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Part 500, One Year Later (Part Two) – Defining “Material Compliance”

Debevoise Data Blog

In this Part Two, we look at what constitutes “material compliance” under Part 500, which has been a key focus area for covered entities as they work to align company practices to Part 500’s new requirements and prepare for their April 2025 certification of material compliance with Part 500 for calendar year 2024.

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SimpleLegal’s event management: Reducing risk, one event at a time

Simple Legal

In the deadline-driven landscape of legal proceedings, staying on top of critical dates and events isn’t just a luxury, it’s an absolute necessity. Failure to manage these events effectively can lead to severe consequences such as case dismissal, attorney sanctions, and even lawsuits.

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How Our Contract Lifecycle Management Platform Can Help Ease the Stress of Work During Stressful Times

Bigfork Tech

How Our Contract Lifecycle Management Platform Can Help Ease the Stress of Work During Stressful Times Life can feel overwhelming at times. Whether it’s personal challenges, global events, or the constant stream of news, it’s easy to feel like stress is constantly coming at you.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

The dilemma is this: you want to track your hours accurately, but you don’t want to have to put in extra work for it. It can seem overwhelming to have to jot down every minute of client time, but, alas, if you don’t, you’ll be in an even bigger hole. Automatic time tracking improves your firm’s profitability.

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The Importance of Legal Docketing for Law Firms Explained

Clio

As legal professionals know, any missed deadline or event could sink a legal matter—not to mention the legal practice that makes the mistake. Legal docketing is the tracking and management of deadlines and events related to legal work. What is legal docketing? How does docketing work? What is a legal docketing system?

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NYDFS Part 500, One Year Later (Part One) – New Requirements Effective November 1, 2024

Debevoise Data Blog

In Part One of this two-part Debevoise Data Blog post, we go over the new cybersecurity requirements coming into effect in November and provide a few practical considerations that covered entities may want to consider as they evaluate their Part 500 compliance.

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Effortless, Specialized Trust Accounting with CosmoLex

Lawyerist

Many accountants and bookkeepers themselves don’t know the IOLTA-specific concepts and compliance requirements. In the same way that law practice management software (LPMS) understands the concept of a “matter” ( i.e. , contacts plus appointments plus documents, time entries, expenses, notes, etc.)