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<blockquote data-quote="Daniel Boden" data-source="post: 30794" data-attributes="member: 487"><p>So, off the top of my head these are a few things that spring to mind:</p><p></p><p>Political - potential impact of the US/China trade war and Brexit on law firms</p><p></p><p>Economic - can't really get away from COVID-19, so how law firms are being forced to adjust their practices/help clients, how counter-cyclical practice areas are now very busy and others may be a little quiet so that could impact lateral hires/hiring etc.</p><p></p><p>Social-Cultural - what firms are doing for BAME equality and for social justice given the BLM movement that is in the public eye at the moment e.g. corporate donations, training on unconscious bias etc.</p><p></p><p>Technological - given the rise of remote working due to COVID-19, what are firms and clients doing to make this transition as smooth as possible? What products are they using to allow the transition to work effectively e.g. Zoom, Microsoft Teams etc.? How are firms using AI/legal tech to speed up processes?</p><p></p><p>Legal - fairly self-explanatory in the world of commercial law but I imagine Brexit would apply again here: are there any legal changes which could impact on clients when the UK leaves the EU? Are there any regulatory changes that affect clients and, if so, how do these changes affect them?</p><p></p><p>Environmental - Clean energy is incredibly relevant as you say; renewables are now very high on the agenda as is ESG investing for many firms - what initiatives are firms taking to be as green as possible? Perhaps reducing the number of face-to-face meetings that require executives to fly constantly across the world?</p><p></p><p>That's what I've got just thinking aloud. I'm sure other people have good suggestions so please comment them below <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Daniel Boden, post: 30794, member: 487"] So, off the top of my head these are a few things that spring to mind: Political - potential impact of the US/China trade war and Brexit on law firms Economic - can't really get away from COVID-19, so how law firms are being forced to adjust their practices/help clients, how counter-cyclical practice areas are now very busy and others may be a little quiet so that could impact lateral hires/hiring etc. Social-Cultural - what firms are doing for BAME equality and for social justice given the BLM movement that is in the public eye at the moment e.g. corporate donations, training on unconscious bias etc. Technological - given the rise of remote working due to COVID-19, what are firms and clients doing to make this transition as smooth as possible? What products are they using to allow the transition to work effectively e.g. Zoom, Microsoft Teams etc.? How are firms using AI/legal tech to speed up processes? Legal - fairly self-explanatory in the world of commercial law but I imagine Brexit would apply again here: are there any legal changes which could impact on clients when the UK leaves the EU? Are there any regulatory changes that affect clients and, if so, how do these changes affect them? Environmental - Clean energy is incredibly relevant as you say; renewables are now very high on the agenda as is ESG investing for many firms - what initiatives are firms taking to be as green as possible? Perhaps reducing the number of face-to-face meetings that require executives to fly constantly across the world? That's what I've got just thinking aloud. I'm sure other people have good suggestions so please comment them below :) [/QUOTE]
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