Who Owns the Law? (Live from ReInvent Law)
This is a live post from the Reinvent Law Silicon Valley conference in Mountain View, CA. Please forgive any typos or errors in conveying what speakers say. Who Owns the Law? Ed Walters of FastCase Government works are public so on its face, public owns...
Ron Friedmann,
13 years ago
3 min read
The New Narrative for BigLaw
Earlier today I posted five Tweets that tell a short but compelling narrative of the sea change in the large law firm market in the US and other Anglo nations. 1. Bruce McEwen, aka Adam Smith, Esq., wrote a great series of blog posts called...
Ron Friedmann,
13 years ago
3 min read
The Law of Too Many Words
On Sunday I spent time sipping a coffee outside of Berkeley Law School. I was struck by its facade, pictured below, and what it signals about lawyers. One entrance to the school is a monolithic concrete facade, broken only by two quotes (Cardozo and Holmes)...
Ron Friedmann,
13 years ago
2 min read
Law Firm Alternates Grow Rapidly, Chip Away at BigLaw
Three news items caught my eye last week and help explain the challenges large law firms face. Citi Private Banking, which offers regular and reliable financial analysis of large law firms, reported on 2012 large law firm financial results in Citi: Firms Posted 4.3 Percent...
Ron Friedmann,
13 years ago
3 min read
Two Big US Firms Cut Staff Costs as Legal Tech NY Starts
In what is likely a pure coincidence but one could view symbolically, as Legal Tech New York begins today, articles today report on two large US law firms that have announced significant steps to reduce staff costs. The bigger announcement is Kaye Scholer Latest Large...
Ron Friedmann,
13 years ago
2 min read
The Role of Data Driven Models in Law Practice
A January 2013 Corporate Counsel article explores the potential of data modeling to support compliance with the U.S. Foreign Corrupt Practices Act. It’s great to see lawyers write about data and analytics, though I fear the article sends the wrong message. In What Computer Models...
Ron Friedmann,
13 years ago
3 min read
BigLaw Will Get Serious about Measuring the Cost of Service Delivery and Support
The New York Times reports today on big cuts at Citigroup. The article notes that the CEO called in all business unit heads and asked them “justify the costs associated with their operations”. Consider a similar scene at a law firm: the managing partner calls...
Ron Friedmann,
13 years ago
1 min read
Overview of the New Legal Normal – Report on Futures Conference
Ten days ago I attended the Futures Conference, organized by the College of Law Practice Management and hosted by Georgetown Law (agenda). I report here highlights and lessons I learned. The New Normal of the legal market is all about value for the client. Value...
Ron Friedmann,
13 years ago
5 min read
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