Sentences with phrase «firms run the risk»

Firms run the risk of management making risky decisions with a stockpile of cash, such as investing in questionable acquisitions or pet projects.
«Ghostblogging» is frowned upon in online circles, and allowing it to occur within your law firm runs the risk of a serious reputation hit if it is discovered.
Unless they learn to «speak the same language» in terms of efficiencies and processes, firms run the risk of institutional disconnect.

Not exact matches

According to Wolfango Piccoli, from analysis firm Teneo Intelligence, the Five Star leader faces a dilemma: partner up with Lega and risk alienating his own party due to conflicting platforms, or run the risk of holding multiple inconclusive voting rounds and not end up with a speaker in the House.
One trend that has a lot of value for small, closely held businesses is the hiring of an outside business management firm to cover the accounting, bill / pay, human resource management and risk - management functions tneeded to run a successful small business.
The report, co-written with risk - modeling firm Cyence, examined potential economic losses from the hypothetical hacking of a cloud service provider and cyber attacks on computer operating systems run by businesses worldwide.
How many employees and managers of the world's largest financial institutions were aware of the increased risks their firms were taking on in the run up to the latest crisis?
«In terms of liquidity, not only do our largest firms now have the right kind and amount of liquidity calibrated to their funding needs and to their likely run risk in stressed conditions, but they also are required to know where it is at all times and to ensure it is positioned or readily accessible where it is most likely to be needed in resolution.»
Trade is a great driver of productivity, and so the risk of growing protectionism concerns me.15 More open trade with the United States and Mexico in the 1990s gave Canadian firms access to much bigger markets and therefore greater incentives to invest — in both physical and human capital.16 Disrupting supply chains and reducing incentives to compete will not create more jobs and income in the long run.
Given the continuous commitment of most countries to reduce emissions, and the firm leadership of Europe, China and Russia in shaping the transformation towards a decarbonized economy, the United States runs the risk of being left behind and missing one of the greatest economic opportunities of our time.
This is a conservatively run firm that manages risk up front.
The firm offers a wide array of investment strategies run by an experienced team of portfolio managers that has worked together for many years, employing active risk management, in - depth research, and innovative product solutions.
In more than a few cases where it worked in the short run, in the long run, the management culture of a firm that survived did not learn the lessons of undue risk taking, and blew it up again.
However, if rates run too high due to inflation, firms borrowing with floating - rate loans risk default as debt servicing costs rise precipitously.
Outerwall has historically produced high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of cash flow (an attractive business), but it has been run similar to companies that get purchased by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at risk».
In discussing how to get your firm's mobile site running at peak performance, we've been drawing from the insights of a new FindLaw white paper, «Seconds Matter: The Real - World Risk of a Slow Mobile Website.»
Leon Deakin, Partner at law firm Coffin Mew, had this to say for Lawyer Monthly: «The revelation that Donald Trump's Twitter account was taken down by a disgruntled Twitter employee is a perfect example of the risks employers run when staff with access to sensitive information or with the ability to do harm to the business leave.
As just noted, law firms whose lawyers blog (even if they blog under the firm banner) run the risk that if the lawyer goes, so does the blog and its branding benefits.
Other kinds of companies may use data brokers to compile lists for marketing purposes but law firms would be running severe risks for confidentiality breach by doing this.»
Aaron Street: Yeah I mean I think this can be taken too far, so if you had an example like Brad where he only represents criminal defendants and therefore there's no risk of him having a conflict come through the site when he's getting actual information about actual cases, but you could see in a litigation, let's say a family law lawyer, if their website were trying to collect information to provide tools as both an intake and access to justice solution that you potentially run into tremendous conflicts of interest problems there and I think obviously any lawyer considering pursuing this for their firm should think through the implications of their particular situation, but I think what Brad's doing is awesome in the context of his criminal law practice and I think there are versions of a similar model that could be used in something like your debt collection defense practice or a small business startup practice or an estate planning practice, but that doesn't mean that it's a model that should be replicated by every lawyer in every practice.
