Legal Industry

In some South East Asian countries, debt is on the rise. According to Moody’s Analytics, household debt-to-gross domestic product (GDP) ratios in Malaysia and Thailand are among the highest, followed by Vietnam and the Philippines. If you’re a law firm in this region, you’ll sometimes

Payment Plans Options: Does It Suit Your Law Firm? The cross-currents of world news have streamed at startling speeds in recent months, with climate change and war, making stock markets volatile and inflation soar. In some quarters, the latter issue prompted innovations in payment plans

Just how stressful is the life of a lawyer? A study by the Law Society Junior Lawyers Division (JLD) showed that 93.5% of respondents said they experienced stress in their role. A quarter of those experienced extreme levels of stress. Being a lawyer can be challenging. There

As of late, being a virtual lawyer is on the rise. Lawyers no longer need to work from traditional brick-and-mortar offices, thanks to changing habits living through the Covid-19 outbreak and rising public acceptance of virtual legal services. They can connect with clients, perform legal

Is there value in creating jobs and generating revenue (and hence taxes)? Yes, and more: it’s about fulfillment for everyone involved in the law firm. And that is why we need to focus more on bringing in revenue for law firms. As we phase into

Apparently, the cheque isn’t in the bank yet for many law firms. Payments can sometimes take up to 60 to 90 days before law firms see the money in the bank. Occasionally, these bills go unpaid for 120 days, and it becomes challenging to address