Practice
When Will the Number of Law Jobs Rise?
October 26, 2016
At Attorney at Work, consultant Jordan Furlong sees a decline in law jobs continuing. However, the decline is only temporary: But by 2026, this cull of lawyers — that feels like the appropriate word — should have ended, and legal jobs should be on the upswing again. That’s because there’ll be a much wider diversity of legal careers and more platforms on which they can develop. To learn what will cause the upswing, please click here.
October 26, 2016
At Attorney at Work, consultant Jordan Furlong sees a decline in law jobs continuing. However, the decline is only temporary: But by 2026, this cull of lawyers — that feels like the appropriate word — should have ended, and legal jobs should be on the upswing again. That’s because there’ll be a much wider diversity of legal careers and more platforms on which they can develop. To learn what will cause the upswing, please click here.
Arbitration Clause Resources
October 25, 2016
▪ Latham & Watkins Guide to International Arbitration ▪ Proskauer Guide to Arbitration ▪ Practical Law (numerous helpful resources – subscription required) ▪ Dispute Resolution Around the World (Baker & McKenzie) ▪ Arbitration Nation (blog) ▪ Kluwer Arbitration Blog ▪ Arbitration Notes (blog) ▪ Arbitral Institutions and Arbitration Courts (listing) ▪ List of Global Arbitration Bodies ▪ Sample Arbitration Clause (ACC) ▪ Sample Arbitration Clauses (ABA/Hogan...
October 25, 2016
▪ Latham & Watkins Guide to International Arbitration ▪ Proskauer Guide to Arbitration ▪ Practical Law (numerous helpful resources – subscription required) ▪ Dispute Resolution Around the World (Baker & McKenzie) ▪ Arbitration Nation (blog) ▪ Kluwer Arbitration Blog ▪ Arbitration Notes (blog) ▪ Arbitral Institutions and Arbitration Courts (listing) ▪ List of Global Arbitration Bodies ▪ Sample Arbitration Clause (ACC) ▪ Sample Arbitration Clauses (ABA/Hogan...
Ten Things GCs Need to Know When Searching for the Perfect Arbitration Clause
October 24, 2016
In this edition of “Ten Things,” former Travelocity and Sabre General Counsel Sterling Miller searches for the perfect arbitration clause. Alas, much like Moby Dick, El Dorado, Sasquatch, and honesty in politicians, the search comes up dry. But, with a little work, you can come up with a “really damn good” arbitration clause that will better suit your company’s interests and goals. It requires time and effort, such as taking a long look at the clauses you are using now and asking yourself...
October 24, 2016
In this edition of “Ten Things,” former Travelocity and Sabre General Counsel Sterling Miller searches for the perfect arbitration clause. Alas, much like Moby Dick, El Dorado, Sasquatch, and honesty in politicians, the search comes up dry. But, with a little work, you can come up with a “really damn good” arbitration clause that will better suit your company’s interests and goals. It requires time and effort, such as taking a long look at the clauses you are using now and asking yourself...
Will AI Rush in a ‘Skills Renaissance’ in Law?
October 21, 2016
What’s the deal with young people these days? Well, in the context of lawyers, the young are leading the way with technology. A recent Reuters blog pegs the innovators’ age range between generations Y (born mid-70s to early 2000s) and Z (the 90s – 2000s), within which lie the individuals that are transforming the future of legal services. And nothing looks to impact law more significantly in the coming decade than artificial intelligence (AI). The real-world benefit of its application is “continuing...
October 21, 2016
What’s the deal with young people these days? Well, in the context of lawyers, the young are leading the way with technology. A recent Reuters blog pegs the innovators’ age range between generations Y (born mid-70s to early 2000s) and Z (the 90s – 2000s), within which lie the individuals that are transforming the future of legal services. And nothing looks to impact law more significantly in the coming decade than artificial intelligence (AI). The real-world benefit of its application is “continuing...
The Circuit: ReInventing Dan Katz & Thanksgiving
October 20, 2016
Daniel Martin Katz has a knack of drawing a big audience, and the now that he has settled into his new job he’s already ramping up his latest agenda. On Friday, Nov. 4, Katz will launch Fin (Legal) Tech – A Conference About Law’s Future. In August, Katz hit a home run at ILTACON (the International Legal Technology Association annual conference) with his keynote discussing his current passion: Fin (Legal) Tech — The Financialization of the Law. The time has come to rethink the economics...
