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Commentary

Legal Loop: Lawyers and technology competency: Louisiana weighs in

In 2019, lawyers have a duty to stay on top of changes in technology. This requirement first appeared in 2012 when the ABA amended the comments to Model Rule 1.1 to indicate that technology competence is a requirement for lawyers. ...

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Why now is the time for millennials, Gen Xers to buy a small business

When it comes to growing the economy, we often focus on job growth through starting a new business. However, there is also a lot to be said about job retention and growth through transitioning current businesses to the next generation. ...

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Your 401(k) just got more valuable

If your tax refund this year was disappointing, you may be able to do something about it: Contribute more to a retirement fund. Tax-deductible contributions to 401(k)s, IRAs and other retirement accounts are among the few remaining ways to reduce ...

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How to overcome common misconceptions about AI tools

We’ve found that there are three common misconceptions people face when onboarding an A.I. powered tool. I’ve detailed those misconceptions below — along with how we help customers overcome them. Regardless of what AI-based tool you’re onboarding, consider these tips ...

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Keeping Your Balance: The importance of oversight in small organizations

There was recently a story in my local paper about an individual allegedly stealing substantially all the funds from an organization that had been serving young athletes in the area for more than a decade. The organization was well-meaning and ...

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Make sure to show appreciation for your longtime team members

In the business world, there’s a well-known piece of advice that reminds us to pay attention to current clients even while we’re busy pursuing new ones. It’s often posed as a warning — “Don’t ignore your existing customers by focusing ...

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Gender pay gap persists among Big Law partners

It’s 2019 — and the gender pay gap between male and female lawyers remains a hot topic. High-profile lawsuits alleging pay inequality continue to be filed in federal and state courts across the country. A 2018 partner compensation survey conducted ...

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Business exit planning creates value to Boomers

Recent studies show that two-thirds of the current American business market is owned by Baby Boomers who are set to transition over the next decade. Further studies show that only 20 to 30 percent of businesses that go to market ...

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Effective dialogue with an attorney can accomplish much

The interaction between business people and lawyers can be productive or frustrating, depending on whether there is good communication and a shared understanding. Consider this conversation between a business manager (Murphy) and a lawyer (Landry): Murphy: We are developing a ...

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