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3 Outcomes of Improving Legal Department Operations

3 Outcomes of Improving Legal Department Operations -head

Technology, analytics and process are the three drivers of corporate legal operational maturity. All three are necessary – and must work in harmony to advance the maturity of legal department operations – and the benefits can be significant. According to Justin Silverman, who leads product management for the LexisNexis CounselLink product, annual savings customers report can come in at ballpark ... Read More »

3 Drivers of Corporate Legal Operational Maturity

3 Drivers of Corporate Legal Operational Maturity

A recent survey of law departments indicated most legal departments are in the early stages of improving the maturity of law department operations. As the chart below indicates, most corporate legal departments say they have deployed technology, but still have much work to be done before having the process and technological maturity to make data driven decisions or even to predict ... Read More »

Most US Presidents Were Lawyers

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If you’d like something interesting read about US Presidents that were also lawyers, consider this piece published in 2009 by the ABA Journal:  Fascinating facts about America’s lawyer-presidents.  It includes interesting facts such as: Taft had the most diverse legal career of America’s lawyer-presidents. His resume included service as a city attorney, superior court and federal circuit court judge, law school ... Read More »

Friday Share:  An Essential Guide for Lawyers in Social Media

Friday Share Essential Guide for Lawyers in Social Media

The online publication Attorney at Work recently published a free Lawyer’s Guide to Social Media Marketing. It’s an impressive piece of work that both breaks down results of a survey of its own readers and bundles a range of useful independent articles. These articles are quick reads and written by reputable personalities in the legal industry including Jared Correia, Gyi ... Read More »

How Law Firms can Generate More Referrals and New Business

How Law Firms can Generate More Referrals and New Business-header

Note:  The following is a guest post by Lee Frederiksen a managing partner at Hinge Marketing. Generating referrals has always been an essential part of law firms’ marketing strategies. In fact, when we asked professional services firms what their biggest marketing priorities were for 2015, generating more referrals was the top priority, with 61.9 percent of respondents citing it. Yet ... Read More »

6 Tips from the Big Law Trenches for an Effective Digital Strategy

6 Tips from the Big Law Trenches for an Effective Digital Strategy

Note: the following is a post written by Kevin Bonsor, director of Creative Services for the LexisNexis software division. A web site is just the beginning of creating an effective digital strategy. This was the idea Michelle Woodyear, digital marketing manager at Orrick, Herrington & Sutcliffe, LLP conveyed during her presentation at LegalTech® New York 2015 last week. Ms. Woodyear ... Read More »

Should Law Businesses Transform or Wait to Have Change Imposed

Transform or Wait to Have Change Imposed

The following is an excerpt from a new eBook titled 15 Ideas for Getting a Jump-Start on 2015 which is freely available with registration. According to the 2014 Law Firms in Transition Survey from Altman Weil, a large majority of law firm leaders report that greater pricing competition, practice efficiency, commoditization of legal work, competition from nontraditional legal service providers, ... Read More »

Roundup: Bits and Bytes from the #LTNY15 Twitterati

Bits and Bytes from the LegalTech Twitterati

As the LegalTech show winds down, here’s a quick (and fun) roundup of some of the commentary, stats and insights we’ve observed on Twitter under the two most commonly used hashtags for the show:  #LTNY and #LTNY15. 1. Law technology and revenue.  “Firms with the highest rates of technology adoptions billed 25% more.”  @KPatelALM 2. Here’s looking at you!  “80% ... Read More »

Trends, Spends and Clouds: 3 Takeaways from LegalTech Bloggers

3 Takeaways from the LegalTech Bloggers Breakfast-1

The annual Bloggers Breakfast at LegalTech aimed to address three pressing questions this year: 1. Is the US legal market on a path for revival? 2. What tech trends do you expect to see in 2015? 3. How did cloud technologies played out in 2014 and what’s in store for 2015? Ron Friedman published an exceptional live blog of the ... Read More »

Ellipsis: A Vendor Ode to Monica Bay…

Ellipsis A Vendor Ode to Monica Bay…

…this year, the LegalTech conference seems a little bit different because the legal world is bidding a farewell – of sorts – to Monica Bay.  ALM Media, the show organizer and publisher of Law Technology News (LTN) announced recently she will retire on February 9, 2015 as editor-in-chief of LTN.  She has spent a career spanning three decades at ALM ... Read More »