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HAVANA (Reuters) - Thousands of small and medium-sized Cuban businesses will be allowed to incorporate in the coming months, in one of the most important economic reforms taken by the island's Communist government since it nationalized all enterprises in the 1960s. FILE PHOTO - A farmer is seen h...


Detroit's small and nonprofit organizations have a new resource that can help them deal with the COVID-19 pandemic. Miller Canfield, a law firm, and Michigan Community Resources, a non-profit organization, announced Wednesday that they have teamed up with Lawyers for Good Government Foundation...


Small businesses face a variety of obstacles to their growth. From changing market conditions to the increasingly digital marketplace, the average small business owner can be forgiven for feeling overwhelmed. A rarely discussed obstacle is the quality of talent that small businesses hire. In 20...


Small and midsize companies need lawyers too Trevor Faure examines the way large corporate clients approach their legal needs. He also discusses ways they could rethink how they purchase legal services. There are good reasons to focus on clients with the largest budgets and the most sophisticated...


Small businesses have been hit hard by the current pandemic that is sweeping the globe. But, thanks to the $2 trillion stimulus bill signed into law last week we are on our way to getting help. The first step was passing the measure. Now small businesses need to figure out how to actually access t...


When starting or growing a business , it's tempting to cut costs by tackling projects yourself. When it comes to legal matters, a DIY approach works sometimes, but it can be risky. Online legal services offer do-it-yourself options and lawyer access at far lower costs than traditional law fir...


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I've written previously about lessons that can be learned from business professionals tasked with leading law firms toward a more profitable future. These professionals bring fresh perspectives and different ideas to the business of law, helping the law firms they serve to find new and innovative...


A contract dispute, a lawsuit from a customer, an employee filing an ADA complaint -- these are a few of the legal issues you could face as a small business owner. There are also the routine issues, such as forming an LLC or putting together commercial leases. One way or another there will be time...


"Now was the perfect time to do this," Slonosky says. We realized that many small businesses, arts organizations, and start-ups were in dire straits due to the pandemic. They probably need assistance. Many of them likely can't afford legal services. We said, okay folks, if you are in this category,...


Richard Susskind, Neville Eisenberg and others examine the potential effects of vertical integration in corporate legal firms. "Full-scale vertical integration in law as a business model and in operational terms," they write, "can be regarded as transformative, unlike much of the current work on i...


LPM can start with one lawyer working on a single matter. LPM does not have to be a firm-wide initiative. Many lawyers have taken LPM online and live courses to improve service delivery to clients and reduce write-offs. Part 6 of our series is the last. We asked speakers from the LPM Glob...


September 7, 2021 -- Change is the law in life. Those who only look at the past or the future are sure to miss the future. -- John F. Kennedy Client service in Big Law was already becoming more competitive, at all levels, even before the pandemic. For those who are seeking to seize the initiative a...


Small and medium-sized businesses also need lawyers. Trevor Faure examines the way large corporate clients approach their legal needs. He also discusses ways they could rethink how they purchase legal services. There are many reasons to target clients with large budgets and highly skilled in-h...


A California State Bar group is divided over whether to limit a test of new legal service delivery models to organizations that serve low-income residents or broaden the experiment to a wide range of businesses. "There appeared to be support" for restricting participation to organizations that...


I've written previously about the lessons that business professionals can learn by looking at law firms that want to increase their profitability. These professionals bring new perspectives and unique ideas to business law and help law firms to find innovative ways to run their operations. Sma...


If you make a purchase through our affiliate links, we may earn money. Learn more. It is estimated that 90% of startups fail. This cynical attitude has been a feature of the startup ecosystem for a long time. Businesses that are just starting to take off can fail because of poor cash flo...


Our Methodology for Choosing the Best Online Legal Service Company We needed a reliable system to filter out poor services before we could make our decision about which companies should be included on our exclusive list. We have developed a unique method to assess each candidate ba...


Mid-April 2020, when Covid was destroying the U.S. economy and coal producer Ramaco Resources from Lexington, Ky. turned to taxpayers to help. According to a company filing, it received $8.44 Million under the Paycheck Protection Program. This is one of the largest loans authorized by the CARES...


Legal support services aid small businesses with keeping their assets protected. At different stages of a business's life cycle, business owners need legal support. Interview law firms to choose one that will be the right fit for your business and has experience in your niche. Types of lega...


Ari Kaplan spoke recently with Oliver Round, managing attorney, product owner for contract management, and co-head, legal data management, advisory, at BNY Mellon. Ari Kaplan Tell us your story and the roles you have played at BNY Mellon. Oliver Round: I am an attorney focused on c...