October 20, 2016
Daniel Martin Katz has a knack of drawing a big audience, and the now that he has settled into his new job he’s already ramping up his latest agenda. On Friday, Nov. 4, Katz will launch Fin (Legal) Tech – A Conference About Law’s Future. In August, Katz hit a home run at ILTACON (the International Legal Technology Association annual conference) with his keynote discussing his current passion: Fin (Legal) Tech — The Financialization of the Law. The time has come to rethink the economics...
Innovators or Luddites? Legal May Be Leading the Way in AI
October 16, 2016
This week in AI, we do away with the idea of lawyers being behind the times and focus on legislators, regulators and litigators forging ahead. Lawyers are often perceived as taking an antiquated view toward their practice, taking comfort in the simplicity of boxes packed to the brim with papers and teams of reviewers tediously scanning each one for information relevant to the case. This comfort, so the generality goes, evokes an adverse response to technologies and vendors promising tools that...
October 16, 2016
This week in AI, we do away with the idea of lawyers being behind the times and focus on legislators, regulators and litigators forging ahead. Lawyers are often perceived as taking an antiquated view toward their practice, taking comfort in the simplicity of boxes packed to the brim with papers and teams of reviewers tediously scanning each one for information relevant to the case. This comfort, so the generality goes, evokes an adverse response to technologies and vendors promising tools that...
Small Firms Struggling to Take the Technology Leap
October 8, 2016
Bruce MacPherson Selecting and using new technology that positively affects a firm's bottom line is an investment. The initial time investment alone can be daunting, given the way legal technology has ballooned in recent years. It's now a multibillion-dollar buffet of choices. The struggle to remain current is felt by the world's largest firms all the way down to the smallest. Smaller firms and solo practitioners face a unique set of challenges all their own that has led to a dearth...
October 8, 2016
Bruce MacPherson Selecting and using new technology that positively affects a firm's bottom line is an investment. The initial time investment alone can be daunting, given the way legal technology has ballooned in recent years. It's now a multibillion-dollar buffet of choices. The struggle to remain current is felt by the world's largest firms all the way down to the smallest. Smaller firms and solo practitioners face a unique set of challenges all their own that has led to a dearth...
Artificial Intelligence Disrupting the Business of Law
October 8, 2016
Firms are recognising that failure to invest in technology will hinder ability to compete in today’s legal market © Anna Gordon A study by Deloitte has suggested that technology is already leading to job losses in the UK legal sector, and some 114,000 jobs could be automated within 20 years. Professor Richard Susskind, a technology consultant and co-author of The Future of the Professions: How Technology Will Transform the Work of Human Experts, predicts...
October 8, 2016
Firms are recognising that failure to invest in technology will hinder ability to compete in today’s legal market © Anna Gordon A study by Deloitte has suggested that technology is already leading to job losses in the UK legal sector, and some 114,000 jobs could be automated within 20 years. Professor Richard Susskind, a technology consultant and co-author of The Future of the Professions: How Technology Will Transform the Work of Human Experts, predicts...
Technology’s Part in Closing the Justice Gap
October 7, 2016
William Hubbard, immediate past president at the ABA and currently partner at Nelson Mullins Riley & Scarborough, said that 80 percent of the poor as well as 50 percent of people of "moderate means" currently don't have adequate access for addressing their legal concerns, while some 96 million Americans are currently qualified for legal aid. Among his suggestions, Hubbard urged the audience to "think more creatively about how we deliver legal services," which means attorneys should "embrace...
October 7, 2016
William Hubbard, immediate past president at the ABA and currently partner at Nelson Mullins Riley & Scarborough, said that 80 percent of the poor as well as 50 percent of people of "moderate means" currently don't have adequate access for addressing their legal concerns, while some 96 million Americans are currently qualified for legal aid. Among his suggestions, Hubbard urged the audience to "think more creatively about how we deliver legal services," which means attorneys should "embrace...
Why Young Bankers, Lawyers, and Consultants Need Emotional Intelligence
October 5, 2016
VINCENT TSUI FOR HBR Early in your career — whether it’s in banking, law, consulting or accounting — you will discover that all of your colleagues are as smart and hard working as you. You’ll learn that the key to being successful must be something else. Over my 40-year banking career, I’ve learned that the critical distinguishing factor for advancing in the professional services is emotional intelligence (EQ). Without EQ, it’s likely that you will be your firm’s “best-kept secret”...
October 5, 2016
VINCENT TSUI FOR HBR Early in your career — whether it’s in banking, law, consulting or accounting — you will discover that all of your colleagues are as smart and hard working as you. You’ll learn that the key to being successful must be something else. Over my 40-year banking career, I’ve learned that the critical distinguishing factor for advancing in the professional services is emotional intelligence (EQ). Without EQ, it’s likely that you will be your firm’s “best-kept secret”...
