<?xml version="1.0" encoding="utf-8"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>½Û×ÓÊÓƵ</title><link>/blog/</link><description /><category>In-house</category><category>Events</category><category>Future of Law</category><category>Research &amp; legal analysis</category><category>Students</category><category>News</category><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:contributor><a10:name> </a10:name></a10:contributor><a10:link rel="self" type="application/rss+xml" href="/blog/feeds/lexisnexis" /><item><guid isPermaLink="false">urn:uuid:579800a5-e0bc-44b2-a364-e2ff5f7eaf25</guid><link>/blog/research-legal-analysis/ai-in-arbitration-catalyst-for-efficiency-or-hidden-peril-to-our-core-values</link><category>Research &amp; legal analysis</category><title>AI in Arbitration: Catalyst for Efficiency or Hidden Peril to Our Core Values?</title><description>In an era poised for transformation, AI stands on the cusp of revolutionising arbitration – promising unparalleled efficiency but also underpinned by significant risks at times. How can we best harness the potential of this emerging superpower whilst being cognisant of all the challenges it may pose? What are our genuine expectations from this digital ally? These pivotal questions framed the dynamic panel session AI in arbitration held at the ICC United Kingdom Arbitration &amp; ADR conference on 24 October 2024.The panel consisted of Guy Pendell, Partner, CMS and Chair, ICC United Kingdom Arbitration &amp; ADR Committee (acting as the moderator); Joseph Otoo, Senior Legal Counsel, Associate Director, Arup; Monica Crespo, Head of Product, Jus Mundi; Minesh Tanna, Global AI Lead, Partner, Simmons &amp; Simmons; and Stephen Dowling, Senior Counsel and Founder, TrialView.The panel of experts unveiled AI tools that are reshaping hearing preparation and evidence management – think smart tech that predicts outcomes and flags discrepancies before they escalate. Welcome to the present (and future) of arbitration!The Three Pillars of AIThe consensus was unmistakable: AI delivers efficiency and adaptability, yet begs us to consider the implications on accuracy, transparency and reliability. As we lean into this brave new world, how do we address a chilling concern: AI’s voracious data appetite threatens confidentiality. Are we unwittingly compromising sensitive information?Accountability and Consent The dialogue heated as the panel tackled the appealability of AI-generated outputs. With ‘hallucinate</description><pubDate>Mon, 11 Nov 2024 16:50:47 Z</pubDate><a10:content type="text">&lt;p&gt;In an era poised for transformation, AI stands on the cusp of revolutionising arbitration &amp;ndash; promising unparalleled efficiency but also underpinned by significant risks at times. How can we best harness the potential of this emerging superpower whilst being cognisant of all the challenges it may pose? What are our genuine expectations from this digital ally? &lt;/p&gt;&lt;p&gt;These pivotal questions framed the dynamic panel session &lt;strong&gt;&lt;em&gt;AI in arbitration&lt;/em&gt;&lt;/strong&gt; held at the ICC United Kingdom Arbitration &amp;amp; ADR conference on 24 October 2024.&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The panel consisted of &lt;em&gt;Guy Pendell&lt;/em&gt;, Partner,&amp;nbsp;CMS&amp;nbsp;and Chair,&amp;nbsp;ICC United Kingdom Arbitration &amp;amp; ADR Committee (acting as the moderator); &lt;em&gt;Joseph Otoo&lt;/em&gt;, Senior Legal Counsel, Associate Director,&amp;nbsp;Arup; &lt;em&gt;Monica Crespo&lt;/em&gt;, Head of Product,&amp;nbsp;Jus Mundi; &lt;em&gt;Minesh Tanna&lt;/em&gt;, Global AI Lead, Partner,&amp;nbsp;Simmons &amp;amp; Simmons; and &lt;em&gt;Stephen Dowling&lt;/em&gt;, Senior Counsel and Founder,&amp;nbsp;TrialView.&lt;/p&gt;&lt;p&gt;The panel of experts unveiled AI tools that are reshaping hearing preparation and evidence management &amp;ndash; think smart tech that predicts outcomes and flags discrepancies before they escalate. Welcome to the present (and future) of arbitration!&lt;/p&gt;&lt;p&gt;&lt;strong&gt;The Three Pillars of AI&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The consensus was unmistakable: AI delivers efficiency and adaptability, yet begs us to consider the implications on accuracy, transparency and reliability. As we lean into this brave new world, how do we address a chilling concern: AI&amp;rsquo;s voracious data appetite threatens confidentiality. Are we unwittingly compromising sensitive information?&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Accountability and Consent &lt;/strong&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The dialogue heated as the panel tackled the appealability of AI-generated outputs. With &amp;lsquo;hallucinate&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/generative_ai_opportunity_threat_or_both.tmb-rssthumbna.png?sfvrsn=f482478b_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:30131dbb-bfd0-45b6-a313-605891a4aa6e</guid><link>/blog/in-house/becoming-a-non-executive-director-key-skills-and-practical-tips</link><category>In-house</category><title>Becoming a Non-Executive Director: Key Skills and Practical Tips</title><description>½Û×ÓÊÓƵ’s in-house Senior Counsel session in October featured KPMG qualified Fellow Chartered Accountant Jerry Harris, CEO of Dynamic Boards Sarah Pierman, and property and finance markets expert Martin Gunson, all sharing their insights on key skills and practical tips on becoming and excelling as a Non-Executive Director.</description><pubDate>Fri, 08 Nov 2024 16:24:00 Z</pubDate><a10:content type="text"></a10:content><media:content url="/blog/images/default-source/loan-ranger/gettyimages1-694855060.tmb-rssthumbna.jpg?sfvrsn=600a76bf_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:5836fe29-3991-4254-ad29-cac6c3e3ffbe</guid><link>/blog/future-of-law/weighing-the-pros-cons-of-ai-for-lawyers</link><category>Future of Law</category><title>AI in the law: the benefits, risks and human oversight</title><description>Much is spoken about the risks and rewards of AI in the practice of the law. We look at the data and leading opinions.</description><pubDate>Wed, 23 Oct 2024 23:00:00 Z</pubDate><a10:content type="text">&lt;div&gt;The rapid adoption of artificial intelligence (AI) in the legal sector has ushered in a new era of efficiency and innovation. However, as with any transformative technology, there are inherent risks that must be carefully navigated. This blog explores the potential risks associated with AI in the legal profession, while also highlighting the significant benefits and strategies for mitigating risks through human oversight and responsible implementation.&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:var(--font-size-h4);font-weight:bold;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;h4&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:var(--font-size-h4);font-weight:bold;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;Mitigating the risks of AI&lt;/span&gt;&lt;br&gt;&lt;/h4&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;While AI offers numerous advantages, it is crucial to address the potential risks and concerns that accompany its use in the legal field. One of the primary concerns is the risk of inaccurate or fabricated information, also known as "hallucinations." As the survey revealed, three-quarters (76%) of UK legal professionals are concerned about this issue when using public-access generative AI platforms.