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Ahead of the Curve

January 2019

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.


    

"LAW FIRMS PROVIDING FLEXIBLE WORK ARRANGEMENTS"

"Why not make your number one New Year’s resolution the transformation of your law firm’s culture to ensure the highest possible level of technological competence and information security?"

Read more.

Resource: Jason Tashea ABA Journal


"TRANSFORMING LAW FIRM CULTURE TO ENSURE INFORMATION SECURITY"

"Why not make your number one New Year’s resolution the transformation of your law firm’s culture to ensure the highest possible level of technological competence and information security?"

Read more. (requires a free subscription)

Resource: Christopher Combs and Michael Lester, WindTalker, Law.com


"THREE TRANSACTIONS — WHICH MIGHT HAPPEN IN 2019 — THAT WOULD RESHAPE THE LEGAL MARKET"

As in years past, the legal market has seen a significant number of mergers and acquisitions in 2018. This past year, however, there was a bit of a twist, and possibly, the beginning of a new trend.  Beyond notable law firm mergers involving Bryan Cave, Hunton & Williams, Clark Hill, and more, there were some mergers that raised a variety of eyebrows.  Riverview was bought by EY. UnitedLex, which did deals with LeClairRyan and GE, was sold to CVC Capital Partners. Deloitte and EY formed partnerships with boutique immigration powerhouses Fragomen and Berry Appleman, respectively. All of this activity raises an obvious question – what might we expect for 2019?

Read more. (requires a free subscription)

Resource: Nicholas Bruch, Director, ALM Intelligence, Law.com


"PAY WON'T RISE MUCH DESPITE LOW UNEMPLOYMENT, RESEARCHERS SAY"

In lieu of big raises, employers could offer improved benefits, flexibility and career opportunities.

Employers may not feel pressured to significantly hike wages despite record low unemployment, say Federal Reserve Bank researchers.

By the end of 2018, the U.S. unemployment rate was just under 4 percent, its lowest level since 1969. "Could such an ostensibly tight labor market lead to a sharp pickup in wage growth from its recent moderate pace?" wrote Sylvain Leduc, Chitra Marti and Daniel Wilson of the Federal Reserve Bank of San Francisco in a new study.

Read more.

Resource: Stephen Miller, CEBS, SHRM


"TWELVE LEADERSHIP RESOLUTIONS FOR 2019"

The New Year is a time to shake off bad habits and resolve to make improvements. Four Altman Weil consultants comment on typical pitfalls of leadership and how to turn things around in 2019.

Read more.

Resource: Thomas S. Clay, James D. Cotterman, Rees W. Morrison, Eric A. Seeger, Altman Weil


"THE TOP 8 DEVELOPMENTS IN LEGAL MARKETING IN 2018, AND A LOOK AHEAD"

"Looking back on the developments in legal marketing over the past year, we saw some important advances, as well as some, let’s say, interesting quests to get new clients. Here’s my list of the top eight legal marketing stories of the year."

Read more.

Resource: William Hornsby, Attorney at Work


"HOW ARE YOU HANDLING VAPING AT WORK?"

Companies may want to address e-cigarette use in their smoking policies.

Read more.

Resource: Lisa Nagele-Piazza, J.D., SHRM-SCP, SHRM


"DISRUPTING THE LEGAL SECTOR THROUGH TECHNOLOGY"

Five questions with Mihui Pak, Vice President of Product for LegalMation. This brief read is filled with examples of how technology is automating routine litigation work, and it's not what you might think!

Read more.

Resource: Erin Hichman, Legaltech News


"5 CYBERSECURITY HABITS LAW FIRMS SHOULD KICK IN 2019"

As 2018 comes to a close, here are a few cybersecurity habits law firms shouldn’t bring in the new year.

Read more.

Resource: Victoria Hudgins, Legaltech News


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PROFESSIONAL DEVELOPMENT ADVISORY COMMITTEE

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

Kevin Costello — Holland & Knight LLP

Tammy Cowser, PHR, CP — Foley & Lardner LLP

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

Rick Hellers — nQueue Billback LLC

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

Teresa Reiner, CLM — Gislason & Hunter LLP

Teresa Walker — Waller Lansden Dortch & Davis, LLP

Stephen Wolf, CLM, CPA — Deutsch Kerrigan, LLP

ALA Board of Directors Liaison to Committee

Michael Bumgarner, CLM, CPA, CGMA — Flaherty Sensabaugh Bonasso PLLC

ALA Liaison to Committee

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

pcarrera@alanet.org; 847-267-1252