Leveraging Technical and Process Solutions to Bring Order to Lateral Attorney Vetting
While law firms often welcome lateral moves due to the influx of experienced talent and new clients, these moves create challenges and considerations for law firm administrators. Any serious dialogue between a potential lateral attorney candidate and firm involves the candidate sharing sensitive, detailed information regarding their salary, client list, work history and professional relationships. […]
Centralize Your Conflicts of Interest
Your firm’s attorneys are often kept from starting work with a new client because of dozens of pages of potential conflicts. Many law firms send that huge report to the requesting attorney and hope for the best, but there is a better way. Originally published by ILTA, the article explores the benefits of centralizing conflicts […]
Putting The Horse Before The Cart: How To Successfully Update New Business Intake
New Business Intake is critical to firm business performance because it directly impacts profitability. It’s the moment when firms identify and resolve possible conflicts of interest, decide which clients best match business objectives, and initiate other risk-related processes. A unique nexus, the process engages almost all departments across the firm: lawyers and their assistants input […]
Ethical Walls and Confidentiality Screens: Not Just for Conflicts
Historically, law firms implemented most ethical walls and confidentiality screens in response to an identified potential conflict between existing and former clients in new representations.
Managing Information Risk Before Law Firm Mergers Begin
Protecting client confidentiality is a cornerstone of an attorney’s professional and ethical duties to their clients and as such a critical component of a successful law firm records and information management program.
Lateral Attorney Hires – Managing Conflicts and Assessing Risk
Gone are the days of law school graduates beginning their careers as associates and staying loyal to the firms that trained and promoted them. To stay competitive, firms are aggressively recruiting experienced and well-trained talent to grow their firm.
Shifting Roles
Responsibilities in law firms are changing, so when it comes to client intake, conflicts checks, and IG / records management, whose job is it? Given the complexity of current compliance standards, these functions are shifting to the responsibility of dedicated loss prevention and risk teams. In this article, we will dissect this trend and discuss […]