Just Updated

ILTA Keynote Summary: Disruptive Technologies and Abundance

Disruptive Technologies and Abundance

In a primitive society, 15% of the population died violently; today that number is just .03%, according to Peter Diamandis.  Mr. Diamandis, the keynote speaker that kicked off a packed 2014 ILTA Conference themed “Imagine,” is an author, entrepreneur and space enthusiast with a medical degree from Harvard. Violence today is just 1/500th of what it used to be he ... Read More »

SlideShare Friday:  Turning Law Firm Website Visitors into Clients

SlideShare Friday Turning Website Visitors into Clients

If there was ever a question about whether the web was a good place to attract clients, a new report by market research firm eMarketer puts it to bed.  “People are pretty much glued to technology 24/7,” read the report headline which also spells out some compelling statistics: 60% of U.S. internet users are connected “almost always” Just 43% of ... Read More »

Legal Tech: How Safe is it to Hit Send?

How Safe is it to Hit Send

Every day attorneys will “hit send” as they email back and forth a myriad of confidential documents to their clients and colleagues. While this is a seemingly harmless business task, a new study from LexisNexis shows that electronic file sharing might not be as safe as some attorneys think it is. The study, File Sharing in the Legal Industry, found ... Read More »

5 Tips for Streamlining Your Legal Department

5 Tips for Streamlining Your Legal Department

How can we do more with less? If you’re an in house attorney you’ve likely heard that phrase ad nauseam, but the truth is, today’s corporate legal departments are under intense scrutiny to save money and add value to the business. While this seems like an uphill battle, there’s plenty of proof out there that it can be done—and done ... Read More »

August Webinar Recess; 9 LexisNexis Software Webinars

August Webinar Recess 9 LexisNexis Software Webinars

The LexisNexis software division is hosting a plethora of webinars this month on topics ranging from law firm practice management and our financial and billing software, to a breakdown of our latest Enterprise Legal Management Trends report. Some of these webinars are designed for existing customers – and it’s a great way to get some free training – and some ... Read More »

Top 10 #BusinessofLaw Posts You Might have Missed in July

business of law

At just about the half-way mark in August, the process of looking back on which posts readers preferred in July reminded us to take a look even further back – to about this time last year. This time last year we were engaged at the ILTA 2013 conference which was held in Las Vegas and we ran a number of ... Read More »

Survey Friday:  Fortune 1000 GCs and Cautious Optimism  

Fortune 1000 GCs and Cautious Optimism

No matter the line of business getting things done generally has three key prerequisites:  budget, people and resources. The Consero Group recently conducted a short survey with 57 GCs that included questions along these lines and published this report:  Consero’s 2014 General Counsel Data Survey.   The study is our post for this week’s Friday Share. While the sample size ... Read More »

What are the Going Law Firm Rates by Practice Area?

What are the Going Rates by Law Practice Area

What rates can corporate counsel expect to spend for outside counsel by practice area?  The chart nearby, while complex at first glance, encompasses an enormous amount of data with an at-a-glance view of what the going rates are for legal services by practice area in United States. The data stems from our latest trends report which was released this past ... Read More »

The New and Evolving Legal Department Operations Role

The New and Evolving Legal Department Operations Role

Corporate legal operations manager or director is one of the most important new legal roles emerging in corporate legal departments. From the emergence of e-billingin the early 2000′s, to the explosion of eDiscovery around 2005-2006, to the expansion of financial and accounting practices and controls following the 2008 economic collapse, law department operations, or LDO, has played a pivotal role ... Read More »

ELM Trends:  Corporate Legal Continues Law Firm Consolidation

Law firm consolidation

It takes just ten law firms.  That seems to be the preferred number of law firms for many corporate legal departments. By year’s end in 2013, more than half of corporate legal departments had consolidated at least 80% of their corporate legal work with 10 or less firms, according to the newly released LexisNexis Enterprise Legal Management Trends Report (ELM). The ... Read More »