Law Firm Merger Mania: Does it Really Make Sense?
Large law firms are merging again. The Wall Street Journal has a lead article on the trend today. I wonder though, just who mergers help and how mergers improve value for clients. Over the holidays, I had a conversation with partners from several large law...
Ron Friedmann,
14 years ago
6 min read
Law Firms Adopting Legal Processing Outsourcing Methods
Legal process outsourcing (LPO) hit the legal news almost 10 years ago. Initially, it was controversial. Whatever your views of it, you should note that law firms are now widely adopting its techniques. I first observed the trend of ‘law firms becoming LPO providers’ in...
Ron Friedmann,
14 years ago
2 min read
Using Big Data to Reduce Legal Spend
So, What’s Your Algorithm? headlines a January 4th Wall Street Journal article. It’s a good question for lawyers to consider, especially in-house counsel. The article addresses “How analytics harvested from massive databases will begin to inform our day-to-day business decisions. Call it Big Data, analytics,...
Ron Friedmann,
14 years ago
2 min read
Open Letter to General Counsels: Five Imperatives for 2012
Dear General Counsel: You face ever-increasing pressure to control and predict cost. Here are steps I suggest you take to accomplish this: 1. DETERMINE WHAT PROBLEM YOU NEED TO SOLVE Are you trying to reduce risk? Reduce cost? Improve service to your internal clients? Gain...
Ron Friedmann,
14 years ago
3 min read
Twitter Roundup – Dec 2011
Since not everyone reads Twitter, I reproduce here a selection of my recent Tweets. I am now organizing Tweets by broad topics Mainstream Media Reports on the Legal Market NYTimes: What They Don’t Teach Law Students: Lawyering http://nyti.ms/uhQK6Q || Is there any hope for US...
Ron Friedmann,
14 years ago
2 min read
Open Letter to BigLaw Managing Partners: Four Imperatives for 2012 and Beyond
Dear BigLaw Managing Partner: You recognize that the Old Normal is gone. Inertia may carry you a bit but change looms. If you are not retiring soon or if you want to help your younger partners, you need to take four actions to thrive in...
Ron Friedmann,
14 years ago
3 min read
The New World of E-Discovery: Differentiation Based on Marketing, Positioning & Pricing
I have been doing e-discovery, nee litigation support, since 1989. In the last few years, I have seen the legal market diverge into two new worlds of electronic data and discovery (EDD). How does each look and what does it mean for its inhabitants? [Note:...
Ron Friedmann,
14 years ago
6 min read
Tablets versus PCs
Evan Koblentz of Law Technology News asks today Will Tablets Replace Laptops? I think the answer is yes for some and false dichotomy for many. I was a late tablet adopter, buying an iPad 2 in September of this year. A year earlier, at ILTA,...
Ron Friedmann,
14 years ago
3 min read
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