Sentences with phrase «traditional firms require»

Not exact matches

Whereas traditional investment methods require a firm to list in one country and utilize (at least initially) one exchange, creating and selling its own cryptocurrency allows a firm access to finance from anyone, anywhere, outside the normal constraints imposed by state - issued currencies.

Since staffing firms require a finance partner that recognizes the unique challenges facing their industry, many have turned to alternative lenders for the speed and flexibility that is hard to replicate in a regulated traditional banking market.

When they do consider first - time funds, they traditionally require what's known as an «attributable exited track record» of returns.Which translates to GPs who've already worked at prior firms as the investment decision - makers and long enough for the underlying portfolio companies to have been acquired or IPO'd (traditional funds are 10 - 12 years long to accommodate for the time it takes for the portfolio companies to exit.)

But the perception of relevance — and thus the efficacious use of practical reason — require a firm grounding in the past and the secure possession of the capacities and skills just referred to which are nurtured by the traditional school curriculum.

Big tech firms are competing with traditional car companies like Ford to map our world in the detail required to get driverless cars on the road

The reason Mozilla is eschewing the traditional browser format is the firm believes that mobile Web surfing is different than computer surfing and thus requires a different browser.

The difficulty with this observation is that the required work hours of most traditional law firms make it difficult for them to retain large numbers of women, who still generally shoulder more child rearing responsibilities.

In other words, the traditional law firm operating under the traditional law firm business model is an inhospitable place for many, many lawyers — a place where their success depends not upon their skills as a lawyer but upon their abilities in areas in which they have no training, interest or aptitude, as well as upon their gender and the color of their skin; a place that requires them to sacrifice their personal lives; a place where they do not feel valued or fulfilled in their work; a place and where opportunities are denied to them and only a very small number can reach positions of success.

Some jurisdictions have held on to the traditional notion of a brick and mortar law firm, requiring that lawyers practice out of a physical bona fide office.

Because your law firm and in - house attorneys have little incentive to speed up processing times, cut costs, and reduce error rates — adoption of legal tech likely requires a push from outside the ranks of lawyers who are captive to the traditional business model.

They are employing qualified lawyers, who are not necessarily the most expensive, to perform legal work in a quality, efficient and cost - effective manner, as opposed to referring all legal work requiring outside assistance to their «traditional» law firm.

In a virtual firm, the requirements necessary to maximize productivity as a «traveling lawyer» shrink dramatically when compared to the traditional IT deployment model, which requires the installation, periodic rebuilding and maintenance of every core application on both individual PCs and separate laptops for out - of - office travel.

Director of knowledge management development at Freshfields Bruckhaus Deringer, Julia Randell - Khan, who led the KM Project Athena team in collaboration with the firm's IT department, said, «An extensive review of the firm's KM activities found a significant change in the type of work clients require, from the traditional jurisdiction driven work to demand for cross-border product driven work.

More privately and publicly owned businesses are «shopping around» to retain high quality attorneys in smaller and midsized firms — who are not necessarily the most expensive — as an alternative to referring all of their legal work requiring outside assistance to their «traditional» larger firms.

To believe that lawyers are going to take the time to manually upload documents to a central server and create a document «profile» as most traditional DMS systems require in order to successfully store, archive and retrieve files is a great disconnect between software engineers and designers at traditional DMS companies and law firms.

45 Cf. Sinsheimer & Herring, supra note 2, at 123 (recommending, based on three - year observational study of law - firm associates, that «[l] egal educators should consider developing exercises that require students to compose emails in various contexts»); Wawrose, supra note 14, at 547 («One of the major structural changes to the first - year LRW syllabus our research suggests is the inclusion of short research and writing assignments to supplement the traditional memo and brief assignments often used in first - year LRW classes.»).

In a similar fashion to those working as general counsels at a traditional firm, general counsels working for a PC are required to have LawPRO insurance as they are using their legal knowledge, judgment and skills with respect to their work for the PC.

And if they can't cope, who will perform all the important and sophisticated legal services that require a lawyer's attention, but that can no longer be effectively served from the traditional law firm?

The same 14 - page application form is required for all applicants, regardless of whether they intend to operate as an ABS, a traditional law firm, or as a sole practitioner.

There will be traditional law firms on one side, looking after the most sensitive projects that require experienced and expensive legal talent.

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.

: Embracing eDiscovery and influencing change requires that individuals within the law firm environment personally experience value over traditional methodologies.

Much of the interest to date from traditional financial firms involves «private» blockchains, meaning permission from an authority is required before a party can join the network.

He says this was surprising because the lender was an insurance company that typically only finances traditional office buildings in core markets — like those occupied by law firms and financial companies — that require minimal improvements when a space turns over.