Another Technology Bubble?
You thought the tech bubble burst a few years ago. Well, some of us who live in a different tech bubble have just experienced a pin prick! Last week Cisco GC Marc Chandler gave a speech predicting, in effect, the demise of BigLaw, largely at...
Ron Friedmann,
19 years ago
1 min read
Driving Law Firm Technology Innovation with Outside Investors
I have posted previously about the UK Clementi reforms that allow outside investment in law firms. Fellow blogger Adam Smith, Esq. reports that several money sources have recently approached large UK firms. His recent post about potential investments in law firms, It’s Happening Sooner Than...
Ron Friedmann,
19 years ago
1 min read
Is Your Law Practice Innovative?
The legal market is not known – yet – for embracing innovation. And the life of a law practice management innovator can be lonely. That can and will change… The College of Law Practice Management (of which I am a trustee) sponsors the InnovAction...
Ron Friedmann,
19 years ago
1 min read
Learning about Innovation from the Legal Academy
You don’t often read about legal market innovation in Business Week. Case Study: Access To Justice – Designing a better user experience of the legal system in the Inside Innovation supplement to Business Week (11/27/06) describes an innovative project at the Chicago-Kent College of Law....
Ron Friedmann,
19 years ago
1 min read
IT: Innovation Driver or Barrier?
BigLaw has become more business-like but much still sets them apart from corporations. One differentiator is the role of information technology (IT) in innovation. Innovation expert Eric Mankin‘s IT & Innovation: Out Of Sync? in Optimize magazine (Oct 2006) explains that IT professionals were a...
Ron Friedmann,
19 years ago
1 min read
Incremental Innovation
Should innovation be sudden, abrupt, and revolutionary? Or should it be incremental? Nicolas Carr, author of the Harvard Business Review article “IT Doesn’t Matter” that stirred much debate, now questions the shibboleth that “If innovation is a good that companies should pursue, more innovation is...
Ron Friedmann,
19 years ago
1 min read
Innovative Law Departments – 2006
InsideCounsel magazine (formerly Corporate Counsel) reports on 10 innovative law departments in what appears now to be an annual feature. The 10 Most Innovative Legal Departments in Corporate America (Sept. 2006, PDF) focuses on new but simple solutions to common law department problems. This year,...
Ron Friedmann,
19 years ago
1 min read
Ditch Infrastructure to Focus on Profit-Making IT
I recently proposed a portfolio approach to evaluating law firm IT and KM projects, suggesting a focus on initiatives that increase profits. Two innovative actions by large UK law firm Eversheds help illustrate the idea. Eversheds set to transfer 90 staff in IT outsourcing deal...
Ron Friedmann,
19 years ago
2 min read
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