Artificial intelligence (AI) is entering the legal services sector. Some law firms, particularly the largest ones, are already experimenting with AI not only to streamline internal processes but also to perform legal tasks. So, let's address the elephant in the room - AI is shrinking the legal services market by introducing a new competitive threat unlike any we've encountered before.
Legal Business Development 2.0: Interview with John James McVeigh of Nixedonia
With a private practice background spanning over 20 years, John James McVeigh is the CEO and Head Trainer at Nixedonia – a business development company he established in 2015. He shares some of his insights on business development in the CEE legal world.
Is ChatGPT a Threat to Legal Marketing Professionals?
ChatGPT, an AI that claimed to be able to write an answer or even a brief article on any topic, became the talk of the year 2022. Copywriters, PR professionals, and marketing experts will all benefit from it greatly. But should we be scared?
The Confident Counsel: The Path of Least Persistence (Part 2)
In Part 1, I talked about the dilemma facing most lawyers when asked to involve themselves with business development. If you want to be good at BD, it helps a lot to be an optimist. But, since most lawyers are uber-pessimists, we struggle with BD and find ourselves with practically zero persistence.
The Confident Counsel: The Path of Least Persistence (Part 1)
Lawyers know that business development requires a handful of sales skills, a pinch of luck, and a boatload of persistence. Freaking BD persistence… it’s a serious problem for all of us. We didn’t go to law school to do sales.
The Confident Counsel: What’s Up with Those Slides?
When you get up to present at a conference, what is your goal? Since lawyers are addicted to billable hours, you are probably gambling some non-billable time with the hope of landing some legal work. To accomplish this, you want to sell yourself to potential clients as a competent, trustworthy, and mildly entertaining lawyer.
Has Coaching’s Time Come for Central European Law Firms?
Although in most respects the law firm business in Central Europe is on par with other sophisticated practices in the rest of the world, coaching is one thing that has not been as widely adopted as elsewhere. This article addresses the questions of what coaching is, what it offers lawyers and law firms, and whether it should be more widely embraced by the legal profession in Central Europe.
The Confident Counsel: Enjoyable Networking
In December of 2021, I had the pleasure of attending the CEELM Winter Ball, a festive event filled with good food and great discussions. Although I truly enjoyed this opportunity to catch up with old friends, I also found it fascinating to observe lawyers operating outside of their office comfort zone by partaking in the mysterious ritual of networking.
The Confident Counsel: The English Problem – A Misdiagnosis
The following situation would cause me to pull my hair out – if I had any left.
Are Law Firms Ready to Embrace Uncertainty?
When we think of a crisis, what usually comes to our mind is an unexpected, negative event, with a limited duration.
The Confident Counsel: Going Industrial – Writing Popular Articles
After billing 500 hours for the past month, you finally found some quality time to write an article for your loving clients. After you send it out, you watch your phone with bated breath, anticipating that avalanche of new business that’s just about to pour in. Then, nothing.
Keep Calm and Keep Learning: Special Skills for Coping with Covid-19
Over thirty years ago, journalists reported that a chemical had been released into the water pipes of Durand, Michigan. They warned citizens that the chemical DHMO could accelerate corrosion and in certain situations even cause suffocation. The city’s inhabitants were beside themselves in panic.
The Confident Counsel: Online Presenting – Connecting During Covid-19
Once upon a time, you were a pretty good speaker, dominating the law conference circuit. Now, you find yourself holding webinars in your pajamas. Things got weird, fast.
Contract Drafting: Business-Based Pitching
Everyone knows that law firm pitches are terrible, and nobody is happy about it – not the lawyers, not the marketing/BD teams, and definitely not the clients.
The Coronavirus And Its Deep Effect on Legal Services: A Survey of Lawyers in Hungary
The coronavirus has had a deep effect on legal services. Now we can start drawing conclusions on how deeply this sector has been affected during the last two months.
What Law Firms Could Learn from LinkedIn Communication at a Time of Covid-19 Crisis?
If it seems that both – activity of online communities and the amount of legal content on social media has boomed lately, you are not wrong. LinkedIn reported that the number of articles from February untill March 23 grew by 2196% and 33% of these posts were related to coronavirus (Navigating Today’s Evolving World of Work, LinkedIn, 2020 March). Global research shows that the legal service industry was among TOP10 contributors to the topic and my research in Lithuania confirms that by indicating that the main cause for that was a significant increase in the production of content by law firms and lawyers.
Covid-19: Don’t Miss This Opportunity
Crisis time is not a problem. It is an opportunity. Seemingly so solid structures start to shake, opening up new opportunities for those who want to see them. It can be particularly rewarding for those who are open to tune or revise their modus operandi, being opportunistic, attracting the best talent, acting more swiftly, and preparing for the future more efficiently than others.
Contract Drafting: A Stylistic Comedy
When drafting an obligation in a contract, which of the following is the preferred format of your office?: