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A Study in Futility: Rising Legal Rates, Falling Realization

A Study in Futility Rising Legal Rates Falling Realization

According to a 2015 study published by The Managing Partner Forum, standard hourly rates for surveyed attorneys have continued to rise in recent years – even in light of difficult economic conditions – from an average of just over $375 at the beginning of 2008 to right around $450 at the beginning of 2014. From a law firm perspective, it ... Read More »

Infographic: Update to the Legal Industry Scorecard

A Legal Industry Scorecard

Twice a year the CounselLink team analyzes big data looking for trends in the legal market.  In addition to the macro legal spending trends – that is high-level findings in the Enterprise Legal Management Trends Report – published recently, the team also looks at a set of six key metrics. Those metrics are rendered in the form of a “scorecard” ... Read More »

Predictable: Law Firm’s Invoices Model Mobile Phone Billing Plans

Law Firm’s Invoices Model Mobile Phone Billing Plans

Attorneys can learn a thing or two about billing from an unlikely source, says Hans Gillinger, attorney and founder of the Law Offices of Hans. A. Gillinger, PLC. Mr. Gillinger, who represents families of children with special needs and learning disabilities in California, believes modeling legal bills after popular mobile phone plans that offer “roll over minutes” can be used ... Read More »

7 LexisNexis Software Webinars in June for Customers

4 LexisNexis Software Webinars in June for Customers

We’re kicking off the summer with a series of webinars designed for existing customer who are using the LexisNexis® Interaction® CRM system or our law firm practice management solutions. Here’s what the lineup looks like for June 2015: 1. Meet the InterAction Client Advisors On this webinar, three client advisors will share tips for digital marketing, law firm brand building, leveraging ... Read More »

5 Questions with a Small Law Attorney for Online Marketing

5 Questions with a Small Law Attorney for Online Marketing-header

Attorney Justin Kelsey started college as an engineer and finished with a law degree.  He next went to work for a law firm and about four years later, then hung out his own shingle. Today he runs a small practice – Skylark Law & Mediation, P.C. – located just outside of Boston.  The firm is modeled for agility, focuses on ... Read More »

In Honor of Memorial Day

In Honor of Memorial Day

In the U.S. many offices are close for a national holiday — Memorial Day. A long standing website dedicated to Memorial Day describes the history and origin this way: Memorial Day, originally called Decoration Day, is a day of remembrance for those who have died in service of the United States of America. Over two dozen cities and towns claim ... Read More »

Infographic: How $3 Billion is Spent in IP Litigation

thumnail-three-billion-IP-litigation

BTI Consulting estimated that corporate legal spending for IP litigation neared $3 billion dollars in 2014.  “The typical larger company is expecting 44 more substantive matters than 2013, with increases taking place across almost all major fronts,” according to an blog post by the consulting firm. How is that money being spent?  A new analysis by the CounselLink® team – ... Read More »

How Law Firms Can Successfully Implement a CRM System

How Law Firms Can Successfully Implement a CRM System

Note: the following is a guest post from Deborah Dobson In today’s competitive legal market, it is more important than ever to build strong relationships in order to create opportunities.  There are more law firms competing for less work, more work being done in-house and procurement entering the game.  While legal tends to lag behind in technology adoption, it is ... Read More »

Walmart AGC: Keys to “Insourcing” Early Case Assessment

Walmart AGC Identifies Keys to “Insourcing” Early Case Assessment

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. In the complex and costly world of litigation eDiscovery, the insource vs. outsource debate has been raging for the past decade. Does it make more sense for corporate clients to continue allowing their trusted outside counsel ... Read More »

Legal Spend Trend: Big Law Winning More IP Litigation Work

CounselLink-ELM-Trends-Litigation-market-share-bolb

A new edition of the CounselLink Enterprise Legal Management Trends Report finds the largest of law firms – those with 750 or more attorneys – are winning market share in highly competitive IP litigation work.  An announcement published online notes: The largest firms are winning a growing share of market in IP litigation – from 36% in 2011 to 61% ... Read More »