Break the Law Firm Business Model
The true barrier to law firm innovation is the firm’s insistence on measuring value — both external to the client and internal within the firm — on the basis of lawyers’ time and effort.
Source Jordan Furlong|2018-02-25T12:20:10+00:00Dec 19th, 2017|Categories: Post|Tags: Innovation, Law Firms, Outside Counsel|
The true barrier to law firm innovation is the firm’s insistence on measuring value — both external to the client and internal within the firm — on the basis of lawyers’ time and effort.
Source Bill Henderson|2018-02-25T11:35:43+00:00Nov 6th, 2017|Categories: Post|Tags: Communication, Strategy|
Consultative sales works best when prospective clients are struggling to understand their own business challenges and your products provide the best solutions to those challenges.
Source Corproate Counsel|2018-02-25T11:23:06+00:00Oct 31st, 2017|Categories: Post|Tags: AI, Technology|
An introduction into some of the issues to consider in using AI in law.
Source The American Lawyer|2018-02-25T11:54:33+00:00Oct 26th, 2017|Categories: Post|Tags: Finance, Law Firms|
A discussion of of law firm profitability and the use of equity partner compensation as profit.
Source The American Lawyer|2018-02-25T12:04:27+00:00Oct 26th, 2017|Categories: Post|Tags: Finance, Law Firms|
An exploration of law firm profitability that challenges the notion how profits are calculated.
Source Raconteur|2017-10-26T08:22:16+00:00Oct 26th, 2017|Categories: Post|Tags: Project Management|
Interesting infographic showing the salary ranges or project managers in the U.k. View the infographic.
Source Corporate Counsel|2018-02-25T11:40:47+00:00Oct 25th, 2017|Categories: Post|Tags: Finance, Guidelines, Law Firms, Legal Operations, Outside Counsel|
Law department cost control continues through outside counsel management strategies and internal hiring.
Source Peter Krakaur|2017-10-24T10:51:42+00:00Oct 24th, 2017|Categories: Post|Tags: AI, Collaboration, Communication, Expert Systems, Knowledge Management, Legal Operations, Robots, Technology|
QnA Maker is a free, online service that enables the creation, training and publication of a Q&A bot. Knowledge and operations professionals may want to explore it to surface otherwise hidden answers and knowledge in your website, intranet, portal, etc.
Source ACC Docket|2018-02-25T12:13:47+00:00Oct 23rd, 2017|Categories: Post|Tags: Data, Data Analytics, KPIs, Legal Operations, Metrics|
A discussion of 8 KPIs that law departments can track to measure impact.
Source Wired|2017-10-16T13:46:34+00:00Oct 16th, 2017|Categories: Post|Tags: Cybersecurity, Security, Technology|
A new vulnerability in all wi-fi enabled devices was announced today impacting the typical way many of us access wi-fi networks (WPA2 personal). Initial reports suggest Android and Linux users [...]