New Law in Law Firms

law new

The law is a rapidly changing field and it is important for legal professionals to stay up to date on new practices, techniques and strategies that will help them maximize their revenue potential. One of these trends is called “New Law.” This is a term that is not always easy to define, but it generally refers to a practice area within a firm that uses innovative methods to benefit clients while also bringing in additional income. The practice area is overseen by a separate leadership than the standard partnership track and it utilizes a varied and non-traditional method of fee structures.

A law is an official rule that a country or society follows. It is created by a legislative body, such as Congress. New laws can be created in the form of bills or statutes. Bills are proposals that are formally introduced into either the House of Representatives or Senate. The bills are then researched, debated, changed and voted on. If a bill passes both chambers of Congress, it becomes a public law or act. A statute is an official written law passed by a legislature and signed by the President. It can also be created by a private group, such as a school board.

The New Year brought major changes to New York State laws. For example, the minimum wage rose to $16 per hour in NYC and Westchester, and $15 per hour across the rest of the state. Additionally, Gov. Kathy Hochul signed a number of bills to address housing and security issues, including “Matthew’s Law,” which makes it easier for victims of crime to access drug adulterant testing resources.

As laws, regulations and Children’s Bureau policies change, this page will be updated to reflect the latest information. This is a resource for advocates, service providers and the general public to find up-to-date information about federal policy and legislation. It is not a substitute for contacting your Children’s Bureau Regional Program Manager.