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Tag Archives: legal industry study

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 »

Infographic: What Technologies do Lawyers Prefer?

smartphone

We first spotted this infographic on Lawyer Tech Review in a post by Geri Dreiling titled: SaaS, Smart Phones & iPads: Lawyers Surveyed by ABA Reveal Tech Preferences.  We’ve “pinned it” to a board on the social network Pinterest dedicated to legal industry infographics. The data is based on the ABA’s 2011 Technology Survey and we thought it made for ... Read More »

5 Brief Data Points from a Survey of GCs

legal-work-consero

The Concero Group recently released its Winter 2014 General Counsel Data Survey, which is a brief snapshot into the market view from the general counsel perspective. According to Corporate Counsel, an ALM publication: The executive consulting firm, partnering with Applied Discovery, asked 10 questions of GCs who attended a December General Counsel Forum. Consero received 52 responses. While the sample ... Read More »

Study: 2014 Shaping Up as Year of the Law Cloud

law firm cloud survey

How would you describe the cloud to fellow attorneys who were unfamiliar with the technology? “As a fluffy white baby lamb. At least when the weather is nice,” according to one respondent in response to this open-ended question. Quirky?  Yes.  However this survey was aimed at gauging the perception lawyers have of the cloud – and that may well be ... 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: 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 »

5 Takeaways from the Legal Department Benchmarking Survey

legal benchmarking

ALM’s annual survey, the 2013 Law Department Metrics Benchmarking Survey, may give us reason for cautious optimism in corporate law as we head into 2014. “It’s been a long, difficult few years for U.S. corporate legal departments. In the wake of the financial crisis and the Great Recession, many general counsel had to make painful cuts to their ranks and tighten ... Read More »

5 Takeaways from a Law Firm CRM Survey

Barriers-to-CRM-success

Last week we published the results of a new survey on law firm CRM in 2013. Certainly the survey’s purpose was market research, but we also set out to test some of the ideas we’ve heard (and written about) in the marketplace. Here’s what we found at a glance: 1. CRM projects in law firms are maturing. It’s no surprise perhaps that CRM projects ... Read More »

New Survey: Insight Into The State Of Law Firm CRM

Law-firm-CRM-investment

Note:  This post was originally published by Ted Seward. It is never sufficient to just have a CRM system; the real value comes from use.  We recently completed a CRM survey that provides insight into the state of CRM in the legal market. The findings can be summed up by saying: you get back what you put into it. The ... Read More »