The legal profession is a field that constantly evolves. Firms that focus solely on traditional legal services may find themselves behind the curve as new trends emerge. Fortunately, those that remain open to changes can take advantage of them for their benefit. One of the fastest-growing areas of law is what’s known as “law new.”
The term can be difficult to define, but it generally refers to a broad range of strategies and methods that allow lawyers to serve clients in unique ways. It can include working with clients in different geographic areas, utilizing different technologies or creating innovative fee structures.
In addition to the traditional practice of law, this term can also include legal services aimed at helping disadvantaged populations. This type of work often requires a deeper level of understanding and collaboration between attorneys. It can be a great way to expand the reach of a legal firm while boosting its reputation.
For example, a law new strategy might include working closely with a community-based organization to help its members with a variety of issues. This might involve providing advice about immigration matters or dealing with complex real estate situations. The goal is to offer these individuals the type of help they need without impacting other types of clientele that a law firm might normally serve.
Several major changes took effect in New York this year, including raising the minimum wage to $16 per hour in NYC and $15 per hour across the state. Other highlights of the legislative year include a new law aimed at decreasing the chances of drug overdoses by making it easier for local pharmacies and health care providers to provide fentanyl testing supplies. It’s called Matthew’s Law and was named after a young man who died of an accidental fentanyl overdose in 2020.
Another bill aims to improve data privacy by requiring City agencies to disclose any breach of personal information involving a person’s private identifying information. This would be similar to the requirements under New York’s SHIELD Act, and is meant to be more consistent with State laws.
Law new is a concept that all legal firms should consider exploring. It can be a useful tool for expanding the reach of a firm while at the same time generating a different source of income. A well-thought-out plan incorporating these methods could result in enormous growth for a legal practice. It’s a path worth exploring because it can offer all of the benefits of traditional practice while providing access to clients that might otherwise be unavailable.