Law new is a concept that every attorney and law firm should embrace and understand. It is a way of adding value to the practice that can also create significant revenue and client satisfaction. In a sense, it’s like adding a second branch to the practice, allowing the lawyers in the primary focus area of the business to work on other types of legal issues that are unique to their clients.
While the term “law new” can be hard to pin down, it’s generally understood to mean a non-traditional form of legal service that offers value in a specific way. It may involve working on an out-of-the-box transaction or a niche area of the law that the firm has determined is important to its clients. It can even include the use of technology in a non-traditional way.
The practice of law is a continually changing and evolving one, as many attorneys will attest. This is especially true when it comes to new laws, which can impact the entire legal industry. New laws can take the form of a new statute, a new rule or a change to existing practice.
Whether these changes are driven by consumer demand, technological advancements or social movement, they are an essential part of the legal landscape. As a result, law firms are constantly looking for new ways to meet their clients’ needs and provide them with valuable services.
As the year comes to a close, it’s a good time for everyone to take stock of the progress made in the fight against the gender pay gap and other issues that are affecting women, minorities, immigrants, workers in high-risk industries and more. This is an important opportunity to reflect on the steps that have been taken and to look ahead to the year ahead, as well.
Often, legal research begins with the question: What is the law on this? To answer this, a lawyer needs to go through several stages. First, the facts of the case must be ascertained. Then the relevant statutes, cases and decisions must be located to determine how courts have interpreted or applied those laws in similar situations. Finally, a lawyer must extract from those decisions and cases the principles, analogies and statements that will help him or her predict how a court is likely to rule on the facts of the present case.
In California, a new law takes effect on Jan. 1 that will eliminate the so-called “pink tax” on beauty products and other goods that are marketed to women but cost more than similar products marketed to men. This is the latest in a series of initiatives by Gov. Gavin Newsom to address the state’s glaring income inequality.