New Software to Manage Deals (DealStage)
I recently saw a demo of DealStage, software designed to help lawyers manage deals. The company bills its software as enabling “attorneys & transactional professionals to better manage the deal process lifecycle from drafting to closing.” Charlie Uniman, a lawyer with years of experience doing deals, is one...
Ron Friedmann,
11 years ago
2 min read
Meet Your New Lawyer, IBM Watson
Will IBM Watson be your new lawyer? Perhaps someday. For now, I tackle an easier question: what role can Watson play in Big Law? I speculate here so welcome comments and corrections. Last week at the International Legal Technology Association annual conference an IBM Watson senior manager presented to an invitation-only meeting of Global...
Ron Friedmann,
11 years ago
4 min read
Maintaining Profitability with New Approaches to Legal and Business Support
Today I presented at the ALA 2014 annual conference on Maintaining Profitability with New Approaches to Legal and Business Support. The slides are below. I previously provided a preview of the talk in my March 2014 blog post, Steps to Survive the Coming Competition. Topics I cover include new forms of competition, steps...
Ron Friedmann,
12 years ago
1 min read
Shifts in the Legal Market Summed Up in 4 Tweets
My post last week, State of the US Legal Market Summed Up in 3 Tweets, showed large law firms responding to flat demand by merging and cutting costs. Like last week, my current Tweets of the Week again happen to tell a story. They offer a look at...
Ron Friedmann,
12 years ago
2 min read
Steps to Survive the Coming Competition
[This post was first published at the 2014 ALA Annual Conference & Exposition Blog on 3 Feb 2014. Conference info here.] Many in the legal market talk about a “New Normal” where margin pressure is the norm. Is this true, and does it matter? Yes, and here’s why....
Ron Friedmann,
12 years ago
3 min read
Is a JD Really Necessary to Do Document Review?
Last week I posed a question on Twitter: “Does a person doing #eDiscovery doc review need a JD? Not asking what market wants. Asking what law / ethics say.” That led to a lively discussion. No one chimed in to say a JD is required....
Ron Friedmann,
12 years ago
2 min read
Do Less Law (ReInvent Law Presentation)
Last week I spoke at ReInvent Law NYC. It is an “open public conference devoted to law, technology, innovation, and entrepreneurship in the legal services industry.” You can see a video recording of my Do Less Law presentation at the Reinvent Law Channel. Below are the...
Ron Friedmann,
12 years ago
1 min read
The New World of Legal Work – Comments on Jordan Furlong Report
Jordan Furlong of Law21 has written a new and provocative study, The New World of Legal Work: The Changing Rules of The 21st Century. It was commissioned by LOD, formerly known as Lawyers on Demand, which is affiliated with UK law firm Berwin Leighton Paisner>. I comment briefly on the report here....
Ron Friedmann,
12 years ago
2 min read
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