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Faster, Easier eDiscovery Review:  The New Concordance Desktop

Faster Easier eDiscovery Review The New Concordance Desktop-header

One million records – that’s the average volume range for approximately 80% of litigation cases relying on eDiscovery.  More than 70,000 litigation support professionals across small- and mid-sized law firms slice and dice those million records for attorneys over the course of the eDiscovery process. Many of them have relied on the LexisNexis Concordance® eDiscovery review software product for years ... Read More »

In Corporate Legal, Data Analytics a Rising Star [Infographic]

In Corporate Legal Data Analytics a Rising Star [Infographic]

The adoption of data analytics is poised to accelerate among the legal community and especially among those serving in corporate legal departments. That’s the conclusion data analytics experts draw in a short report published by the Coalition of Technology Resources for Lawyers (CTRL).   The report is based on a survey conducted by the Information Governance Initiative and commissioned by the ... Read More »

Stats, Facts and Comments from 7 Corporate Legal Studies

Briefing Stats Facts and Comments from 7 Corporate Legal Studies

Cliff notes, summaries and neatly organized reports are all part of the close watch the Business of Law Blog keeps on legal industry studies. Today’s roundup focuses on those studies and survey stemming from inside counsel – and cuts the list of studies to review from 17 to 10.  As always we strive to link to the underlying source as ... Read More »

The Importance of Periodic Evaluation of Legal IT

The Importance of Periodic Evaluation of Legal IT

The nineteenth-century French journalist, Jean-Baptiste Alphonse Karr, famously wrote, “The more things change, the more they stay the same.” While that may apply to many situations, it doesn’t tend to hold water when talking about corporate dynamics. Take the PepsiCo global snack food and beverage maker, for example. As related in a recently published LexisNexis case study, the company has ... Read More »

Early Case Assessment: 3 Words to Drive Down eDiscovery Costs

eDiscovery Expect a Shift to Early Case Assessment in 2016

A growing number of in-house counsel and litigation professionals are driving a change in the conversation about how technology can play the most valuable role in the eDiscovery workflow. “We predict a sea change for litigation technology in 2016 brought about by the emphasis on Early Case Assessment (ECA),” writes Steve Ashbacher, vice president of litigation solutions at LexisNexis, in ... Read More »

5 Small Law Considerations for Practice Management Software

5 Small Law Considerations for Practice Management Software

Practice management technology is a sound business investment writes Brian Baker, who specializes in small law accounting.  He says upwards of 40% of small law firms don’t use such software and offers five reasons why they should. We work with many small law firm clients and see how demanding their daily tasks are each day.  If ignored, these tasks can ... Read More »

Friday Share: 8 Habits of Highly Profitable Law Firms

Friday Share 8 Habits of Highly Profitable Law Firms

Three law firm characteristics drive profitability: behavior, strategy and culture.  This idea is conveyed in a presentation published by the BTI Consulting Group: 8 Habits of Highly Profitable Law Firms. The presentation is this week’s Friday Share.  The eight profitable habits are as follows: 1. Fewer, but Larger Clients. The presentation says that profitable firms have fewer clients, but those clients ... Read More »

The Science behind Law Firm Lead Generation

The Science behind Law Firm Lead Generation

“Comfort can breed complacency,” according to Nick Araco, senior director of growth strategies and business development for Drinker, Biddle & Reath. Mr. Araco shared these views during the LexisNexis® Interaction® webinar titled: “Generating Leads and Introductions the Right Way ,” alongside co-presenter, Mo Bunnell, president of Bunnell Idea Group. According to these gentlemen, research shows, people, especially attorneys, tend to ... Read More »

Espresso and 5 Can’t Miss Events at #LTNY 2016

Espresso and 5 Can’t Miss Events at the LegalTech Show 2016 LTNY

No one offered a weather forecast for the LegalTech® New York 2016 conference and trade on our annual list of legal industry predictions this year, but it probably wouldn’t count for much anyway.  Mother Nature isn’t easily swayed regardless of what the forecasts say. If the last two years are any indication, attendees will recall Midtown weathered ice, slush and ... Read More »

LPM 102:  Eight Critical Tools for Legal Project Management

LPM 102 Eight Critical Tools for Legal Project Management

Effective communication is essential to for successful Legal Project Management, says Aileen Leventon in the second of a two-part series; she recommends eight critical communication tools.  Change is inherent in the nature of legal work.  As a matter progresses – whether it is a transaction, litigation, regulatory or any other matter – new facts, circumstances and l­­­­­egal issues emerge. The ... Read More »