Web 2.0 - Leveraging New Media to Maximize Your Securities & Compliance Practice

On February 17, 2009, Securities Docket is sponsoring a webcast that will look at the numerous ways that securities and compliance counsel and professionals can now use web 2.0 to promote, market, and network themselves, their practices and their firms as never before.

Please join Bruce Carton, Editor of Securities Docket, and me for a webcast that will discuss the best new tools and strategies available to securities and compliance counsel and professionals, including:

• RSS;
• Social Media, such as Twitter, LinkedIn, and Facebook;
• Blogs;
• and much more.

To attend this webcast scheduled for February 17, at 2 pm Eastern, please sign up on the Securities Docket website.

Professionals and Web 2.0

CCH gathered some great information on "professionals" using Web 2.0: Professionals and Web 2.0 (.pdf).

They interviewed 229 professionals within organizations across the Asia-Pacific region. The report addresses the use of wikis, blogs, social networks, and RSS in Australia, New Zealand and Asia. The respondents consisted of professionals in tax & accounting, legal, HR and business. Most of them were employed by orgainzation with over 200 employees. the report indicates taht web 2.0 is becoming a way for you to start research and keep up with developments in your industry.

Web 2.0 is rapidly changing the landscape of professional information, with 43.7% of professionals using Web 2.0 tools at least once a week. While results show there is some reluctance for many organisations to adopt Web 2.0 before value can be established, a high percentage of ad-hoc use (at least 25.8%) is occurring due to the accessibility and functionality of the tools. This suggests Web 2.0 applications have gained a significant share of time spent online. We are increasingly using these tools to search, communicate and contribute to the web in both a personal and professional context.

Some highlights from the report:

• 33% of the respondents in the legal field said they used a wiki for professional purposes at least once a week.
• 35% of the respondents in the legal field use a blog for professional use at least once a week.
• 20% of the respondents in the legal field use a social network for professional use at least once a week.
  

Sure, you can look at the numbers and say that they have not reached early adoption. But, two years ago these numbers would probably be close to zero. I predict we will see these numbers crossing into the majority within two years.

Thanks to James Mullan of the Running Librarian for pointing out the report.