in recent years, and no signs of this abating, Legal Week asked partners at a range of firms in Germany why there is so much pressure on performance.

All firms have been under pressure to make higher pay awards to retain current staff.

King & Wood Mallesons» (KWM) new European management team is holding discussions with the firm's Chinese leadership to work out a way forward for its European arm, which is under pressure following a series of high profile partner exits.

After months of rumours that staff were leaving the firm and that its founder Phil Shiner was buckling under of the pressure, Public Interest Lawyers (PIL) has, according to media reports, bowed to the inevitable and announced its closure.