Reflecting on the NHS ‘WannaCry’ Ransomware attackLike everyone else, I was saddened by the NHS Ransomware attack that took place, and unfortunately it’s the kind of thing we’re now seeing on a frequent basis.
Across today’s legal ecosystem, a set of complex forces has pushed law firms to strategically reexamine and transform operational support in a way that places a greater emphasis and value on corporate client-facing activities. Cost pressures, new competitors and emerging technology, and evolving workforce dynamics are influencing an industry that is now embracing change in different ways.
“Ashurst falls short of 40 per cent female target in 19-strong promotions round,” is the lead headline on an April email news update from The Lawyer. Further down the bulletin another headline reads, “Reed Smith announces agile working in London ahead of office ‘refresh’”.
Merlin Knott at SAP UKI and David Milburn at itelligence Business Solutions UK say law firms must sharpen their appreciation of how analytics can improve the whole business value chain to drive improvement in profitability
At the moment, everywhere I turn I am met with yet another article scaremongering about the latest General Data Protection Regulation (GDPR). I've heard stories of fines for non-compliance of anything between 4% and 10% of global turnover, as well as promise that Brexit will provide some sort of respite from GDPR, which is certainly not the case.
Outsourcing is a strategy increasingly adopted by law firms and ABSs eager to operate more efficiently and focus on their priorities of fee earning and business management. But, before engaging an outsourcing provider, careful screening is recommended.
Leaders in all sorts of operational and managerial roles across the legal sector flocked to Briefing Operational Leaders in Legal 2017 in March to discuss what it takes to lead change in a law firm… which turns out to be quite a lot. Kayli Olson reports.
Think cyber threats only affect large enterprises? Think again. The FSB found last year that smaller UK firms are actually bearing the brunt of online threats – at a combined cost of nearly £5.3 billion. In fact, SMBs are attacked a staggering seven million times each year, despite the vast majority (93%) taking some steps to protect themselves.
Tempted to give some “off the cuff” advice to help a friend out? The recent Court of Appeal decision in Lejonvarn v Burgess may cause you to think twice about giving something for nothing. An unpaid favour may be a professional retainer with unattended obligations.
2016 was yet another very candidate driven market and 2017 has seen that trend continue. The number of live vacancies are still far outweighing the number of candidates actively seeking new roles. Many firms recruited multiple roles, which also impacted their ability to attract top talent; by the time they were recruiting the 3rd or 4th role in a six month period, they had pretty much exhausted the pool of candidates available, particularly at BD Executive, BD Senior Executive and BD Manager levels.
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