Legal Tech Market: Sizing and Opportunities
After Legal Tech New York in early February, it is easy to forget that legal software includes more than eDiscovery. Today, enterprise legal management software provider Mitratech provides a good reminder. Mitratech’s just-published “Catching the Wave” report sizes the market for legal tech (excluding e-discovery). The survey covers legal...
Ron Friedmann,
10 years ago
3 min read
Knowledge Management Priorities in Large Law Firms – 2016 Survey
Each year, Mary Abraham, Oz Benamram and I organize a meeting of global legal KM professionals to discuss trends, issues, and opportunities. In prep for it, we conduct a survey of invitees in November, December, and January. We use the survey to build our agenda, share some results publicly,...
Ron Friedmann,
10 years ago
6 min read
Data Analytics in Law Firms (Zev Eigen Presentation)
This is a live blog post from a private large law firm meeting. The presenter is Zev Eigen, Global Director of Data Analytics, at of Littler. Zev has practiced in law firms and a law department. He then studied for a Ph.D in data analytics. He joined Littler...
Ron Friedmann,
10 years ago
5 min read
Is Big Law Having Its Kodak Moment?
A recent report suggests Big Law is having its Kodak moment. Before the turn of the century, “Kodak moments” were good. That successful marketing slogan prompted many snapshots. Today, a Kodak moment more likely means a famous company with a fabulous brand and fantastic market share that misses new technology and goes bankrupt. (See,...
Ron Friedmann,
10 years ago
4 min read
Automating Legal Advice: AI and Expert Systems
In 2015, we regularly read about automating legal advice with artificial intelligence (AI), especially with IBM Watson. In my view, the AI smoke – at least as described in many reports – exceeds the fire. In fact, I cannot name a single large law firm that has deployed...
Ron Friedmann,
10 years ago
6 min read
How and Why Law Firms Can + Should Do Less Law (#DoLessLaw)
A just-released report finds that lawyers and law firms can and should do less law. (For background on #DoLessLaw, see my prior post, written with Tim Corcoran, a Taxonomy of Do Less Law). The Legal Leadership Council of CEB published a post (8 Jan 2016), Corporate Law: How to Help Your Team...
Ron Friedmann,
10 years ago
2 min read
The Evolving Corporate Law Ecosystem
The corporate law ecosystem continues to evolve. Twenty years ago, it was just Big Law, a few boutiques, and law departments. Today, new players offer far more choice. I discuss here Crowd & Co, a recent Australian legal market entrant, as an illustration of the ecosystem evolution. Founder Jarred Hardman told me...
Ron Friedmann,
10 years ago
5 min read
Is Legal Ripe for an Uber-like Disruption?
Is legal ripe for an Uber-like disruption? That is the question my friends at Logikcull posed to me when they invited me to an audio interview. My short answer: no! In October 2015, I spoke with Logikcull on innovation and disruption in the legal market. The audio...
Ron Friedmann,
10 years ago
5 min read
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