Good Overview of the Legal Market
Consulting firm Hildebrandt and The Law Firm Group of the Citigroup Private Bank, which works with many of the leading law firms, have just released their 2005 Client Advisory. The combination of Hildebrandt’s strategic insight with Citigroup’s financial insight yields a very useful look at...
Ron Friedmann,
21 years ago
1 min read
Lawyers Migrating and the Long Tail
I hope the cryptic title piques your curiosity. It’s inspired by Group Mentality: Lawyers Are Moving to New Firms En Masse on law.com and Rick Klau’s KM blog post The Long Tail and KM. They raise questions about institutional and personal motivation to do KM. ...
Ron Friedmann,
21 years ago
3 min read
Consolidation in E-Discovery
A prior post reported on EDDix’s finding that the e-discovery vendor market would consolidate. Yesterday another acquisition occurred. FTI Consulting has acquired Ringtail, according to an FTI press release. In my view, law firms need not yet worry about the reduction in number of vendors....
Ron Friedmann,
21 years ago
1 min read
Boom in Compliance Training
Though online legal services may have plateaued (see here), a Wall Street Journal article yesterday reports that online compliance training is booming. In Training Firms Find Niche in Compliance Needs (subscribers to online WSJ, click here), the Journal reports on systems to educate workers and...
Ron Friedmann,
21 years ago
2 min read
Clients Paying for KM – Speaker Materials
At Legal Tech a few weeks ago, I moderated a session on clients paying for KM (and posted about it here). Now, with the permission of panelists Christian Liipfert and Jeff Rovner, I am posting pre- and post- panel materials. Christian Liipfert of BP America...
Ron Friedmann,
21 years ago
5 min read
Excellent IT Staffing Survey
Large law firms CIOs and IT managers frequently benchmark their operations against the competition for their own purposes or in response to firm management. The International Legal Technology Association (formerly LawNet) has recently released an excellent IT staffing survey to help in this regard. And...
Ron Friedmann,
21 years ago
2 min read
Evidence-Based Law
Lawyers use evidence to prove a case. Why not apply that same discipline to law practice itself? Medicine is adopting an evidence-based approach, relying on well-controlled studies to determine which diagnostic tools and treatments work best. An article about contract attorneys makes me think the...
Ron Friedmann,
21 years ago
2 min read
Rating Lawyers, Market Discipline, and Legal Technology
Has the time come to create a Zagat-type service to rate AmLaw 200 firms and their lawyers? Do clients sometimes feel that, in spite of overall good results, large law firm service is just not what it should be? I started thinking about this question...
Ron Friedmann,
21 years ago
2 min read
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