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="/legal/guidance/how-to-manage-the-risks-of-artificial-intelligence-in-your-business" data-sf-ec-immutable=""&gt;How to manage the risks of AI in your business&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;"The most important element of our approach, however, is the 'lawyer in the loop' principle and human centered legal AI," says Gerrit Beckhaus, Partner and Co-head of the Freshfields Lab at Freshfields Bruckhaus Deringer. &lt;/p&gt;&lt;p&gt;&lt;a href="/legal/guidance/can-the-use-of-generative-ai-lead-to-trade-mark-infringement-what-steps-can-brand-owners-take-to" target="_blank" data-sf-ec-immutable=""&gt;Can the use of generative AI lead to trade mark infringement?&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;Dr. Katy Peters, Law Lecturer and Programme Lead for LLM in Professional Legal Practice from the University of Surrey, emphasises the importance of human oversight: &lt;/p&gt;&lt;p&gt;"Whilst it may no longer be necessary to spend hours in a library or searching an online database, it will still be necessary to create appropriate prompts, review responses, adapt templates and challenge discrepancies." &lt;/p&gt;&lt;p&gt;&lt;a href="/legal/guidance/artificial-intelligence-explainability" target="_blank" data-sf-ec-immutable=""&gt;I want to learn about AI and the need for explainability&lt;/a&gt; &lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;To address these concerns, the survey found that three-quarters (72%) of lawyers would feel more confident using a generative AI tool grounded in legal content sources with linked citations to ve&lt;/span&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/pexels-pixabay-248747.tmb-rssthumbna.jpg?sfvrsn=4c66d204_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:f209902e-957a-4744-8f04-6fca4e0ce7a2</guid><link>/blog/research-legal-analysis/prime-finance-london-conference-october-2024</link><category>Research &amp; legal analysis</category><title>P.R.I.M.E. FINANCE London Conference October 2024!</title><description>By Nina Hall LLB and Dr Gustavo Moser of ½Û×ÓÊÓƵ Arbitration TeamOver 100 P.R.I.M.E. Finance Experts, banking finance lawyers and international arbitration specialists gathered in London for the annual P.R.I.M.E. Finance conference, hosted by Linklaters.The day opened with a well received speech by Mr Justice Henshaw, the latest member of the judiciary to take over the running of the London Commercial Court. Financial transactions dispute jurisprudence adds to the body of common law, with judicial rulings
    on mis-statements, reliance and the role of the regulatory bodies governing financial transactions playing their part in shaping the rule of law. Henshaw J discussed recent case law as well as commentary on the outlook for banking litigation expertly
    moderated by Mr Bob Pickel, chair of P.R.I.M.E. Finance.Rick Grove, member of the P.R.I.M.E Finance Management Board, CEO of Rutter Associates, New York and a Finance Expert with P.R.I.M.E. moderated the next session: Market Developments and Geo-political Tensions: Potential Sources for Disputes. The attendees heard from Dr Nigel Gould-Davies[1] who identified a current retraction from the past 40 years globalisation trend towards retraction of state participation in global industry as a minor participant,
    with many sovereigns reverting to national ownership models, with attendant asset ‘grabbing’ on sovereign lines. Dr Sharon Brown-Hruska[2] commented that amongst the obvious tensions of war, the impact of the Chinese economy slowing down in recent years on globalisation had yet to be felt. Franck Risler
    [3]
  observed that not surprisingly these trends had resulted in a growing marketplace for private credit.A lively and timely debate on the role of Ethics in the financial industry moderated by Habib Motani of Clifford Chance accompanied by Helen Fletcher, General Counsel at BNP Paribas left the audience with key  takeaways  about the continued role of lawyers to consider their own professional duties – over and above contracts of employment where in-house or as advisers, as well as</description><pubDate>Tue, 22 Oct 2024 14:40:41 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;&lt;strong&gt;By Nina Hall LLB and Dr Gustavo Moser of ½Û×ÓÊÓƵ Arbitration Team&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Over 100 P.R.I.M.E.&amp;nbsp;Finance Experts, banking finance lawyers and international arbitration specialists gathered in London for the annual P.R.I.M.E.&amp;nbsp;Finance conference, hosted by Linklaters.&lt;/p&gt;&lt;/div&gt;&lt;p&gt;The day opened with a well received speech by Mr Justice Henshaw, the latest member of the judiciary to take over the running of the London Commercial Court. Financial transactions dispute jurisprudence adds to the body of common law, with judicial rulings
    on mis-statements, reliance and the role of the regulatory bodies governing financial transactions playing their part in shaping the rule of law. Henshaw J discussed recent case law as well as commentary on the outlook for banking litigation expertly
    moderated by Mr Bob Pickel, chair of P.R.I.M.E.&amp;nbsp;Finance.&lt;/p&gt;&lt;p&gt;Rick Grove, member of the P.R.I.M.E&amp;nbsp;Finance Management Board, CEO of Rutter Associates, New York and a Finance Expert with P.R.I.M.E.&amp;nbsp;moderated the next session:&amp;nbsp;&lt;em&gt;Market Developments and Geo-political Tensions: Potential Sources for Disputes.&amp;nbsp;&lt;/em&gt;The attendees heard from Dr Nigel Gould-Davies&lt;a href="file:///C:/Users/stevensa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/HPRYX5ZI/DY_PRIME%20FINANCE%20LONDON%20conference%202024%20(002)%20rev%20gm%20091024%20final%20nh%20(AS)%20gm%20101024%20nh.docx#_ftn1" name="_ftnref1" title="" data-sf-ec-immutable=""&gt;&lt;sup&gt;&lt;sup&gt;[1]&lt;/sup&gt;&lt;/sup&gt;&lt;/a&gt;&amp;nbsp;who identified a current retraction from the past 40 years globalisation trend towards retraction of state participation in global industry as a minor participant,
    with many sovereigns reverting to national ownership models, with attendant asset &amp;lsquo;grabbing&amp;rsquo; on sovereign lines. Dr Sharon Brown-Hruska&lt;a href="file:///C:/Users/stevensa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/HPRYX5ZI/DY_PRIME%20FINANCE%20LONDON%20conference%202024%20(002)%20rev%20gm%20091024%20final%20nh%20(AS)%20gm%20101024%20nh.docx#_ftn2" name="_ftnref2" title="" data-sf-ec-immutable=""&gt;&lt;sup&gt;&lt;sup&gt;[2]&lt;/sup&gt;&lt;/sup&gt;&lt;/a&gt;&amp;nbsp;commented that amongst the obvious tensions of war, the impact of the Chinese economy slowing down in recent years on globalisation had yet to be felt. Franck Risler
    &lt;a href="file:///C:/Users/stevensa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/HPRYX5ZI/DY_PRIME%20FINANCE%20LONDON%20conference%202024%20(002)%20rev%20gm%20091024%20final%20nh%20(AS)%20gm%20101024%20nh.docx#_ftn3" name="_ftnref3" title="" data-sf-ec-immutable=""&gt;&lt;sup&gt;&lt;sup&gt;[3]&lt;/sup&gt;&lt;/sup&gt;
