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5 Myths of Legal Document Management

5 Myths of Legal Document Management

Since the invention of the Gutenberg printing press in the 15th century, the human race has been searching for innovative ways to organize, store and exchange large amounts of information. In just the past 60 years, we’ve seen the progression from magnetic disk drives (e.g., floppy disks) to optical devices (e.g., CD-ROM) to web-based systems (e.g., the cloud). Those who ... Read More »

3 Benefits of Good Litigation Software Design

3 Benefits of Good Litigation Software Design

When most of us hear about the importance of a good design, we tend to think of aesthetics – is the object pleasing to the eye, does it impress us visually, do we engage with it on some visceral level, etc. For the professionals who work in the world of software design, the goal is much more than to produce ... Read More »

5 Ways to Become a Business Development Pro

5 Ways to Become a Business Development Pro

According to LexisNexis data, it is estimated that law firms that improve their retention rate by five percent can increase their revenue rate by 25 percent. However, while many firms express interest in business development, some firms still struggle to figure out exactly what investments make the best business sense—and exactly how to achieve their business goals. In order to ... Read More »

What is “UX” and Why Should You Care?

What is “UX” and Why Should You Care?

A recent survey found that enterprise software use is enjoying steady growth, but consumer software still provides a better user experience. More than 4 in 10 professionals (44%) reported that the overall user experience with business software products is either somewhat or significantly worse than consumer software products and another 23% feel it’s about the same, according to a Tech ... Read More »

New Firm Manager Package Options Tackle Law Firm Growing Pains

New Firm Manager Package Options Tackle Law Firm Growing Pains

Small firm attorneys cite underearning as their biggest pain point, according to a new LexisNexis survey of 450 attorneys in firms from 1-20 in size. In addition the data indicates 40 percent of these attorneys’ actual billable time is not being accounted for, due to inefficient billing and time tracking practices. To help alleviate this burden, LexisNexis today unveiled powerful ... Read More »

3 Business Insights Learned from the DuPont Model

3 Business Insights Learned from the DuPont Model

Corporate legal departments don’t need to pay hundreds of millions in outside legal fees and have a DuPont size legal team to desire greater efficiency, Tom Sager, partner at Ballard Spahr LLP and former general counsel at DuPont, shared this insight during an Association of Corporate Counsel (ACC) webinar on the topic. According to Mr. Sager, in 1992 during his ... Read More »

Shift Left: 5 Ways to Drive Down Costs in eDiscovery

Shift-Left-5-Ways-to-Drive-Down-Costs-in-eDiscovery2

Pre-trial discovery was originally intended as a rule in our civil courts that would prevent trial by ambush, but the ability of massive discovery requests to bog down a case and load up the costs of litigation turned it into a key strategic focus of corporate litigants. As we all know, the explosion of electronic documents simply exacerbated that problem ... Read More »

Happy Independence Day, America

Happy Independence Day, America

With most of our usual readership likely occupied with beaches, grilling, picnics, parades and/or fireworks today, we think it’s fitting to revolt from the responsibility of producing our typical volley of thought-provoking, legal-related blog content. Instead, we’re taking the opportunity to acknowledge the singularly memorable event that took place in Philadelphia, Pennsylvania exactly two hundred and forty years ago. It ... Read More »

BOL Blog Fans: What’s Most Important to You?

BOL Blog Fans: What’s Most Important to You?

The fact that we publish our own legal industry blog doesn’t mean that we don’t pay attention to others that cover the same field. While we won’t name names here, it’s worth mentioning that we’ve observed that many of our favorite legal blogs sometimes generate more feedback than our posts typically do. We acknowledge being just the slightest bit envious ... Read More »

Understanding the Science Behind How Clients Think

Understanding the Science Behind How Clients Think

Earlier this month, LexisNexis conducted a webinar series titled: Helping Lawyers Grow Sustainable Pipeline. Each of the sessions, co-presented by Mo Bunnell, founder and president of Bunnell Idea Group, Doug Johnson, managing director of Catapult Growth Partners and Scott Winter, enterprise client engagement manager for LexisNexis Interaction, focused the discussion on the following three areas: How to Manage Opportunities How ... Read More »