The move from traditional filing systems to cloud-based document management software has been not just the trend but the standard for most law firms. This has rendered firms who still keep a substantial amount of paper files obsolete in their practices. But in 2020 there have been additional challenges due to recent global office closures and new social distancing rules.
It’s no secret that the legal industry is rapidly transforming and today, law firms and legal departments from all over the world are feeling the pressure to respond.
Perhaps it’s no wonder; clients expect better and more efficient customer service and law firms feel the need to stand out from the crowd.
Legal tech is becoming increasingly popular among big players in the legal sector and among the influencers and leaders of this sector. We can agree that there are many advancements in it and that it is bringing the sector to adapt to modern changes. However, in this article, we will walk you through the return of investment in different types of those legal techs and how beneficial they can be for your practice both in the short and long term.
The law of supply and demand is reshaping the global labor market again. There is an incredible rise in remote work practices and that is transforming the way companies operate and build their cultures.
Recently, GQ magazine published a group photo featuring popular Silicon Valley tech executives on a trip to Italy. The photo included 15 men and two women - however something in the photo looked off. As Buzzfeed News discovered, the female CEOs had actually been photoshopped in - and consequently, people on Twitter weren’t very happy about it.
There’s no doubt that transparency is key for building trust in today’s business environment. And not telling the whole truth is not only a big faux pas for the brand, but also damaging to the group(s) that aren’t privy to what’s going on behind the curtain.
This year, creativity was named the most important skill in the world by Linkedin Learning. But as the learning platform argues, the ability to work creatively doesn’t mean everyone needs to know how to draw, design or write.
“Yes, an artist could be creative,” reads the article. “But so could a software engineer, a mathematician, a salesperson or a CEO.”
That’s because simply put: creativity means knowing how to solve a problem in a novel way.
Start-up companies provide enormous economic growth prospects and employment opportunities in all countries across the EU and other parts of the world. According to Start-up Club Europe, a staggering 4.5 million people worked in 830,000 companies across 20 EU start-up hubs in 2017.
For the thousands of existing start-ups, their future success will partially depend on the extent to which they have invested in legal advice throughout their journey.
Topics: Law firm management