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Top 10 Business of Law Posts for Q1 2016

Top 10 Business of Law Posts for Q1 2016-small

In the first quarter of 2016 we published 69 blog posts. The chart nearby provides a breakout of the coverage we’ve developed here by category. The volume of coverage around litigation technology stems from our interest in the sector as LexisNexis consolidated litigation software into the legal software solutions division based in Raleigh. This consolidation happened a little more than ... Read More »

P&C Insurance Carriers Favor Flat Fees; Not All AFAs Apply

P&C Insurance Carriers Favor Flat Fees; Not All AFAs Apply

Property & Casualty (P&C) carrier legal and claims departments prefer using flat fee-based alternative fee arrangements (AFA) over any other type of alternative billing method, says a new survey, the third in a series conducted by the LexisNexis® CounselLink® team. Eighty-two percent of P&C carrier legal and claims departments say flat fee AFAs are most effective in terms of helping ... Read More »

Procurement to Play Bigger Role in High-End Legal Work

Procurement to Play Bigger Role in High-End Legal Work

“Legal delivery has gone from ‘In a relationship’ to ‘It’s complicated,’’ said Mark Cohen, founder and CEO of Legal Mosaic, during the Buying Legal Council Professional Sourcing and Management of Legal Services conference. Attorney, legal tech writer and CodeX Fellow, Monica Bay, recently reported Mr. Cohen’s insights for Above the Law. She noted procurement is about to play a bigger ... Read More »

4 Notable Legal Software Updates You Might have Missed

Updates to LexisNexis Business and Litigation Software

Over the last several month the legal software solutions division has released software enhancements to several product lines.  For those that missed it here’s an at-a-glance view of the most recent updates: 1. New eDiscovery platform goes GA Originally announced at the 2016 Legaltech NY tradeshow, the legal software solution division has rolled out the product for general availability (GA). ... Read More »

Study: AFAs Proliferate for P&C legal matters

Study AFAs Proliferate in P&C Claims and Law Departments

Alternative fee arrangements (AFAs) use is rising among property and casualty (P&C) insurance carrier legal and claims departments, according a new survey, the third such survey in a series, by the LexisNexis® CounselLink® team. The use of AFAs moved up from 69 percent in August 2015, to healthy 76.9 percent. In other words, nearly 80 percent of this segment of ... Read More »

5 Best Practices for Corporate Legal amid Globalization

5 Best Practices for Corporate Legal amid Globalization

Nearly 90 percent of companies are moving into new global territories, as we speak, according to Head of Legal Operations and Chief of Staff at Uber, Susan R. Packal. She expressed her ideas in a contributed piece for the ACC Docket, which was syndicated on the Hyperion Research website. In other words, corporate globalization is officially booming. “The evidence for ... Read More »

Spring Forward with 6 Legal Tech Webinars for April

Spring Forward with these 6 Legal Tech Webinars for April

Whether springing forward or falling back, those affected by changes for daylight savings are reminded twice a year the value of an hour.   To that end, we put a lot of effort into lining up webinar – that last about an hour – with high quality speakers and content. Below you can find our monthly legal tech roundup with webinars ... Read More »

Corporate Legal: Where the Magic is Happening

Corporate Legal Where the Magic is Happening

To tag on a famous marketing slogan – the corporate legal department today, is not the legal department our parents might have known.  With the swing of the in-house-outside counsel pendulum, legal departments have increasing support from the businesses – but also higher expectations to be strategic partners. Legal departments are more carefully selecting the work that comes in, and ... Read More »

5 Legal Spend Questions with Stuart Maue

Stuart Maue

That legal department budgets have faced increased scrutiny in the last several years isn’t new. However, how corporate legal has responded is usually interesting. The LexisNexis® CounselLink® business recently teamed up with St. Louis-based Stuart, Maue, Ltd., which provides outsourced legal bill review capabilities.  The CounselLink product is well-known for the strength of its automated bill review capabilities to review ... Read More »

10 Useful Corporate Legal Blog Posts

How Corporate Legal Can Predict a $1.3b Budget within $80k

Editor’s Note:  The original content published here has been removed and in place we offer you the following which proved popular with corporate legal and legal operations professionals.   1. Study Suggests 4 Corporate Legal Trends on the Rise Most legal departments are in the 3rd or 4th level along the legal operations maturity model.   It’s the “beginning of the middle” as D. Casey ... Read More »