With Apologies to the University of Chicago School of Economics
“Whatever is, is right”. This statement epitomizes the University of Chicago School of Economics and its laissez-faire approach to economics: the market is always right, so whatever you find in the market, that’s just fine. Today, flying to Chicago for the annual meeting of...
Ron Friedmann,
17 years ago
1 min read
Will General Counsels Change the Market? New GC Survey at Legal Onramp
Do general counsels exercise their market power to influence outside counsel or just complain? In June I wrote a “Modest Proposal” to regulate large law firms. My satire poked fun at the fact that GCs often complain about outside counsel yet rarely seem to use...
Ron Friedmann,
17 years ago
2 min read
Legal Process Outsourcing Roundup
Three recent items about legal outsourcing caught my eye. Prediction: LPO Market Will Be $2B in Four Years Infosys, a major Indian outsourcing company, entered the legal process outsourcing market recently. The director and head of human resources is quoted in Infy to add 13,000...
Ron Friedmann,
17 years ago
1 min read
The Growing Cost of E-Discovery
The Wall Street Journal today reports on an upcoming survey on the growing cost of e-discovery costs. Digital Data Drive Up Legal Costs (WSJ, 6 Sep 08) reports on a survey by American College of Trial Lawyers and the Institute for the Advancement of the...
Ron Friedmann,
17 years ago
1 min read
Legal Outsourcing Article on LLRX and at Above the Law
For those interested in legal outsourcing, you may find helpful my outsourcing article on LLRX.com from earlier this week. Why and What Lawyers Should Consider Outsourcing (LLRX.com, 1 Sep 2008) is an overview of legal process outsourcing. I was flattered to receive the “Above the...
Ron Friedmann,
17 years ago
1 min read
Allen & Overy Launches docGenix
Magic Circle firm Allen & Overy has launched a separate entity to apply technology to solve a commercial contracting challenge. A&O launches document management company reports on A&O’s launch of docGenix, whose “mission is to develop innovative legal documentation risk management solutions for the international...
Ron Friedmann,
17 years ago
1 min read
Does Your Managing Partner or GC Blog (internally)?
Good leaders communicate effectively and frequently. How many large law firm managing partners or general counsels use blogs to communicate internally? I’ve frequently written about the marketing benefits of large law firms blogging. The Wall Street Journal reports today, in Design for Learning: RISD Gets...
Ron Friedmann,
17 years ago
1 min read
Experience Location on Steroids (More from IBM)
Anyone interested in experience location should read the cover story of the current issue of Business Week (8 Sep 2008) about research underway at IBM. Management by the Numbers (subscription required) is an excerpt of a book by Stephen Baker. The article sub-title says it...
Ron Friedmann,
17 years ago
2 min read
Access Litigation (DC) Acquired by Edmond Scientific Company
Another e-discovery acquisition. Access Litigation, a DC-based litigation support and e-discovery provider plus developer of NatiView Analytics, has been acquired by Edmond Scientific Company. I could not find press releases on either company’s web sites but the Washington Business Journal reports this in Edmond Scientific...
Ron Friedmann,
17 years ago
1 min read
Roundup: Legal IT Underwhelms GCs; Legal Tech Reviews; KM; British Legal Blogging; Pfizer Legal Fee Capss
In this Roundup: GCs not impressed with law firm IT; web site that aggregates legal technology software reviews; the demise of “command and control” in KM; legal blogging weak in the UK; Pfizer capped legal fees get it only partly right. Inhouse Law Department Views...
Ron Friedmann,
17 years ago
2 min read
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