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Law Practice Management Due Diligence

LawVision

The Lateral Gold Rush: 5 Critical Questions Law Firm Leaders Must Ask

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The lateral hiring market is always in motion—and law firm leaders are frequently under pressure to act. But before you make your next big lateral hire, pause. You have a lot more to lose than you think. The firms that are...more

Decipher Investigative Intelligence

Laterals and Malpractice: Clear and Present Danger

If the statistics about high failure rates of lateral partners don’t persuade you, consider another barometer: the stress levels of professional liability insurers. Indeed, lateral hiring tops the list of issues that...more

Decipher Investigative Intelligence

Nine Actions Smart Law Firms Take in Q4

The fourth quarter presents law firm leaders with a critical period for addressing strategic planning, financial management, and compensation adjustments. However, firms that extend their focus beyond immediate financial...more

Decipher Investigative Intelligence

Beyond Red Flags: Deploying Positive Intel from Due Diligence

We admit it: Sometimes it’s tempting to lead with the negative information from pre-hire investigations. Bullying behavior, inflammatory social media posts, fabricated client relationships – these (very real) examples raise...more

Decipher Investigative Intelligence

Beware the Off-Cycle Lateral

Timing is everything, as the saying goes — and it certainly holds true when it comes to assessing the risk of lateral partner candidates. Indeed, Decipher Investigative Intelligence analysis reveals a significant trend:...more

EDRM - Electronic Discovery Reference Model

Navigating a Shifting Landscape

An Interview with Dr. Maura Grossman by Kate Halloran - What do you recommend that law firms focus on when developing policies around the responsible use of AI? Firms must have a very clear idea of the scope of permissible...more

Butler Snow LLP

ABA Formal Opinion 498: What You Don't Know (About Practicing Law Virtually) Can Hurt You...Professionally

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Most of us, even old-timers, changed the way we practiced law when the Coronavirus pandemic hit. We stopped going to the office (as much), we worked remotely (a lot), and we video-conferenced a whole bunch (before March 13,...more

Epiq

Alternative Legal Service Providers and the Law Firm: Friend or Foe

Epiq on

In 2017, Thomson Reuters, Georgetown Law Center for the Study of the Legal Profession, and the University of Oxford Said Business School partnered in a study on Alternative Legal Services Providers (ALSPs). They reported that...more

Dorsey & Whitney LLP

AI Goes to Court: A Conversation With Lex Machina and Dorsey & Whitney

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Two months ago, I participated in a fascinating panel at Dorsey’s 30th Annual Corporate Counsel Symposium in Minneapolis, entitled “The Times, They Are A-Changin’: AI Goes to Court.” We examined how artificial intelligence...more

Jackson Walker

Why Lawyers and Firms Should Actively Manage Their Online Presence

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The need for due diligence research is high for both law firms and their clients. Now more than ever, firms are researching attorney candidates before they are hired. Likewise, clients looking to hire an attorney or firm are...more

Hinshaw & Culbertson LLP

The Lawyers' Lawyer Newsletter - Recent Developments in Risk Management - March 2016

Motion to Withdraw — Meaning of Requirement to "Diligently Attempt" to Locate the Client: Caveman Foods, LLC v. Ann Payne's Caveman Foods, LLC, Civ. No. 2:12-1112 WBS DAD - Risk Management Issue: When a lawyer or law...more

LawVision

Strategic International Expansion: Doing the Right Due Diligence Will Increase Your Chances of Success

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As the world becomes smaller and globalization in most industries is now a given, more and more firms are thinking about global expansion. Many firms are attracted to the possibility of getting a piece of what they think is a...more

Burr & Forman

TN Ethics Opinion Approves Lawyers’ Cloud Storage of Client Data

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Tennessee has joined other states in formally approving lawyers’ cloud-storage of client-confidential data. The Board of Professional Responsibility (“BOPR”) held that lawyers ethically may use cloud storage for...more

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