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6 Simple Tips for Law Firms Tracking Utilization

6 Simple Tips for Law Firms Tracking Utilization

Note:  The following is a guest post by Amy Kosey, a veteran account executive in with the LexisNexis law firm practice management group. After several years of watching firm’s struggles, downsizing, splitting off and simply flat lining.  It may be time for shareholders to start focusing once again on the best practices to increase partner income. Gone are the days that you ... Read More »

A Perfect Legal Storm:  GC and the Greatest Challenges Faced

Top Challenges Facing Legal Department

The challenge of being a GC today may well be living in a perfect storm. “The greatest challenge that general counsel have to face today is managing legal issues in an ever increasing regulatory environment, while at the same time trying to maintain control of costs,” according to Ian McDougall at the 2014 Legal Week Corporate Counsel Forum. The “perfect ... Read More »

5 Statistics Forecasting the Future of eDiscovery

5 Statistics about the Future of eDiscovery

Note:  The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. Tools for eDiscovery continue to evolve in sophistication and deliver measurable return on investment to litigation teams – and law firms are planning healthy investments over the next couple years. This was one of the findings from a ... Read More »

5 Law Department Surveys Provide a Glimpse of 2015

Legal Department Means to Manage Outside Counsel Spend

As 2014 comes to an end there have been a number of legal industry studies and surveys published.   Several of these studies have focused on law departments – taking a pulse check of inside counsel. This naturally makes perfect sense given corporate counsel – the law firm clientele – is the “center of gravity in the legal industry.”  Even so, ... Read More »

SlideShare Friday:  Balancing Practice with the Business of Law

Survival Guide for the Independent Attorney

Solo and small law firm attorneys often struggle with why and when they should bring people in to help, and the answers really aren’t that hard, according to Glen Malia, an attorney with Malia Law, LLC. Mr. Malia was one of three contributors – all attorneys with their own shingle – that helped piece together the Survival Guide for the ... Read More »

3 Takeaways from the Arc of Law Firm Business Development

Law Firm Strategy is fundamentally about change

Amid a competitive environment and tepid recovery, law firms must shift their growth strategies from a traditional marketing focus to one of business development.  That was the key lesson we heard during a webinar presented today on how to grow a law firm in a tight economy. Presenters Doug Johnson of Catapult Growth Partners and Mo Bunnell of the Bunnell ... Read More »

Firm Manager Brings a Case to a Close

firm-manager-close-a-matter-BOLB

It was a first degree charge in a matter of closure – a case of a case that could not be closed in a cloud-based tool for law firm practice management. That was true, however in the latest update to our Firm Manager product we’ve added that capability – and we’d like to believe it’s a demonstration of how responsive we ... Read More »

Legal Infographic: What are the Top Corporate Legal Goals?

Legal Infographic What are the Top Corporate Legal Goals - header

Earlier this week we published the results of a new survey of legal departments which found 70% of said this year has been better than the last year.  It also identified existing relationships as the top gauge for evaluating outside counsel.  We’ve taken the data from the survey and developed this infographic, which is this week’s Friday Share. The highlights ... Read More »

Webinar: Framework to Grow a Law Firm in a Tight Economy

How to Grow a Law Firm in a Tight Economy

Amid a back drop of the “Big Reset” – and the tight economy that followed – Doug Johnson lays out key challenges for law firm marketing and business development in an article for The Journal of Legal Marketing, titled The Future of Marketing & Business Development. Those challenges are: 1. Translate modern marketing practices into techniques lawyers can use: “The ... Read More »

10 Telling Statistics from Optimistic Legal Departments

10 Statistics from a New Legal Department Operations Survey

A number of surveys released this year have begun to reveal a sense of optimism within the U.S. legal market.  We’d hasten to add this particular flavor of optimism is better described as cautious. Cautious as it may be, we sought to quantify that optimism.  A new survey found most legal departments think this year has been better than the ... Read More »