If the equation for return on investment (ROI) equals the gain from an investment, minus the cost of the investment, and in turn divided by the cost of the investment, then the ROI for law firm practice management could exceed 4000%. This estimate comes from a report published by Blue Hill Research titled Building a Business Case for Law Practice ... Read More »
A recent InsideCounsel webinar titled Cloud E-Discovery: Solving the Right Problems with a Modern Approach raised some though-provoking ideas about the cloud and it’ effect on eDiscovery. The session, which counted a well-balanced panel representing corporate legal operations, legal technologists and cloud vendors, presented both challenges and opportunities for eDiscovery in the cloud. The presentation – which included an interesting ... Read More »
It was a first degree charge in a matter of closure – a case of a case that could not be closed in a cloud-based tool for law firm practice management. That was true, however in the latest update to our Firm Manager product we’ve added that capability – and we’d like to believe it’s a demonstration of how responsive we ... Read More »
Sequestered away in a session at LegalTech NY last February, a semi-secretive appellate court heard arguments from attorneys arguing on behalf of both cloud-based and premise-based law firm practice management tools. Cameras were not permitted in courtroom, but over the weekend, an audio recording of the hearing surfaced on the internet was obtained by this blog. The acting justices included ... Read More »
Cloud-based tools for practice management have gained substantial traction in 2014. There has for example, been some $458 million invested in legal start-ups in the last year or so. That’s up from just $66 million year-over-year – and sizable portion of that is going toward cloud-based products and tools aimed at the legal industry. There’s good reason too: Multiple market ... Read More »
Lawyers can’t just get by with a basic understanding of technology, says Jeffrey Taylor, an attorney in Oklahoma who has been managing a small law practice for about six years. Full-time Mr. Taylor runs Absolute Legal Services, LLC and part-time he pens a law blog called The Droid Lawyer, which is a fantastic resource for lawyers interested in tapping the ... Read More »
Note: This post was originally posted by Christopher T. Anderson, who previously served as a LexisNexis product manager. Today at LegalTech New York 2014, we’ve launched new visions for the LexisNexis Firm Manager solution, a law firm practice management tool based in “the law cloud.” What makes it so different? It was designed by attorneys, for attorneys. It’s literally been in ... Read More »
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