July 12, 2024 | Lean Adviser
34. Is the Risk of Gen AI Adopting or Not Adopting?Risk Series Part 4 It's not that AI will replace lawyers, but rather that lawyers who use AI will replace those who don't. So yes there are risks, and no, they're not fully understood. But as generative AI develops, the risks will decrease, and the benefits of carefully implemented, monitored and reviewed AI will outweigh those risks.
By Lean Adviser Legal
5 minute read
July 05, 2024 | Lean Adviser
33. The Risk to Your Insurers Isn't the Work You Do, It's How You Do the WorkRisk Series Part 3 Our profession is a minefield of risk, and the frequency and severity of malpractice claims grow year-on-year. Insurers live at the very end of the process. They exist to clean up the mess when it goes wrong. As we shall see in this lesson, that gives them a very different perspective on risk from law firms and attorneys.
By Lean Adviser Legal
3 minute read
June 28, 2024 | Lean Adviser
32. Is Your Client A Business Risk Or A Business Partner?Risk Series Part 2 Try to think of the client as a business partner, not a potential predator. Instead of looking inwards at the potential risks for the firm, look outwards at the risks attendant to the project from the client's standpoint. Try to understand their risk appetite, advise through that prism and help the client navigate those risks.
By Lean Adviser Legal
3 minute read
June 21, 2024 | Lean Adviser
31. How Well Do You Understand Your Client's Risk Appetite?Risk Series Part 1 When we talk about the importance of specializing in your client, we always stress the need to understand your client's risk appetite. There are two elements to this: 1) enterprise risk tolerance; and 2) the personal risk appetite of the GC.
By Lean Adviser Legal
3 minute read
June 14, 2024 | Lean Adviser
32. Associates Take Note: The Partners Are Your ClientsTreating the partner as a client is a key aspect of the business of law for students to learn. Partners or clients (let's just call them work-givers) will always have their counsel-of-choice. That's the space you always want to live in, to be the go-to.
By Lean Adviser Legal
3 minute read
May 31, 2024 | Lean Adviser
30. Curiosity Kills Cats, Saves LawyersWith the rise of lean law, more and more lawyers are coming to understand the critical value of curiosity. Legal project management starts with scoping, for which the key attribute is curiosity.
By Lean Adviser Legal
3 minute read
May 24, 2024 | Lean Adviser
30. Are New Law Firm Cultures Bridging The Generation Gap?Generation Gap Series Part 4: Culture Law firm cultures have become more associate-friendly, and young associates have embraced this and found it easier to assimilate.
By Lean Adviser Legal
3 minute read
May 17, 2024 | Lean Adviser
29. Generational Attitudes to Mental HealthGeneration Gap Series Part 3: Mental Health The work itself is at the root of the problem, and it doesn't have to be this way. The daily tasks of being a lawyer can be structured, planned, efficient and effective.
By Lean Adviser Legal
3 minute read
May 10, 2024 | Lean Adviser
28. Generational Communication Issues Help Biz Dev, Hurt Talent RetentionGeneration Gap Part 2: Complete Comms + Talent Wars Many managing partners don't understand what their kids are saying to each other, far less their grandchildren. The same gap can exist between law firm leadership and junior associates. Yet, the communication gap is bridgeable.
By Lean Adviser Legal
3 minute read
May 03, 2024 | Lean Adviser
27. The Generation Gap and the WFH DebateGeneration Gap Part 1: WFH Like all good debates, all sides of the work-from-home debate have fair points to make. Young lawyers want the flexibility and work-life balance that WFH brings. But they also need to be involved in law firm activities and receive 1-on-1 mentoring. But for lean law, it's the the task that should dictate the location.
By Lean Adviser Legal
3 minute read
Trending Stories