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Thomson Reuters’ Message to Law Firms: Adapt to Market Changes or Become the Pan Am of Legal

LawSites

The Thomson Reuters Institute, in its 2024 Report on the State of the US Legal Market , released today in partnership with the Center on Ethics and the Legal Profession at Georgetown Law ( whose URL returns a page not found), uses Pan Am’s story to drive home a simple point for U.S. law firms: Innovate or die.

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In Its First Acquisition, Paladin Picks Up Pro Bono Net’s Pro Bono Manager, A Platform Used By Large Law Firms

LawSites

In a marriage of pro bono platforms, Paladin , a company whose platform connects lawyers with opportunities to provide free legal help, has acquired Pro Bono Manager , a product developed by Pro Bono Net to enable large law firms to manage and measure their pro bono programs.

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India dispatch: India opens its doors to foreign law firms and practitioners

JURIST

This dispatch is from Samar Veer, a third-year law student at National Law University, Delhi. In a major departure from longstanding policy , the Bar Council of India (BCI) last week issued a notification permitting foreign law firms and foreign lawyers to advise clients on broad foreign law and international arbitration issues.

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Comprehensive Study of Regulatory Reform Finds It Is Driving ‘Substantial Innovation’ In Legal Services Delivery with No Harm to Consumers

LawSites

A Stanford Law School study published today of regulatory reforms in Utah and Arizona finds that they are “spurring substantial innovation,” that they are critical to serving lower-income populations, and that they do not pose any substantial risk of consumer harm.

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Adding Rush Rates for Legal Services

Attorney at Work

As lawyers, we are in a service industry. However, I suspect most of us did not sign up to be on call to provide legal services 24-7. I also used this email to tell them I was raising my standard rate from $275 to $300/hour in 2022. The post Adding Rush Rates for Legal Services appeared first on Attorney at Work.

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Law Firm Hiring and Retention: Five Strategies to Win the Talent War

Attorney at Work

How can you keep good people from leaving your firm — quietly or otherwise? Here’s how to turn law firm hiring and retention challenges to your advantage. Labor Department shows that in May 2022 alone, 4.2 Law firms are no exception. Five Best Practices for Law Firms to Win the Talent War.

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Current Challenges, Future Opportunities: Highlights from the 2022 Legal Trends Report

LawTechnologyToday

As the legal industry’s most in-depth examination into the state of legal practice, the 2022 Legal Trends Report brings together essential insights into how law firms have adapted their services to meet the challenges of the past three years. How has business changed for law firms?

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