 &lt;/a&gt;&amp;nbsp;observed that not surprisingly these trends had resulted in a growing marketplace for private credit.&lt;/p&gt;&lt;p&gt;A lively and timely debate on the role of&amp;nbsp;&lt;em&gt;Ethics in the financial industry&lt;/em&gt;&amp;nbsp;moderated by Habib Motani of Clifford Chance accompanied by Helen Fletcher, General Counsel at BNP Paribas left the audience with key&amp;nbsp; takeaways &amp;nbsp;about the continued role of lawyers to consider their own professional duties &amp;ndash; over and above contracts of employment where in-house or as advisers, as well as &lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/corporate-law/microsoftteams-image-8.tmb-rssthumbna.png?sfvrsn=fcd262cc_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:20c53dc5-8f68-4ea6-8fd2-f9e5b888f66a</guid><link>/blog/future-of-law/how-to-encourage-your-legal-team-to-pick-up-ai</link><category>Future of Law</category><title>How to encourage your legal team to pick up AI</title><description>Part of investing in AI is proving its commercial value. Here's how to encourage adoption in firms and legal teams.</description><pubDate>Wed, 16 Oct 2024 23:00:00 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;AI's potential to streamline legal tasks as resulted in adoption rates jump from 11% (&lt;a href="/research-and-reports/generative-ai-and-the-legal-profession-report.html" target="_blank" data-sf-ec-immutable=""&gt;July 2023 survey&lt;/a&gt;) to 41% (&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;September 2024 survey&lt;/a&gt;) in a little over a year.&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&amp;nbsp;Despite the eagerness, it's now up to the leaders of firms and in-house legal departments to encourage widespread adoption and prove the commercial value of this new technology.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;This blog explores effective strategies to foster AI adoption within the legal community.&lt;/span&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;&lt;h4&gt;&lt;strong&gt;Establishing a top-down approach&lt;/strong&gt;&lt;/h4&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;Encouraging AI adoption requires a top-down approach, where leadership plays a pivotal role in promoting and championing the use of AI tools. As Joe Cohen, the Director of Innovation at Charles Russell Speechlys, emphasises, "We have been encouraging all of our staff to use AI. Senior leadership have done a great job of speaking about their own, often daily, use of it."&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="/legal/precedents/artificial-intelligence-ai-risk-management-board-briefing" data-sf-ec-immutable=""&gt;Artificial intelligence (AI) risk management&amp;mdash;board briefing&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;By leading by example and actively demonstratin&lt;/span&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;g the benefits of AI in their daily workflows, senior leaders can inspire confidence and encourage adoption among their teams. This top-down approach not only sets the tone but also reinforces the firm's or legal team's commitment to embracing innovative technologies.&lt;/span&gt;&lt;br&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;h4&gt;&lt;strong&gt;Comprehensive training and education&lt;/strong&gt;&lt;/h4&gt;&lt;div&gt;Providing comprehensive training and education is crucial to fostering AI adoption among lawyers. As Pawel Lipski, a partner at Bird &amp;amp; Bird, notes, "As generative AI tools become better in research and drafting, it may be very challenging for younger colleagues to get proper training. It will certainly not be the kind of training I had."&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;To address this challenge, law firms and in-house legal teams should develop tailored training programmes that cover the fundamentals of AI technology, its applications in legal practice, and best practices for effective utilisation. These training sessions should be designed to build confidence and equip lawyers wi&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/marc-kleen-rk3_3spcnt4-unsplash.tmb-rssthumbna.jpg?sfvrsn=49225530_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:49c59085-d828-4b25-8699-52c0284fad1d</guid><link>/blog/in-house/becoming-a-non-executive-director-key-skills-practical-tips</link><category>In-house</category><title>Becoming a Non-Executive Director: Key Skills and Practical Tips</title><description>Becoming a Non-Executive Director: Key Skills and Practical TipsThis October, we invite you to join our Senior Counsel session featuring Jerry Harris, a KPMG qualified Fellow Chartered Accountant. He will share his insights on the essential skills and practical tips needed to excel as a Non-Executive Director.After ten years with KPMG, Jerry spent the remainder of his full-time career as a senior board member at major recruitment businesses, including PSD and Quarry Dougal, and served as Managing Director of Reed Employment for six years. Since 2007, he has held multiple NED and Board Adviser positions at various SMEs, including Flex Legal. Additionally, he has been a board member and adviser at four major UK legal recruiters. The panel speakers will include Sarah Pierman who is CEO of Dynamic Boards as well as Martin Gunson who has more than 30 years’ experience of property and re</description><pubDate>Wed, 16 Oct 2024 08:06:25 Z</pubDate><a10:content type="text">&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Becoming a Non-Executive Director: Key Skills and Practical Tips&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This October, we invite you to join our Senior Counsel session featuring Jerry Harris, a KPMG qualified Fellow Chartered Accountant. He will share his insights on the essential skills and practical tips needed to excel as a Non-Executive Director.&lt;/p&gt;&lt;p&gt;After ten years with KPMG, Jerry spent the remainder of his full-time career as a senior board member at major recruitment businesses, including PSD and Quarry Dougal, and served as Managing Director of Reed Employment for six years. Since 2007, he has held multiple NED and Board Adviser positions at various SMEs, including Flex Legal. Additionally, he has been a board member and adviser at four major UK legal recruiters. The panel speakers will include Sarah Pierman who is CEO of Dynamic Boards as well as Martin Gunson who has more than 30 years&amp;rsquo; experience of property and re&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/sa-1024-1669-1720x5302abe3243-1bf0-4a6f-a5b1-09f22f3e94e8.tmb-rssthumbna.png?sfvrsn=94540be7_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:18236be3-c361-4e5e-8a89-c2e807f1e830</guid><link>/blog/future-of-law/will-ai-change-billing-models-for-law-firms</link><category>Future of Law</category><title>Will AI change billing models for law firms?</title><description>As AI continues to increase efficiency, it is causing many to challenge the suitability of the billable hour.</description><pubDate>Sun, 13 Oct 2024 23:00:00 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;For decades, the billable hour has been the cornerstone of law firm pricing models. However, AI is challenging this long-standing tradition. As AI streamlines routine tasks and accelerates legal work, the traditional billable hour model may no longer accurately reflect the value delivered to clients.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;/span&gt;&lt;span style="background-color:transparent;color:inherit;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;According to a newly published &lt;/span&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable="" style="font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;white-space:inherit;"&gt;½Û×ÓÊÓƵ survey of 800+ UK lawyers&lt;/a&gt;&lt;span style="background-color:transparent;color:inherit;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;, 39% of private practice lawyers now expect to adjust their billing practices due to AI, up from only 18% in January 2024. This shift is driven by the recognition that AI can significantly reduce the time required to complete certain tasks, potentially rendering the billable hour model obsolete for those activities.&lt;/span&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;A General Counsel and Company Secretary at a biotech firm stated, "The billable hour rewards inefficiency. AI removes the excuse of hours spent, so private practice lawyers will have to change the way they measure their contribution."