Monthly PMA Newsletter

Dear ,

The Virginia Bar Association's Practice Management Advisor newsletter is a monthly publication available to all Virginia lawyers. Feel free to share it with your colleagues and on your social media platforms. See the links at the bottom of this email.

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PREPAREDNESS

The oops of AI

Statistics show that lawyers are experimenting with artificial intelligence programs such as ChatGPT. Jeff Schoenberger, senior consultant with Affinity Consulting, our partner in the VBA Practice Management Advisor program, warns that the program, while useful for generating a first draft, still needs a good editor. And don’t necessarily trust - but definitely verify - ChatGPT’s case citations. (Affinity Consulting)

The oops of AI article in the PMA library will be publicly available for one month.

Articles in the VBA Practice Management Advisor library generally are accessible to VBA members only, although VBA Articles and Useful Links remain publicly available year-round. Join the VBA in 2024 and unlock your keys to an improved practice!

Find this month's article and more tips on the Manage a Practice>Technology page under Advice.

READ THE OOPS OF AI

MANAGEMENT

HR & PERSONNEL

The new world is here

for the legal industry —

are you ready or not?

Thomson Reuters just published its 2024 Report on the State of the U.S. Legal Market. The report details “tectonic shifts” in the profession, brought by changes leftover from the pandemic to the new technological opportunities and challenges. For veteran lawyers, the watchword is this: “Get comfortable with the uncomfortable.” (Thomson Reuters)

Survey reveals lawyers' perspectives on

law firm culture

A just-released survey on law firm culture, conducted by Major, Lindsey & Africa, finds a strong desire for mentorship and training at law firms. JDJournal reports that transparency over pay and major firm decisions ranks high as well. The survey also found a noticeable divide between partners and associates over issues of work-life balance. (JDJournal)

MARKETING

Top 10 legal marketing trends in 2024

Law firm marketing this year will introduce new technologies such as artificial intelligence, while continuing to rely on strategies such as content marketing and data analytics, according to Law Quill, an outfit touting that it provides “law firm marketing by lawyers for lawyers.” (Law Quill)

TECHNOLOGY

Survey results predict legal technology trends for 2024

It will come as no surprise that an overriding tech trend for 2024 will be the use of artificial intelligence in law practice, according to a survey from U.S. Legal Support. Finding new ways to employ AI will be the story. Look for more remote depositions and digital reporting, JD Supra reports. (JD Supra)

The next free quarterly Zoom webinar from the Practice Management Advisor program will be from noon to 1 p.m. March 27. Watch the VBA calendar for details when we get closer to the event date.

VBA Practice Management Advisor, a service of The Virginia Bar Association

www.vba.org | 804-644-0041 | thevba@vba.org

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