As legal firms look to expand their client base and generate new revenue streams, they must be open to new ideas at every turn. One idea that many firms are now exploring is law new, a form of practice that can be highly beneficial for clients and the firm.
The term “law new” can be hard to define, as it typically involves working with underserved communities or finding ways to provide legal services in new ways. However, it is an area that can help a company discover a source of income and grow, so it is an area that all companies should take a close look at to see how it may benefit them. When a bill is reported out of committee, it is called a committee report. A committee report describes the purpose and scope of the bill and explains why it is being recommended for approval. It includes a section-by-section analysis that sets forth precisely what the law is intended to accomplish. It also contains a list of all existing laws that are being repealed or replaced by the bill.