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Category Archives: Economy

10 fatal traps that explain why law firm strategic plans are DOA

Via LLRX10 fatal traps that explain why law firm strategic plans are DOA – Patrick J. McKenna is an internationally recognized author, lecturer, strategist and seasoned advisor to the leaders of premier law firms. McKenna’s deep dive into law firm strategic planning delivers a detailed guide on the major errors to circumvent to establish a winning competitive position going forward.

For 2023, which tech tools might help your firm flourish?

Via LLRX – For 2023, which tech tools might help your firm flourish? – Nicole L. Black’s actionable checklist begins with an end of year review of your law firm’s achievements and challenges to determine issues and new requirements moving forward. The review will include conducting an audit of your workflow and technology to identify… Continue Reading

We’re in Denial About the True Cost of a Twitter Implosion

Wired: “…But if we judge Twitter’s influence by its active users, we underestimate it massively. It has no peer as a forge of public opinion. In political analysis, publishing, public health, foreign policy, economics, history, the study of race, even in business and finance, Twitter has come to drive who gets quoted in the press. Who… Continue Reading

Law Firms Prepare for Slowdown After Record Demand Industry

WSJ – $: “Industry has seen lower revenue growth this year, but firm leaders say they will be buoyed by litigation and bankruptcies Brad Karp, chairman of Paul, Weiss, Rifkind, Wharton & Garrison, said firms are willing to pay top-dollar for high-performing partners in strategically important practice areas. Law firms are bracing for economic uncertainty… Continue Reading

What Happened at FTX and What Does It Mean for Crypto?

CRS Insight – What Happened at FTX and What Does It Mean for Crypto? – Updated November 29, 2022: “On Friday, November 11, FTX Trading Ltd. (FTX)—one of the world’s largest and most well-known cryptocurrency exchanges—announced that it had “commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code” in Delaware. Included in… Continue Reading

Want to fight climate change effectively? Here’s where to donate your money

Vox: These are 8 of the most high-impact, cost-effective, evidence-based organizations. “You may not have heard of them….The groups I list below seem to be doing something especially promising in the light of certain criteria: importance, tractability, and neglectedness. Important targets for change are ones that drive a big portion of global emissions. Tractable problems… Continue Reading

Surgeon General’s Report on workplace well-being

“We can build workplaces that are engines of well-being, showing workers that they matter, that their work matters, and that they have the workplace resources and support necessary to flourish…Centered on the worker’s voice and equity, these Five Essentials support workplaces as engines of well-being. Each essential is grounded in two human needs, shared across… Continue Reading

Cutting-edge tech made this tiny country a major exporter of food

Washington Post: ” The Netherlands has used advances in vertical farming, seed technology and robotics to become a global model The rallying cry in the Netherlands started two decades ago, as concern mounted about its ability to feed its 17 million people: Produce twice as much food using half as many resources. The country, which… Continue Reading

Law Firms Start Tying Office Attendance to Job Security and Bonuses

ALM: “With demand down, lateraling is down, and firms have more bargaining power. Law firms have had trouble enforcing office attendance policies. But with the labor market tightening and more personnel cuts likely, some have become more assertive, law firm leaders and industry observers say, planting stakes in the ground by tying bonuses or job… Continue Reading

Billionaires Provided 15 Percent of Funding for the Midterm

“In the 2022 midterms, the 100 largest donors collectively spent 60 percent more than every small donor in the United States combined, according to a Brennan Center analysis of publicly available data. (Small donors are those who give $200 or less.) The wealthy have always wielded disproportionate power over American government. In 1895, GOP strategist… Continue Reading

Elon Musk’s ‘hardcore’ management style: a case study in what not to do

Via LLRX – Elon Musk’s ‘hardcore’ management style: a case study in what not to do: Professor Libby Sander explains why as a case study in how to implement organisational change, Elon Musk’s actions at Twitter will go down as the gold standard in what not to do. Among other things, the evidence shows successful… Continue Reading