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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 »

Infographic: A Law Firm Tribute to Martin Luther King, Jr.

Infographic A Law Firm Tribute to MLK -header

We usually reserve the last day of the week to publish legal infographics and other shareable bits of content for our Friday Share series.  However, we spotted this infographic – The History of The Martin Luther King Holiday: A Historical Timeline – and we thought it fitting to publish it here in observance. “Today, more than ever, the message of ... Read More »

Infographic: 9 Ways to Run a Small Law Firm as a Business

Infographic 9 Ways to Run a Small Law Firm as a Business-small

Earlier this month we proposed 5 Small Law New Year’s Resolutions for Happy Lawyers.  The resolutions are based on a white paper titled Nine Proven Strategies to Help Earn What You Deserve at Your Law Firm. Today, we offer the cliff note version of the white paper in an infographic format.  It’s this week’s Friday Share. 9 Ways to Run ... Read More »

The New Face of Law Firm Marketing and BD

The New Face of Law Firm Marketing and BD

Law firm business development is getting a facelift in 2016 according to Matt Thompson. In an article for LawFuel titled, 6 Ways to Shake Up Law Firm Business Development in 2016, he cites a two key factors:  A fiercely competitive legal market along with a fundamental shift in how law firms buy legal services. The outcome is motivating law firms ... Read More »

Better Search and Getting to Meaning in eDiscovery

Beyond Words and Getting to Meaning in eDiscovery

Since the earliest days of eDiscovery, professionals have used litigation software to search for specific words within documents and return individual documents of potential relevance to them for closer inspection. We’re now at a point where those tools and the people who use them need to move beyond searching for certain words – and  instead search for meaning, according to ... Read More »

Brewing eDiscovery: 10 Legal Tech Events for January 2016

Brewing eDiscovery 9+ Legal Tech Events for January 2016

Something is brewing in eDiscovery. Among the list of events below (#6) will provide a preview of what is coming in the new LexisNexis® Concordance® Desktop eDiscovery product.  And #7 hints at the beginning of the “sea of change” stemming from our Raleigh Technology Center for litigation solutions in the next 12 months. Below is our monthly legal tech roundup, ... Read More »

LPM 101: First Principles of Legal Project Management 

LPM 101 First Principles of Legal Project Management

Legal project management can improve client satisfaction, teamwork and the economics of legal services, writes contributor Aileen Leventon in this first of two-part series for the LexisNexis Business of Law Blog. Law firms and legal departments are moving quickly to augment skills in managing how legal work is done.  “Getting it done” is no longer good enough.  With clients’ refusal ... Read More »

The Top 5 Law Department Metrics for Insurers [Infographic]

The Top 5 Law Department Metrics for Insurers [Infographic]-header

Law departments within insurance companies demonstrate a high level of sophistication in corporate legal maturity.  Consider the following: Legal costs are lower. Median partner billing rates are the lowest among the practice areas tracked by the CounselLink® team. Rates tend to be stable. Legal rates in insurance work also have the least volatility with a score of 2 out of ... Read More »