Law firms would do well to identify the “why” of their practices in order to attract and keep young lawyers, argues Daniel Lo
Today, technological competency is an ideal addition to a lawyer’s skillset, says Daniel Lo
Whether you decide to go in-house at the junior end of your legal career is a calculated and personal decision. I was fortunate to have experienced private practice and in-house roles as a junior lawyer. Each has its own benefits and will require different skillsets to do well.
It has been a decade since the world experienced what is considered the worst economic disaster since the Great Depression. Since then, the global economy has been slow to recover, not helped by the 2014 oil crisis, the rise of populist politics and trade wars. There are now warning signs that we are headed towards another recession, as early as next year. Millennials, are you ready?
There are a few things I have learned along the way that I would like to share and hopefully will help other lawyers looking to make a similar international journey.
By now, you may have been following the saga of the mega-disaster music festival that defrauded investors by the millions, stranded hundreds of festival-goers on a Bahamian island and culminated in the imprisonment of the 27-year-old founder and CEO, Billy McFarland.
Most of us probably fell short of where we wanted to be. This year do yourself a favour and adopt a resolution of building a stronger personal brand. This is one resolution that I continually build on. You should too.
I am not saying that a personality test can solve all your concerns. However, it may allow you to understand how to react and adjust to different situations and people based on your personality.
With the disruption of technology and the competitive legal industry demanding more of its ranks, a lawyer today, more than ever, needs to be a jack of all trades, a technology guru, all while providing business and risk advice.
It was only three years ago that I donned my legal gown for the first time. I knew that being called was only the start of my development as a lawyer and understood that many of the most useful lessons will be learned on the job.