The Main Challenges UK Law Firms Can Expect In 2022
The Main Challenges UK Law Firms Can Expect In 2022 Introduction As the United Kingdom continues to undergo economic transformation, major changes have emerged in the legal industry. The largest firms have made significant strides in meeting the challenges posed by coming years and encouraging efficiency through modernisation. Since 2022, UK law firms using artificial intelligence and […]
Compliance, source of funds checks, AML checks and ID checks in the legal industry
Compliance, source of funds checks, AML checks and ID checks in the legal industry What is Compliance? Compliance is the state of being in accordance with established guidelines or specifications or the process of becoming so – software, for example, may be developed in compliance with specifications created by a standards body, and then deployed […]
Work-Life Balance & Work-Place Productivity in The Legal Sector
Work-Life Balance & Work-Place Productivity in The Legal Sector Life in the legal sector is commonly associated with long hours, challenging deadlines and a high-pressure working environment where busyness is worn as a badge of honour. This makes striking a balance between productivity and burnout extremely difficult. These intensive and high-pressure environments becoming a norm […]
Competition Within The Legal Industry
Competition Within The Legal Industry Making your presence felt in the competitive world of law has never been simple Introduction Competition in the legal sector has never been fiercer, with a steady stream of new entrants exploiting changes in legislation and technology to enter the overcrowded legal market. Law firms are constantly under pressure to […]
Inflation and its Impact on Commercial Law
Inflation and its Impact on Commercial Law How price increases are being felt and reflected in commerce contracts Inflation in a nutshell Inflation measures the rate at which the prices of goods and services have risen over time. Typically, people calculate inflation by comparing the cost of goods today to the cost of goods a […]
The Prevalence of Impostor Syndrome in the Legal Profession
The Prevalence of Impostor Syndrome in the Legal Profession What is impostor syndrome? The phenomenon of imposter syndrome is not new. Imposter syndrome is common in many professions, including the legal field. The etymology of the term stems from the efforts of Drs. Clance and Imes who coined the term “Imposter Syndrome” in the late […]
International Business Contracts: UK Sales Law and CISG
International Business Contracts: UK Sales Law and CISG Why the UK is an outlier in handling sales legislation Introduction The United Kingdom is one of the world’s last industrialised countries to have not ratified the United Nations Convention on Contracts for the International Sale of Goods, or CISG for the purposes of court terminology uk. […]
Managing Clients in Different Time Zones
Managing Clients in Different Time Zones Communicating with clients from around the globe effectively For many years, the legal profession has largely been based on in-person meetings and transactions. However, with advancements in technology, an increasing number of lawyers and clients are now working remotely with the use of legal client software. Clients in different […]
Stress Management for Lawyers
Stress Management for Lawyers Introduction to Stress Stress is a natural feeling of not being able to cope with specific demands and events[1]. These demands can come from work, relationships, financial pressures, and other situations, but anything that poses a real or perceived challenge or threat to a person’s well-being can cause stress[2]. It’s not […]
E-Billing, Invoice Automation & Legal Spend Management
E-Billing, Invoice Automation & Legal Spend Management Automation is legal technology’s greatest gift to the legal profession. Practice management systems, case management systems, and smart contracts are now common tools law firms use to reduce costs and increase efficiency. Artificial intelligence, machine learning, and legal data analytics have improved the way lawyers work, allowed them to reap the benefits of a data-driven practice, […]