&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;Many firms are exploring alternative pricing models that better align with the value delivered to clients. One such model is value-based billing, which focuses on the outcomes and results achieved rather than the time spent. A law firm partner shared, "AI will push the legal industry towards value-based billing models &lt;/span&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/james-langley-2on0zttoebw-unsplash.tmb-rssthumbna.jpg?sfvrsn=3950608_3" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:8144326d-3620-406d-9bd4-644b4933a3b9</guid><link>/blog/future-of-law/mitigating-hallucinations-strategies-for-lawyers-to-ensure-accurate-ai-generated-information</link><category>Future of Law</category><title>Hallucinations still the top concern for lawyers using AI</title><description>Despite the increase in adoption, hallucinations are still the top concerns for lawyers using AI. But there are ways to mitigate risk.</description><pubDate>Wed, 09 Oct 2024 23:00:00 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;Despite the widespread adoption of artificial intelligence (AI) in the legal sector, concerns about the potential for inaccurate or fabricated information, known as "hallucinations" are still widespread. These hallucinations can pose significant risks, particularly in the legal field where accuracy and reliability are paramount. To mitigate these risks, lawyers must adopt proactive strategies to ensure the integrity of AI-generated information.&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;&lt;h4&gt;&lt;strong&gt;Grounding AI in authoritative legal sources&lt;/strong&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;/span&gt;&lt;/h4&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;/span&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;One of the most effective ways to mitigate hallucinations is to ground AI tools in authoritative legal sources. By leveraging AI systems that are trained on reliable and up-to-date legal databases, such as &lt;a href="/products/lexis-plus-trial.html" target="_blank" data-sf-ec-immutable=""&gt;½Û×ÓÊÓƵ' vast repository of accurate and exclusive legal content&lt;/a&gt;, lawyers can significantly reduce the likelihood of encountering fabricated information.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="/insights/fast-law-why-speed-is-the-priority-for-lawyers-using-ai/index.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;Gerrit Beckhaus, Partner and Co-head of the Freshfields Lab at Freshfields Bruckhaus Deringer, emphasises the importance of this approach: "The most important element of our approach, is the 'lawyer in the loop' principle and human centered legal AI."&lt;/p&gt;&lt;p&gt;&lt;a href="/legal/precedents/training-materials-artificial-intelligence-ai-in-the-workplace" data-sf-ec-immutable=""&gt;Train your staff to use AI safely in the workplace. Download our training presentation&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;h4&gt;&lt;strong&gt;Implementing robust verification processes&lt;/strong&gt;&lt;/h4&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;/span&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;While grounding AI in authoritative sources is a crucial first step, it is equally important to implement robust verification processes. This involves critically evaluating AI-generated information, cross-checking against reliable sources, and challenging any discrepancies or inconsistencies.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;/span&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;Dr. Katy Peters, Law Lecturer and Programme Lead for LLM in Professional Legal Practice from the University of Surrey, underscores the importance of human oversight: "Whilst it may no longer be necessary to spend hours in a library or searching an online database, it will still be necessary to create appropriate prompts, review responses, adapt templates and challenge discrepancies."&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;te style=""&gt;&lt;/span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;te&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/pexels-mattdvphotography-2555561.tmb-rssthumbna.jpg?sfvrsn=25f5229_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:fb8bb9ec-d483-4da1-afdc-54c74e180e4d</guid><link>/blog/in-house/maintaining-strong-corporate-governance-to-avoid-corporate-scandals</link><category>In-house</category><title>Maintaining strong corporate governance to avoid corporate scandals</title><description>½Û×ÓÊÓƵ’s September session for in-house senior counsel focussed on key learnings from the Post Office scandal, and how both junior and senior counsel can challenge and engage the right culture to avoid a repeat of corporate scandals</description><pubDate>Tue, 08 Oct 2024 14:57:48 Z</pubDate><a10:content type="text"></a10:content><media:content url="/blog/images/default-source/loan-ranger/gettyimages-637031152.tmb-rssthumbna.jpg?sfvrsn=3c4f3759_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:bda69a25-9650-45a9-b3af-d53f490053a3</guid><link>/blog/future-of-law/mastering-countervailing-measures-protecting-uk-industries-from-subsidised-imports</link><category>Future of Law</category><title>Mastering countervailing measures: Protecting UK industries from subsidised imports</title><description>Here we share a summary of our webinar exploring strategies on how the UK industry may protect itself from subsidised imports entering the UK. This is the second instalment of our three-part webinar series on trade remedies.</description><pubDate>Tue, 01 Oct 2024 07:51:25 Z</pubDate><a10:content type="text">&lt;p&gt;We recently hosted the second instalment of our three-part series on trade remedies. This webinar explored strategies on how the UK industry may protect itself from subsidised imports entering the UK.&lt;/p&gt;&lt;p&gt;The webinar was hosted by Rian Geldenhuys who looks after the ½Û×ÓÊÓƵ International Trade content. Two expert panellists, Dr Bregt Natens, counsel in the International Commercial &amp;amp; Trade Practice Group at Baker McKenzie and Raheel Shahid, a solicitor with the UK&amp;rsquo;s Trade Remedies Authority provided key insights in obtaining protection from subsidised imports. &lt;/p&gt;&lt;p&gt;Dr. Natens shared his experience assisting industries in applying for protection against subsidised imports, while Mr. Shahid offered insights into the Trade Remedies Authority's considerations when receiving such applications. The webinar provided a comprehensive understanding of the strategies and processes involved in safeguarding UK industries from unfair trade practices.&lt;/p&gt;&lt;p&gt;You can&amp;nbsp;&lt;a href="https://www.youtube.com/watch?v=ACuoQ0aXvdk&amp;amp;t=28s" target="_blank" data-sf-ec-immutable=""&gt;watch the full webinar here&lt;/a&gt;&amp;nbsp;or read on for the key insights from the session.