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Securing Your Practice’s Future: Making the Pieces Fit Together
Last year was one of substantial change for many small law firms as they continued to develop and refine their skills, especially in regard to how they run their businesses, not just how they practice...
View Article3 Financial Covenants to Consider in Your Acquisition Loan Agreements
If you are a lender providing funds for a borrower’s acquisition of a company, unit trust or key business assets, there are a few things you’ll want to factor into the drafting of your loan agreement...
View ArticleWebinar: How Smart Legal Research Realises the Value of Your Time
A number of factors go into getting the law right. These can range from the depth of your industry experience to the critical-thinking skills you’ve acquired from law school. But when you think of a...
View ArticleLaw Firm Responses to the COVID-19 Crisis: Current Actions & Future Challenges
Over the past few weeks, the legal industry, like the rest of the economy, has struggled with how to respond to the COVID-19 pandemic. Essentially all law firms have shifted to virtual operations as...
View ArticleYour Business Professional Team is Critical to Your Firm’s Viability
In recent weeks, the headlines say it all. Law firms are doing everything possible to minimise the economic downturn and the ongoing financial woes created by the COVID-19 pandemic. How’s that playing...
View ArticleMonitoring Client Industries & Planning for the Pandemic Aftershock
Amid the fast-paced consequences of this global COVID-19 pandemic, it is already a given that every law firm must now adapt to dramatic and rapidly changing circumstances. Nowhere is that more evident...
View ArticleTech and the Law 2020 Report
Thomson Reuters and Momentum Intelligence are pleased to launch the annual Tech and the Law 2020 Report, a complimentary resource with exclusive findings. This year’s edition presents legal leadership...
View ArticleProcess improvement & project management in the new ‘new normal’
While I have been going on in several blog posts, podcasts and recent speaking engagements, about the renewed need for process improvement and project management in the legal profession, much of that...
View ArticleSecuring Your Practice’s Future: Helping Your Law Firm’s Practice Areas Evolve
Previously, I’ve written that “you catch the fish in the ponds you fish in.” For your law firm, that means not only do you attract the eyeballs that are looking where you’re marketing, but also that...
View Article2020 Report: State of the US Mid-Sized Legal Market
The 2020 Report on the State of the Legal Market — produced by Thomson Reuters Legal Executive Institute and the Georgetown Law Center on Ethics and the Legal Profession — focuses on not only the...
View ArticleState of US Corporate Law Departments Report: Adapting to 2020
Corporate law departments are under heavy pressure on many fronts, and the current pandemic crisis that is seeing the way work is done upended across the world, is only going to exacerbate those...
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Transforming with Legal Tech Podcast Episode 2: The Nimble Boutique Firm
Last month we launched the Transforming with Legal Tech Podcast and explored innovation in Hong Kong. In the latest edition, two boutique Australian-based law firms reveal how they have found client...
View ArticleTop 10 Features to Look for in a Cloud Collaboration Vendor
More and more law firms, tax firms and corporate legal teams are making the decision to have their staff work remotely. They face the challenge of keeping their teams connected while working during...
View Article2020 Australia: State of the Legal Market Report
How is the Australian legal market performing during the ongoing pandemic? No guessing is needed to answer this commonly asked question. Simply pore over the 2020 Australia: State of the Legal Market...
View ArticleInsights from Thomson Reuters’ CEO: Road Ahead for Regional and Global...
From adopting foreign technology to hosting virtual meetings, COVID-19 has given many organisations the challenge of a lifetime. Unfortunately, there’s no clear sign as to when industries will return...
View ArticleLegal Business Operations: Gearing up for 2021
Legal leaders have their work cut out for them next year. The global health crisis has thrown organisations challenges to last a lifetime. Industry professionals worldwide experienced prolonged...
View ArticleWhy Knowledge Management is “Business Critical”
Leona Blanco is the National Knowledge and Information Manager for the Australian offices of Clyde & Co. Tim Perry and Bryan Jung of Practical Law interviewed Leona at a recent roundtable, and...
View ArticleIs the Market Changing Faster than Your Firm? 5 Billing Fundamentals
The Australian and international legal markets are changing and are changing at an accelerated pace. The rise of ‘NewLaw’ firms and fixed-price legal services in particular are prompting traditional...
View ArticleLong Road Back: Asian Law Firms Still Coping with Pandemic Impact
Many months into the pandemic, law firms in Asia are still looking for ways to cope with COVID-19 and its impact. While some firms are rolling out various initiatives to ensure smooth working and keep...
View ArticleExpanding Your Law Firm’s Tech Function to Support Business
You support your law firm’s business model in many ways and looking after clients is number one. Clients expect a particular level of service and expertise from your firm and trust you to deliver for...
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