Five Steps to Reduce Legal Costs
General counsels face pressure to reduce costs. Law firms must offer better value. The “new normal” requires taking five actions:. 1. Do Less : Do only the amount of legal work…
InnovAction 2012 Awards Highlight Legal Project Management and Process Improvement
The College of Law Practice Management announced this week the winners of the 2012 InnovAction Awards. (I am a COLPM trustee.) InnovAction honors innovation in law practice management. This year,…
LexisPSL – Automating and Standardizing Practice Support
Last week, courtesy of Nick West, Director, Legal Markets for LexisNexis UK, I viewed a demo of LexisPSL, an online knowledge management (KM) and practice support tool for UK lawyers…
Resistance is Futile
Sometimes I despair that the legal market never changes. Then I remind myself of the many past changes and signs of more to come. Lawyers may object to change but…
Law Firm Strategy and Execution Taking Center Stage
A new report delivers more bad news about US large law firm performance. What should management do? The just-released Hildebrandt Institute Q2 Peer Monitor Report observes “warning signs are emerging…
IT Spending Shifts to Marketing – Law Firm Implications?
Corporate information technology is shifting from chief information officers to chief marketing officers. Should large law firm CIOs pay attention to this trend? Gartner reports that by 2017, the CMO…
What Law Firms Can Learn from Grocery Stores
Until 2008, demand for corporate legal services grew rapidly. Large law firms could prosper with little attention to strategy or service. Today, however, firms face flat demand plus competition from…
Legal Technology Productivity Quest – Even a Power User Can Learn New Tricks
Many professionals I have seen at a keyboard seem stuck at the Beginner level – even the “power users” among us. So rather than recommending specific tools or tips for…
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