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Snapshots: Evolution in Corporate Legal Maturity

Snapshots Evolution in Corporate Legal Maturity

About a 100 corporate legal professionals participated in a panel discussion that centered on maturing legal operations at the annual 2015 annual LexisNexis CounselLink customer conference. In some ways, listening to the session was like being a fly on the wall as attendees and panelists discussed objectives and programs unique to respective industries, including financial services, communications and biotechnology. Here are three ... Read More »

8 LexisNexis Tech Webinars or Events for July

9 LexisNexis Tech Webinars or Events for July

There are a number of events coming up in the next thirty days, although one of them will occur on the last day of June rather than in July.  We’ve made it easy for the witness to spot which one in this line up:  its number #1 and coincidentally the subject of that event is a top priority for many law ... Read More »

Infographic:  Billable Hours Gained with Practice Management

Infographic Money Saved and Earned with Law Firm Practice Management-header

Eight extra hours a month is just one of the benefits law firms can achieve with practice management technology. That translates to 12 days a year or just about two weeks. How that time translates to a return on investment, depends on what an attorney does with it. If the time is used for billable work, Blue Hill Research estimates ... Read More »

4 Telltale Signs Your Small Law Firm Has Outgrown its Software

4 Telltale Signs Your Small Law Firm Has Outgrown its Software

“One poor guy,” a legal administrator was spending six hours a day, twice a week running compensation reports for partners.  That amounts to 12 hours a week, or nearly 50 hours per month, where a survey of small law firms suggests most firms spend eight hours a week on the entire billing process, let alone running a single report. When ... Read More »

6 Questions and Answers: Big Views on Big Law Tech

6 Questions and Answers Big Views on Big Law Tech

For the better part of a decade, Matt Thompson has worked with large law firms to implement sizable technology projects in support of smarter business development – and has a wealth of tech experience beyond it. Today his role centers on leading a Client Success Team Program and we managed to get a hold of him in-between client conference calls ... Read More »

Basics and Best Practices for Litigation Presentation Software

Basics and Best Practices for Litigation Presentation Software

From big data to the “Black Swan” event, there are several underlying factors driving change in eDiscovery.  This offers both a challenge and an opportunity. On one hand, 67% of law firms in the Am Law 200 reported an increase in workload around eDiscovery and litigation according to research conducted by consulting firm The Cowen Group.  On the other hand, ... Read More »

History and Origin of the Billable Hour

History and Origin of the Billable Hour

The billable hour is a persistent topic, arguably because it’s so central to the business of law and indeed the larger business community. While there is strong case to suggest alternative fee arrangements (AFAs) have sustainable traction there’s also evidence that significant current trends in legal pricing are based in some part on the billable hour. The billable hour persists, as ... Read More »

Friday Share: eyeWitness to Atrocities

eyeWitness to Atrocities

Earlier this month, the International Bar Association (IBA) released a mobile phone app – eyeWitness to Atrocities – for “documenting and reporting human rights atrocities in a secure and verifiable way so the information can be used as evidence in a court of law.” The intent of the project is to help solve a sizable legal gap amid the growing ... Read More »

4 Easy Tips for Law Firm Client Team Programs

4 Easy Tips for Law Firm Client Team Programs

Most law firms – some 80% have client team programs, but just 39% of firms say these teams are “successful” according to Bryan Austin a law firm client advisor with the LexisNexis® InterAction® group. The data comes from a range of market research sources including surveys and interviews conducted with the InterAction client base.  Upwards of 90% of the Am ... Read More »

Case Study: Art and Science for the Corporate Legal Department

Art and Science for the Corporate Legal Department

Driving efficiency often requires change management – and change management “is really about people.” That’s according to VMware® VP and Deputy General Counsel Aine Lyons for Worldwide Legal Operations, as described by the Association for Corporate Counsel (ACC) in a case study about the ACC Value Challenge awards:  Scaling, Streamlining, and Succeeding:  Transforming Legal Services to Support the Corporate Vision. ... Read More »