Duane Morris Sign Photo: Diego M. Radzinschi/ALM

Duane Morris

Sharon L. Caffrey, partner, Duane Morris, co-chair, trial practice group and co-chair, ESG & sustainability group, answered the questions.

What were some of the biggest challenges you faced in the past year and how did you overcome them?

While demand for sophisticated counsel continues to be high, now more than ever, there are pressures to keep costs low. We emphasize efficiency by utilizing contract attorneys and technology for document review, staffing cases leanly, and exploring alternate fee arrangements. We've also established task forces to quickly but responsibly introduce Artificial Intelligence to our practices, and to address client's ESG and Sustainability needs. The increase in "nuclear verdicts" also raises challenges and concerns. We work with jury consultants strategically, explore alternative dispute resolution, and involve appellate lawyers at every stage of significant cases. Attracting and retaining top notch talent is also a challenge where clients are driving costs down yet inflation and the market demand higher salaries. We lean strongly on our culture, sophisticated matters, and competitive compensation to maintain highly talented lawyers.