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READER RESPONSE
Do you agree or disagree with the slant of any of our articles? Or, did one of them just get you thinking?
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ASK THE EXPERTS
Do you have a question or challenge you'd like the Lumen Legal experts to address? Please , and we'd be happy to help you plan your strategy. |
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| The legal industry is changing around us.
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Dear Candidate for Contract Work,
Growing
concerns over the economy seem to be affecting every nook and cranny of
business--including the business of law. In this issue of Legal Career Insight we investigate some of the ramifications of the declining economy, and what they can mean for your career.
First, read about the . Then, check out
--and the implications for legal professionals.
With all of this change in the air, we thought it appropriate to feature Ariane de Bonvoisin and her book Read the article to get her advice on dealing with change, and don't miss your chance to get a
We know
that finding great opportunities can be an overwhelming task. If you'd
like to partner with someone to help with your career, Lumen Legal is
here.
 Be sure to let me know if you have any comments, and please this newsletter to colleagues who may find it informative.
Regards,
David Galbenski, Esq.
President and CEO, Lumen Legal
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Legal Outsourcing Approved by American Bar Association
This
summer, the American Bar Association (ABA) delved into the debate over
legal outsourcing, issuing an advisory stating that the growing trend
of sending legal work offshore is "a salutary one for our globalized
economy." This is good news for an increasing number of legal process
outsourcing (LPO) companies. Meanwhile, attorneys in the U.S. feel
their trepidation grow as the market shifts towards cost-cutting on law
firm bills. "These corporations are under material cost pressures that
are driving the change," said Daniel Reed, CEO of UnitedLex Corp., an
Atlanta-based LPO firm," so it's forcing what's already occurred on
every other level--be it HR, accounting, supply chain--to the legal
market."
Read more about the ABA's decision.
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Law Department Staffing and Spending are Flattening -- or Dropping
Two
surveys -- the Altman Weil 2008 Chief Legal Officer (CLO) survey and
the Hildebrandt 2008 Law Department Survey -- report either a drop off
or a decline in legal spending. While tightening belts was firmly on
everyone's mind, 49 percent of the CLOs responding to the Altman Weil
survey said they plan to extend their in-house capabilities by hiring
additional lawyers in the next year, jumping from 40 percent last year.
Their motivation for recruiting: 26 percent of law departments plan to
decrease their use of outside counsel, a major bump from the 16 percent
who planned a decrease in last year's survey.
Find out more about the surveys.
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Disclosure Insight: Must-Have Information for Lawyers
At a time
when assessing risk is back in vogue on Wall Street, John P. Gavin
cannot help but feel happy. His firm, Disclosure Insight, provides risk
profiles of public companies by gathering and analyzing data on 100
different risk factors over a five-year period. "You'd be surprised how
many public companies are under investigation but don't disclose it,"
Gavin said. "No one has the data we have on undisclosed probes -- no
one but the SEC itself." Read about Disclosure Insight's free and paid
reports, and how this information can be an asset for attorneys.
Get access.
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Custom-Fit Solutions for Legal Staffing
As the
economy continues to falter, companies across the nation look for ways
to cut spending. For many law firms and legal departments, contract
lawyers are a financially smart staffing alternative. From contract
attorneys to paralegals and legal secretaries, Lumen Legal works with
clients to provide staffing when companies need it most. And when a
client requires an attorney with a lot of experience or specialized
expertise, The Platinum Partner Group (PPG) is a perfect fit. Read this
article to find out all about the PPG and how these experienced
attorneys may be able to solve your unique staffing problems.
Discover the PPG.
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The Law of Life: Mastering Change with Ariane de Bonvoisin
Whether
it's a new career, an upheaval in your industry, a divorce, a birth, a
marriage, a death--everyone experiences a long list of changes in their
lives. Ariane de Bonvoison did thousands of interviews with those she
deems "good at change" to formulate the nine principles of change that
structure her book, The First 30 Days: Your Guide to Any Change.
From advice on analyzing your beliefs about change and how you view the
world, to a discussion of how great minds throughout history have
thought about change, this book is sure to be a valuable resource.
Get good at change.
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