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The Proposed FRCP Changes: What Is “Proportionality” Anyway?

The Proposed FRCP Changes

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 April 2015, the Supreme Court of the United States approved significant amendments to the Federal Rules of Civil Procedure (FRCP) and submitted them to Congress for approval. Unless Congress introduces last-minute legislation to reject, modify or defer them, ... Read More »

6 Ways to Promote Innovative Thinking in Legal

6 Ways to Promote Innovative Thinking in Legal

Note:  This post was contributed by David J. Galbenski. As law firms are challenged to do more with less, innovative thinking wins the day and beats the competition. When statistics show momentum slowing in revenue and profit growth for law firms, it’s time to strategize and take risks – something familiar to most business owners, but unusual for firms. If ... Read More »

Law Firm Science Fiction: De Sktop, The One

Law Firm Science Fiction De Sktop The One

Note:  The following is a guest post by Jeffrey Brandt. De Sktop Image stars in this science fiction thriller where he seeks to hunt down all variations of himself across the organizational universe. By killing off all of the other Images, his other selves, (becoming the last version) and absorbing their energies, he believes he will become an immortal godlike being ... Read More »

Fixing the Gender Gap in Law – And Beyond

Fixing the Gender Gap in Law – And Beyond

Note:  The following is a guest post by Monica Bay. It’s no secret that our legal profession faces an embarrassing dilemma: There is a 17 percent pay gap between men and women across the profession and an 18 percent gap in Big Law. But take some solace – we’re not alone. In Silicon Valley technology shops, women constitute only 20 ... Read More »

Infographic: Law Firm Obstacles along the Quest for Growth

Law Firms Face Obstacles along the Quest for Growth-header

  Competition.  It’s the number one barrier to growth, according to the recently released LexisNexis survey, Law Firms in Business Development Transition: Marketing, Business Development and the Quest for Growth. Besides having to joust with other firms to impress the same collective of prospective clients, survey respondents reported that added hurdles are attorney participation; pricing; lack of long-term strategy; and ... Read More »

Litigation Business Case: Hosted vs. Internal Data Management

The Litigation Business Case Hosted vs. Internal Data Management

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. Many law firms and corporate legal departments alike are wrestling with the decision about whether to partner with an outside service provider to host their litigation data and litigation software applications or to stick with internal resources for this ... Read More »

Law Firm Competition: Buyers Becomes a New Entrant

Law Firm Competition Buyers Becomes a New Entrant

One of the five factors in Porter’s Five Forces model, a framework for evaluating a competitive environment, is the “threat of new entrants.” The 2015 Law Firms in Transition study by Altman Weil finds this “threat” is a broadening category. “Eighty-three percent of law firm leaders say they believe competition from non-traditional service providers is a permanent change in the ... Read More »

Head-banging Lessons for Starting a New Law Firm

Head-banging Lessons for Starting a New Law Firm

Spend enough time around Ernest (Ernie the Attorney) Svenson and legal technologist Craig Bayer and you’re bound to learn a few things. The two will be leading a CLE webinar today (Tuesday, November 3rd) for attorneys starting their own firms, so it seemed worthwhile to get a sneak preview of how they approach their work with new-firm owners, or those just ... Read More »

Sage Small Law Firm Accounting Advice from an Expert

Sage Law Firm Accounting Advice from an Expert-head

In an effort to save some money, a well-intended small law attorney had been managing his own books.  Now the auditing committee from the state bar association was taking a look – and couldn’t make sense of the data. Given her expertise with accounting software, and a history of teaching accounting at the university level, the auditing committee called Gale ... Read More »

What do New Law Firm Owners Fear? Old Firm Mistakes…

What do New Law Firm Owners Fear

What could possibly be more frightening than starting a new law firm? All too often, dealing with the problems that plague so many older, more established firms. Like troubles getting paid, protecting confidential data in an era when data thefts are everyday news, or worries about malpractice. Confidential Materials. Stop Reading Immediately! What’s the good news if you’re trying to ... Read More »