Legal Sector

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The Class Action Phenomenon: Is It A Real Threat To Industry?

23rd August 2022
“Class action” is a phrase redolent of US-style litigation in which attorneys represent large ‘opt out’ (see below) groups of consumers or others in massive claims resulting in multi-million jury awards against the industry for both losses and treble penalty damages. The jury awards and settlements can be eye-wateringly large. Indeed it is the potential […]
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Greater Action Is Needed To Ensure True Gender Parity In Law Firms

22nd August 2022
This December will mark the 100th anniversary of Carrie Morrison smashing through the legal profession’s glass ceiling to become the first woman admitted to the role in England.   Following a survey of diversity in law carried out in 2021, 90 per cent of law firms in England and Wales submitted data to the Law Society, […]
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Wells Fargo Reveals Law Firm Profits Are Down Amid Rising Costs

18th August 2022
New data from Wells Fargo’s Legal Specialty Group in the first half of 2022 has found that easing client demand amid rising costs is leaving newly hired lawyers with a lack of work.  In 2021, a boom in corporate work prompted firms to build up their attorney numbers, with lawyer headcount increasing by over 5% […]
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Why Does A Lawyer Need A Marketing Agency?

17th August 2022
Law firms are one of the important elements of our daily life, almost everyone needs a lawyer. But every year there are more and more of them, and how to find yours in such a variety? How to stand out from the crowd of professionals and find your target audience? This, like any other business, […]
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How Poor Cybersecurity Practices Limit Your Law Firm’s Success

16th August 2022
Why cybersecurity is more important than ever Law firms are a treasure trove of sensitive data, which can be exploited by criminals for personal gain. The wealth of confidential client information related to major lawsuits could be worth millions to the opposite side, and loss of that data would result in detrimental damage to your […]
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Quinn Emanuel Sued By Energy Company Over Court Loss To UBS

12th August 2022
The parent company of two energy producers, GIT Inc, is seeking $250 million in damages from law firm Quinn Emanuel Urquhart & Sullivan, claiming it mismanaged its handling of a federal lawsuit two years ago that resulted in a loss of $136 million.  In a lawsuit filed Thursday in New York County Supreme Court, GIT […]
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Key Tactics To Grow A Successful Law Firm From Ground Up

10th August 2022
A law firm is usually a private business that provides legal advice to companies, corporations, and individuals. In addition, law firms provide their clients with legal counsel and financial advisory services and help the clients successfully manage the legal complications they are facing. The following are the key tactics that can be used to grow […]
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Future Proofing Your Legal Business During A Recession

9th August 2022
Recession, rising inflation, a contracting economy, a sharp downturn, a bear market. These are the words in our news headlines. If you hold the purse strings to a budget, hold your nerve. It’s important not to be reactionary and panic. Keep focused on your company’s long-term objectives and use PR and comms to gain a […]
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How To Choose The Best Board Management Software For Your Company's Needs

1st August 2022
Very few technologies were actually able to penetrate the business spheres and were adopted for long-term use. Board portal software is one of those technologies that actually changed the face of corporate governance. A board portal is a mixture of multiple high-end technologies that offer a wide range of benefits to all types of businesses. […]
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Getting to the Heart of Mental Health Issues in the Legal Profession

28th July 2022
Perhaps more than any other white-collar profession, law demands an extraordinary amount of hard work and mental dedication from its practitioners.
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Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.