Do you know what you’re signing up to?
Few managing partners care how technology works but all of them care if it works. Given this dependency, IT procurement is now right up there with staff recruitment as a mission critical success factor for law firms and yet far less rigour tends to be applied to the commercial, regulatory and contractual issues involved in this key area of business risk.
And they’re off – but is your firm backing the right ATE provider?
Last week’s Cheltenham Festival was the highlight of the jump season calendar and it got me thinking. If the horses running in the Gold Cup were in fact after-the-event insurance providers and all the punters in the stands were law firms, which ‘horse’ is the most likely to come out on top?
Conveyancers: your 2015 digital footprint
Your firm’s 2015 marketing plan should now be in full swing. But if it doesn’t have the word ‘digital’ in it, you need to have a serious word with yourselves. A big headline from 2014 came from Google, who revealed that 35% of all legal services searches are now done from mobile devices.
Looking to the future for continuing competence
The Legal Services Board has approved the Solicitors Regulation Authority’s proposals for changes to the CPD system, with hours-based CPD requirements for solicitors set to become a thing of the past. I believe this presents a great opportunity for the profession to raise the bar through a culture of learning, although it will demand a significant change in attitude for some.
Carnage – is it avoidable?
Many commentators are voicing their opinion and there does appear to be a growing consensus that 2015 is the year the devastating side of LASPO will fully show its face. Legal Futures last month reported a prediction of impending carnage in the personal injury (PI) market and it may well be true, but are there avenues that can be taken to mitigate the destructive nature of cash drying up on small-to-medium sized PI practices.