43 ABA Journal Mind Your Business articles.
Before you start drafting a plan to expand your firm into new territories or practice new areas of law, it’s important that you don’t fall into the habit of overworking yourself in order to achieve your business goals.
Sep 18, 2023 11:19 AM CDT2022 State of U.S. Small Law Firms report, 22% of law firms admit that “differentiating your firm from your competition” is one of the top three goals or priorities for their practices. The report also indicates that 50% of firms find “challenges acquiring new client business” a moderate challenge, and 22% see it as a significant one. At the same time, almost three-quarters of the firms feel that the most competition comes from other law firms of similar size.
Aug 22, 2023 2:05 PM CDT
“Generative AI systems are made up of billions or even trillions of parameters trained on vast amounts of data, and their complexity makes their outputs notoriously difficult to explain. But can complex generative systems undergo meaningful audits?”
Jul 17, 2023 8:12 AM CDT
Jun 1, 2023 9:16 AM CDTare not exempt.
Apr 20, 2023 8:51 AM CDT
Mar 21, 2023 10:14 AM CDT
Feb 16, 2023 12:21 PM CST
The pandemic pressured corporate legal departments to control costs and collaborate online to an unprecedented degree as demand for legal services surged. But missteps await legal departments that rush into implementing technology without first taking a thorough look at the bigger picture.
Feb 1, 2023 2:20 AM CST
Jan 24, 2023 2:42 PM CST
An intrepid cavalier King Charles spaniel inspired a microincubator program aimed at giving associates room to develop leadership skills, foster creative thinking and facilitate collaboration with colleagues in different locations and practice areas.
Dec 12, 2022 8:45 AM CST
A firm’s chosen fee structure and how its finances are handled can lay the foundation for the entire life of the business and sometimes provides early indicators in determining whether it will grow and thrive or eventually crumble.
Dec 1, 2022 2:10 AM CST
As the world continues to digitalize, legal professionals must embrace this change sooner rather than later to remain competitive. Check out five steps to increase your online client base before you find your business left behind gradually, then suddenly.
Nov 1, 2022 8:41 AM CDT
Oct 3, 2022 9:56 AM CDT
The pandemic’s global economic and human impact has created new challenges for in-house legal teams. Supply chain disruptions, sharp increases or decreases in consumer demand, and the impact of uncertainty surrounding remote work options have pushed in-house legal teams to rethink the work they are doing and how they are doing it.
Oct 1, 2022 2:20 AM CDT
Sep 6, 2022 8:30 AM CDT