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Corporate Counsel

Infographic Friday: Billing Rates Up 4%, But So Are Discounts

law-firm-differentiation-means-rate-pressure

Note:  The following is a guest post by Larry Bodine; the infographic, as customary with our Friday Share series, follows below.  Law firm billing rates are up in all firm sizes – especially at “top of the market” megafirms – but then, so are discounts, according to a pair of influential surveys of the legal profession. Fees at megafims have ... Read More »

6 Emergent Trends from a Corporate Legal Department Conference

6 Emerging Trends from a Corporate Legal Department Conference

Bald Mountain stands in stark contrast to the gentle green foothills where Northern Virginia begins to cede terrain to the edges of the Blue Hill Mountain range.  With an elevation of about 770 feet, it provides a commanding view of the surrounding area. Examining trends in the legal industry from higher vantage point, as Toby Brown suggested, seems like sage ... Read More »

Good Counsel: Think, Act and Achieve like a Legal Visionary

Good Counsel Think Act and Achieve like a Legal Visionary

Groundhog Day.   It’s a day in February.  It’s the title of a movie. It has become cliché for reliving the same day over and over again. It may well be a fitting description for the legal industry.  This is the narrative presented by attorney, author and entrepreneur, David Galbenski, in a key note presentation during the 2014 LexisNexis CounselLink Annual ... Read More »

LexisNexis Business of Law Events and Webinars this Week

LexisNexis Business of Law Events and Webinars this Week

We’ve got a packed week full of events including a series of webinars and a customer conference.  Most of these events are intended for existing customers: Law firm CRM. A glimpse of what to expect in the roadmap for our CRM product. Practice management.  Free tips for our law firm practice management tools. Live blogging and tweeting.  We’ll be live ... Read More »

Corporate Endurance:  LexisNexis enlists for IRONMAN Raleigh

LexisNexis_IRONMAN-top

First, LexisNexis went back to school.  Now it’s supporting an extreme race of endurance. As the IRONMAN® 70.3® triathlon returns to Raleigh for the second straight year, LexisNexis has signed on as the event’s title sponsor.  However, it’s not just about sponsorship since 20+ LexisNexis employees form the North Carolina office are competing in the race. We made an official ... Read More »

Top 10 #BusinessofLaw Posts you Might have Missed in April

Business of Law

This blog is just about four months old, but we’ve been pleasantly surprised with the traction it’s gaining.  Just yesterday we published our first guest post, from Larry Bodine, and given the context here, it’s fitting his post was about corporate journalism. In April we published about 20 posts and from the top 10 list below, it’s easy to see ... Read More »

10 Authentic Tips for implementing AFAs in Legal Billing

10 Legitimate Tips for implementing AFAs in Legal Billing

The alternative fee arrangement or AFA, is one of those recurring trending topics in the legal industry.  It ebbs and flows with arguments on all sides – for, against and undecided. Just ahead of the American Lawyer big law rankings, an article in the Washington Post, which is cited below, made the rounds in news, blogs and social media. We ... Read More »

How One Legal Department is Doing More with Less

How One Legal Department is Doing More with Less

How does a three person IP legal department go from using 200 outside law firms to just 30 in six months, while saving the company nearly $100K annually in legal costs? No, it’s not magic. Rather, it is the result of embracing innovation and finding new ways to add value to the company. That’s exactly what Pennsylvania-based Kennametal’s legal team ... Read More »

Legal Tech Briefs: Future of Corporate Counsel with Dave Galbenski

Legal Tech Briefs Future of Corporate Counsel with Dave Galbenski

Twenty years from now the acronym “GC” might more accurately define the top corporate legal role as a “general contractor” rather than “general counsel.” It’s an intentionally provocative suggestion Dave Galebenski made on a recent Google Hangout for the Legal Tech Briefs series. However, it’s not without merit:  It’s merely a way for Mr. Galbenski to get his clients to ... Read More »

Infographic Friday: When the POTUS was a Lawyer

When the POTUS was a Lawyer

Among the 44 leaders who have served as President of the United States, 26 of them were lawyers. This means 59% of those serving in the top executive spot had law degrees. This according to an infographic we first spotted in a post by A2L Consulting titled: 15 Fascinating Legal and Litigation Infographics. We’re struggling a bit to find a ... Read More »