The legal profession is always changing and evolving. New laws, practices, and strategies must be developed to stay competitive. While it can be difficult to keep up, staying open to the possibilities and focusing on what’s important is key. For many law firms, that means embracing new ways of practicing such as working with alternative legal service providers (ALSPs), finding cost effective solutions and offering legal services in non-traditional settings. This practice area is known as new law.
A new law is a legislation passed by Congress that creates or amends an existing law. Congressional processes for creating new laws involve extensive input from elected representatives, reflecting democratic principles of representation and accountability. The process also provides opportunities for members to shape public policy and adapt to the needs of society. New laws can be the result of significant events or social movements, such as civil rights advancements or economic crises. The creation of a new law may also involve numerous steps, including legislative drafting and committee review, floor debate, and voting. This process can be highly partisan or bipartisan, which can impact the final outcome of the legislation.
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With the legal world changing faster than ever before, it’s crucial for lawyers to stay on top of their game. Whether it’s developing new strategies to win business, or navigating regulatory changes, new law is essential for keeping up. This week on Legal Speak, Foley & Lardner’s Jen Patton and Leigh Riley discuss how they’re using new law to help their firm succeed.