&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;&lt;h4&gt;Subsidies involves some investigation&lt;/h4&gt;&lt;p&gt;Unlike in dumping where an applicant would somewhat easily be able to gather the required information to prove dumping, subsidies require further investigation. This is due to the fact that one needs to prove four elements to show that a subsidy does exist namely that:&lt;/p&gt;&lt;ul&gt;&lt;li&gt;It is a financial contribution;&lt;/li&gt;&lt;li&gt;By a government (or entity authorised by government);&lt;/li&gt;&lt;li&gt;Which confer a benefit on the recipient; and&lt;/li&gt;&lt;li&gt;Is specific. &lt;/li&gt;&lt;/ul&gt;&lt;p&gt;To prove the existence of a subsidy, an applicant will have to carry out research on the legislation, regulation or policy authorizing the subsidy. This involves analysing media reports, company or industry specific press releases, and leveraging subsidy investigations conducted by other countries investigation authorities, which often serve as a crucial resource. &lt;/p&gt;&lt;p&gt;&lt;em&gt;&lt;a href="/legal/international-trade/subsidies-countervailing-measures" data-sf-ec-immutable=""&gt;View international trade practice notes, precedents and news articles&lt;/a&gt;&lt;/em&gt;&lt;br&gt;&lt;/p&gt;&lt;h4&gt;Planning for protection is key&lt;/h4&gt;&lt;p&gt;Proving the existence of a subsidy is one part of the requirements to obtain protection. The applicant must also demonstrate injury as a result of the subsidised imports. In this regard, it is crucial to plan ahead for when protection is required. Significant &lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/pexels-tomfisk-3075996.tmb-rssthumbna.jpg?sfvrsn=3f10a140_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:2956ca43-0e28-4865-be45-fdac98ff6aeb</guid><link>/blog/future-of-law/reshaping-the-legal-landscape</link><category>Future of Law</category><title>How AI is empowering lawyers to deliver faster legal solutions</title><description>Discover how law firms are adapting to new technologies, client expectations, and regulatory changes to thrive in a dynamic legal environment.</description><pubDate>Sun, 29 Sep 2024 23:00:00 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;AI adoption in the legal sector is accelerating at breakneck speed. A &lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;recent report by ½Û×ÓÊÓƵ&lt;/a&gt; found a staggering 82% of UK lawyers have either embraced generative AI or have plans to do so in the near future. This figure represents a nearly four-fold increase from the summer of 2023, when only a fraction of legal professionals had adopted this transformative technology.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;strong&gt;The demand for speed: how AI enhances legal services&lt;/strong&gt;&lt;/div&gt;&lt;h4&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/h4&gt;&lt;div&gt;&lt;p&gt;The driving force behind this rapid AI adoption is the need for faster delivery of legal services. In an increasingly competitive legal landscape, where clients demand efficiency and expediency, AI has emerged as a powerful tool to streamline processes and expedite turnaround times. The report reveals that a remarkable 71% of &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/reimagining-what-makes-a-successful-lawyer"&gt;lawyers&lt;/a&gt; cited faster work delivery as a key benefit of AI, with 52% identifying it as the primary advantage.&lt;/p&gt;&lt;p&gt;&lt;a href="/research-and-reports/generative-ai-survey-h2-2024.html" target="_blank" data-sf-ec-immutable=""&gt;&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;"The kind of applications we're seeing &amp;ndash; the way it's been rolled out, the innovation, the investment &amp;ndash; it's off the scale," says Jonathan Kewley, Partner and Co-Chair of the Global Tech Group at Clifford Chance. "It's important that lawyers are familiar with AI technology in the same way they are with the internet now. Those that don't use it will face a bit of an existential risk."&lt;/p&gt;&lt;p&gt;&lt;a href="/lexis-plus/lexis-plus-ai.html" target="_blank" data-sf-ec-immutable=""&gt;How Lexis+ AI speeds up legal research safely&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;Beyond speed, the report highlights other significant benefits of &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/explore-the-growing-appetite-for-legal-ai"&gt;AI &lt;/a&gt;adoption, such as improved client service (54%) and gaining a competitive advantage (53%). As clients become more discerning and demanding, AI offers a means to enhance the quality and responsiveness of legal services, ultimately leading to greater client satisfaction.#&lt;/p&gt;&lt;/div&gt;&lt;p&gt;&lt;strong&gt;The time-saving power of AI in law&lt;/strong&gt;&lt;/p&gt;&lt;div&gt;&lt;p&gt;The time-saving abilities of &lt;a href="[f669 href="/"&gt;&lt;/a href="[f669&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/pexels-carlnewton-2280165c14d0f2e-b174-4abc-b8d6-b874aac724cd.tmb-rssthumbna.jpg?sfvrsn=4481ca9f_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:3543c097-09f3-4f1e-8155-a56a6a796fd4</guid><link>/blog/in-house/post-office-scandal-what-lessons-to-learn</link><category>In-house</category><title>Post Office Scandal - what lessons to learn</title><description>Post Office Scandal - what lessons to learnIn today's business world, maintaining strong corporate governance is more critical than ever. Most of us have been shocked by the corporate governance failings at the Post Office. Sadly, this is not an isolated incident; there are plenty of other cases. In just recent months there have been reports of Carillion (financial irregularities), Boo-Hoo (unethical trading), News Group (Phone Hacking) and Axiom Ince (financial irregularities) to name just a few.None of us want to be part of these stories, but as the Post Office enquiry has shown – many people, including lawyers, become involved and fail to do the ‘right thing’.This raises two questions:(1) How do we avoid being embroiled in the ‘wrong thing’? and(2) How do we help our organisation to always be the good      corporate citizen?At our September Senior Counsel forum, Iain Larkins of Radius Law will chat with Gail Harrison, MD and Owner of Sewells. Gail is a Leadership and Culture Specialists who helps develop inspiring successful leaders, cr</description><pubDate>Wed, 11 Sep 2024 15:56:08 Z</pubDate><a10:content type="text">&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Post Office Scandal - what lessons to learn&lt;/strong&gt;&lt;/p&gt;&lt;p align="center" style="text-align:left;"&gt;In today's business world, maintaining strong corporate governance is more critical than ever. Most of us have been shocked by the corporate governance failings at the Post Office. Sadly, this is not an isolated incident; there are plenty of other cases. In just recent months there have been reports of Carillion (financial irregularities), Boo-Hoo (unethical trading), News Group (Phone Hacking) and Axiom Ince (financial irregularities) to name just a few.&lt;/p&gt;&lt;p align="center" style="text-align:left;"&gt;None of us want to be part of these stories, but as the Post Office enquiry has shown &amp;ndash; many people, including lawyers, become involved and fail to do the &amp;lsquo;right thing&amp;rsquo;.&lt;/p&gt;&lt;p&gt;This raises two questions:&lt;/p&gt;&lt;ul type="disc"&gt;&lt;li&gt;(1) How do we avoid being embroiled in the &amp;lsquo;wrong thing&amp;rsquo;? and&lt;/li&gt;&lt;li&gt;(2) How do we help our organisation to always be the good      corporate citizen?&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;At our September Senior Counsel forum, Iain Larkins of Radius Law will chat with Gail Harrison, MD and Owner of Sewells. Gail is a Leadership and Culture Specialists who helps develop inspiring successful leaders, cr&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/blog6da89423-9bc9-43a1-a481-e191bab3391e.tmb-rssthumbna.jpg?sfvrsn=2604df57_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:3e03a9be-fbcf-4151-850a-7e696a9fb94f</guid><link>/blog/future-of-law/protecting-the-uk-industry-from-dumped-imports</link><category>Future of Law</category><title>Protecting the UK industry from dumped imports</title><description>Catch the highlights from our webinar exploring strategies for UK industries to safeguard against unfairly dumped imports. This is the first in a three-part series in partnership with the TRA on trade remedies.