Thomson Reuters Elite offers an end - to - end enterprise business management solution that allows law firms and professional services organizations to run all operational aspects of their firms including business development, risk management, client and matter management, and financial management.
Maybe you'll be more careful next time...» When outside lawyers and law firms, unaccustomed to the risks of AFAs, started to accept such engagements they quickly realized that unless they ran their legal matters like professional projects they would be unprofitable.
Since it's now a «buyer's market» for business legal services, outside law firms that fail to embrace LPM as a means to achieve and implement profitable AFAs run the serious risk of becoming irrelevant and obsolete in the changing legal marketplace.
IRIS Legal today announced an offer to all 2e2 legal sector clients to move their hosted and break - fix solutions to the award winning IRIS Legal service, irrespective of the practice management software they use, to keep their business up and running and minimise risk and potential impact on the firm.
Why on earth would anyone in their right mind risk running their firm on a technology built on top of someone else's technology?
I believe that has been achieved through the hard work of claimant lawyers, their dedication to the job, the sharing of knowledge and best practice, the acceptance of risk and the development of businesslike yet professional ways of running firms.
CALGARY — Law firms face a range of threats to the businesses they run but many can be mitigated with some careful risk management from the top.
Corporate clients in the current buyers» market are increasingly demanding lower, fixed prices and value - based Alternative Fee Arrangements («AFAs») in lieu of hourly billing — making law firms bear the «risk of loss» in uncertain but complex litigation and transaction matters — even as the costs of running law firms continue to climb.
Stephenson Harwood LLP has been named «Law firm of the Year» at the Operational Risk Awards 2017, for the second year running.
The fundamental premise of the session was a fairly straightforward one; without very careful thought around pricing strategy, firms that rush headlong into the new technology run the risk of a double whammy — the cost associated with investing in the technology and some fee earners finding that their bread - and - butter work (rudimentary document review and the like) can be done in a small fraction of the time that they would normally devote to cranking out billable hours.
«It was like running a startup inside a major law firm, but with the downside risk removed.
Inefficiently run law firms risk ruin as the Walmarts and Amazons of professional services muster the capital and technology to industrialize and streamline the practice of law.
The risk that some law firms may run into is that they will be seduced by the hype surrounding AI, erroneously believing that it will solve «all sorts of problems,» without examining all of their options, adds Peters.
Mark Dunn, head of risk and compliance at LexisNexis, says: «The regulatory authorities are likely to clamp down hard on law firms that do not adhere to the new regulations so companies need to make sure that they don't run the risk of being penalised.»
Firms making redundancies run the risk of stress - related mistakes, and not having smooth handovers of ongoing matters, perhaps leaving loose ends such as registration of mortgages.
But two recent developments have put this status quo at risk: 1) clients are running out of money; 2) solo / small firm lawyers (whose clients never had money anyway and who are starting to target higher - tier clients with tight budgets) can not bear the above costs.
If you're running a restaurant, an IT startup, or an architectural firm, you need to learn about your risks, assess your finances and needs, and then find an Aurora business insurance policy that can protect your company.
The procurement deals would include the global risk management and forex trading operations it runs out of London as well as patent licensing fees which Huawei, the world's No 3 smartphone maker, pays out to British technology firms such as chip designer ARM, now part of Japan's Softbank.
As your firm adopts more and more cloud based solutions, it also runs the risk of incurring use tax obligations on those expenditures.
So many firms are working on this, the industry runs the risk of creating a maze of distributed ledger silos,» he said.
Peppering the internet, job sites and particularly recruiting firms with your resumes and cover letters does not work and it also runs the risk of getting you blacklisted.
The risks inherent in social media run the gamut from minor embarrassment to seriously damaging your firm's reputation by simply saying something stupid, inadvertently bashing a competitor, posting incorrect information, bad grammar, inappropriate photographs, etc..
Without help «you run a huge risk,» agrees Frank Badillo, senior economist and manager of global research for Retail Forward, a consulting firm based in Columbus, Ohio.
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