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Law Firms: Put Down the Shotgun and Embrace Strategic PR

Law Firms Put Down the Shotgun and Embrace Strategic PR

This week’s Friday Share is a contributed post by Susan Kostal who suggests how law firm business development can tap PR for maximum effectiveness. For many law firm public relations professionals, their job is 80% reactive and 20% proactive. The pros manage to get that ratio down to 50/50, but it’s tough. Either camp really needs to make that time ... Read More »

4 Filters to Run Before Generating eDiscovery Reports

4 Benefits of Data Filtering Before Generating eDiscovery Reports

In the early days of eDiscovery, many litigation teams gravitated toward a “collect everything” approach in order to minimize the risks of evidentiary compliance errors, some of which had led to well-documented judicial sanctions. However, we all quickly learned the flipside of this approach: huge volumes of data being sent out for processing and review, which triggered runaway costs to ... Read More »

Top 10 Business of Law Posts for Q1 2016

Top 10 Business of Law Posts for Q1 2016-small

In the first quarter of 2016 we published 69 blog posts. The chart nearby provides a breakout of the coverage we’ve developed here by category. The volume of coverage around litigation technology stems from our interest in the sector as LexisNexis consolidated litigation software into the legal software solutions division based in Raleigh. This consolidation happened a little more than ... Read More »

P&C Insurance Carriers Favor Flat Fees; Not All AFAs Apply

P&C Insurance Carriers Favor Flat Fees; Not All AFAs Apply

Property & Casualty (P&C) carrier legal and claims departments prefer using flat fee-based alternative fee arrangements (AFA) over any other type of alternative billing method, says a new survey, the third in a series conducted by the LexisNexis® CounselLink® team. Eighty-two percent of P&C carrier legal and claims departments say flat fee AFAs are most effective in terms of helping ... Read More »

Procurement to Play Bigger Role in High-End Legal Work

Procurement to Play Bigger Role in High-End Legal Work

“Legal delivery has gone from ‘In a relationship’ to ‘It’s complicated,’’ said Mark Cohen, founder and CEO of Legal Mosaic, during the Buying Legal Council Professional Sourcing and Management of Legal Services conference. Attorney, legal tech writer and CodeX Fellow, Monica Bay, recently reported Mr. Cohen’s insights for Above the Law. She noted procurement is about to play a bigger ... Read More »

Friday Share: The Making of Lawyerist, Lifehacker for Lawyers

The Making of Lawyerist Lifehacker for Lawyers

Frustration can be motivational.  In many ways frustration was what prompted Sam Glover to start a blog circa 2007. Originally called SoloSmallTech.com, the side project, for the practicing attorney with a solo law firm, would eventually blossom into a professional news site. “I got frustrated with software options available to lawyers and wanted a place to discuss it,” he said ... Read More »

Survey: eDiscovery Pros Predict Increased Spending in 2016

Discovery Professionals Predict Increased Spending in 2016

Six out of 10 eDiscovery professionals have a positive outlook for spending on eDiscovery this year, predicting gross revenues in their segment of the industry will be higher in six months. This was one of the headline findings from the inaugural eDiscovery Business Confidence Survey, conducted by ComplexDiscovery, a leading industry blog The survey was launched in February and was ... Read More »

4 Notable Legal Software Updates You Might have Missed

Updates to LexisNexis Business and Litigation Software

Over the last several month the legal software solutions division has released software enhancements to several product lines.  For those that missed it here’s an at-a-glance view of the most recent updates: 1. New eDiscovery platform goes GA Originally announced at the 2016 Legaltech NY tradeshow, the legal software solution division has rolled out the product for general availability (GA). ... Read More »

Study: AFAs Proliferate for P&C legal matters

Study AFAs Proliferate in P&C Claims and Law Departments

Alternative fee arrangements (AFAs) use is rising among property and casualty (P&C) insurance carrier legal and claims departments, according a new survey, the third such survey in a series, by the LexisNexis® CounselLink® team. The use of AFAs moved up from 69 percent in August 2015, to healthy 76.9 percent. In other words, nearly 80 percent of this segment of ... Read More »

Quick Read: Summaries for 6 Recent Law Firm Studies

Quick Read Summaries for 6 Recent Law Firm Studies

Unlike available time, there seems to be no shortage of legal industry studies and surveys. We find keeping tabs on external sources of data to be a useful mental, for understanding the market and trends, as benchmarks against our own research, or ferreting out new ideas and pursuits. In the course of such reviews, providing summaries of these studies here ... Read More »