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LegalTech NY 2013: A Look Back Through 11 Posts

LegalTech NY

LegalTech NY 2014 is set to open up on February 4th which causes us to wonder: What will be the key trends this year?  Niki Black points to the cloud which may be shaping up as a serious contender in the legal industry. In considering what might be trendy at this year’s show, we thought it would be useful to ... Read More »

Chart of the Day: Is the Law Cloud Secure?

law cloud secure

While just a handful of attorneys believe the cloud is not secure, when we asked them why, the open-ended responses were telling.  Here is a representative sample of responses from attorneys in small law firms in their own words. Note:  This is the fifth and final “Chart of the Day” in a series we have published over the course of ... Read More »

Chart of the Day: The Law Cloud Means Freedom of Access

cloud lawyer freedom of mobility

What do attorneys in law firms believe is the single largest benefit of the law cloud?  Freedom of access – 45.2 percent say its the ability to access their data from anywhere, at anytime, from any device with an internet connection. Stay tuned!  This is the fourth of five part “Chart of the Day” series we are publishing over five ... Read More »

Chart of the Day: Popular Uses of the Legal Cloud

Uses of the law cloud

Many lawyers are clearly already using the cloud – to the tune of 40 percent – but what are they using it for? 60% use it for document storage or management 56.4% use it for back up and disaster recovery 53.6% use it for email 46.4% use it for file sharing Stay tuned!  This is the third of five in ... Read More »

BTI Consulting: US legal market exceeds $100 billion

US legal market exceeds $100 billion

More than 600 people attended BTI Consulting’s webinar titled “BTI Market Outlook and Client Service Review” according to Michael B. Rynowecer, the consulting firm’s president and CEO.  Both the slides and a recording of the webinar are provided below.  It’s easy to understand why: the webinar, which ran about 90 minutes, was filled with metrics and data about the legal ... Read More »

Chart of the Day: Unauthorized Use of the Law Cloud?

Unauthorized use law cloud

The legal industry has some security reservations about using the cloud.  Indeed, professional organizations task lawyers with the responsibility of ensuring the cloud technologies meet ethical standards for safeguarding data. Despite this, as it often is with technology, the weakest link is usually people.  As the chart nearby indicates, practicing attorneys in small law firms believe nearly one in every ... Read More »

Chart of the Day: Cloud to Overtake Premise?

law cloud, cloud versus premise

Will cloud-based tools overtake premised-based solutions in the legal industry? 15.4% said yes, in 3 years 38.7% said yes, in 3 to 5 years 34.1% said yes, in 5 or more years This finding has similarities with a 2012 study by Legal IT Professionals which found, “57% predicting that it will overtake on-premise computing within five years and 81% within ... Read More »

8 Distinctive Characteristics of the Billion Dollar Legal Department

billion-dollar-legal-dept

Looking across the entire sample in the 2013 Law Department Metrics Benchmarking  – the data indicates corporate legal departments employ roughly 8.3 fulltime employees, including 4.7 attorneys in the corporate legal department for every $1 billion in revenue. This looked like an interesting segment of the survey sample, so we drilled down on the data specific only to those respondents from largest companies.  Twenty-eight survey respondents ... Read More »

Master Class: Microsoft Word Shortcuts for Lawyers

Master-Class-Microsoft-Word-Shortcuts-for-Lawyers

Brief.  Memo.  Correspondence.  Agreement. In the mind of the legal professional, these words conjure up a mental image, a vision, of what those documents should look like, which is an intuitive part of working efficiently.  So said Donna Brown in a webinar titled, Microsoft® Word® Shortcuts for Lawyers. Brown has served as a legal secretary and a systems administrator since 1988; today she’s ... Read More »

5 Lessons from an Expert Webinar on Law Firm Marketing

What is the opportunity cost of law firm marketing and resource allocation? (Screenshot from webinar)

  Tim Corcoran and Chris Fritsch presented an excellent webinar in December titled ROI:  Reality or Illusion.  It’s a perfect segue into the New Year because the webinar is essentially a best practices guide for law firm marketing and business development – and the two presenters combined for the perfect blend of business and legal savvy. Both Tim and Chris have written extensively on ... Read More »