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The Five Gears Driving Law Firm Profitability

The Five Gears Driving Law Firm Profitability

Cost-cutting can improve margins in the short-term, but profit is just one gear among several affecting law firm profitability, according to a white paper titled Driving Profitability Forward. Gears are a sound analogy for framing the business of law, because while a gear moves independently, as part of a system, gears are interdependent. When one gear falls out of sync… ... Read More »

How to Outsource eDiscovery: The Three-Legged Stool

How to Outsource eDiscovery The Three-Legged Stool

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. We’ve written quite a bit in this space about the vexing question that many in-house legal departments have had to ask themselves: do we want to handle our eDiscovery workflow in-house or outsource it to a qualified service provider? ... Read More »

7 Exceptional Posts Contributed by Legal Experts

7 Exceptional Posts Contributed by Legal Experts

So far this year, we’ve published more than 200 blogs posts but just a handful of them have been contributed blog posts – and those contributed posts are exceptional. Below is a list of seven contributed posts – most of which were published over the summer and might have been missed – which we solicited from legal experts across the ... Read More »

Infographic: Balancing the Prospect for Litigation Cost Savings

Balancing the Prospect for Litigation Cost Savings

“There are some easy steps an organization can take to take to keep litigation costs down, but they just aren’t taking them,” wrote Corporate Counsel. The article focuses on one of the most interesting findings in a recent litigation cost survey focused on Property & Casualty insurance companies.   It’s a “balancing act” line of business where legal metrics, efficiency and ... Read More »

Webinars: eDiscovery CLE and other LexisNexis Events in October

Webinar eDiscovery CLE and other LexisNexis Events in October

Instead of trick or treats, how about CLE credits for Halloween this year? You don’t have to wear a costume to earn the credits, it will take some spookiness out of eDiscovery, and you get a head start on costume ideas.  After all, armed with CLE credits on eDiscovery, you’ll be entitled to splurge on a new super lawyer costume ... Read More »

5 Expert Tips for the Time Matters Practice Management Tool

5 Expert Tips for the Time Matters Practice Management Tool

There’s a vast community of knowledge in the legal community aimed at helping small law firms get the most out of technology – and customize it to fit the unique needs of every firm. Below we’ve rounded up a list of recent tips and tricks from consultants and professionals from across the legal ecosystem for the LexisNexis® Time Matters® solution: ... Read More »

Dimensions of eDiscovery: Insource, Outsource and Hybrid

Dimensions of eDiscovery Insource Outsource and Hybrid

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. If you work in an in-house legal department, chances are you’ve already started to confront the question of whether to handle your eDiscovery workflow “insource” or outsource it to a qualified service provider. If you’ve done all of the ... Read More »

7 Ways to Prove the Value of the Legal Department

7 Ways to Prove the Value of the Legal Department

Note: Dan Ruderman with the strategic consulting team also contributed to this post. Proving value is always high on the list of priorities for corporate counsel. Perhaps it’s because legal services are a credence good, as D. Casey Flaherty says. There are however recognized techniques for proving value with data, processes improvement and strategy.  Here are seven ways to prove the ... Read More »

SlideShare Friday: The 2016 Outlook for the Legal Profession

The 2016 Outlook for the Legal Profession

In just about two weeks, we’ll be headed into the fourth and final quarter of 2016.  Strategic planning for the next year, if it hasn’t already started, is likely to begin in earnest. Robert Half Legal recently published survey data on the outlook for 2016, which looked at both demand and compensation expectations.  The presentation is embedded below and it’s ... Read More »

4 Creative Business Insights from Small Law Super Lawyers

4 Creative Business Strategies from Small Law Super Lawyers

Every business is unique and often that uniqueness is tied to climate or culture.  In our view, law firms – the business of law – aren’t exempt. No place does that come through than in dozens of case studies (i.e. Time Matters, PCLaw, Juris) we compile every year. Certainly the focus of a case study is to draw forth exactly ... Read More »