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IP Law

What are the big global trends that are creating massive opportunities in IP law practice today?

Money. Fame. International exposure. Working with movie stars. Helping entrepreneurs to build powerful brands and scientists to make their dreams come true. Rock and roll. IP law probably fascinates a lot of you already, but I suspect you have no idea how it is changing and what kind of monumental opportunities are shaping up in …

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Careers Featured Legal practice

What are gateway services and how can independent practitioners use them to onboard new clients faster?

One of the biggest problems that any young lawyer faces while starting up is getting their first client or initial clientele.  For instance, you may get a breakthrough when a client for whom you have done simple trademark registration work, comes back to you for a litigation case and you can successfully defend their claim …

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Featured Legal Career Legal practice

10 admin and procedural skills to learn to be a successful US paralegal from India

We will continue with our discussions around how to succeed as a freelance paralegal doing work for US clients while being in India. We already talked about global trends in IP law and new opportunities arising for lawyers, Part 1 and Part 2.  Here we talked about 3 kinds of clients with the most amount …

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Featured Legal Career Legal practice

Most common objections that independent practitioners face from their clients and how to handle them

What are the most common objections that a new client has while working with an independent lawyer? How can you deal with such objections effectively, maintain your pricing and secure the client’s mandate? Here are the most common objections of clients received from potential clients, with the implications for your practice, as you hear the …

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Blockchain Legal Career

How blockchain is set to transform a lawyer’s world

Unless one has slept through the past two decades, it is unlikely to not have come across the term ‘blockchain’. Primarily known for powering cryptocurrencies like Bitcoin and Etherium, the World Economic Forum promises that this new contraption is “pulling us into a new era of openness, decentralisation and global inclusion”.  It features among the …

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Legal Career Legal practice

How you are sabotaging your practice and why you fail to retain new clients

Over the past few days, I have been writing about how the legal services market has changed in the last 20 years, and 5 unconventional skill-sets that independent practitioners must develop to survive.  Today, I will discuss 5 most common beliefs that are self-sabotaging and prevent us from generating or retaining new clients. #1 – …

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Independent legal practice Legal Career

How and when to move from a law firm or an in-house counsel job to independent practice

Most common queries, answered What is the right time to shift to independent practice if I am working in a law firm or as an in-house counsel, or as a junior to a senior litigator? What are the advantages of having worked earlier in a law firm or a company that I can leverage for …

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Careers Legal practice Skills development

5 unconventional skills outside LLB syllabus that any independent practitioner or small law firm owner must learn to survive

What are the skills that an independent practitioner must learn?  You are not merely responsible for performing the tasks that your senior delegated to you, or for ensuring that you deliver a great quality of service to the clients of your senior or law firm.  As an independent practitioner, or someone who builds a small …

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Featured

Complexity, risk, thrill, money

“Everybody is trying to explain the situation in their own fashion. And so much has come, that if I read all the news, then I also will get confused as to what all has happened”. That is Harshad Mehta speaking. About the stock market scam of 1992. In his interview here. We’re in 2020, and …

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Featured

What has changed in the legal services market over the last 20 years? Learn about the 3 stereotypes that prevent independent practitioners from achieving maximum growth

The decision to start independent practice is a brave one. It is also filled with numerous fears and insecurities.  How will I find my first client? How can I consistently generate new clients? Why will clients trust me?   Is it really possible for me to compete with law firms?  Can I build a highly profitable …

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Featured

Top 10 skills you need to become a competition lawyer

Introduction When two or three companies undergo any form of merger, acquisition or amalgamation, they are essentially joining forces in terms of monetary and physical resources. Their collaboration will definitely bring in operational and strategic efficiencies. Therefore, their collaboration needs to be tested upon the market realities of the sector in which they operate. The …