According to the American Express 2019 State of Women-Owned Businesses Report, businesses owned by women have grown by 21% since 2014, while all businesses increased by only 9%. However, a study by Crunchbase found that only 2.3% of venture capital funding went to women-led startups in 2020. This number fell from 2.8% of funding in 2019. In terms of dollars, their study showed that female-founded companies received $4.9 billion in funding in 2020, which is a 27% decrease from 2019.
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Cyber attacks on law firms are more common than ever. How can we protect our data, attorneys, and clients?
In today’s digital world, all types of organizations are vulnerable to cyber attacks. However, law firms are seeing increased frequencies of cyber attacks, especially during the pandemic. Due to the nature of their work, law firms collect tons of confidential information and data that makes them an attractive target for an attacker. They often balance several projects for one client, and have many attorneys working on different client matters at the same time. Most of their business is done over
In our current world of constantly being busy, it’s easy for our organizational skills to slip. After all, if you’re getting the work done, does it matter that you have a messy desk? Keeping your practice organized is one of the best ways to stay efficient and avoid feeling overwhelmed – which in turn helps you produce the best work for your clients, and also respect yourself and your mental wellbeing. Below are the three biggest organizational mistakes that most
Minority business enterprises (MBEs) 101: What qualifies as one, how to get certified, and why they’re important
Entrepreneurship is necessary for our economy. According to the Minority Business Development Agency, 15% of businesses in the United States were startups in the late 1970s. That number has dropped to only 8% in recent years. The National Minority Supplier Development Council (NMSDC) states that 50% of the U.S. population will be made up of minorities by 2050. Minority business enterprises (MBEs) have generated over $400 billion, created and preserved 2.2 million jobs, and contributed $49 billion in local, state,