How New Law Is Changing the Way Law Firms Do Business

In a profession that’s constantly evolving, finding ways to keep your business relevant is a priority for any legal professional. That’s why many law firms are turning to the concept of “new law.” It’s a term that isn’t easy to define, but generally it refers to the idea of offering new forms of legal help that can benefit clients in innovative ways.

For example, a client may need a lawyer to help them navigate the complexities of a divorce. This might require a lawyer to help the client establish assets and custody, or it could involve a more creative approach like a mediation or arbitration. This is where a law firm’s expertise in the latest legal trends can come into play.

Another area where new law has emerged is in the use of technology to offer legal services. This has allowed attorneys to work more quickly and efficiently, helping their clients get the help they need. It’s also a way for lawyers to expand their reach, serving clients who would otherwise be out of their depth.

While the use of new law techniques can be complex, it’s one that all legal professionals should look at as a way to better serve their clients and their businesses. It’s a way of bringing in revenue and boosting customer satisfaction that might not be possible through traditional legal practices alone.

Garrett Ordower, a former partner at Wachtell Lipton Rosen & Katz, is a leading advocate of this new form of practice. He spoke to Bloomberg Law about the importance of new law and how it’s changing the way legal firms do business.

The lawmaking process in Congress involves a number of steps before a bill becomes a law. Learn how a law is introduced, what happens in committee and then what happens when the bill goes to the House of Representatives or the Senate.

New York City Council Bills and Rules

This section contains legislation passed by the City Council in the 2023 legislative session and other new laws and rules adopted by NYC agencies, including DCWP. For other laws passed by the City, please visit Laws of the City of New York (Public Access Portal), New York City Council Legislation website and NYC Rules.

A new law will help protect consumers from medicine price-gouging during a shortage, while others will curb predatory subscription services and provide tenants with additional protections against security issues. A bill will prevent NYCHA buildings from requiring tenants to sign contracts that include automatic renewals, and will ensure that those hired to examine water quality samples are following all applicable federal and state laws.

Another new law will allow victims of crime to apply for victim compensation funds more quickly. A new law will also require private companies that experience a data breach to disclose the information to affected persons, and will align city privacy laws with those of the state. Finally, a new law will require hospitals, health care providers and certified ambulances to report medical debt to credit agencies only in certain circumstances.