Ahead of the Curve
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.
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?
Resource: Rebecca Knight, Harvard Business Review
"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."
"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."
Resource: Ken Grady
"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."
Resource: Mark McGraw, Human Resource Executive Magazine
"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.
Resource: Maura C. Ciccarelli, Human Resource Magazine
Recognizing some of the correlations that your data might hold can lead to further meaningful discoveries.
Resource: Eric Mosca, InOutsource
"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."
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."
Resource: Strada Healthcare
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