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Going Cold Turkey Leads to Cleaner Law Firm Financials

Going Cold Turkey Leads to Cleaner Financials for One Vegas Firm

Note: The following is a post from contributor Carla Del Bove, who provides support to the business of law software product line within the LexisNexis software division. Ever wonder how to motivate a group of resistant legal time keepers and attorneys steeped in old ways embrace a new way of managing financials? According to Barbara Fanning, office administrator for the Las Vegas-based law firm ... Read More »

How Law Firms Plan to Fuel Growth in the Next 12 Months

How Law Firms Plan to Fuel Growth in the Next 12 Months

Competition is the top barrier to growth according to a recent survey of law firms, alongside a deluge of anecdotal evidence.   In response, law firm business development is heating up with the mechanisms ranging from compensation and incentives — to the warming notion of hiring a professional law firm sales force. If the trend towards business development is a strategic shift, ... Read More »

9 Concerns that Keep New Law Firm Owners Awake

9 Concerns that Keep New Law Firm Owners Awake

By no means are new law firm owners alone in the experience of being woken from deep sleep in a state of sweat-soaked angst, any chance of further sleep exhausted. But for attorneys going out on their own to start new firms, the pressures are intense enough to make them feel as if no one else could possibly understand. New ... Read More »

6 Enhancements to LexisNexis Software and Litigation Tools

6 Enhancements to LexisNexis Software and Litigation Tools

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. In recent weeks, the LexisNexis software and technology has rolled out software enhancements for a number of products of interest to the legal tech community. 1. Faster Snapshots of eDiscovery Data A new version of the LexisNexis® Early Data ... Read More »

Moneyball for Lawyers: Hollywood Lessons for Practicing Law

Moneyball for Lawyers

What does a hit movie starring Brad Pitt have to do with how you run your law practice? Plenty. Because just like Oakland A’s General Manager Billy Beane used data analysis to revolutionize the way baseball is played, you can take the same approach to learn how your firm operates –and grow it to its highest possible potential. Data Doesn’t ... Read More »

Unpacking the ABA Tech Survey on Law Firm Security

Unpacking the ABA Tech Survey on Law Firm Security

Recently news broke of the latest findings stemming from the newly released 2015 ABA Technology Survey.  By our count, the complete report, which LexisNexis supported through sponsorship, runs more than 900 pages with an executive summary that alone counts 242 numbered pages. Data providing insight as to the state of law firm security were among the first results widely reported ... Read More »

Infographic: How Clients Find Law Firms

How Clients Find Law Firms

A young girl asked her father about that plastic-wrapped rectangular package.  It had been sitting in the corner of the family’s driveway for several days. As they walked out together to finally pick it up, the father explains the concept of those yellow colored pages in a phone book. Its information, presented alphabetically by topic, so people can find services ... Read More »

The Five Gears Driving Law Firm Profitability

The Five Gears Driving Law Firm Profitability

Cost-cutting can improve margins in the short-term, but profit is just one gear among several affecting law firm profitability, according to a white paper titled Driving Profitability Forward. Gears are a sound analogy for framing the business of law, because while a gear moves independently, as part of a system, gears are interdependent. When one gear falls out of sync… ... Read More »

7 Exceptional Posts Contributed by Legal Experts

7 Exceptional Posts Contributed by Legal Experts

So far this year, we’ve published more than 200 blogs posts but just a handful of them have been contributed blog posts – and those contributed posts are exceptional. Below is a list of seven contributed posts – most of which were published over the summer and might have been missed – which we solicited from legal experts across the ... Read More »

Webinars: eDiscovery CLE and other LexisNexis Events in October

Webinar eDiscovery CLE and other LexisNexis Events in October

Instead of trick or treats, how about CLE credits for Halloween this year? You don’t have to wear a costume to earn the credits, it will take some spookiness out of eDiscovery, and you get a head start on costume ideas.  After all, armed with CLE credits on eDiscovery, you’ll be entitled to splurge on a new super lawyer costume ... Read More »