The legal profession is one that is constantly evolving. Firms that wish to keep their client base and generate revenue must stay on the lookout for new ideas at every turn. One of those ideas is called “law new.” While it may not be easy to define, it’s clear that it’s a concept that deserves close attention from any firm that wishes to maximize its potential.
Law new typically refers to a field of practice that offers a unique form of legal services. Often, it involves using new technology and embracing a different approach to fee structures. It can also mean working with underserved communities and creating strategies that are not traditionally part of standard practice.
A well thought out plan that makes use of this idea can help a firm offer the kind of legal help some clients need without impacting other areas of practice that might be the primary focus for the firm. As such, this is an area that deserves serious consideration from any legal firm that wishes to explore it.