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LexisNexis Adds New Software Execs in Raleigh; Seeks Two More  

LexisNexis Adds Two New Software Execs in Raleigh

The LexisNexis software division added two new executives to the leadership team and it is looking to add two more VPs – along with the some 70 positions currently open. As an announcement published to PRWeb this morning noted: Mark Huebeler has joined the software division as the unit’s chief financial officer (CFO) and Alex Withers joined as vice president of Marketing. The ... Read More »

Why the Billable Hour Persists

Why the Billable Hour Persists

The UK-based Legal Futures published a story today with an eye catching headline that we’ve observed making some rounds in industry newsletters and social media: Exclusive: in-house lawyers complain about firms failing to offer pricing options. The story is based on survey of 50 large law firms and 40 in-house legal teams which found: The vast majority, 93%, of law ... Read More »

Friday Share:  LexisNexis Software and a Sign of the Times

LexisNexis Raleigh NC

While we completed the office relocation to NC State’s Centennial Campus last summer, just yesterday we got our sign.  Literally…we got a big sign on our new building, as the photo nearby illustrates. To commemorate the occasion, we’re forgoing legal infographics and YouTube videos that are normally found in the Friday Share series for a humble brag today.  And we’ll ... Read More »

What Size is the Addressable US Legal Market?

how big is the US legal market

We know the legal market is large but just how large, is largely dependent, on the parameters in use. In the US, the venerable BTI Consulting puts that number at more than $100 billion.  Richard Granat, in a presentation about the latent market for legal services, says it’s roughly $145 billion.  In an article on his Legal Transformation Institute website ... Read More »

Law Firm Bill Rates Rising?  Update on Key Legal Spend Metrics

Enterprise Legal Management Trends Webinar-header

Are law firm bill rates rising?  The data suggests they are but, there’s a caveat, which we detail below in a brief summary of the latest CounselLink Enterprise Legal Management Trends report. It is important to note that this data is not based on survey information but rather based on actual invoices.  It is derived from nearly $17 billion in ... Read More »

10 Takeaways from the Shelton Leadership Forum

Culture Leadership Tips from an NC State Conference

One of the benefits of relocating the LexisNexis software division on NC State’s Centennial Campus is the access the university provides to a wealth of resources.   One of those resources is the Shelton Leadership Center which advocates the importance of “values-based leadership development for corporations, educational institutions, community agencies and public officials.” The center, which bears the namesake of General ... Read More »

Happy Holidays from LexisNexis

Happy Holidays from LexisNexis

In this, our final post of the year, we are sending out a big “thank you” note for the opportunity to engage with you on these pages. We hope you have an enjoyable holiday and look forward to engaging you in 2015.   If you enjoyed this post, you might also like: 25-Plus Predictions for the Legal Industry in 2015  Read More »

Law Blog Lessons and the Best of #BusinessofLaw for 2014

Law Blog Lessons and the Best of #BusinessofLaw for 2014

Readers of this blog seem prefer posts about two things: law firm billing metrics and industry studies. At least that’s our assessment of the top 10 posts for 2014. The following are the most read blog posts from the year, with two exceptions. If a post already appeared in either of our previous two year-end roundup posts – one on ... Read More »

Top 10 Legal Infographics of 2014

Top 10 Legal Infographics of 2014

Fridays have been fun on the Business of Law Blog because we usually look to publish something on the “sharable” side as part of our Friday Share series. We’ve experimented with a range of shareable content including videos from YouTube, presentations from SlideShare, Hollywood previews, sometimes heady, but entirely fascinating, position papers from Scribd and of course, our favorite, legal ... Read More »

A Handy Reference Guide to 6 Legal Industry Studies

A Handy Reference Guide to 6 Legal Industry Studies

Regular readers know we spend a lot of time reviewing and writing about legal industry studies on these pages.  Perusing these pages will show we published more than 30 individual posts in 2014 – about both qualitative and quantitative research. Some of this research stems from projects we developed – others are derived from projects from across the industry, including ... Read More »