Whenever a transcontinental commercial opportunity or a business operation is expected to take place, one of the core challenges to face from the legal counselling standpoint relies on the need to match the parties’ legal frameworks into one single agreement. This task is usually taken to the next level when the parties’ law families differ from each other. That is, when Common Law and Civil Law frameworks are to convene.
A number of well-financed players are competing to be the first to bring a viable private securities exchange to market. The objective is not a new one. We are in the middle of a thirty-year trend of increased efficiencies and liquidity in privately held securities, but the race does seem to be heating up.
If you’re like most lawyers, you love your smartphone. Some might even call it romantic love. We bring our smartphones everywhere. According to the latest stats, most lawyers probably spend more time looking at their smartphones than they do talking to their friends.
I quickly realized two things: First, I needed to speak to some experienced general counsel to get their advice on building a legal department from scratch. Second, given the breadth of my responsibilities, I would need to streamline our legal operations so that contracting was never the bottleneck in our sales and business development efforts.
The future is here much sooner than anyone in the legal profession might have expected. For years, we have seen how due diligence and document review could be sped up through technology. Skype, and now Zoom, had been tentatively used in teleconferencing but had not penetrated into the courtroom. Artificial intelligence has just begun to work in the legal environment.
Traditional hourly billing is so last century! But how does a law firm get away from the way we've always done it? Consumers love alternative fee structures, but can it work for your bottom line? In this free webinar, Jess Birken pulls back the curtain on her subscription legal services program to show you just how (and why) she left hourly billing behind and made subscription the future of her firm.
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