While cloud-based legal technology is not new, it is newly available for mid-sized law firms, which seem ready and eager to move to the cloud.Read More
Law firms often confuse business reporting with BI, but one assesses the past while the other enables partners to shape the future.Read More
A series of large law work-from-home announcements speak volumes to the technology and cultural changes that have been underway for some time.Read More
Law firms are shifting from partnerships to businesses said a prominent legal pricing strategist; here are some of the key theme we can expect to see along the way.Read More
The survey notes law firms continue to face intense competition from new, alternative and traditional sources, including clients, which have increasingly taken more work in-house for the last several years.Read More
What is the state of alternative fee arrangements (AFAs) in 2017? The proverbial legal answer – “it depends” – could well be an appropriate answer. This is because credible arguments can be made both for and against AFAs.Read More
In many law firms case management technology has been traditionally perceived as a workflow solution almost exclusively for the high-volume and low-margin category of legal work.Read More
What role will the cloud have in the law firm technology stack of the future? It’s a challenging question to answer because the legal community is divided on the benefits and drawbacks of the cloud. What one law firm sees as a benefit, another cites as a risk.Read More
The legal market is enduring drastic change. The business model, the source of competition and the technology that enables the business of law, are all evolving. While there’s been a great deal of academic emphasis placed on preparing emerging lawyers for such the change – practicing lawyers have been […]Read More
What should legal services cost on a per square foot basis? That’s the sort of pricing pressure a real estate development client once placed on a large law firm – and amazingly the firm was able to accommodate the client.
Real estate clients just “think” in terms of square footage […]
The vast majority of law firm leaders believe pricing pressures, competition and the need for efficient legal service delivery are permanent trends. That’s according to the 2016 Law Firms in Transition report by Altman Weil.
In other words, this is the new normal and demand for legal services will never […]
I’d estimate the average person uses just 15% or so of the capability available in a conventional word processor, spreadsheet or presentation software. This means upwards of 85% of the available functionality in desktop tools found in the typical productivity suite goes unused, oftentimes needlessly complicating tasks and confusing […]Read More
Law Firms, Legal Tech and Remaining Curious: Five Questions with Aderant President Deane Price
The legal industry is in a period of evolution. While we’re not going back to the pre-recession days of annual rate hikes – this isn’t the new normal either. The business of law will continue […]
There’s an old adage in marketing that half the budget is wasted, we just don’t know which half. The same might be true for law firm lateral hiring, as stated by a recent ALM survey which found a disconnect between the goals and results of these programs.
Most law firms […]