Category: LAWPRO Magazine
Will disruptions make us better?
Disruption isn’t new – it just feels that way. The wheel, the printing press, even electronic land registration were disruptions to the status quo. What’s different this time? The relentless pace and the wide breadth of transformation. As we have all observed, change is constant and is taking place in all areas of our professional… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Editorials, Future of law, LAWPRO Magazine, LAWPRO Magazine Article Type, TopicsWhat is blockchain?
Blockchain is the technology behind bitcoin and other cryptocurrencies. While the technology behind blockchain is very complex, the functionality at its core is quite simple. For a video demonstration of how blockchain works watch the YouTube video below. This infographic summarizes what is in the video.
Categories: 2018 February Top Legal DisruptionsPerspectives on the future of law – How the profession should respond to major disruptions
The legal profession is in the midst of significant change, and is headed into a period where there will be even greater change. These changes are driven by disruptions that alter the very nature of how traditional legal services have been performed and provided to clients for decades. These disruptions include: access to justice client… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Features, Future of law, LAWPRO Magazine, LAWPRO Magazine Article Type, Legal Careers, TopicsArtificial intelligence: What is AI and will it really replace lawyers?
If you scanned social media or the headlines in many online or print-based newspapers or magazines published in 2017, you were pretty much guaranteed to see posts and articles on artificial intelligence (AI). Most of these articles suggest that AI is in the process of fundamentally changing our lives at work, home and play. And… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Features, Future of law, LAWPRO Magazine, LAWPRO Magazine Article Type, Legal Technology, TopicsThinking of virtual GC work? Understand your coverage needs
Outsourcing services that fall outside a company’s core expertise (consider for example executive recruiting or IT services) allows the company to access expert work product on an as-needed basis. Outsourcing means not having to pay a full-time salary to an expert who is needed less than full-time, and not having to pay the full cost… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Errors & Omissions, Future of law, LAWPRO policy, TopicsIdeas for rethinking your law practice
The changes facing the legal professional may seem daunting, but all lawyers can rise to these challenges and embrace the opportunities they present. There are many ways to respond, some are quite small and easy, and others require a significant investment of time and money. Some can be done by individual lawyers, and others require… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Firm Management, Future of law, LAWPRO Magazine, Legal Technology, TopicsLAWPRO is not like your auto insurer: Dispelling common myths about your insurance coverage
In my more than 20 years of defending lawyers on malpractice claims, I continue to be amazed at how little some lawyers seem to know about the “LAWPRO policy” and how a claim is handled. I am also frustrated by how often lawyers have not done even the simplest things that could help them avoid… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Errors & Omissions, LAWPRO Magazine Article Type, LAWPRO policy, TopicsWhy Excess insurance? Celebrating 20 years of the Excess program
In 1996 and 1997 LAWPRO (or “LPIC” as it was then known) began collecting information on whether lawyers had coverage in excess of the $1 million per claim/$2 million in the aggregate limits provided under the mandatory program. The thinking wasn’t that everyone necessarily needs excess. After all, some areas of practice are considered low… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Excess, Excess insurance, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, TopicsEnding well means starting right: The family law intake process
The most critical step in any family law case is when clients meet with prospective counsel. That meeting establishes the nature of the relationship, a preliminary game-plan, and each party’s expectations of the other. Most clients approach that inaugural meeting with considerable anxiety. Most have never dealt with a lawyer, and certainly not with respect… Read More »
Categories: 2018 February Top Legal Disruptions, Areas of Law, Articles, Communications Errors, Content Type, Family, Inadequate Investigation, LAWPRO Magazine, LAWPRO Magazine Article Type, Malpractice Errors, Practice Tips, Retainers, TopicsDoes your firm need cybercrime insurance?
In a study titled The Cost of Cybercrime, Accenture surveyed 254 companies in seven countries. Over the course of five years, the study revealed a 62 per cent increase in cybercrime attacks. Data breaches during the same period doubled to 130 per year. Accenture noted that while not every security breach results in a loss,… Read More »
Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Cyber dangers, Disaster Planning, Firm Management, Insurance Business, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, Legal Technology, Topics