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Law Firm CMO on the Evolving Business Development Landscape

Law Firm CMO on the Evolving Business Development Landscape

Law firms aren’t laggards in business development, says Jeanne Hammerstrom, the chief marketing officer at Benesch, Friedlander, Coplan & Aronoff LLP, which is headquartered in Cleveland and maintains seven offices including one in Shanghai.  She points to the lengthening tenure of top marketing and business development leaders at law firms as evidence that things are going right. Sure the legal ... Read More »

What are the Going Law Firm Billing Rates by Practice Area?

Going bill rates by practice area - small

The first of six key metrics in the newest edition of the Enterprise Legal Management Trends Report covers the going law firm billing rates by practice area.  The data is based on $18 billion in legal invoices processed through the CounselLink systems since 2009. The data presented in the chart nearby (click here or image for higher resolution), is a ... 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 »

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 »

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 »

Infographic Friday:  Best Employers in the U.S. Tech Sector

Best Employers in the US - small

Forbes recently published an infographic listing “The Best Employers in the U.S. Tech Sector” which lists the “top employers in IT, internet, software and services, as ranked by employees.” The publication teamed up with Statista, to ask some “20,000 American workers at large U.S. companies, nonprofit institutions, government agencies, and U.S. divisions of multinationals this question: how likely would they ... Read More »

6 Key Ingredients to a Law Firm Data Security Plan

6 Key Ingredients to a Law Firm Data Security Plan

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 spite of all the (misguided) jokes and caricatures of lawyers in our society, the fact is that the practice of law in America has always been rooted in a strong sense of ethical conduct. From the required curriculum ... Read More »

Tech Savvy as a Source of Law Firm Innovation

Tech Savvy as a Source of Law Firm Innovation

More and more law firms are embracing technology as a means to improve client experience, according to BTI Consulting. A survey of corporate counsel conducted by the research firm found “9% more law firms using technology as a source of innovation in 2015.” The statistic is just one slice of data from a larger study – the BTI Brand Elite ... Read More »