Strategic Legal Technology Blog

Hedge Funds and Law Firm Efficiency

Two years ago I suggested in a Marketplace Trial that “a financial market to value and hedge law suits” could emerge. Hedge funds are on edge of making that happen. Hedge Funds Find Returns in Making Small Loans in the New York Times (2/21/06, $)...

Ron Friedmann, 20 years ago 1 min read

Management and Technology

Getting Serious about Change Management

Lawyers dislike change. They resist the new, whether it’s an application upgrade or submitting time by deadline. Firms must be creative about change management. Another good example is customer relationship management software (CRM). Many law firm managers say “CRM is the most widely licensed but...

Ron Friedmann, 20 years ago 1 min read

Knowledge Management

New National KM Group

Last fall I wrote about an effort to form a new national knowledge management group. The group now exists as the KM peer network of the International Legal Technology Association (ITLA). Here is the ILTA announcement circulated late last week: “We are happy to announce...

Ron Friedmann, 20 years ago 3 min read

eDiscovery and Litigation Support

Evidence of E-Discovery Consolidation

A newly published survey suggests that the e-discovery market is consolidating. Growth Curve, the AmLaw Tech column in the February 2006 issue of American Lawyer Magazine, presents the e-discovery portion of the results of a recent survey administered in connection with the Litigation Department of...

Ron Friedmann, 20 years ago 1 min read

Management and Technology

Working Virtually – Judge Posner’s Take

Judge Richard Posner has an interesting take on what will drive (so to speak) law firms to allow lawyers to work virtually. I have suggested that law firms experiment with virtual work (e.g., Working Virtually Revisited) and written about related topics (e.g., Where Should In-House...

Ron Friedmann, 20 years ago 1 min read

Knowledge Management

Good KM Article in National

US legal trade press coverage of knowledge management seems to have declined in the last few years. In Canada, by contrast…. . The National is the magazine of the Canadian Bar Association. Knowledge Uprising by Patti Ryan in the Jan/Feb 2006 issue (flash or PDF...

Ron Friedmann, 20 years ago 1 min read

Knowledge Management

KM Morphing into Practice Support Consulting?

I recently reported that only 49% of large law firms have someone in charge of KM (knowledge management). What’s the deal? I’ll ask a panel that question at an upcoming KM conference. The Ark Group’s “Knowledge Management for the Modern Law Firm” conference is on...

Ron Friedmann, 20 years ago 1 min read

Law Departments / Client Service

Where Should In-House Counsel Sit?

Well-known management consultant Rees Morrison suggests that law departments Keep your lawyers on the same floor! Is that right? Morrison cites a Harvard Business Review article that finds “employees who work on different floors interact 50% less than those who work on the same floor.”...

Ron Friedmann, 20 years ago 1 min read

Interesting Technology

Legal Tech Conference 2006

Well, after three intense days, Legal Tech is over. This annual gathering seems to grow every year. Here then are my observations. I spent most of my time with clients and in one-on-one meetings. So I can’t offer the first-hand report I had hoped. For...

Ron Friedmann, 20 years ago 1 min read

eDiscovery and Litigation Support

The Legal Tech “Elevator Index”

Legal Tech is beginning. The Hilton in NYC is already buzzing with attendees on Sunday night. Even before the show, the elevators tell a story. For the last few years, a Legal Tech vendor has an ad running on continuous loop on the closed circuit...

Ron Friedmann, 20 years ago 1 min read

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