Taking the LPO Temperature: Warm, Getting Hot, But Doubts
What’s the current state of legal outsourcing? Depends on what factors you give the most weight to. Four items came together this week to provide excellent perspective on legal process outsourcing (LPO). US Legal Outsourcing $2 billion by 2013. Over at Integreon.com (my employer),...
Ron Friedmann,
17 years ago
4 min read
KM Leader Oz Benamram Moves to White & Case
One of the leading KM professionals in the legal market has changed firms. Effective December 1, 2008, Oz Benamram is the Chief Knowledge Officer (CKO) at White & Case, responsible for developing and implementing the systems and processes to capture and share the firm’s collective...
Ron Friedmann,
17 years ago
1 min read
Future Law Department Spending and Work Pattern Trends
Another day, another survey, this one of law departments. American Lawyer Magazine, Legal Onramp, and law department consultant Rees Morrison produced an interesting, forward-looking survey. The Change Agenda: Looking Ahead (American Lawyer Magazine, Dec 2008) reports on a survey written and analyzed by Rees Morrison...
Ron Friedmann,
17 years ago
3 min read
Highlights of Law Firm Leaders Survey 2008 by law.com
American Lawyer magazine published in its December issue a survey of law firm leaders. Some interesting results on legal process outsourcing (LPO) and client interviews. For AmLaw’s take on their own survey, read Annual Survey Shows Law Firm Leaders Wary but Confident. I found two...
Ron Friedmann,
17 years ago
1 min read
CFOs Put Legal Cost Under Microscope – Do They Understand What They See?
One reason legal costs are high is that the customers – general counsels – are cut of the same cloth as their BigLaw suppliers. I’ve predicted that CFOs would need to step in to wrestle control of legal costs (see, e.g., Who’s Failing – Clients...
Ron Friedmann,
17 years ago
2 min read
Roundup (1 Dec 08): BigLaw Alternatives, Inhouse Perspective, Social Media Challenges, LPO Articles, BigLaw Blogging
In this Roundup: new alternatives to BigLaw, inhouse perspectives, social media challenges, LPO articles, and BigLaw blogging. Managing Legal Costs: Focus on Process, Not Price Jordan Furlong, in Decoupling price from cost in legal services, provides examples of the growing alternatives to BigLaw. He also...
Ron Friedmann,
17 years ago
2 min read
JD as Job Credential for non-Law Jobs: Mistaking Cause and Effect?
I am taking a holiday weekend liberty to diverge a bit from my usual topics. As a non-practicing lawyer, reading Is the Versatility of a Law Degree Just a Myth? (The National Law Journal, 1 Dec 2008), I answer yes.” The money quote: “Law schools...
Ron Friedmann,
17 years ago
2 min read
Controlling Cost to Increase Profits
“You can’t save your way to growth” is a common refrain. In the current economic turmoil, however, growing revenue is hard so the focus must be on cost control. A recent report, article, and conference session drive home this point. Hildebrandt is a leading legal...
Ron Friedmann,
17 years ago
1 min read
Could BigLaw Unravel
Could BigLaw follow Wall Street in unraveling? Few saw that Wall Street Masters of the Universe were really Naked Emperors? Michael Lewis, of Liar’s Poker, writes in The End (Portfolio.com, 11 Nov 2008) about a few who did see the emperor had no clothing. Could...
Ron Friedmann,
17 years ago
1 min read
Help for Laid Off BigLaw Associates (and musings on social networks)
If you are friends with any associates laid off from large law firms, point them to Legal OnRamp for networking and resources. Legal OnRamp (LOR) is a social networking site exclusively for legal professionals. LOR is primarily for inhouse lawyers but is currently inviting laid-off...
Ron Friedmann,
17 years ago
1 min read
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