Sectors

Adapting to the Future: How the Legal Sector’s Embrace of Technology Transforms Practice Efficiency and Client Relations

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New York, NY – In its sixth annual Future Ready Lawyer report, Wolters Kluwer has offered deep insights into the technological evolution within the legal sector, highlighting a sharp turn in attitudes and preparedness over recent years. The latest survey delves into trends and the readiness of the industry to adopt modern technologies, building on data gathered from 700 legal professionals across the U.S. and Europe since its inaugural report in 2019. Originally, when the survey started, only a fraction of respondents, 69%, recognized the importance of selecting appropriate technologies for their practice. This could … Read more

Is Litigation Stifling Innovation? The Growing Impact of Abusive Lawsuits on Medical and Energy Sectors

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SAN FRANCISCO — Lawsuits leveled against major corporations are creating unintended consequences across various industries, potentially threatening innovation and cost-efficiency for consumers. Legal actions, especially those targeting big energy and medical technology firms, have been criticized for hampering progress on crucial societal challenges like climate change and public health. Experts argue that while the intent behind many of these lawsuits may be to seek justice, the reality often results in stifling the very innovation needed to solve large-scale problems. For instance, California Attorney General Rob Bonta recently launched a lawsuit with intentions to hold oil … Read more

Expert Warns: Legal Advertising Surge Demands Insurance Sector’s Focus

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WASHINGTON — In an era where television and online platforms are saturated with advertisements, one sector facing a significant impact is the insurance industry. Legal advertisements, particularly those targeting personal injury claims, are becoming increasingly aggressive, catching the attention of both consumers and industry experts. These ads, often promising large financial settlements, are not just influencing public perception; they’re reshaping the landscape of insurance claims and policy rates. An expert in the field has described this phenomenon as an “unceasing onslaught,” suggesting that the constant barrage of such advertisements could be influencing claimant behavior and … Read more

Samuel L. Tarry, Jr. Joins McGuireWoods, Enhances Legal Expertise in Key Industry Sectors

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Richmond, VA — Samuel L. Tarry, Jr., a prominent figure in legal circles, has spent a significant part of his storied career shaping both the legal and business landscapes through his position at McGuireWoods, a noteworthy law firm. At McGuireWoods, Tarry’s leadership and expertise have made a discernible impact, particularly in complex litigation matters which have implications well beyond their immediate legal contexts. Tarry’s approach to law is not just about solving problems for clients but also involves a proactive stance on shaping legal practices. Under his influence, McGuireWoods has spearheaded numerous initiatives aimed at … Read more