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The Legaco Express for Paralegals
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Issue 12, Vol. 2, December 2012
Law firms and major corporations that have implemented balanced hours programs have benefited from increased productivity, improved staff retention and client loyalty, and higher bottom-line profits.
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With big law firms threatened and even going out of business, the overuse of compensation guarantees afforded to partners and senior associates is increasingly under the microscope, as illustrated by Dewey's case. And so are the models for paralegal compensation.
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  • Does your practice offer flexible work time arrangements? Respond here.
Legal knowledge is what can differentiate one firm from its competitors. The same is true for legal departments. Acquiring, updating, and accessing knowledge is a critical skill-set required for containing legal risk exposure and legal costs.
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A recent, comprehensive study showed that employees want managers who treat them fairly, respect them as individuals, and show care and concern for them. On the contrary, manager who did not trust their employees were remembered as the worst bosses.
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This update is not intended to provide legal advice in any way, but solely to highlight matters of interest for members of the paralegal profession.