According to the National Contract Management Association, Virginia, “Contract Management is the process of managing contracts, deliverables, deadlines, contract terms and conditions while ensuring customer satisfaction. Public and private organizations know that purchasing does not end when the contract
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Common Law Firm Management Mistakes and Ways to Avoid Them
A paper published on Managing Risk: The Importance of Management in the Law Office in Wisbar.org, laid down categorically, “…It is the function of management to release more time for important matters and to enable the lawyer to conserve
All about Types of Contracts and Contract Management
“A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are mutual assent, expressed by a valid offer and acceptance; adequate consideration;
Digital Transformation – The Way Forward for Law Firms
Digital transformation in law firms is the dictate of our times. These tools have pervaded every aspect of business in today’s world, and hence, no business has the option to say no to digital transformation anymore. This includes law firms.
Hiring a Virtual Paralegal: Weighing the Pros and Cons
The legal industry is witnessing a significant shift in how legal support services are delivered. For instance, there is a growing trend towards hiring virtual paralegals. Remote legal professionals offer cost-effective, flexible, and specialized alternatives to traditional in-house paralegals.
According
How to Achieve a Better Work-Life Balance as a Lawyer?
Lawyers often face a tricky balancing act between their professional and personal lives. The stress of working long hours, dealing with clients who don’t always play fair, and juggling family responsibilities can affect their health and well-being.
According to the
How do Litigation Support Services Benefits Personal Injury Law Firm
Personal injury firms often find themselves with lots of legal work and insufficient resources to accomplish it. As a result, they are always in need of litigation support services, with the number of cases brought on the rise. The costs
Best Business Development Strategies for Law Firms to Succeed in 2022
Attorneys and law firms have witnessed a series of changes across the legal industry and one of the most significant is a transformation in business development areas. This transformation is majorly influenced by a trend in the market. It shows
Are Firms More Prepared to Use Legal Tech in 2022?
The legal sector, which had been reluctant to large-scale digital adoption for years, has changed a lot after the impact of the COVID-19 outbreak in 2020. Law firms and corporate legal departments had no other choice than to adapt to
How Can Law Firms Optimize Remote Work?
In the aftermath of the COVID-19 outbreak, businesses across several industries have embraced remote working, and legal is not an exception. Today, attorneys and legal assistants are working remotely, transforming how law firms operate.
Legal professionals are collaborating with their