Teal Compliance’s Post

We have courses focusing on AML, Data Protection & Regulatory requirements for both general staff & fee earners. Let me know if you would like to book some time in together to discuss further. #compliancetech #legaltech #compliancetraining

Legal Insight: Building a Strong Legal Foundation ⚖️ In the ever-evolving landscape of the legal industry, building a strong foundation is key to success. Whether you’re just starting out or looking to scale your practice, understanding the essential principles of law, ethics, and client relations is critical. 🔑 Tip of the day: Focus on creating meaningful relationships with your clients and continually invest in your professional growth. The legal industry thrives on trust, knowledge, and dedication. Stay tuned for more insights, tips, and stories that drive the legal business forward! #LegalBusiness #LegalProfessionals #Lawyers #SuccessInLaw #LegalAdvice #BusinessGrowth #LegalNetworking

🚨 Points of Discussion - Fixed Recoverable Costs in Personal Injury Claims 🚨 Recent changes to Fixed Recoverable Costs are set to reshape personal injury law, with new caps now covering claims up to £100,000. This shift aims to make legal costs more predictable, but it could also mean firms focus more on high-value cases, making it tougher for people with smaller claims to find representation. As a trainee, it’s interesting to see how these reforms will impact access to justice and the approach firms take to case selection. My personal view is that balancing cost management with quality client service will be key to navigating this new legal landscape 🧭

Survey says: 87% of General Counsels are sweating over investing in talent and resources in 2024. 💸🌩️ On the flip side, a solid 100% 👀of GCs who hired law firms in 2023 later turned into regretful pandas due to the challenges faced. 😞 Got similar worries? 💡Check out how your legal buddies are tackling these hurdles in the full survey here: https://okt.to/PTtqfx #legalops #legaloperations #inhousecounsel #legaltalent #legalstaffing #legaltech #generalcounsel

⚖️Legal Ethics: Model-Rule-A-Day ⚖️ Rule 1.17 (Sale of Practice) often glossed over but allows a lawyer to sell/buy a firm. The Comment is a dense 15 ¶s. Only 8 states adopted, most others went rogue with changes. More than just for selling law firms, the Rule is key to succession planning. While ethically challenging, the key is to protect clients. #law #TheLawFirmGC #lawfirms

Developing an edge that distinguishes your practice can mean the difference between success and failure.  Efficiency is that edge to becoming more competitive. According to a Thomson Reuters Institute report, 74% of the responding law firms reported that time consumed by administrative duties was at least a moderate challenge. The new competitive advantage in the legal field is now the automation of legal tasks such as timekeeping, bill compiling and invoice formatting as addressed in this article: https://lnkd.in/ebVBugrY --- #legaloperations #legalops #legaltech #legaltechnology #lawfirm #legalpractice #lawfirms #practicemanagement #lawyers #lawyer #LawFirmManagment #legalpracticemanagement #lawpractice #paralegal #paralegals #attorney #attorneys #legaloperations #legalops #legaltech #legaltechnology American Bar Association Clio - Cloud-Based Legal Technology Actionstep Rocket Matter PracticePanther

As if there weren’t enough reasons to attend ex judicata's upcoming “If I Leave the Law...Careers in Compliance" webinar we saw this little item in Law360.   𝐉𝐃𝐬 𝐋𝐢𝐧𝐤𝐞𝐝 𝐓𝐨 𝐇𝐢𝐠𝐡𝐞𝐫 𝐏𝐚𝐲 𝐅𝐨𝐫 𝐂𝐡𝐢𝐞𝐟 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐎𝐟𝐟𝐢𝐜𝐞𝐫𝐬 "Chief compliance officers with law degrees earn much more — sometimes as much as nearly $300,000 more — compared with those without the degree, according to a recent report." For more information and to register for our upcoming webinar: https://lnkd.in/e-GmkDXU

⚖️Legal Ethics: Model-Rule-A-Day⚖️ The Rules are in 8 categories, each with sub-rules: 1) Client-Lawyer Relationship 2) Counselor 3) Advocate 4) Transactions with Others 5) Law Firms & Associations 6) Public Service 7) Info re Legal Services 8) Integrity of Profession Client Focus: Each category presents an opportunity to grow and audit your law firm in that specific area. #law #TheLawFirmGC #attorneys

Stay ahead in the legal world! Celesq® offers 500+ online CLE programs covering hot topics in litigation, corporate law, IP, ethics, and more. Email to get a coupon for your firm! customer.care@celesq.com Please visit www.celesq.com/about for more information. #LegalTrends #CLEOnline #CorporateLaw #AttorneyGrowth #LegalInsights #EthicsInLaw #IPLaw #Celesq #LawEducation

The legal sector is evolving to implement new technologies to improve efficiencies and increase profitability. In particular, various applications now enable accurate data standardization and related analysis with respect to internal employee and management performance metrics, as well as realization and collection rates. Read more: https://lnkd.in/dNUXG-i --- #legaloperations #legalops #legaltech #legaltechnology #lawfirm #legalpractice #lawfirms #practicemanagement #lawyers #lawyer #LawFirmManagment #legalpracticemanagement #lawpractice #paralegal #paralegals #attorney #attorneys American Bar Association Clio - Cloud-Based Legal Technology Actionstep Rocket Matter PracticePanther