The Rise of Legal Project Management
Legal project management (LPM) seems to be making major inroads into the profession. Back in April, the legal press carried two reports of interest. First, McCarthys’ project management plan in Financial Post (14 April 2010) reports that Canadian firm “McCarthy Tetrault is launching a technology...
Ron Friedmann,
16 years ago
3 min read
InnovAction Awards 2010 – Innovation as Antidote to New Normal
As I noted in my prior post, the new normal for BigLaw looks bad. Hiring armies of associates and raising rates, once the magic elixir, is now the poison hemlock. Firms need to differentiate and provide more value. And that means – gasp – innovation....
Ron Friedmann,
16 years ago
1 min read
BigLaw New Normal Looks Bad – More ‘WilmerHale Moves’ Coming?
More evidence has come in that the new normal for large law firms looks bad: the Hildebrandt Baker Robbins Peer Monitor Economic Index (PMI). This index is a function of demand (billable hours), productivity (hours per lawyer), rates, direct expenses, and overhead expenses. The 2010...
Ron Friedmann,
16 years ago
2 min read
EDD Search Tools: My Conversation with Cataphora
One of the most interesting ongoing electronic discovery questions is the role and importance of search tools in document review. I recently spoke with Jonathan Nystrom and Dick Oehrle of Cataphora about this and related issues. Cataphora develops powerful language analysis software. Its pattern recognition...
Ron Friedmann,
16 years ago
3 min read
Knowledge Managers, Librarians, Practice Support, and Business Analysis
Mary Abraham’s recent blog post Librarians vs Knowledge Managers? created a bit of controversy over the role of both. At the risk of adding fuel to the fire… In her post, Mary reports and comments on librarian Morgan Wilson’s post reflection on KM and libraries...
Ron Friedmann,
16 years ago
2 min read
Large Law Firm 2009 Financial Performance – An Analysis by Steve Nelson of TMG
This week I read an excellent analysis of BigLaw financial performance. I share it here and add a few comments. My friend Steve Nelson of The McCormick Group, an executive search firm with a big legal practice, is an astute observer of the legal...
Ron Friedmann,
16 years ago
4 min read
Open Source Law – How Big a Savings?
Here’s a thought experiment designed to think about knowledge management, open source law, and the process of law practice. The goal is to identify one way lawyers might save time and money and deliver more value to clients. In a thought experiment, we can throw...
Ron Friedmann,
16 years ago
4 min read
Legal Tech Meets Law Firm Strategy
Lawyers who still secretly think technology will go away now need to give up hope. Some might think that by now, all lawyers lovingly embrace tech. Not if we judge by the number of litigators who still don’t get e-discovery. But I digress. Today the...
Ron Friedmann,
16 years ago
2 min read
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