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Tag Archives: legal industry study

SlideShare Friday: The 2016 Outlook for the Legal Profession

The 2016 Outlook for the Legal Profession

In just about two weeks, we’ll be headed into the fourth and final quarter of 2016.  Strategic planning for the next year, if it hasn’t already started, is likely to begin in earnest. Robert Half Legal recently published survey data on the outlook for 2016, which looked at both demand and compensation expectations.  The presentation is embedded below and it’s ... Read More »

4 Takeaways from the InsideLegal and ILTA Purchasing Survey

4 Takeaways from the InsideLegal and ILTA Purchasing Survey

The 2015 InsideLegal and ILTA Purchasing survey is out and provides a 10,000 foot view of insights from senior legal tech professionals as to budgets, opportunities and challenges facing the ILTA community.  The 2015 survey marks the 10th year running for the benchmark survey, which this year, earned 184 responses, or 14% of the 1,232 law firms invited to participate. ... Read More »

Legal Market Review:  Small Firms Struggle in the South

Legal Market Review Small Firms Struggle in the South-head

Law firm consulting group, PerformLaw recently published a series of legal market reviews providing an analysis of attorney headcounts at law firms in six demographic regions.  In some cases, the reports look at a single city, while in others it provides a view of a larger geographic area. “All of the markets are generally flat, but inside the data are ... 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 »

A Cheat Sheet for 5 Recent Legal Industry Studies

A Cheat Sheet for 5 Recent Legal Industry Studies

The volume of digital information created everyday is eight times greater than that in all U.S. libraries.  It’s daunting to say the least and the legal industry too produces an impressive volume in the form of data, surveys and reports. Over the last few weeks, there have been a flurry of legal industry studies published, and while we haven’t gotten ... Read More »

What are the Going Law Firm Billing Rates by Practice Area?

Going bill rates by practice area - small

The first of six key metrics in the newest edition of the Enterprise Legal Management Trends Report covers the going law firm billing rates by practice area.  The data is based on $18 billion in legal invoices processed through the CounselLink systems since 2009. The data presented in the chart nearby (click here or image for higher resolution), is a ... Read More »

5 Takeaways from the 2015 Litigation Trends Survey

5 Takeaways from the 2015 Litigation Trends Survey

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. Class action lawsuits are the number-one litigation issue on the minds of in-house counsel at companies in the U.S., Canada and Australia, according to a new survey. The global law firm Norton Rose Fulbright released its 2015 Litigation Trends ... Read More »

Infographic: How $3 Billion is Spent in IP Litigation

thumnail-three-billion-IP-litigation

BTI Consulting estimated that corporate legal spending for IP litigation neared $3 billion dollars in 2014.  “The typical larger company is expecting 44 more substantive matters than 2013, with increases taking place across almost all major fronts,” according to an blog post by the consulting firm. How is that money being spent?  A new analysis by the CounselLink® team – ... Read More »

Legal Spend Trend: Big Law Winning More IP Litigation Work

CounselLink-ELM-Trends-Litigation-market-share-bolb

A new edition of the CounselLink Enterprise Legal Management Trends Report finds the largest of law firms – those with 750 or more attorneys – are winning market share in highly competitive IP litigation work.  An announcement published online notes: The largest firms are winning a growing share of market in IP litigation – from 36% in 2011 to 61% ... Read More »

Friday Share:  The Top Law Firm Challenge in 2015

Friday Share The Biggest Law Firm Challenge in 2015

Keeping pace with technology – it’s the top law firm challenge according to a poll of attendees at ABA TECHSHOW®.   Economic pressures, follows a close second amid an industry climate where clients are expecting more for less from legal service providers. Retaining clients, files sharing security and collections rounded out the results with a handful of respondents citing “other” as ... Read More »