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 Question

As you probably know, representatives of the American Lawyers Company travel the world, attending various shows, conferences, and association meetings where we speak with many interesting and knowledgeable people. Based on what we hear, it seems that the most relevant issues in our collection business are the extension of credit, government regulations and their legal consequences, and compliance issues which are the result of the economic pressures that have continued to impact the world economy since 2008. What do YOU think are the most pressing issues facing our industry today? I would sincerely like to hear your thoughts, ideas and opinions through our LinkedIn Discussion Group, The ALQ Forum.

Thomas W. Hamilton




 Industry Articles and Information


Buy, lease — or move to cloud computing?
PCWorld
So should you lease new hardware, forgoing boxed software? Or try the new cloud computing solutions that are being touted as the next big thing? We'll look into a variety of options for your business and let you know which ones will save you money, and which could potentially cost you big.
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Law firms, legal departments need to think more about recruiting and retaining top talent
Inside Counsel
In fact, a recent survey from Robert Half Legal showed that the job market for recent law school graduates may be improving. About 32 percent of lawyers interviewed by Robert Half Legal said their company or law firm plans to up hiring of entry-level associates in the next 12 months. On the other hand, 5 percent of lawyers plan to decrease hiring, and 60 percent said hiring activity will be at the same level. Still, Charles Volkert, executive director of Robert Half Legal, noted that the legal job market has not yet returned to pre-recession levels.
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The creditor increases his chances of collecting by following certain rules
Howard Goodman, Esquire
The creditor with a claim increases his chances of collecting on the claim if he follows certain routine procedures. A debtor is less inclined to assert a bogus defense and more inclined to pay the claim if the debtor knows that the creditor's claim can be proved with certainty. A Judge or jury is more inclined to award a judgment to a creditor who dots his "i's" and crosses his "t's" before and after the transaction.
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The private investigator who spies using drones
BBC
Aerial vehicles are the latest tool for private detectives – but for how long?
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IACC'S new initiatives and website help members educate others about the commercial collection industry
International Association of Commercial Collectors
The International Association of Commercial Collectors (IACC) has launched a series of communication initiatives aimed at helping its members market themselves while also raising awareness that IACC membership denotes adherence to high ethical and professional standards.
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Dems warn GOP budget would 'dismantle' consumer agency
Washington Examiner
Sen. Elizabeth Warren, D-Mass, left, joined by Sen. Al Franklin, D-Minnesota, center, and Sen. Jeff... The Senate Republican budget would "dismantle" the Consumer Financial Protection Bureau, a group of Democrats warned.
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 Thought of the Day

The expert at anything was once a beginner.


What our clients have to say:
Once my firm became listed with ALQ, the response was immediate and impressive. In addition to the new clients, ALQ made a real difference in promoting the firm on a national level. ALQ remains the benchmark for law lists in the areas of service and quality claims.

— Todd Hancock, Esq., Prochaska Quinn & Ferraro P.C., Nashville, Tennessee

Millennium Collections has utilized the American Lawyers Quarterly law list almost exclusively since our formation in 1997. We have found the attorneys listed in ALQ to be knowledgeable and capable in the field of creditors’ rights, and their representation of our clients’ interests to be more than adequate. The service provided by ALQ is exceptional, and they have always been responsive to all of our needs. We unqualifiedly recommend ALQ to forwarders seeking a solution to their legal requirements.

— Jonathan Rose, President, Millennium Collections Corporation, Vero Beach, Florida


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Thomas W. Hamilton, Executive Vice President, ALQ
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