Latest news – In-house salaries revealed; Cyber risks with remote work; COVID-19 prompts cultural change

Salary guide lists in-house remuneration levels In its latest salary report, consultancy firm Taylor Root has commented that the in-house function is becoming even more fundamental to the success and functioning of a business in the age of COVID-19. The report, called 2020-21 Salary Guide & Market Report for the Corporate and Commercial Industry Sectors […]

Latest news – Cybersecurity focus for CLOs; Backing for electronic document processes; Workflow gains the 2021 goal

CLOs key players in cybersecurity planning A new international survey reveals that within 71 per cent of organisations, the chief legal officer (CLO) plays a key role in leading cybersecurity strategies. In its 2020 State of Cybersecurity Report, the Association of Corporate Counsel Foundation examines cybersecurity activities from an in-house perspective. It surveys 586 law […]

What does your firm’s balance sheet tell you?

In an effort to increase the net worth of their law firm, smart partners should be paying more attention to five important intangible assets on their often-neglected balance sheet, writes Joel Barolsky. Law firm partners pay a lot of attention to their firm’s profit and loss statements, but they tend to glance over the asset […]

Law firm essentials for surviving the COVID-19 pandemic

During the COVID-19 pandemic, resource-poor small law firm practitioners have to take care of themselves, their clients and their cashflow if they hope to survive, while at the same time catering to the whims of all their stakeholders. Jordan Furlong offers some tips on how to do it. What will the COVID-19 pandemic and its […]

‘Unprecedented’ times as over-the-top language goes viral

Hyperbolic language during the COVID-19 pandemic is a reminder to all staff members in the legal sector of the importance of words and the need to use them accurately at a time when face-to-face communication is often difficult, write Trish Carroll and Sharon de Bomford. We’re putting out the call to lock down the word […]

Q&A: Matthew Karakoulakis – “What I’m saying is that hard work has its place – and sometimes people forget the need to work hard.”

In the second part of our Q&A, AMK Law founder Matthew Karakoulakis tells us how the Japanese principle of kaizen is giving his firm an edge, and why diversity is so important to his life and work. How is AMK Law faring during the COVID-19 pandemic? “COVID-19 has definitely changed the world, not just the […]

Q&A: Matthew Karakoulakis – “If you can be clear about your process and control the events, you’re likely to get the outcome you want”

In the first part of a two-part Q&A, AMK Law founder Matthew Karakoulakis explains why practising martial arts has been so important to his legal career, and how innovation is helping his clients. Why did you choose law as a career? “I grew up in Adelaide and knew from about the age of 10 that […]

Latest news – Office space shrinking; Revenue falls for law firms; Legal assistance coup

Law firm offices shrink as COVID-19 hits home COVID-19 appears to be accelerating the shift towards law firms with smaller office footprints. While many law firms had already been downsizing their offices before the pandemic hit, the shift to working from home may be fast-tracking that process. According to a survey conducted by commercial real […]

Q&A: Roger Blow – “To be able make personal calls on how you work is a freedom you can only really get by having your own gig.”

In our Q&A, Cove Legal founder and practice director Roger Blow explains why he is cautious about his boutique firm growing; how he tries to be brutally honest if something goes wrong with a legal matter; and why participating in cycling and music makes his life a whole lot better.   First thing first, how […]

Lessons from NewLaw firms on handling the COVID-19 crisis

The agility of NewLaw firms has been clearly demonstrated during the COVID-19 crisis and presents lessons that traditional law firms would be wise to learn and implement, writes Catherine Brooks. With the COVID-19 outbreak and the requirement to work from home, law firms have been quickly forced to pivot and set up systems to try […]