Walker Clark WorldView
Is your law firm prepared for a Canada-US tariff war?
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- Written by Sarah Max
- Published: 28 January 2025
China is not the only country the Trump administration has in its tariff crosshairs. President Trump has already announced that we can expect to see a 25% tariff placed on all goods imported into the US from Canada, as early as February of this year. Why has Canada drawn this attention from the Trump administration? How can you support your clients that might be impacted by these new tariffs against Canada?
How could Trump Administration trade policy with China affect law firms and their clients?
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- Written by Sarah Max
- Published: 24 January 2025
Sarah Max continues her discussion of the financial implications of a second Trump administration. In this post, she unpacks some of Trump’s economic policies with respect to China and how those impacts are expected to affect the international financial industry.
Great Power Competition and How to Manage It in the 21st Century
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- Written by Gerald J. Kirkpatrick
- Published: 24 January 2025
What are the implications that international geopolitical events have for law firms in the mid-2020s?
Guest contributor Gerald J. Kirkpatrick examines post-World-War-II diplomacy by the great powers and what its disruption or continuity might mean for the world in 2025 and beyond.
This is part of an ongoing series of informed commentaries on world events and the risks and opportunities they might present to law firms everywhere and their clients.
What impacts should law firms expect from proposed Trump Administration tax policies?
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- Written by Sarah Max
- Published: 17 January 2025
This is the second of a series of articles about how the demand for legal services might change over the next two years under the Trump Administration. This article focuses on the effects of proposed changes to taxation.
What should law firms (and their clients) anticipate from the incoming Trump Administration?
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- Written by Sarah Max
- Published: 16 January 2025
With an impending administration change in the U.S. on January 20, 2025, many of our clients and professional friend have asked us the same question: What will the second Trump administration mean for my firm?
This is the first of a series of articles about how the demand for legal services might change over the next two years.
the antidote to fear
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- Written by Norman Clark
- Published: 02 January 2025
Ralph Waldo Emerson once said, "Knowledge is the antidote to fear."
Well, maybe fear might be a bit of an exaggeration.
However, in recent confidential discussions with law firm leaders around the world, I have noticed a very interesting apprehension that seems to be emerging as they consider the business prospects for their firm in for the next two to five years.
There is a recognition that the long-term economic vision should be optimistic, built in part on the robust recovery from the COVID-19 pandemic and also some well-aimed investments by governments in areas such as the improvements in infrastructure that many of the mature economies will need to take full advantage of new growth opportunities. At the same time, this optimism is counterbalanced -- in some instances, outweighed -- by a pessimism about how short-term economic and geopolitical issues could destabilize progress and even, in some instances, have long-term negative consequences.
How then, can a law firm navigate through the strategic fears about the rest of the decade -- even the rest of 2025 -- with a reasonable degree of confidence?
"But it's not my job..."
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- Written by Norman Clark
- Published: 28 July 2024
...or is it?
The inability to answer this question can be costing your law firm significant losses in terms of efficiency, operating expenses, morale, and lost opportunities.
3 advantages that small law firms have in the competition to recruit and retain the best legal talent
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- Written by Norman Clark
- Published: 23 July 2024
The post-pandemic era of the mid-2020s has emphasized three things that small law firms must -- and can -- do to to attract and retain top legal talent.
Establishing a Risk-Management Program for AI in Law Firms
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- Written by Norman Clark
- Published: 18 April 2024
How can your law firm's risk management programs keep up with the ethical and practical challenges of artificial intelligence? Here is a "quick start" outline.
