Knowledge Bank
The ALPMA Knowledge Bank contains articles to help you manage your law firm or legal department, including legal industry case studies, articles, presentations, white papers and product/service information from ALPMA partners, speakers, members and industry experts. Items showing the padlock symbol are secured for ALPMA members-only (who need to login to view these items), while many articles are freely available for the broader legal community.
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Digitisation of the Property Transaction Ecosystem
Benjamin Balk, Amanda Baker, Gina Assimakis & Ann Wooten
Cybersecurity threats and why you should care?
In the early days, Hackers were largely motivated by recognition within their peer-group circles—generally by making a splash in the mainstream press. As such, impacts tended to be highly visible and disruptive in a short term. Since the early noughties however, malware has been focused much more heavily on becoming a profit centre for the creators.
Nina Christian
Seemingly every week, a new cloud delivery service pops up, offering something bigger and bett‚er than the one before.
This is our world. We will have various providers throughout the course of life and business. It’s a multi-service landscape, but with so much choice, you need to choose a service provider that’s right for the time and place you’re at with your business.
Read more here: You know it's time to move
Making your workplace millennial-ready
Nina Christian
We have a unique multi-generational business environment happening today, with workplace values being pulled in different directions. Baby Boomers are still holding most senior ranks and Generation X are squeezed in the middle. Yet according to the Deloitte Millennial Survey, in just 10 years, by 2025, millennials will make up an estimated 75% of the global workforce. This will inevitably change the status quo of numerous industries and disrupt the way organisations think about work.
Continue reading here: Making your workplace millennial-ready
How DaaS Solves the BYOD Security Nightmares in Professional Service Firms
Nina Christian
It’s called BYOD (Bring Your Own Device), and it’s rapidly changing the way professional service firms in Australia and around the world operate on a day-to-day basis. IT, work practices, and client relationships are all being reshaped by BYOD — as is security.
Risk Culture and the Great Legal Services Provider
Karen Lee
Culture, or simply “the way we do things around here”, is an important ingredient in a legal practice’s success as a great professional services provider. With this in mind, clearly we need to make sure we have the right culture in place as part of our grand plan.
Limit your Annual Leave Liability
Outstanding annual leave balances are a significant financial liability to any balance sheet. The longer employees go without taking holidays, the greater the risk to a company’s cash flow in the long term. Implementing strategies to regularly reduce annual leave balances can be difficult for SMEs that operate with a lean corporate structure and have limited internal resources.
The rise and rise of electronic discovery and review
Martin Flavell
Sifting through huge volumes of data to locate the relevant documents or records is one of the biggest challenges facing the industry today. Mobile devices such as iPads and smartphones have also disrupted the eDiscov- ery industry by creating multiple touchpoints through which information is accessed, collected and stored.
When it comes to litigation and disputes, urgency is paramount. As deadlines tighten and data proliferates, this will only get worse.
So what can you and your internal and external clients do to get on top of eDiscovery and deliver better outcomes, faster and with less resources?
Norton Rose in Australia has a compelling case to argue. It is one of the largest international legal practices in Australia with of ces across Sydney, Melbourne, Brisbane, Perth and Canberra. Its range of legal expertise is vast, ranging from nance to energy, infrastructure, mining and commodities, transport, technology, pharmaceuticals and more. According to Andrew Kets, National Service Desk Manager at Norton Rose in Australia, the rm is not just committed to excellence in legal services, but has also set ambitious goals for itself in other areas, such as corporate social responsibility.
The Australian legal sector generates nearly $20bn of revenue, spread across more than 18,000 individual businesses, and over 80 percent of this revenue is generated outside of the “top-tier” firms.
It is often portrayed as an industry underpinned by tradition and history and less affected by technological changes than most others. However, globalisation and national consolidation has increased competitive pressures and squeezed margins. This, combined with a challenging economic environment, has resulted in a wave of effciency and modernisation sweeping across the sector.
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