</description><pubDate>Tue, 06 Aug 2024 13:07:08 Z</pubDate><a10:content type="text">&lt;p style="text-align:left;"&gt;We recently hosted an insightful webinar exploring strategies for UK industries to safeguard against unfairly dumped imports. We have partnered with the Trade Remedies Authority (TRA) to bring you a three-part series on trade remedies, this being the first.&lt;/p&gt;&lt;p style="text-align:left;"&gt;Moderated by Rian Geldenhuys, who oversees the ½Û×ÓÊÓƵ International Trade content, the virtual event featured a distinguished panel of trade remedy experts.&lt;/p&gt;&lt;p style="text-align:left;"&gt;Dr. Bregt Natens, counsel in the International Commercial &amp;amp; Trade Practice Group at Baker McKenzie, and Raheel Shahid, a solicitor with the UK's Trade Remedies Authority, shared their invaluable expertise on obtaining protection from dumped imports. Drawing from his experience assisting industries in filing anti-dumping applications, Dr. Natens provided practical insights into navigating the process successfully. Mr. Shahid offered a comprehensive understanding of the critical factors considered by the UK's Trade Remedies Authority when evaluating such applications.&lt;/p&gt;&lt;p style="text-align:left;"&gt;You can&amp;nbsp;&lt;a href="https://www.youtube.com/watch?v=hjbuUb8ljI4" target="_blank" data-sf-ec-immutable=""&gt;watch the full webinar here&lt;/a&gt;&amp;nbsp;or read on for the key insights from the session.&lt;/p&gt;&lt;h4 style="text-align:left;"&gt;Dumping is not necessarily intentional&lt;span style="text-decoration:underline;"&gt;&lt;/span&gt;&lt;/h4&gt;&lt;p style="text-align:left;"&gt;While dumping is often painted as an unfair trade practice, and it often is, it is most often not intentional. That is due to the definition of dumping, which goes beyond selling products cheaply or below cost in an export market. It is in fact international price discrimination, where an exporter sells its product at a lower price in the export market compared to the price for the same product in its own domestic market (the so-called normal value).&amp;nbsp; Often exporters do not benchmark their export pricing against their domestic pricing, and as a result, may be unaware they may be subject to anti-dumping duties.&lt;em&gt;&lt;/em&gt;&lt;/p&gt;&lt;p style="text-align:left;"&gt;&lt;em&gt;&lt;a href="/legal/international-trade#pa-topics-section" data-sf-ec-immutable=""&gt;View international trade practice notes, precedents and news articles&lt;/a&gt;&lt;/em&gt;&lt;em&gt;&lt;/em&gt;&lt;em&gt;&lt;/em&gt;&lt;em style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;word-spacing:normal;caret-color:auto;white-space:inherit;"&gt;&lt;em&gt;&lt;/em&gt;&lt;/em&gt;&lt;/p&gt;&lt;h4 style="text-align:left;"&gt;Dumping is but one part of the equation&lt;/h4&gt;&lt;p style="text-align:left;"&gt;In an anti-dumping duty application, significant emphasis is placed on whether the imported products are in fact being dumped. Applicants typically use import data to determine the export price, and conduct research in the exporter&amp;rsquo;s domestic market &lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/pexels-tomfisk-3057960.tmb-rssthumbna.jpg?sfvrsn=3b2b18a7_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:a1f94c22-a4e6-48dd-8eb5-49fab2c85594</guid><link>/blog/future-of-law/how-small-law-firms-can-compete-for-talent</link><category>Future of Law</category><title>Top tips for small law firms to successfully attract and retain talent</title><description>Discover effective strategies for small law firms to attract and retain top legal talent in a competitive market.</description><pubDate>Wed, 06 Jul 2022 11:04:37 Z</pubDate><a10:content type="text">&lt;div&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;According to the &lt;a href="/research-and-reports/bellwether-2022.html" data-sf-ec-immutable=""&gt;Bellwether 2022 report&lt;/a&gt; from ½Û×ÓÊÓƵ, the majority of smaller legal practices are actively recruiting new legal staff. Two thirds of the 345 &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/small-firms-gearing-up-for-legal-business-success"&gt;small law&lt;/a&gt; and solo legal professionals we surveyed said they have recently invested in, or shortly plan to invest in, more lawyers.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;&lt;/span&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;color:inherit;"&gt;But attracting and retaining new &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]989FB383-18F1-4B05-860D-C7607CBE56BA/sustainability-attracting-the-best-in-house-legal-talent"&gt;legal talent&lt;/a&gt; can be challenging, particularly for smaller firms which may struggle to match the salaries offered by Big Law. So how can smaller practices compete with their larger rivals to obtain the cream of the crop?&lt;/span&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;color:inherit;"&gt;&lt;/span&gt;&lt;/p&gt;&lt;h4&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;color:inherit;"&gt;&lt;/span&gt;The challenges small law firms face in competing for talent&lt;/h4&gt;&lt;p&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:var(--font-size-h4);font-weight:bold;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;&lt;/span&gt;&lt;span style="background-color:transparent;color:inherit;font-family:inherit;font-size:var(--font-size-h4);font-weight:bold;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;&lt;/span&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;Only around half of the firms we asked said they were &amp;ldquo;somewhat confident&amp;rdquo; about competing for &lt;a href="/legal/news/law-firm-considerations-in-attracting-retaining-talent" data-sf-ec-immutable=""&gt;talent &lt;/a&gt;over the next 24 months, with almost one in five expressing doubts about finding the right lawyers.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;&lt;/span&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;The challenge seems to be particularly acute in relation to attracting recently qualified lawyers, with one respondent providing the following analysis:&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="background-color:initial;font-size:inherit;font-family:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color:auto;"&gt;&lt;/span&gt;&lt;span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color style=""&gt;&lt;/span style="background-color:initial;font-family:inherit;font-size:inherit;text-align:inherit;text-transform:inherit;white-space:inherit;word-spacing:normal;caret-color&gt;&lt;/p&gt;&lt;/div&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/christina-wocintechchat-com-vzfgh3rapzm-unsplash.tmb-rssthumbna.jpg?sfvrsn=2e6ebcbc_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:42b3e8fe-0ceb-401a-9dea-63e008fa086a</guid><link>/blog/future-of-law/why-traditional-law-firms-don-t-need-to-worry-too-much-about-the-big-four</link><category>Future of Law</category><title>Do traditional law firms have a competitive edge over the big four?</title><description>Discover how traditional law firms can maintain their competitive edge against the Big Four using the importance of trust, specialised services, and technology.</description><pubDate>Wed, 27 Oct 2021 14:49:22 Z</pubDate><a10:content type="text">&lt;p&gt;There has been a lot of debate recently about the &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/how-big-law-can-take-on-the-big-four"&gt;Big Four &lt;/a&gt;accountancy firms (EY, KPMG, PwC and Deloitte) expanding into the legal services arena and threatening the position of more &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/what-are-traditional-law-firms-doing-to-attract-new-talent"&gt;traditional law firms&lt;/a&gt;. A &lt;a data-sf-ec-immutable="" href="/research-and-reports/big-4-report.html"&gt;new report from ½Û×ÓÊÓƵ&lt;/a&gt; assesses the competition posed by the Big Four, on the back of a growing cadre of alternative legal service providers (ALSPs), and how some of the incumbent firms are responding to the disruption.