In 2020, law firms around the world faced the sudden upheaval of business-as-usual. The traditional office environment quickly became the kitchen table and firms were charged with finding new ways of maintaining business continuity in a socially distanced world.
While moving to more agile, flexible and mobile work practices might seem daunting, there are proven tactics and techniques that can be employed to improve service delivery. One organisation that has mastered service delivery in the world of remote work is iManage.
We’re quickly approaching the end of 2020, a year that has proven truly transformative for the modern law firm. Amidst a global pandemic, law firm leaders have faced the challenge - and opportunity - of accelerating digital transformation with their firms.
After the second quarter of 2020 saw the lowest levels of global mergers and acquisitions in over a decade (US$485 billion, down over 50 percent from nearly $1 trillion last year), the trend is now pointing towards recovery.
For law firms, knowledge management (KM) has been and will continue to be a key competitive advantage. However, changing market conditions, new ways of working and advanced technologies are forcing law firms to rethink the traditional view of KM.
Long working hours, high-pressure stakes and an ever-evolving market contribute to the everyday stresses of being a lawyer in the modern world. In the legal industry, any means that can help alleviate the stress and pressure being put on lawyers is welcome - especially if it allows them to do a better job for their clients.