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Showing posts with the label innovation

5 Reasons Why Your Business Development Strategies Fail

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Every professional service provider needs to deploy strategies at different levels for their organisational growth, yet some still fail even with the most impressive plans in place. In our experience working with professional service providers, we have identified some common reasons why the deployment of good business strategies may fail for certain organisations. Here are five of the most common for law firms.

LEGAL TECHNOLOGY AND THE RISE OF THE SMART LAWYER

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The traditionally conservative legal market can be likened by software developers to a juicy ripe fruit, ready for the eating. When it comes to Legal Technology, law firms in Nigeria and many countries around the world had been slow to evolve, mostly due to the need to carry on with the familiar. This is an attempt to assert a continued control over existing processes, but technology doesn't care about that need, as we have experienced an increased level of disruption gripping the legal space in recent years.  According to Wikipedia; Legal technology traditionally referred to the application of technology and software to help law firms with practice management, document storage, billing, accounting and electronic discovery. Since 2011, Legal Tech has evolved to be associated more with technology startups disrupting the practice of law by giving people access to online software that reduces or in some cases eliminates the need to co...

‘INNOVATE OR DIE’ – THE FUTURE OF LAW PRACTICE IN NIGERIA.

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By Ali Afegbua One recurring theme that came up a lot at the just concluded NBA-SBL Business Law Conference in Lagos, was the impending disruption to come in the legal services sector. Some law firms are already rising to occasion and implementing new business models, that have enhanced the way they communicate and do business with their clients; adopting a hands-on approach to meeting the client ’ s business needs, brandishing specialised knowledge in unique practice areas, digital marketing proficiency and providing easier access to legal services in cyberspace. The changing face of legal practice isn ’ t a new phenomenon, many countries around the world, especially the USA have gone through variations