&lt;br&gt;&lt;/p&gt;&lt;p&gt;But despite the incursion of the Big Four and ALSPs, it seems that traditional firms are holding their own. &lt;a data-sf-ec-immutable="" href="https://www.thelawyer.com/inflation-figures-prove-the-value-of-a-good-lawyer/"&gt;The Lawyer&lt;/a&gt; recently reported that the average price of legal advice to UK businesses rose by 4% over 2020. In comparison, there was no rise in the fees charged by accountants and a reduction in management consultancy fees over the same period. The conclusion of the article was that: &amp;ldquo;&lt;em&gt;In a crisis, businesses will always turn to their lawyers first and their consultants second.&lt;/em&gt;&amp;rdquo;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Why traditional law firms shouldn't fear the big four's expansion&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The fact that law firms have been able to charge more over the pandemic, whilst consultancies have been forced to reduce their fees, implies that traditional firms may have an advantage over the newer players in th&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/technology/featured-images/large-law-dont-worry-about-big-four.tmb-rssthumbna.jpg?sfvrsn=f7122c47_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:f5b370eb-18be-4d5e-8fa5-a78480376baa</guid><link>/blog/brexit/brexit-highlights-29-january-2021</link><category>Brexit</category><title>Brexit highlights—29 January 2021</title><description>These Brexit highlights bring you a summary of the latest Brexit news and legislation updates from across a range of ½Û×ÓÊÓƵ® practice areas, collated on 29 January 2021.</description><pubDate>Fri, 29 Jan 2021 00:00:00 Z</pubDate><a10:content type="text">&lt;p&gt;These Brexit highlights bring you a summary of the latest Brexit news and legislation updates from across a range of ½Û×ÓÊÓƵ&amp;reg; practice areas, collated on 29 January 2021.&lt;/p&gt;&lt;section&gt;&lt;h1&gt;General Brexit headlines&lt;/h1&gt;&lt;p&gt;This section contains key overarching Brexit news headlines.&lt;/p&gt;&lt;section&gt;&lt;h2&gt;Brexit Bulletin&amp;mdash;Cabinet Office briefing examines support needed for traders&lt;/h2&gt;&lt;p&gt;The Cabinet Office has published a release following a briefing with businesses to discuss continuing challenges that traders face and solutions to outstanding issues in light of the end of the Brexit transition period. The Chancellor of the Duchy of Lancaster, Michael Gove, held a meeting of the Brexit Business Taskforce on 28 January 2021 'to reaffirm the government&amp;rsquo;s commitment to help companies adjust to new trading rules with the EU'.&lt;/p&gt;&lt;p&gt;See:&amp;nbsp;&lt;a data-sf-ec-immutable="" href="https://www.lexisnexis.com/uk/lexispsl/publiclaw/document/412012/61WB-B7B3-GXFD-82T1/linkHandler.faces?psldocinfo=Brexit_highlights_29_January_2021&amp;amp;ps=null&amp;amp;bct=A&amp;amp;homeCsi=0&amp;amp;A=0.7998347227861339&amp;amp;urlEnc=ISO-8859-1&amp;amp;&amp;amp;remotekey1=DIGEST-CITATION(LNB%20News%2029/01/2021%2025)&amp;amp;remotekey2=All%20Subscribed%20Current%20Awareness%20Sources&amp;amp;dpsi=0S4D&amp;amp;cmd=f:exp&amp;amp;service=QUERY&amp;amp;origdpsi=0S4D" title="References to"&gt;LNB News 29/01/2021 25&lt;/a&gt;.&lt;/p&gt;&lt;/section&gt;&lt;section&gt;&lt;aside&gt;&lt;hr data-sf-ec-immutable=""&gt;&lt;/aside&gt;&lt;h2&gt;Brexit Bulletin&amp;mdash;ESC reports on the Northern Ireland Protocol and EU climate policy&lt;/h2&gt;&lt;p&gt;The European Scrutiny Committee (ESC) has published its 34th report on recent draft EU legislation and policy documents deposited in Parliament by the government. The ESC gauges the legal and political importance of each legislative proposal and, where appropriate, inquires further on its implications and/or recommends it for debate. Subjects identified as legally and/or politically important include EU financial support for regions and sectors impacted by the UK&amp;rsquo;s withdrawal, EU climate policy and how the EU electric vehicle battery Regulation will apply in Northern Ireland under the Northern Ireland Protocol to the Withdrawal Agreement.&lt;/p&gt;&lt;p&gt;See:&amp;nbsp;&lt;a href="https://www.lexisnexis.com/uk/lexispsl/publiclaw/document/412012/61WB-B7B3-GXFD-82T1/linkHandler.faces?psldocinfo=Brexit_highlights_29_January_2021&amp;amp;ps=null&amp;amp;bct=A&amp;amp;homeCsi=0&amp;amp;A=0.7998347227861339&amp;amp;urlEnc=ISO-8859-1&amp;amp;&amp;amp;remotekey1=DIGEST-CITATION(LNB%20News%2026/01/2021%2077)&amp;amp;remotekey2=All%20Subscribed%20Current%20Awareness%20Sources&amp;amp;dpsi=0S4D&amp;amp;cmd=f:exp&amp;amp;service=QUERY&amp;amp;origdpsi=0S4D" title="References to"&gt;LNB News 26/01/2021 77&lt;/a&gt;.&lt;/p&gt;&lt;/section&gt;&lt;section&gt;&lt;aside&gt;&lt;hr data-sf-ec-immutable=""&gt;&lt;/aside&gt;&lt;h2&gt;Brexit Bulletin&amp;mdash;EFRA launches urgent inquiry into border delays for meat and fish exports&lt;/h2&gt;&lt;p&gt;The Environment,&amp;nbsp;Food&amp;nbsp;and&amp;nbsp;Rural&amp;nbsp;Affairs (EFRA)&amp;nbsp;Committee has launched an urgent inquiry into border delays for meat and fish exports since 1 January 2021. The inquiry will explore how the government can support meat and fish exporters, long and short term action plans for exports to the EU, and scrutinise the government's immediate response to disruptions over the past month. The EFRA Committee is also asking questions relating to UK preparedness for checking food imports from the EU and what lessons have &lt;/p&gt;&lt;/section&gt;&lt;/section&gt;</a10:content><media:content url="/blog/images/default-source/the-future-of-law/brexit-highlights-image.tmb-rssthumbna.png?sfvrsn=4350944d_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:872cb025-3f62-4463-bcb2-e245eeae3847</guid><link>/blog/future-of-law/why-is-advancing-the-rule-of-law-so-important</link><category>Future of Law</category><title>How does advancing the rule of law protect our rights and freedoms?</title><description>Uncover why advancing the rule of law is vital for a fair and thriving society. Learn how ½Û×ÓÊÓƵ leads this mission and explore meaningful ways businesses can get involved to drive real change.</description><pubDate>Fri, 21 Feb 2020 10:42:46 Z</pubDate><a10:content type="text">&lt;p&gt;Have you ever considered your &lt;a href="/blog/dispute-resolution/supreme-court-human-rights-litigation-costs" data-sf-ec-immutable=""&gt;human rights&lt;/a&gt;? The Universal Declaration of Human Rights outlines our various rights under the law, the most basic being:&lt;/p&gt;&lt;blockquote&gt;&amp;ldquo;We are all equal before the law.&amp;rdquo;&lt;/blockquote&gt;&lt;p&gt;But, is this really the case?&lt;/p&gt;&lt;p&gt;Across the globe this very basic human right, and many others are being challenged. ½Û×ÓÊÓƵ &lt;a data-sf-ec-immutable="" href="https://rolfoundation.org/"&gt;Rule of Law foundation&lt;/a&gt; identified that 57% of the world&amp;rsquo;s population lives outside the umbrella protection of the rule of law. This equals roughly five billion people who are struggling for basic human rights on a daily basis.&lt;/p&gt;&lt;p&gt;As advancers of the &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/what-is-the-rule-of-law"&gt;rule of law&lt;/a&gt;, ½Û×ÓÊÓƵ&amp;rsquo; mission is to reduce this number down to zero. &lt;/p&gt;&lt;p&gt;This mission was recently recognised by the United Nations, seeing Mike Walsh, CEO of ½Û×ÓÊÓƵ Legal &amp;amp; Professional, receive a Global Leadership Award from the United Nations Foundation in recognition of the company&amp;rsquo;s contributions to advancing the rule of law globally.