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Keynote Video:  Painting a Picture of the Legal Services Industry

Painting a Picture of the Legal Services Industry

Attorney, author and entrepreneur David Galbenski believes the legal industry may be at the “most unique inflection points that we’ve experienced” in our lifetime.  The legal industry he says is “under dramatic transformation and disruption” which provides the opportunity to innovate, or perhaps to imagine the future of law. The video embedded nearby captures his complete keynote presentation as provided ... Read More »

Law Firm Marketing: How to Navigate Online Reviews

Law Firm Marketing How to Navigate Online Reviews

If attorneys and law firms open up to online reviews – even the negative ones – what is the impact on their online reputation?  The topic was a theme of a hot session during Mass LOMAP’s 4th Annual Super Marketing Conference. The reality is online reviews are here to stay and marketing experts believe they are becoming a way of ... Read More »

4 Ways Tech is Changing Small Law

4 Ways Tech is Changing Small Law

For a time, “full-service” was a key point of differentiation for law firms.  That may not be true any longer, according to Luke Closson, the managing partner at the law firm of Closson, Bass & Tomberlin. The law firm is based in Valdosta, Georgia, about 200 miles south of Atlanta and near the border with Florida.  A LexisNexis Time Matters ... Read More »

Summer School: 5 LexisNexis Software Webinars this Week

Summer School-4 LexisNexis Business of Law Product Webinars this Week

Webinars are a great way for existing customers to get more out of the LexisNexis® software products.  This week we’ve got four such free webinars planned across practice management, billing and CRM applications. The four webinars being offered include: 1. 10 Tips and Tricks to Deliver Effective CRM Training Who:  LexisNexis InterAction® customers. What:  Sr. Trainer Margaret Hepburn will walk ... Read More »

YouTube Friday:  Imagining the Future of Law

YouTube Friday Imagining the Future of Law

The legal community and the medical community have a lot in common, it seems: Both manage cases Both face pricing pressures Both face compliance concerns Confidentiality is paramount Technology promises the potential to redesign the business and rethink the practice in both professions. Yet instead of reimagining – as the rather stirring video embedded nearby suggests, what if we just…imagine? ... Read More »

The 4 Strategic Options in Software for Law Firm Accounting

The 4 Strategic Options in Software for Law Firm Accounting

For new law firms, processes, procedures and infrastructure are important decisions.   These are important for future plans – choosing systems that can support a firm as it grows. Accounting systems are a good example, because a law firm that outgrows it existing accounting tool will force a change precisely during a growth spurt.  In the worst cases, making a dramatic ... Read More »

Compliance: No Mystery on the Corporate Counsel Agenda

a review of current corporate legal department surveys one distinct pattern emerges: compliance is keeping corporate lawyers awake at night.

Depending on who is answering the question, estimates for the legal market in the U.S. alone range from $100 billion to $300 billion. Needless to say, it’s a wide gap and as it tends to be with studies, the results usually center on the parameters: what’s included versus what is excluded. What the industry might be able to agree on ... Read More »

Lies and Truths: 8 Tips for Law Firm Marketing Online

8 Tips for Law Firm Marketing Online

Don’t believe everything you read on the internet – especially when it comes to law firms and online marketing. So said a panel of experts last week in a provocatively titled panel called “The Outright Lies and Absolute Truths of Relationship Marketing on the Web.”  The panel presented their ideas during the 4th Annual Mass LOMAP Super Marketing Conferenceand the ... Read More »

Top 10 #BusinessofLaw Posts you Might have Missed in May

business of law most read

Pricing, analysis and generally, big ideas, topped the most read posts on the Business of Law Blog this month. We greatly appreciate our readers and contributors and their influence in shaping and sharing the conversation on this blog. Here are the most read blog posts for May 2104: Porter’s Five Forces for the Legal Industry 9 Takeaways from the Altman ... Read More »

SlideShare Friday:  IT Best Practices for Small Law

IT Best Practices for Small Law

Technology was the top tactic for improving efficiency in the 2014 Law Firms in Transition flash survey by Altman Weil.  Sixty-percent of law firms reported using technology – to improve efficiencies and reduce costs. While that particular study is aimed a large law firms, there’s little doubt small law has much to gain from technology as well. For many small ... Read More »