VIRTUAL eDISCOVERY – BEST PRACTICES FOR THE PROJECT MANAGER
From construction to fashion design, to computer science, and biotechnology, virtually every industry needs a Project Manager, with only a few being adaptable to a virtual environment. In the field of eDiscovery, project management requires not only a grasp of universal project management skills but also a specialized competency in discerning documents falling under rules […]
MUSIC STREAMING – LISTENING, LICENSING, AND LEGALITIES
From Spotify to SoundCloud, Pandora, Tidal, Apple Music, Amazon Music, and more, there are numerous music streaming services to choose from, and today’s music lovers will be hardpressed to be found without a favorite tune. However, finding oneself without melodious monetization can be an all-too-common refrain for the creative artist and digital distributor. Recent legislation […]
OVER-SUPPLY CHAIN CRISIS – TOO MUCH SPACE ON THE MARKET
Ships backed up at ports, store shelves poorly stocked, and in general, various shortages of what businesses need to function, which have not been seen in decades, except for office space. Sometimes, there can be ‘too much of a good thing’, with law firms experiencing this phenomenon as they wonder how long everybody will be […]
CRYPTOCURRENCY AS COUNSELOR COMPENSATION
Bitcoin, Ethereum, Dogecoin, Tether… the market for cryptocurrencies just keeps getting bigger. After determining that you could buy your Starbucks Coffee, Dallas Mavericks tickets, or Whole Foods veggies with the coins, you may have thought, ‘why not accept legal fees from clients via cryptocurrency?’ If so, you are not alone, and in fact, some states […]
THE DISAPPEARING EQUITY PARTNERSHIP OFFER
Thinking of making a lateral move to a new firm? The ‘Three Ps’ may no longer be what they used to be.While Prestige, Partnership, and Pay are still attractions offered by law firms, ‘Partner’ no longer means what it once did, and along with that change comes a possible diminution in Prestige and Pay. The […]
REMOTE eDISCOVERY – DOCUMENT SCALABILITY AND DATA SECURITY
‘In The Beginning, There Were Boxes’…dozens or even scores of cardboard boxes filled with thousands or tens of thousands of paper documents delivered to lawyers’ offices for physical‘discovery’ or brought by law clerks navigating warehouse two-wheelers into courtrooms. By the 1980s, as documentation shifted from paper and ink to bits and bytes and the delivery […]
NFTs—THE GAME-CHANGER NOBODY UNDERSTANDS
First, there were cryptocurrencies; those algorithm-based, blockchain-technology-created coins which, after a while, people generally got the gist of and started buying up like hotcakes, often becoming ‘Bitcoin Billionaires’ overnight. But now, blockchain technology has been applied to a new type of asset—the Non-Fungible Token (NFT)—which is becoming the ‘next-big-thing’ in art, gaming, AI creations, asset […]
UPSIZE/DOWNSIZE – OFFICE RENTAL DYNAMICS IN THE ERA OF A PANDEMIC
While reports of 25% office vacancies in Los Angeles and similar figures in other rental markets around the US have dominated real estate news for several months and led some observers to describe a ‘collapse’ of the office rental market, not all prospects are doom and gloom. Space planners and tenants alike are devising creative […]
GETTING PAID – THE DOLLARS AND SENSE OF LEGAL PAYMENT PLATFORMS
Until the end of 1974, the American Bar Association (ABA) maintained its ban on lawyers accepting credit cards as a means of payment. The legal profession, it was argued, should not be placed in the same category as peddlers of retail merchandise or vendors of non-professional services. However, everything changed with the passing of ABA […]
PARALEGALS – UNLOCKING THE PUZZLE OF INCREASED SCALE AND EFFICIENCY
Can a paralegal practice law? One would expect the strict answer to be ‘no’. However, following the American Bar Association’s (ABA) 2020 definition of ‘paralegal’, a wide range of truly substantive legal work can now be lawfully assigned to a paralegal. The key qualifier as to the assigning of legal work is that the lawyer […]
