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Infographic Friday:  Job Prospects Brighten for Lawyers

Job Prospects Brighten for Lawyers

It’s been a long hard slog for jobs in the legal sector, especially for newly minted lawyers.  There have, however, been indications that the opportunities are ticking up.  The optimism makes it a good fit for this week’s Friday Share series. Jacob Gershman, penning a post for the Wall Street Journal’s Law blog cited the ABA’s 2013 Law Graduate Employment ... Read More »

3 Tips for more Effectively Managing Legal Spending

3 Tips for more Effectively Managing Legal Spending

The general counsel needed a report. The corporate legal department had spent more than $20 million on external legal fees in the previous year, and he needed to know how much of that was spent specifically on litigation, where it was spent, and why. He tasked Mary Stich with generating a report which would allow him to identify areas to ... Read More »

Seven Ways to Influence Change in Your Legal Department

Seven Ways to Influence Change in Your Legal Department

Many corporate legal leaders find that they are far more successful in developing a vision than in turning it into a reality. While these legal visionaries are able to articulate a new and exciting way of practicing law, or managing the business of law, the true challenge often arises in affecting change within their department. While each legal department and ... Read More »

Legal Tech Briefs: Law Firm Practice Management Tools

Legal Tech Briefs Law Firm Practice Management Tools

He went to school to be a lawyer and wound up as a technology consultant to law firms for the last 12 years. A little more than a decade ago, Craig Bayer finished school and went to work for a law firm, which coincidentally had just purchased LexisNexis® PCLaw® software for practice management.  Though at the time he had no ... Read More »

Law Firms: Soft Targets; Hard Truths

Law Firms Soft Targets Hard Truths

Note: This post was penned by Christopher Anderson and originally published in Attorney at Work in June 2014. Are law firms really a “soft underbelly” for hackers? Yes, according numerous legal security experts recent news reports. Several corporations are demanding law firms to take increased security measures to protect their businesses. So why are law firms on the hacker radar ... Read More »

Infographic Friday: Legal Industry getting a Dose of Startup

Legal Industry getting a Dose of Startup

Usually when technologists think of startup companies it conjures up images of entrepreneurs in need of legal advice: New currency: How a law firm helps Bitcoin entrepreneurs Tailored services: Law firms offering packaged startup legal services Apps for parking: Startups navigating the legal implications of entrepreneurship Intellectual property: Legal counsel for protecting ideas Even supreme cases:  Aereo’s high profile case ... Read More »

Top 10 Law Firm Collections Challenges and How to Solve Them

How to Develop an Effective Law Firm Collections Strategy

In a Legal Talk Network podcast focused on law firm invoicing and collections, moderator Christopher T. Anderson remarked that upwards of 20% of legal bills are past due.  What is it that’s contributing to this ongoing law firm collections challenge? Some data we both collected and presented at a LexisNexis® Juris® User Group meeting may provide useful insight into the ... Read More »

Webinar:  Corporate Counsel on Enterprise Legal Management

Rackspace Corporate Counsel on Enterprise Legal Management

The promise of Enterprise Legal Management or ELM is to provide corporate counsel with data to make better legal decisions – decisions about legal matters, legal hold and legal spending. It’s a big promise and as it is so common with enterprise-wide projects, expert advice usually recommends starting with a few small hunches, demonstrating success and then rolling the project ... Read More »

Top 10 #BusinessofLaw Posts you Might have Missed in June

Top 10 Business of Law Posts you Might have Missed in June

If there’s a lesson to be learned for legal bloggers from this month’s analysis, it would be this:  While we think of a blog as an external communications tool, it has implicit internal communications value as well. While we keep most posts focused on the legal community,we occasionally share what we’re doing in our own local community.  Case in point:  ... Read More »

How ELM Drives Predictable Corporate Legal Spending

How ELM Drives Predictable Corporate Legal Spending2

One of the primary benefits of enterprise legal management (ELM) systems is the ability to aggregate information from previously disparate sources including e-billing, matter management and accounts payable. Once the data is assemble, corporate legal departments have an incredibly powerful source of existing information about their legal matters, to analyze: How long a specific matter should take to resolve? How ... Read More »