In-house legal professionals are entering 2025 with an expectation that the year will bring challenges they can anticipate, as well as a host of headaches that are unexpected right now. They are considering strategy involving not only technology-enabled business...
Businesses across the globe are bracing for potential increases in tariffs on imported goods flowing into the U.S. in 2025. “On the campaign trail, then-presidential candidate Donald Trump proposed instituting a range of unprecedented tariffs, including...
By Madison Johnson, Esq. | Manager, Large Markets Successful litigators often talk about the importance of grounding their case strategies in objective data and then relying on their experience to make nuanced judgments as they go about the litigation of the...
By Madison Johnson, Esq. | Manager, Large Markets Legal professionals understand the importance of staying informed about breaking developments in the business world, but it is especially critical for them to be on top of legal industry news and trends. Making...
By Madison Johnson, Esq. | Manager, Large Markets Law firm marketing professionals are under the gun more than ever in today’s legal industry landscape. A report presented at last year’s Law Firm Marketing Summit found that almost two-thirds of marketing...
By Madison Johnson, Esq. | Marketing Manager The competitive landscape for legal services has changed significantly over the past two decades. An industry that was once characterized by long-term loyalty between law firms and corporate clients has been transformed...
Petersen Health, an Illinois-based company that operates nursing facilities in the Midwest, filed for Chapter 11 bankruptcy protection in March 2024. Within one month, the company had received 20 bids from potential buyers seeking to purchase various Petersen assets...
As a solo or small firm attorney, managing your law firm's budget is a crucial aspect of running a successful practice. Staying financially sound allows you to focus on serving your clients without the added stress of financial concerns. In this article, we'll...
Summary Alternative Fee Arrangements Enhanced Productivity with Generative AI Challenges and Ethical Considerations Preparing for the Future Legal Industry with Lexis+ AI Updated November 6, 2023 In the ever-evolving landscape of the legal profession...
Summary What are Billable Hours? How to Calculate Billable Hours Time Management Strategies for Small Law Attorneys Emerging Trends Maximize Billable Hours with Lexis+ Billable hours are the lifeblood of a small law firm – and mastering...
Summary: Study Methodology Saving Money with Legal Technology More Benefits to Legal Tech Saving Money with LexisNexis In today’s fast-paced legal landscape, purchasing the right legal research technology is critical – especially for...
By Ben Knuth | LexisNexis Subject Matter Advisor, Securities and M&A The wave of sanctions that were applied against Russia for its invasion of Ukraine in early 2022 created a sudden new mandate for compliance departments last year: Keep track of fast-changing...
By Lindsey Watson, LexisNexis® Knowledge & Research Consultant The renewed visibility of law firm library departments and their strategic importance in a competitive legal services marketplace has led to an increased scope of responsibilities for these...
Efficiency is important to law firm success You can improve your law firm’s efficiency by: Knowing when to grow Hiring a marketing specialist Prioritizing rest Preparing for the future of law Embracing legal technology Discover legal technology...
Law firms have long dealt with the challenge of competing for the best new attorneys coming out of law schools and retaining their rising stars, but the level of associate mobility has reached new heights amid “The Great Resignation” phenomenon in the...