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Target Cuts Outside Firms With Diversity Lens, Legal Chief Says
Target Corp. plans to lower the number of outside law firms it uses and will examine efficiency, diversity, and risk tolerance in deciding which ones to cut, said Don Liu, the company’s chief legal and risk officer. The retailer has begun multi-rounds of evaluating firms on their understanding of Target values and ability to help navigate legal “murky waters,” among other characteristics, Liu said in an interview. Eventually, he said he hopes to have deeper relationships with the pared-down panel of firms. “A lot of lawyers tend to believe that the most conservative legal position is the best position—I don’t
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Emerging Legal Technology Forum 2021: Law firms need to leverage legal tech to stay competitive
Emerging legal technology dynamics brings along issues of managing risk, technology prioritization, and in-line evolutionary needs associated with these new technologies, all of which can greatly impact the pace and delivery of legal services today. This theme dominated the recent 2021 Emerging Legal Technology Forum, presented by Thomson Reuters Institute last week in Boston. Many panels explored common themes and imperatives essential to staying competitive in a dynamic legal technology industry, such as the use of AI in functions like contract development, automating workflows, and blockchain. Sessions also discussed legal tech service delivery, how project finances and priorities are
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Practice Innovations: Archangels of Innovation within law firms
Every law firm has them. Ambitious, innovative and tech-savvy young people with lots of good ideas on how to optimize the legal business with new delivery models and inventive new tools. These people are legal tech-evangelists, sending colleagues articles on legal innovation (like this one). They’ve also read a book or two about agile management, T-shaped people, and the shortcomings of waterfalls. Admittedly, they (or in this case, we) might be a little righteous, but they are on to something. The world is moving in their direction. I know, because I was one of them. I call them the
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Stein Mart buyer opens New York clothing firm’s only pop-up store at Town Center | Jax Daily Record | Jacksonville Daily Record
BCI Brands, which comprises women’s clothing lines that include Vince Camuto and Chaus, will move into the former Versona store space in The Markets at Town Center. The store is called NYC Sample Sale and is a one-of-a-kind for the New York City-based company, with prices up to 80% off. It opens July 8 for four months, although the sales volume might change that. Hours will be 11 a.m.-8 p.m. Wednesday through Saturday and noon-5 p.m. Sunday. “The customer is going to be able to come in here and essentially update her wardrobe for not a ton of money with
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