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5 Tips for Streamlining Your Legal Department

5 Tips for Streamlining Your Legal Department

How can we do more with less? If you’re an in house attorney you’ve likely heard that phrase ad nauseam, but the truth is, today’s corporate legal departments are under intense scrutiny to save money and add value to the business. While this seems like an uphill battle, there’s plenty of proof out there that it can be done—and done ... Read More »

August Webinar Recess; 9 LexisNexis Software Webinars

August Webinar Recess 9 LexisNexis Software Webinars

The LexisNexis software division is hosting a plethora of webinars this month on topics ranging from law firm practice management and our financial and billing software, to a breakdown of our latest Enterprise Legal Management Trends report. Some of these webinars are designed for existing customers – and it’s a great way to get some free training – and some ... Read More »

Top 10 #BusinessofLaw Posts You Might have Missed in July

business of law

At just about the half-way mark in August, the process of looking back on which posts readers preferred in July reminded us to take a look even further back – to about this time last year. This time last year we were engaged at the ILTA 2013 conference which was held in Las Vegas and we ran a number of ... Read More »

Survey Friday:  Fortune 1000 GCs and Cautious Optimism  

Fortune 1000 GCs and Cautious Optimism

No matter the line of business getting things done generally has three key prerequisites:  budget, people and resources. The Consero Group recently conducted a short survey with 57 GCs that included questions along these lines and published this report:  Consero’s 2014 General Counsel Data Survey.   The study is our post for this week’s Friday Share. While the sample size ... Read More »

What are the Going Law Firm Rates by Practice Area?

What are the Going Rates by Law Practice Area

What rates can corporate counsel expect to spend for outside counsel by practice area?  The chart nearby, while complex at first glance, encompasses an enormous amount of data with an at-a-glance view of what the going rates are for legal services by practice area in United States. The data stems from our latest trends report which was released this past ... Read More »

The New and Evolving Legal Department Operations Role

The New and Evolving Legal Department Operations Role

Corporate legal operations manager or director is one of the most important new legal roles emerging in corporate legal departments. From the emergence of e-billingin the early 2000′s, to the explosion of eDiscovery around 2005-2006, to the expansion of financial and accounting practices and controls following the 2008 economic collapse, law department operations, or LDO, has played a pivotal role ... Read More »

ELM Trends:  Corporate Legal Continues Law Firm Consolidation

Law firm consolidation

It takes just ten law firms.  That seems to be the preferred number of law firms for many corporate legal departments. By year’s end in 2013, more than half of corporate legal departments had consolidated at least 80% of their corporate legal work with 10 or less firms, according to the newly released LexisNexis Enterprise Legal Management Trends Report (ELM). The ... Read More »

3 Lessons from Switching Practice Management Tools

3 Lessons from Switching Practice Management Tools

Switch law firm practice management tools is sizable undertaking. The selection process and expenses aside, the change can be disruptive to business process. Sometimes this happens at a time of growth because a firm has outgrown its existing software. This was the predicament of and Atlanta-based litigation law firm Bloom Surgarman Everett, LLP as described in a new case study ... Read More »

YouTube Friday:  M&A Back in Business of Law Vogue

YouTube Friday M&A Back in Vogue

Deal-making is back in styled and the letters “M” and “A” for mergers and acquisitions are again gracing the headlines.  Those headlines also belong to publications focused on law: Wall Street Journal: Elite Law Firms Dominate as Deals Proliferate Bloomberg: Skadden Tops H1 Global M&A Rankings: Business of Law Texas Lawyer: Deal of the Week: $21.4 Million Merger For this ... Read More »

Seven Tips for Improving Law Firm Billing Efficiency

Seven Tips for Improving Law Firm Billing Efficiency

Note: This post was penned by Loretta Ruppert and originally published in GP Solo in August 2013. Geneva Yourse was a relatively new attorney when she took a big risk: she quit a secure job as an attorney with a family friendly firm.  Why?  Because she wanted to pursue something bigger:  to hang her own shingle.  Hanging up a shingle, ... Read More »