Just Updated

Study Suggests 4 Corporate Legal Trends on the Rise

Study Suggests 4 Corporate Legal Trends on the Rise

The ACC Chief Legal Officers (CLO) 2016 Survey suggests internal corporate legal spend now surpasses outside legal spend. According to the study, CLOs reported 53 percent of their budget is now dedicated to internal spending, while just 47 percent is allocated to outside counsel. Issues of compliance and ethics were named among top concerns with regulatory requirements and data breaches ... Read More »

Friday Share:  The 4 Pillars of Legal Innovation

Friday Share The 4 Pillars of Legal Innovation

Somewhere between $100 billion and $300 billion change hands in legal every year, though estimates vary, depending on what’s being counted.  Still, at either end of the spectrum, it’s a sizable volume of money for important work. In light of those estimates, it’s not especially revealing to suggest the legal market is mature, but the choice of profitability levers to ... Read More »

The 3 Red Flags of More Law Firm RFPs

The 3 Red Flags of More Law Firm RFPs

The volume of law firm RFPs are at a 15-year high according to market research firm BTI Consulting. “56% of corporate counsel issued RFPs for law firms in 2015, up from 45% in 2014,” wrote Michael B. Rynowecer noting the majority of clients have turned to RFPs for law firm hiring. At face value, this could sound like an indication ... Read More »

5 New Benefits in Concordance Desktop for Small Law Firms

LexisNexis-Concordance-Desktop-2

Earlier this month, an 18-month journey of research and development concluded with the release of a reimagined version of the venerable LexisNexis Concordance® eDiscovery software product. The new product, which is designed for cases of less than 1 million records (approximately 80% of all litigated disputes in the U.S.), was built to help litigation teams at smaller law firms manage ... Read More »

Tools for Legal Project Management: The Kick-Off Meeting

Tools for Legal Project Management The Kick-Off Meeting

Legal project management improves client satisfaction, teamwork and the economics of legal services, writes contributor Aileen Leventon in this contribution to the LexisNexis Business of Law Blog. And they’re off…like thoroughbreds breaking from the gate and barreling down the track in single-minded pursuit of the finish line.  This image may capture of a typical start of a major matter: get ... Read More »

Friday Share: Lawyers Draft Articles for Star Wars Constitution

Lawyers Say the Star Wars Rebellion Needs a Constitution

There’s a classic mantra saying that old soldiers never die, they just fade away. But what happens to a rebellion after it’s won the war?  Articles of Confederation notwithstanding, a constitution might be in order. Perhaps the reported 7-month delay on Star Wars Episode VIII is the result of a pending decision to cast a few lawyers for a scene ... Read More »

Practical Tips for Using Outside Counsel Guidelines

Practical Tips for Using Outside Counsel Guidelines

The cornerstone of a productive client and outside counsel relationship starts by setting clear and consistent expectations for the legal department at the outset of the client engagement. So says, Kelly Spratt-Szarzynski, senior strategic consultant on the LexisNexis® CounselLink® team. This involves developing an outside counsel guidelines document that formally communicates the legal department expectations.  These guidelines apply to all ... Read More »

Puerto Rico Law Firm Finds Value of Early-Stage eDiscovery

Puerto Rico Law Firm Finds Value of Early-Stage eDiscovery

With more than 45 lawyers and offices in the heart of the San Juan business district, Pietrantoni Méndez & Alvarez LLC (PMA) is one of Puerto Rico’s leading commercial law firms. Among the firm’s core practices is litigation, representing clients in all areas of civil and commercial litigation before the Puerto Rico Court of General Justice, the U.S. District Court ... Read More »

The Client Wow Factor in a Digital Law Firm Transformation

The Client Wow Factor in a Digital Law Firm Transformation

Randolph Coleman impresses his clients by fielding client inquiries about older cases in seconds rather than days. He keeps the information at his fingertips but also ensures the data is protected with enterprise-grade security. It might seem like a tall order for some firms. However, what makes Mr. Coleman and his Jacksonville, Florida-based law firm, The Coleman Law Firm PLLC, ... Read More »

8+ Legal Tech Webinars You Will Love [February 2016]

8+ Legal Tech Webinars You Will Love [February 2016]

While Cupid won’t be moderating any of our webinar sessions this month, there’s still plenty of love to go around for new or prospective customers. The webinars designed for existing customers provide tips and tricks for getting more out of your investment in technology.  Those designed for new customers generally build on big ideas, experiences and best practices. The LexisNexis ... Read More »