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Showing posts with the label law practice

HOW SHOULD LEGAL SERVICE PROVIDERS ADJUST TO SURVIVE COVID-19?

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The Coronavirus is a human problem that continues to affect a large portion of the planet's people and businesses. This is a look at how this pandemic is impacting the legal service industry and some recommendations to improve the operational and business aspects. As of today, economic activities have almost halted globally. This is due to the precautionary measures taken by countries to contain the viral outbreak. We earlier assessed the impact in 10 industries to show a clearer picture of how this outbreak is affecting the world of business. It is important to have a plan of action prepared; even more crucial is the need to have planned for a period such as this. A few months before the global pandemic hit, we published the need for law firms to commoditise their services to easily sell certain services to the markets/clients that need them. This was part of the content for a Social Media Week Lagos panel session moderated by our Lead Consultant Ali Afegbua. This...

‘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