Sentences with phrase «traditional firms»

Plenty of traditional firms are still making plenty of money with traditional client - service models.

And those that are right will continue to have the most power in traditional firms because they will be the ones bringing in the business.

We proactively contacted them in order to explain to them how we work and how our processes fit in with the rules that were drafted with traditional firms in mind.

The win comes after a year in which the firm revamped its strategy, expanded internationally and embraced technology to set itself apart from other more traditional firms.

As I stated above, traditional firm models have no incentive to teach their associates how to develop the alternative to their current employment.

However, with competition from new legal services providers, it is even more important for traditional firms to deliver financial stability and commercial success.

Most traditional firms want to be able to get all sides of the transaction, so that's how they operate their company.

That's why so many traditional firms, which came of age in such a market, seem to have one of these strategies factory - installed.

They can choose to work at larger, traditional firms which have a business model that requires a certain amount of billable fees earned each year per lawyer to remain profitable.

Isn't the better criteria: ABS firms should be shown to be at least as innovative as traditional firms?

As this group becomes a larger portion of the total market traditional firms will start reacting but it may be too late.

The difference between ourselves and a traditional law firm is that traditional firms see technology purely as a cost - saving measure: if I do this, the cost can go down.

Our two offices are indispensable for clients and lawyers alike and we maintain the cohesion and focus of the best traditional firms.

Some elements of knowledge strategy involve traditional firm activities, such as lawyer training programs and practice group meetings.

So I joined a fairly traditional firm but at least it had an interesting range of disciplines and it meant that during my training contract I should have been able to do everything.

These are not the only traditional firms to embrace the possibilities of cryptocurrency.

Traditional firms gather information from voting records and histories of consumer purchases to predict political beliefs and voting behavior.

That is how The Good Search consistently deliver top talent clients never knew existed — candidates that traditional firms miss.

In the end, we give you more for your investment: a slate of candidates plus all the research — something traditional firms never do.

Our approach enables us to provide our expert employment and business immigration lawyers at 60 % of the cost of traditional firms.

The strategy has paid off, attracting lawyers from larger, more traditional firms and an impressive roster of clients.

Within four years, many car companies — Tesla, Uber, and Google's Waymo, along with traditional firms like Toyota and GM — expect to offer autonomous cars that can completely take on the driving task while also monitoring the road for any obstacles under specific traffic and weather conditions.

Certain new models work a cost arbitrage advantage against traditional firms for certain types of work, but they themselves will likely only be a temporary solution, to be replaced themselves by better models unless they also evolve.

I think this is because disability is perceived to be more difficult and «messier» to incorporate into traditional firm structures.

Fieldfisher held off esteemed competition to claim the Law Firm of the Year award, sponsored by Fulcrum GT, in recognition of its efforts to harness technology as a way to differentiate itself from traditional firms.

While traditional firms will continue to focus on the wealthier segments, those that also want to compete for the lower end of the market and / or improve their clients» digital experience will need to determine if and how to adjust their offerings accordingly.

The firm is also elevating the role of technology, with Atrium's lawyers working as advisors to Atrium LTS to develop more efficient tools and processes for delivering legal services and for automating low - value tasks that traditional firms bill for on an hourly basis.

We also have agents with traditional firms who want to provide their services to us, all under our supervision.»

However, Virgin Group recently hit the headlines for holding a corporate day where all employees were asked to behave in the way many traditional firms require.

The talent profile of an individual who excels in a culture of efficiency is different from someone who functions well in a more traditional firm setting because they are more adept at thinking outside of the traditional billable model.

What's more, traditional firms often shift responsibility for a client from one lawyer to another, especially from one junior lawyer to another, but without the necessary transfer of knowledge about the client and its specific needs.

Need traditional firm lawyers be left out of all this redesigning?

Lawyers usually think that all the trappings of traditional firm office space are essential to practicing law and serving clients.

As more traditional firms add this virtual component their structure, firms that want to stay competitive both from the standpoint of attorney retention as well as growing the firm's client base may want to consider how to integrate a VLO into their practice.

«There are a lot of Axiom clients who are not yet Cognition clients who handle their legal work here through traditional firms.

As legal bills continue to increase and the number of support staff in traditional firms continues to dwindle, more lawyers will need to be able to competently use office software.

As we grow and our clients» legal needs expand, we continue to carefully identify and evaluate new markets where our balance of exceptional service and high - efficiency will thrive in the midst of traditional firms rooted in excessive rates and needless overhead expenses.

Most of my discussion with the reporter focused on the larger issue, which is the economic misalignment between traditional firms and their corporate clients.

Are other traditional firms providing unbundled legal services a la carte?

Unlike traditional firms who offer very little flexibility in regard to hiring their services, Ron Naves is helping to change the legal field and offering his expert services based on the needs of his clients.

When traditional firms said it couldn't be done in the time or budget, Mondelez International + Kraft Foods looked to Axiom's innovative approach to contract review to meet the upcoming deadline.

Many NewLaw firms have a competitive advantage over traditional firms due to their variable costs structures, use of technology, external funding, alternative fee arrangements and alternative career paths.

More worrying is the power of the SRA to fine individual compliance officers in traditional firms up to # 2,000.

How will traditional firms compete with New Law and Legal Tech businesses that are focussed on delivering fixed fees to clients and better work arrangements to their employees?

According to experts, once more traditional firms start offering Bitcoin futures, the demand is likely to go up, which in turn will drive the price up to new record - setting heights.

But as long as startups play their cards right, careful never to advertise tokens that could be legally considered equity directly to U.S. investors, startups can use tokenized investing to tap into pools of capital beyond traditional firms.

Like everything else we do, we have a different approach to social media than do traditional firms: Because you want to focus on practicing law, we provide the social media infrastructure so you don't have to worry about it.

The Appendix details exactly how we stack up against traditional firms.