Using Big Data to Reduce Legal Spend
So, What’s Your Algorithm? headlines a January 4th Wall Street Journal article. It’s a good question for lawyers to consider, especially in-house counsel. The article addresses “How analytics harvested from massive databases will begin to inform our day-to-day business decisions. Call it Big Data, analytics,...
Ron Friedmann,
15 years ago
2 min read
Open Letter to General Counsels: Five Imperatives for 2012
Dear General Counsel: You face ever-increasing pressure to control and predict cost. Here are steps I suggest you take to accomplish this: 1. DETERMINE WHAT PROBLEM YOU NEED TO SOLVE Are you trying to reduce risk? Reduce cost? Improve service to your internal clients? Gain...
Ron Friedmann,
15 years ago
3 min read
Twitter Roundup – Dec 2011
Since not everyone reads Twitter, I reproduce here a selection of my recent Tweets. I am now organizing Tweets by broad topics Mainstream Media Reports on the Legal Market NYTimes: What They Don’t Teach Law Students: Lawyering http://nyti.ms/uhQK6Q || Is there any hope for US...
Ron Friedmann,
15 years ago
2 min read
Open Letter to BigLaw Managing Partners: Four Imperatives for 2012 and Beyond
Dear BigLaw Managing Partner: You recognize that the Old Normal is gone. Inertia may carry you a bit but change looms. If you are not retiring soon or if you want to help your younger partners, you need to take four actions to thrive in...
Ron Friedmann,
15 years ago
3 min read
The New World of E-Discovery: Differentiation Based on Marketing, Positioning & Pricing
I have been doing e-discovery, nee litigation support, since 1989. In the last few years, I have seen the legal market diverge into two new worlds of electronic data and discovery (EDD). How does each look and what does it mean for its inhabitants? [Note:...
Ron Friedmann,
15 years ago
6 min read
Tablets versus PCs
Evan Koblentz of Law Technology News asks today Will Tablets Replace Laptops? I think the answer is yes for some and false dichotomy for many. I was a late tablet adopter, buying an iPad 2 in September of this year. A year earlier, at ILTA,...
Ron Friedmann,
15 years ago
3 min read
New Surveys Show Still More Talk than Action by Law Departments
Two recent general counsel surveys give us an indication of the current state of legal market. Do you want the good news or bad news first? Below I highlight survey findings by Altman Weil and Corporate Counsel magazine. The italicized leaders are my words /...
Ron Friedmann,
15 years ago
2 min read
To Reduce Legal Spend, Do Less Law
How much “law should we do?” Companies seeking to reduce legal spend need to start by asking this question. General counsels may invest too much solving legal problems. Today, GC control cost measures include moving work in-house, establishing alternative fee arrangements (AFA), and adjusting the...
Ron Friedmann,
15 years ago
3 min read
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