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Tag Archives: business of law

Great Legal Links: The Top 10 of 66 Business of Law Blog Posts

Great Legal Links The Top 10 of 66 Business of Law Blog Posts

We’ve published 66 posts on these pages in the three months spanning June, July and August. Here’s a summary of the most popular – that is the most read – Business of Law Blog posts for that time period.  It’s always fascinating to see the most read, are not always the posts with the most social shares. We’ve also listed ... Read More »

ILTACON on the Future of Law: Better, Faster, Cheaper

Future of Law Better Faster Cheaper – Pick Two-header

Rethinking law may well begin with shifting the pain of efficiency back to the law firms. That’s the conclusion of one group of attendees at an ILTACON session titled “Do Less Law:  A Contrarian View of the Future” (#ILTA124). The session, moderated by Ron Friedman, Tim Corcoran and Sheryl Nolan, broke attendees down into four smaller groups to brainstorm answer ... Read More »

The Cliff Notes to 7 Current Legal Industry Studies

The Cliff Notes to 7 Current Legal Industry Studies

Legal economics, law graduate job prospects, and inside-outside relationships are just a few of the recent legal industry studies published of late.  We’ve collected and combed through the surveys, data and reports to provide an at-a-glance summary of the latest in legal trends here. Where possible we’ve also provided links surrounding these studies for those interested in additional reading. In ... Read More »

5 Solid Links for Getting Smart on what Watson Means for Legal

5 Solid Links for Getting Smart on what Watson Means for Legal

In the last 18 months or so it seems artificial intelligence (AI) jumped from the movie screen to the news feed scroll.  More and more articles are exploring what it means for humanity. “The Wikipedia entry for “artificial intelligence” will make you wish you had an AI tool to interpret the entry,” according to Dennis Kennedy, in a panel discussion ... Read More »

7 Creative Ideas to Kick Start Collaborative Legal Conversations

7 Creative Ideas to Kick Start Collaborative Legal Conversations

Note:  The following is a guest post by Timothy B. Corcoran. As a management consultant who spends time with both law firms and law departments, I frequently feel like a marriage counselor or mediator who is constantly encouraging each side to better understand the other. Quite often, the laments and wish lists by in-house counsel and outside counsel are fundamentally ... Read More »

8 LexisNexis Tech Webinars or Events for July

9 LexisNexis Tech Webinars or Events for July

There are a number of events coming up in the next thirty days, although one of them will occur on the last day of June rather than in July.  We’ve made it easy for the witness to spot which one in this line up:  its number #1 and coincidentally the subject of that event is a top priority for many law ... Read More »

The 10 Most Popular Business of Law Blog Posts Among 70

Metrics Invoices and LMA The Most Popular Among 70 Blog Posts-head

In the 90 or so days spanning the months of March, April and May (2015), we’ve published upwards of 70 posts.  It’s always interesting to see what posts resonate with the legal community, so what follows below is a summary of the top 10 posts for the last three months. It’s worth noting the analysis is driven by reader clicks ... Read More »

Tech Savvy as a Source of Law Firm Innovation

Tech Savvy as a Source of Law Firm Innovation

More and more law firms are embracing technology as a means to improve client experience, according to BTI Consulting. A survey of corporate counsel conducted by the research firm found “9% more law firms using technology as a source of innovation in 2015.” The statistic is just one slice of data from a larger study – the BTI Brand Elite ... Read More »

The 6 New Laws of Business Development for Firms [LMA Recap]

The 6 Laws of New Business Development for Firms

For law firms, “the world of profitable opportunities is shrinking rapidly,” said Darryl Cross. His perspective was part of a standing-room only presentation made at the 2015 LMA conference.  Mr. Cross walked through a series of slides with several data points including some drawn from the CounselLink Enterprise Legal Management Trends Report. “Profitability is going backward,” he noted, suggesting that ... Read More »

LMA Recap: Changing the Legal Industry Perception of Sales

Changing the Legal Industry Perception of Sales-middle

It’s all a misunderstanding, according to Dan Pink.  Most people, let alone lawyers and legal professionals, associate the word “sales” with adjectives like “sleazy” or “yuck” or “pushy.” That view he says, is a hangover of sorts from an asymmetrical world where sellers had more information than buyers.  Car sales are the quintessential example.  At one time, the trade in ... Read More »