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Definitely Mabey: You may get paid on revenues but you spend profitsThis month’s column addresses the third “P” that today’s law firms need to tackle to ensure they are tomorrow’s law firms too. The January column addressed the need to have processes that ensure the efficient and effective delivery of legal services without which you could be out of step with clients’ needs. February’s dealt with the importance of having and sticking to a pricing strategy again without which you could be disengaging clients (unfortunately unknowingly).
NewLaw New Rules — A conversation about the future of the legal services industry by George Beaton, Beaton Capital, 2013, pp. 210.
NewLaw New Rules — A conversation about the future of the legal services industry by George Beaton, Beaton Capital, 2013, pp. 210.
NewLaw, New Rules — A conversation about the future of the legal services industry
, by its very nature, shows how much the practice of law has changed. It is dubbed “a conversation about the future of the legal services industry,” and while Australian consultant George Beaton is billed as the author, it’s really a collaboration between dozens of lawyers, professors, and analysts from around the English-speaking world (including several Canadians, most notably Jordan Furlong).
Careful crafting of buy-sell provisions avoids later disagreement over personal guaranteesShareholder, partnership, and joint-venture agreements invariably contain provisions that allow investors to disengage from one another if their relationship later turns sour.
There are too many competitive restraints in Toronto’s new proposals to regulate food trucks. (Photo: Jennifer Brown)
There are too many competitive restraints in Toronto’s new proposals to regulate food trucks. (Photo: Jennifer Brown)
In one of the more interesting local competition stories I’ve begun to follow, Toronto is proposing to liberalize the operation of food trucks in the city. According to a new City of Toronto staff report, rosily entitled “New Opportunities for Toronto’s Street Food Vendors,” the new food truck proposal is intended to provide “new opportunities for street food vendors across the City and more choices to the public for a diverse street food experience.”
Monday, 17 March 2014 08:00

Trial by Fire: Getting to the happy lawyer

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Trial by Fire: Getting to the happy lawyerI just enjoyed a thoroughly wonderful Sunday brunch with five friends, all of whom happen to be lawyers called to the bar sometime between 2011 and 2013. If I haven’t said it often enough in this column, I’ll say it again: having friends and colleagues with whom you can trade war stories is invaluable.
Monday, 10 March 2014 10:00

Be gone, good old yellow pad

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Be gone, good old yellow padEven in the midst of the paperless office trend, which has been slowly spreading in the legal profession over the last decade and really took off a few years ago, and really until only a few years ago, I used to carry my lovely leather-bound Day-Timer with me whenever I left the office. It had all my to-do lists, calendar, daily notes, and my sacred yellow legal pad.
Monday, 10 March 2014 08:00

No plan – no future

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No plan – no futureTaking even one hour to think about what legal services you want to provide, to whom, and how each party will benefit will give you a higher probability of achieving the success you desire.
Monday, 24 February 2014 10:51

Video: Making Rain - Channel your inner groundhog

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Video: Making Rain - Channel your inner groundhogIn this month’s episode of Making Rain, executive coach Debra Forman challenges you to focus your energies on specific efforts, balance expectations, follow through with appropriate execution, and earn your clients’ trust.
A thought from the 2nd-least affordable city in the world for housingLast year, my assistant of six years came into my office and said: “My husband and I are moving to Edmonton.” Even though they lived in a condo in suburban New Westminster (coincidentally, the “burb” where I live), and the commute is only 30 minutes on the Skytrain, she and her husband wanted a house with a yard.
Monday, 24 February 2014 08:00

Court of Appeal rights its own wrong

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Court of Appeal rights its own wrongIn a stunning reversal, a five-judge panel of the Ontario Court of Appeal reversed its decision in Sharma v. Timminco Ltd. where it just recently held that the three-year limitation period for bringing a statutory claim for misrepresentation in respect of shares trading in the secondary market could not be suspended until a court had granted leave to commence the claim.
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