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Corporate Counsel

Tech Feast:  November Lineup of LexisNexis Legal Tech Webinars

November Lineup of LexisNexis Legal Tech Webinars

As the US celebrates a day of thanks this month with the traditional feast, we’ve put together a healthy list of webinars across small law, large law and corporate counsel segments. It’s a different type of feast, an information feast, and one that one won’t leave you feeling lethargic.  Second helpings, in the form of recordings, are usually sent out ... Read More »

Key Metric: The Current Law Firm Billing Rates by Practice Area

Current Law Firm Billing Rates-small

Billing rates in some practice areas are growing faster than others, according to the most recent CounselLink® Enterprise Legal Management Trends report, published last week. The latest report – a mid-year update based on data ending June 30, 2015 – identified “IP-Patent” and “Regulatory and Compliance” as two practice areas where billing rates have risen. As the full report says, ... Read More »

Infographic: Law Firm Panels and Legal Industry Scorecard

Infographic Law Firm Panels and Legal Industry Scorecard

Even as the largest law firms raise billing rates, corporate counsel continues to consolidate law firm panels. The most recent CounselLink® Enterprise Legal Management Trends Report found “55% of companies in the data pool have 10 firms or fewer accounting for at least 80% of outside counsel fees.”  As the infographic, and 2015 Mid-Year Scorecard, nearby show, law firm consolidation ... Read More »

Legal Spend Trends:  Big Law Billing Rates Rising

Legal Spend Trends Big Law Rates Rising-header

A new legal spending trends report finds big law billing rates grew notably – pushing a 6% increase in the gap between the top two tiers of law firms, by attorney headcount, from 38% to 44%. Median partner rates at the “Largest 50” law firms – those with more than 750 lawyers – rose to $711 per hour, based on ... Read More »

Infographic:  Litigation Market to Thaw in 2016

Infographic Litigation Market to Thaw in 2016 says BTI Consulting-header

Market research firm BTI Consulting forecasts a “thaw” in litigation spending in 2016 and anticipates overall spending to increase for the first time next year since 2011. The firm recently published an infographic which coincides with the BTI Litigation Outlook 2016 report.  It also summarizes key findings in a snapshot with a post titled 6 Trends Shaping Litigation in 2016. ... Read More »

Can you Answer these 10 Basic eDiscovery Questions?

10 Basic eDiscovery Questions

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. If you work in the litigation field, you’ve probably read articles, attended conference sessions, perused blogs and maybe even waded through entire books dedicated to educating you about the world of eDiscovery. Are you curious to see how much ... Read More »

Legal Tech Evolution: Discomfort and Lasting Relationships

Legal Tech Evolution Discomfort and Lasting Relationships

If law firms aren’t evolving at a suitable pace, then perhaps corporate counsel should engage in introspective thinking.  That’s according to D. Casey Flaherty, a former in-house counsel, turned consultant, who made a mark on the industry with the creation of the Legal Technology Audit. His commentary is timely given much of the conversation at the recent ILTA conference (ILTACON) ... Read More »

How to Outsource eDiscovery: The Three-Legged Stool

How to Outsource eDiscovery The Three-Legged Stool

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. We’ve written quite a bit in this space about the vexing question that many in-house legal departments have had to ask themselves: do we want to handle our eDiscovery workflow in-house or outsource it to a qualified service provider? ... Read More »

7 Exceptional Posts Contributed by Legal Experts

7 Exceptional Posts Contributed by Legal Experts

So far this year, we’ve published more than 200 blogs posts but just a handful of them have been contributed blog posts – and those contributed posts are exceptional. Below is a list of seven contributed posts – most of which were published over the summer and might have been missed – which we solicited from legal experts across the ... Read More »

Infographic: Balancing the Prospect for Litigation Cost Savings

Balancing the Prospect for Litigation Cost Savings

“There are some easy steps an organization can take to take to keep litigation costs down, but they just aren’t taking them,” wrote Corporate Counsel. The article focuses on one of the most interesting findings in a recent litigation cost survey focused on Property & Casualty insurance companies.   It’s a “balancing act” line of business where legal metrics, efficiency and ... Read More »