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Core principles and global importance of the rule of law&lt;/strong&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;The rule of law is the foundation for the development of peaceful, prosperous societies and global equality.&lt;/p&gt;&lt;p&gt;In 1885 Professor A V Dicey broken the concept down into three sections:&lt;/p&gt;&lt;ul&gt;&lt;li&gt;no man could be lawfully interfered or punished by the authorities except for breaches of law established in the ordinary manner before the courts of land&lt;/li&gt;&lt;li&gt;no man is above the law and everyone, whatever his condition or rank is, is subject to the ordinary laws of the land&lt;/li&gt;&lt;li&gt;the result of the ordinary law of the land is constitution&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;½Û×ÓÊÓƵ has followed suit with its own definitio&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/default-images/istock-1180187740.tmb-rssthumbna.jpg?sfvrsn=cb7b420c_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:229d90d7-e7b7-49fb-995a-9289e0f24d4f</guid><link>/blog/future-of-law/why-law-firms-are-still-reluctant-to-adopt-technology</link><category>Future of Law</category><title>What are the top challenges holding law firms back from embracing technology innovations?</title><description>Explore the hesitations of law firms in embracing technology, from concerns over costs to the impact on client relationships.</description><pubDate>Tue, 07 Jun 2016 01:30:12 Z</pubDate><a10:content type="text">&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Lawyers struggle to grasp what true technology adoption means&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;One
 of the recurring themes running through all of our ½Û×ÓÊÓƵ reports this year is the growing importance of &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/technology-the-law"&gt;technology&lt;/a&gt;. The vast majority of lawyers we&amp;rsquo;ve interviewed agreed that they &amp;ldquo;must&amp;rdquo; invest in and adopt new technology to
    survive the next five years.&lt;/p&gt;&lt;p&gt;But, according to the latest &lt;em&gt;&lt;a href="/bellwether/assets/pdfs/Lexis-nexis-report-2016_interactive%20version03.pdf" data-sf-ec-immutable=""&gt;Bellwether Report; The Riddle of Perception,&lt;/a&gt; &lt;/em&gt;it seems many lawyers are still reluctant to use it throughout the business. And a whopping 87% of firms don&amp;rsquo;t see the advantages of using artificial intelligence tools
    to inform their decisions at all.&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;So what&amp;rsquo;s the problem? Why if we&amp;rsquo;re agreed that &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/how-to-grow-your-law-firm"&gt;law firms&lt;/a&gt; won&amp;rsquo;t survive without investment in technology are so many lawyers still not adopting these powerful new tools?&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Why many lawyers settle for outdated practices&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The report suggests that it&amp;rsquo;s because most lawyers have a tendency to believe their own practice is better equipped than others to confront technology challenges. That it&amp;rsquo;s simply a matter of seeing what they want to see.&lt;/p&gt;&lt;p&gt;It also suggests that lawyers are not always clear about what it means to adopt new technology. Some think that simply having a website and social media account is embracing technology, while others are looking at technology solutions throughout the business,
    driving efficiency of client servicing, adopting Bespoke Precedents and Calculators, Drafting and Proof-reading tools, &lt;a href="/products/lexis-plus-practical-guidance.html#:~:text=checklists%2c%20calculators%20and%20flow%2dcharts,legal%20work%20and%20ensure%20accuracy.&amp;amp;text=clear%2c%20up%2dto%2ddate,with%20q href="/"&gt;&lt;/a href="/products/lexis-plus-practical-guidance.html#:~:text=checklists%2c%20calculators%20and%20flow%2dcharts,legal%20work%20and%20ensure%20accuracy.&amp;amp;text=clear%2c%20up%2dto%2ddate,with%20q&gt;&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/loan-ranger/glenn-carstens-peters-npxxwgq33zq-unsplashd36ce267-b471-4461-a5b1-1bfc50bc49c1.tmb-rssthumbna.jpg?sfvrsn=b7729c9a_1" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><guid isPermaLink="false">urn:uuid:5fff2347-7860-4705-9872-3909ba56512c</guid><link>/blog/future-of-law/large-law-firms-ponzi-schemes</link><category>Future of Law</category><title>Is the traditional law firm model a ponzi scheme?</title><description>Uncover the shocking parallels between large law firms and Ponzi schemes in our insightful blog. Stay informed on the legal landscape and learn how to safeguard your practice from potential pitfalls.</description><pubDate>Tue, 16 Jul 2013 09:17:57 Z</pubDate><a10:content type="text">&lt;p&gt;By &lt;a href="http://lexislegalintelligence.co.uk/intelligence/blawg/nick-jarrett-kerr/" data-sf-ec-immutable=""&gt;Nick Jarrett-Kerr&lt;/a&gt;&lt;/p&gt;&lt;p&gt;The traditional large &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/law-firms-think-like-a-business-first-a-law-firm-second"&gt;law firm&lt;/a&gt; model has often been likened by its detractors to a Ponzi Scheme &amp;ndash; a giant pyramid structure in which those at the top of the pile benefit unfairly from the hard work of the &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]989FB383-18F1-4B05-860D-C7607CBE56BA/key-skills-junior-lawyers-need-to-succeed"&gt;junior lawyers&lt;/a&gt; who are building up from the bottom.&lt;/p&gt;&lt;p&gt;Ponzi Schemes of course are fraudulent, and whilst the description unfairly applies to law firms given the emphasis on &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/5-key-steps-to-improve-your-regulatory-compliance"&gt;compliance&lt;/a&gt;&amp;nbsp;and &lt;a href="/blog/dispute-resolution/the-only-way-is-ethics" data-sf-ec-immutable=""&gt;ethics&lt;/a&gt;, there are elements of truth in it. The polite and more correct description for the large law firm &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/new-types-of-business-models-for-the-legal-profession"&gt;business model&lt;/a&gt; has included the word &amp;ldquo;leverage&amp;rdquo;. At the start of their careers, junior lawyers have traditionally worked their fingers to the bone in the hope that their efforts will be rewarded in future years and that one day they in turn will benefit from the endeavours of lawyers more junior than them.&lt;/p&gt;&lt;p&gt;This model relies on three essential features, all of which are under challenge now. The first is that the model can only work if law firms grow at a sufficient rate to allow career progression and for the leverage structure to be rebuilt under each promoted partner as he or she moves up the pyramid. Hence a firm with a leverage ratio of five &lt;a href="[f669d9a7-009d-4d83-ddaa-000000000002]7B419546-9BE7-4547-B040-49D402C6565E/how-to-be-a-more-productive-lawyer"&gt;lawyers&lt;/a&gt; for every partner essentially needs to continue to grow at the rate of five lawyers for every young lawyer that it adds to its partner comple&lt;/p&gt;</a10:content><media:content url="/blog/images/default-source/the-future-of-law/featured-images/sa-1019-028-925x286(wetransferprovided)11.tmb-rssthumbna.jpg?sfvrsn=fc11e213_2" width="300" height="300" xmlns:media="http://search.yahoo.com/mrss"></media:content></item><item><description /></item><item><description /></item><item><description /></item><item><description /></item><item><description /></item><item><description /></item></channel></rss>