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Ready, Set, Get Your Small Law Systems in Check

Get Your Small Law Systems in Check

Note: 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. The more practitioners rely on technology to manage their law offices, the more important it is to have a solid understanding of how these systems operate and how they can be used to streamline office operations. Resolve to ... Read More »

YouTube Friday:  eDiscovery Explained Simply

YouTube Friday eDiscovery Explained Simply

The “e” in eDiscovery doesn’t stand for “easy” and some experts (like the video nearby) argue that eDiscovery is greater challenge for IT than it is for lawyers.  In its simple terms, eDiscovery is short hand for the process of turning unstructured data – sometimes staggering amounts of it – into something we can understand. YouTube is filled with resources ... Read More »

The Two Simple Drivers of Law Firm Profitability

The Two Simple Drivers of Law Firm Profitability-3

Note: the following is a post written by Kevin Bonsor, director of Creative Services for the LexisNexis software division.  He sent this submission following a session by Joel Eaton, a professional services manager, titled “Profitability, Realization & Utilization” at the 2015 LexisNexis Juris Customer Conference in Las Vegas. Finding the bottom line, or net profit, at law firms is not easy. Law firms ... Read More »

6 Staggering Big Data Statistics Pave the Way for eDiscovery

6 Staggering Big Data Statistics Pave the Way for eDiscovery

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. The impact of electronic discovery on our industry is often measured by legal professionals according to the amount of time, expense and headaches it has introduced to the litigation workflow. So perhaps a quick journey through ... Read More »

The Key to CRM is Tracking Relationships

The Key to CRM is Tracking Relationships

Customer relationship management (CRM) tools for professional service firms ought to track relationships – who knows whom– as opposed to tracking products.  So says Kayte Steinert-Threlkeld, the chief marketing officer for Berdon LLP, a top 35 accounting firm based in Manhattan. Relationships  trump everything in business development, an aspect perhaps unique for professional services firms, including accounting, law, engineering and ... Read More »

CPA:  How to Fairly Calculate Timekeeper Profitability Ratios

How to Fairly Calculate Timekeeper Profitability Ratios

Note: 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. One concept that my CPA firm is working with several law firms on is adopting an objective way to gauge and compare the profitability of individual producers, all the way from paralegals to partners. For obvious reasons, most ... Read More »

Infographic Friday:  Social Media Use by Law Enforcement

Social Media Use by Law Enforcement-header

Last fall our sister division in LexisNexis Risk Solutions released a study – and an infographic — that might be of interest to our law firm clients practicing criminal defense law.  It’s this week’s Friday Share. The study – a survey of 496 law enforcement officials conducted through the online community PoliceOne.com – found that while social media is an ... Read More »

Benchmarking Corporate Legal Department Maturity

Benchmarking Corporate Legal Department Maturity

“Most of us spend time on what is urgent and not enough time on what is important,” according to Stephen R. Covey. The sentiment of the late author was reflected in the third habit – put first things first – of his bestselling book, 7 Effective Habits of Highly Effective People. Benchmarking is an effective and data-driven way to determine ... Read More »

4 Certs Legal Should Ensure Managed Services Providers Have

4 Security-Related Certifications Law Firm Managed Services Providers Should Have

Note:  The following is a guest post from Jeff Norris who leads architecture and security for the LexisNexis Managed Services business. Over the past couple of years, the legal industry has seen a growing trend of corporate counsel and their outside law firms choosing to contract with managed services providers for handling litigation data. Managed service providers provide an environment ... Read More »

Hot Legal Links and the Top 10 Posts You Might Have Missed

top 10 legal

In the year that’s passed since we launched this little blog, we’ve been amazed at the growth in readership. In 12 months or so, this blog has earned hundreds of thousands page views (and that continues to grow).  A huge “thank you” is in order for reading, engaging, sharing and otherwise, spending a few moments of your day with us. For ... Read More »