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Ahead of the Curve

November 2017

PURPOSE

The Professional Development Advisory Committee’s (PDAC) purpose in providing you this communication is to further its goal of periodically sharing topical information regarding the legal industry. Our hope is that one or more of the updates will provide a spark of insight to assist with your work on behalf of ALA as well as within your firm or legal department.


    

Past Issues

2017

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"HOW TO MANAGE A NEEDY EMPLOYEE"

As a manager, you probably wish you could give all the people on your team more attention. But sometimes certain employees seem to need more than their fair share of your time. Maybe they repeatedly ask you to review their work, look for constant feedback, or regularly show up at your desk to chat. What do you do about that needy person on your team? How do you balance being a responsive manager with the need to get your own work done? And how should you manage your frustration? 

Read more.

Resource: Rebecca Knight, Harvard Business Review 


"LINKEDIN SALARY"

Just an FYI, resources such as LinkedIn Salary may make us think twice about how all firms and ALA itself is sourcing salary information in the future. It may take several years for this to grasp hold and be of great value, but it’s a very real possibility. 

Read more.


"WHAT JOSHUA BROWDER’S EQUIFAX CLAIMS TOOL MEANS FOR LAWYERS"

"What is most interesting about this story is two-fold: that people are so incredibly excited about tech-assisted legal claims, even when that assistance is relatively small; and secondly, where this can go next. What is perhaps most worrying for lawyers is not that this replaces them – yet – , but that people clearly like the idea of conducting legal claims (and other areas of legal work) without the need for a lawyer. Let’s face it, the people don’t love lawyers and seem to leap at anything that promises legal help without lawyers involved. That is something all Bar organisations should mull over. Luckily for lawyers in this case, it’s rather a false positive, i.e. no lawyers were needed anyway, but in the future more complex systems will develop. And then work that lawyers DO want to keep will start to be captured by bots."

Read more.

Resource: Artificial Lawyer


"WHY REDUCING RISK REQUIRES NEW SKILLS"

"Where the law and lawyers have not kept up is in the area of emerging risks. These are the risks that can’t be solved by the simple contract, policy, or procedure. These are the risks that take serious thinking, knowledge across many substantive areas, and an appreciation for complex problems. They require collaborative effort, curiosity, and a willingness to shift business models. In sum, they are the areas lawyers are least prepared to handle and, it seems, most willing to avoid." 

Read more.

Resource: Ken Grady


"INTERVIEWING AFTER HOURS"

"Using non-traditional methods of interviewing can take interviewees by surprise. That can be helpful in fields that require creativity, innovation and quick-thinking," This article provides some insights into different ways to judge candidates based on your needs. However, be careful what you are doing because the wrong set of questions could alienate a great candidate." 

Read more.

Resource: Mark McGraw, Human Resource Executive Magazine


"APPLYING THE ROONEY RULE"

"What can a national law firm learn from the National Football League about diversity hiring? More than you might think, as it turns out." This article highlights the process of the Rooney Rule and how it can be implemented in a firm's diversity hiring program. 

Read more.

Resource: Maura C. Ciccarelli, Human Resource Magazine


"LOOKING BEYOND NUMBERS: FINDING MEANINGFUL RELATIONSHIPS BETWEEN DATA SOURCES"

Recognizing some of the correlations that your data might hold can lead to further meaningful discoveries.

Read more.

Resource: Eric Mosca, InOutsource



"THE BEST PATH FORWARD"

"Many CFOs, it turns out, still deploy tried and true capital planning techniques like net present value (NPV) and internal rate of return (IRR). But others find that they are relying less and less on the old formulas: when speed is of the essence, often a straight return on investment is all that’s needed. So, what methods and models are informing CFOs’ capital investment decisions in the 21st century? How are they making the critical choices that shape their organizations’ futures?" This article provides examples and ways of blurring the lines of typical capital budgeting and realizing that capital budgeting blurs into operating expenses."

Read more.

Resource: Russ Banham, CFO Magazine


"DIRECT CARE MODEL SAVES EMPLOYER THOUSANDS ON HEALTH INSURANCE"

Is this healthcare "insurance" model coming down the pipe next? "Strada is a disruptive model of healthcare which removes the headache of health insurance while providing nearly unlimited primary care for a low cost, monthly subscription. By removing insurance, DPC drastically reduces the amount of overhead costs and time spent on billing and insurance related activity."

Read more.

Resource: Strada Healthcare


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PROFESSIONAL DEVELOPMENT ADVISORY COMMITTEE

Sharon Meit Abrahams, EdD — Foley & Lardner LLP

Jennifer Colwell, CLM, MBA — McGill, Gotsdinger, Workman, & Lepp

Kevin Costello — Holland & Knight LLP

Tammy Cowser, PHR, CP — Gardere Wynne Sewell LLP

Lisa Dasher, CLM, CPA, CGMA — Wicker Smith O'Hara McCoy & Ford P.A.

Rick Hellers — nQueue Billback LLC

Lana McGinnis, CLM, SPHR, SHRM-SCP — Sturgill Turner Barker& Moloney, PLLC

Paul Morton — Burns & Levinson LLP

Stephen Wolf, CLM — Deutsch Kerrigan & Stiles, LLP

ALA Board of Directors Liaison to Committee

James Cornell III — Graves Dougherty Hearon & Moody, PC

ALA Liaison to Committee

Patricia S. Carrera, JD, CKM, CPLP — ALA's Sr. Director, Member Experience

pcarrera@alanet.org; 847-267-1252