Risk training – you have to do it, but are you wasting your time and money?

There is a clear role for risk-management training to contribute to better performance and culture within law firms, but it has to be part of a broader risk and compliance framework, writes Annette Beashel. There is a lot of money, time and effort being spent on risk training for law firms. Most continuing legal education […]

Latest news – In-house counsel key to COVID-19 response; Top-tier firms in mental health initiative; Positives among pandemic gloom

Corporations turn to in-house counsel during pandemic A new report from legal recruitment firm Taylor Root indicates that corporations are relying heavily on their legal departments during COVID-19. The 2020 Global In-House Market Report & COVID-19 Impact Survey found that 66 per cent of the general counsel/heads of legal respondents were actively involved with crisis […]

Q&A: Emma Zadow – “You’re pushing and cajoling lawyers to get them out in the marketplace, to be talking to clients, to be selling.”

In our Q&A, The Fold Legal chief executive officer Emma Zadow explains how a people-first approach has helped the firm deliver a great client experience and create an excellent place to work. How is the market for The Fold Legal at the moment, especially given uncertainties around COVID-19? When the pandemic really hit in April, […]

Beware the hidden costs of working from home

There are potential health and convenience benefits as a result of working from home during COVID-19, while law firms and in-house teams are also reporting surprising productivity gains. However, there are some disadvantages that team leaders have to factor in, writes Mark Andrews, an IT executive at Baker McKenzie. I want to start from a […]

Helping your clients by charging more

There is natural inclination for a law firm to offer discount rates to valued clients in order to assist them and keep them on board, but this is an approach that may cost your firm and your client, writes Colin Jasper.   I want to help my clients Most lawyers develop bonds with their clients. […]

Latest news – Sign up for webinars; Salaries revealed; HR ‘culture change’

Webinars put spotlight on post-pandemic law firm tactics Pricing and digital marketing strategies in the aftermath of COVID-19 will be among the key topics on the agenda for law firm leaders in an exclusive five-part webinar series. As part of the World Masters of Law Firm Management masterclasses – called ‘PC19’ Post-Covid – Bring the […]

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 […]