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Meta Data: 51+ Posts Summarizing the 2014 #ABATECHSHOW

51 Posts from the 2014 #ABATECHSHOW

We’ve had a couple days sift through the mass of social media posts, articles and blogs about the ABA TECHSHOW – word plethora comes to mind.  By way of Twitter comparison: ITLA Conference:  ~5,000  tweets LegalTech: ~2,200 tweets ABA TECHSHOW: ~1,500 tweets One difference in terms of coverage generated is that the ABA Journal did an amazing job covering the ... Read More »

7 Takeaways from a Geek’s Presentation on Law Firm Pricing

7 Takeaways from a Profitability Geek’s Presentation on Law Firm Pricing

The better law firms are at pricing the better it is for the market.  So said Toby Brown, a law firm pricing specialist and contributor to 3 Geeks and  Law Blog. His comments were provided during an outstanding ABA TECHSHOW session titled, The Changing Face of Large Case Financing & Billing. Lawyers are not comfortable having conversations about fees (both ... Read More »

Session: 5 Effective Law Firm Billing Techniques #ABATECHSHOW

5 Effective Law Firm Billing Techniques

Steven Best and Peggy Gruenke presented an excellent session titled Bills in – Money out. The speakers opened by pointing out that calling up a client that’s late on bill is an unpleasant task.  From the speakers’ vantage point the best way to avoid that scenario is to manage expectations from the outset.  Here are five tips from their presentation ... Read More »

Session: Fundamentals of Law Practice Management Systems #ABATECHSHOW

Fundamentals of Law Practice Management Systems ABATECHSHOW

Thomas L. Rowe and JoAnn Hathaway led a session titled Practice management software from agony to ecstasy and a quick poll of the audience at the beginning demonstrated representation from firms of all sizes – including a substantial population of attorneys working at firms with 100 or more lawyers. The session defined practice management tools, described the differences between premise-based ... Read More »

16 Stats from the State of Legal Technology #ABATECHSHOW

16 Stats from the State of Legal Technology

Some 1,500 tweets crossed the hashtag for #ABATECHSHOW on the first day of the show, according to an analysis completed on Hashtracking. The Droid Lawyer, Jeffery Taylor and Lawyerist scribe Sam Glover helped fuel the exchanges on the social network with respective live blogs: Lawyerist: #ABATechShow 2014 Liveblog The Droid Lawyer: ABA TECHSHOW Live Blog Mr. Glover’s post also includes ... Read More »

LexisNexis Firm Manager Unveils the “Money Finder”

LexisNexis Firm Manager Unveils the Money Finder

It may be true we can’t make up for lost time, but we just might be able to recover time we’ve forgotten. Photographs help us remember.  Calendars keep us on track.  And anyone traveling to the ABA TECHSHOW from the east coast knows, we gain an hour going, and lose an hour coming back. Keeping good time requires discipline, but ... Read More »

The Essential Survival Guide for the Independent Attorney

The Essential Survival Guide for the Independent Attorney

A law firm is a business, according to three veteran attorneys, who helped us put together a survival guide for independent attorneys. For better or worse, in many law programs, business classes aren’t among the course work offered during the grueling curriculum of law school. Even so, the economy has forced some attorneys into the role of entrepreneur by necessity. ... Read More »

Emerging Legal Role: Chief Reality Officer

Emerging Legal Role Chief Reality Officer

Economics are forcing legal department to function more like a business and less like a practice. Increasingly corporate law departments have budgets and GCs are being held to account.  This is moving the concept of the legal department operations (LDO) manager “well past the incubation stage” to more clearly define the role. This according to our own Mike Haysley in ... Read More »

Inefficiency: The Silent Law Firm Killer

The Silent Law Firm Killer

“There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.” So said Peter Drucker, as conveyed by Debbie Foster of Affinity Consulting in a webinar titled, 8 Things Killing Your law Firm and How to Stop Them.  The complete webinar is embedded nearby; it runs about 45 minutes long. Arguably, Mr. ... Read More »

Infographic Friday: The Case Against Billable Hours

AFAs increase firm size decrease

Data suggests that smaller firms are more inclined to structure alternative fee arrangements (AFA) than larger firms.  However, as so often in law, such assertions –  even data driven assertions – are not always so cut and dry.  Whether that’s true or not might be better answered by saying, “It depends.” It does depend. The graphic below the headline on this ... Read More »