The Importance of Contract Management for Growing Businesses: Experts’ Opinions

10
Apr,2020
The Importance of Contract Management for Growing Businesses: Experts’ Opinions

For any business, reputation is everything. And it very much depends upon how well you stay in compliance with contracts. Your business is more likely at risk of getting its reputation hampered if you miss contractual obligations. If you are running a growing company, you would know the value of repeated business opportunities as they help you meet your business objectives. Failing to complete a business contract is a sign of poor contract management, which can do irreversible damage to your business. Therefore, let’s read what experts say about the importance of contract management for growing businesses. 1. Contracts: The [...]

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Data Breach Litigation Preparation: What Measures Law firms Need To Consider?

01
Apr,2020
Data Breach Litigation Support

If there is one thing that holds enormous importance in this digital world is nothing but data. Today, almost every firm has gone digital, and so has gone data of its clients. When it comes to the law firms, the significance of data held by them is a lot since it can directly impact the judgment of a case. According to the California Consumer Privacy Act (“CCPA”), from Jan 1, 2020, California became the first state in the United States of America to allow its residents to claim statutory damages in case of a data breach with respect to their [...]

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8 Strategies to Protect Your Intellectual Property (IP) from Infringement!

09
Mar,2020
Intellectual Property

The world is driven by change and innovation. This is the reason individuals and businesses are trying hard to come up with new business models, effective strategies, and inventions that can help streamline internal processes and aid business growth. If something good is created by someone, others try and copy the same. However, this is like taking the rewards of someone who has invested a lot of effort and time in coming up with an invention without his consent. This is where intellectual property (IP) rights come in. It is the area of law that revolves around the protection of [...]

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How is Case Management Software Better for Attorneys Than Traditional Methods?

26
Feb,2020
The Importance of Contract Management for Growing Businesses: Experts’ Opinions

A case management system plays a vital role in the legal industry as it helps to integrate all the crucial information that is relevant to a particular case. It provides a well-structured overview of the general information of a case, lawyers assigned to it, email communications, deadlines, and much more. The advent of this system has drastically changed the traditional approach of law firms and has made the processes paperless and easy to manage. This system finds its utilization in law firms as a database for past, present, and future clients and cases. The functionality of legal case management software [...]

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Importance of SWOT Analysis for Your Law Firm!

10
Jan,2020
SWOT Analysis

Similar to any other enterprise, law firms can reap numerous benefits from SWOT analysis as a law firm’s growth heavily depends upon its productivity, profitability, and reputation in the legal sector. SWOT is an abbreviation for Strengths, Weaknesses, Opportunities, and Threats. A thorough SWOT analysis examines internal and extremal factors that can affect the firm’s capabilities to attract and retain clients, and the potentials to run progressively toward growth. What is SWOT Analysis? A SWOT analysis is an efficient tool to evaluate an organization’s strengths & weaknesses (internal factors) and opportunities & possible threats (external factors) to it. It is [...]

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