Law Departments Have Growing Choices – Should Law Firms Worry (More on Axiom Law and Other Alternatives)
Recent commentary suggests that large law firms have 10 to 15% too much capacity. If so, we can expect to see further BigLaw shrinkage. In contrast, alternative legal providers continue to grow and offer innovative services. What can we learn from these alternatives? Last week,...
Ron Friedmann,
13 years ago
8 min read
Law Factory Re-Visited and Staying Ahead of the Law Robots
If hotels can run multiple brands in a single location, can lawyers run multiple business lines in one firm? In 2011, I explained “law factory” and “bet the farm” firms by analogy to Hilton Hotels’ multiple brands, Hampton Inn being the factory, Ritz Carlton the...
Ron Friedmann,
13 years ago
2 min read
ACC 2013 Value Champions Suggest Bright Future for Law Firm Alternatives
The ACC recently announced its Value Champions winners of its 2013 Value Challenge in its article More Corporate Law Departments Turn to Legal Support Services to Reduce Excessive Fees. Winners have several common elements: Move more work inhouse Reduce the number of outside law firms (“convergence”)...
Ron Friedmann,
13 years ago
5 min read
Contradictory BigLaw Trends – The Mixed News of the Day
Normally I don’t just dash off a blog post and list articles. The news today, however, calls some quick links and comments. The New York Times Dealbook reported this morning Big Law Firm to Cut Lawyers and Some Partner Pay. Weil Gotshal is set to...
Ron Friedmann,
13 years ago
3 min read
Recent News, an LPO Article, and 4 Video Interviews
I am writing a round-up post to highlight recent news, a recent article I wrote about LPO, and four video interviews I conducted. The State of Legal Process Outsourcing (LPO). I wrote an article on the state of LPO, Client market power means continuing cost-cutting,...
Ron Friedmann,
13 years ago
2 min read
Is E-Discovery Due Process Argument Just Predictive Coding in Hiding?
Regular readers may realize I have written little about e-discovery recently: I lost interest in the predictive coding debates. Long ago I concluded that “smart” software, guided by discovery professionals, beats armies of lawyers conducting linear review. Now, however, an article by three Skadden Arps...
Ron Friedmann,
13 years ago
4 min read
Legal Outsourcing Widely Accepted but Not All that Popular
In a forthcoming article on legal process outsourcing, I conclude that LPO “is just one of many alternatives to large law firms… just a small part of a new legal landscape.” Since I submitted it for publication, Altman Weil released its 2013 Law Firms in...
Ron Friedmann,
13 years ago
2 min read
Closing the Gaps in BigLaw Performance – Can We Do It?
From the macro to the micro, from strategic direction to execution details, law firms face challenges. Several news items and blog posts last week take us through these pressing legal market questions. The Strategic Overview. Bruce McEwen in A law firm taxonomy: Introduction (21 May...
Ron Friedmann,
13 years ago
4 min read
Archives
Blog Categories
- Alternative Legal Provider (44)
- Artificial Intelligence (AI) (57)
- Bar Regulation (13)
- Best Practices (39)
- Big Data and Data Science (14)
- Blockchain (10)
- Bloomberg Biz of Law Summit – Live (6)
- Business Intelligence (21)
- Contract Management (21)
- Cool Legal Conferences (13)
- COVID-19 (11)
- Design (67)
- Do Less Law (40)
- eDiscovery and Litigation Support (165)
- Experience Management (12)
- Extranets (11)
- General (194)
- Innovation and Change Management (188)
- Interesting Technology (105)
- Knowledge Management (229)
- Law Department Management (20)
- Law Departments / Client Service (120)
- Law Factory v. Bet the Farm (30)
- Law Firm Service Delivery (128)
- Law Firm Staffing (27)
- Law Libraries (6)
- Legal market survey featured (6)
- Legal Process Improvement (27)
- Legal Project Management (26)
- Legal Secretaries – Their Future (17)
- Legal Tech Start-Ups (18)
- Litigation Finance (5)
- Low Cost Law Firm Centers (22)
- Management and Technology (179)
- Notices re this Blog (10)
- Online Legal Services (64)
- Outsourcing (141)
- Personal Productivity (40)
- Roundup (58)
- Structure of Legal Business (2)
- Supplier News (13)
- Visual Intelligence (14)