Big Legal Market Shift Today + What It Might Mean
This morning a big legal market shift occurred: a traditional UK law firm, albeit one publicly traded, acquired a well-established managed legal services providers (AKA legal process outsourcing provider (LPO) or alternative legal service provider (ALSP)). What does this mean and why. Please note I...
Ron Friedmann,
6 years ago
4 min read
Law Firms Disrupted – Disputing the TR View
Thomson Reuters today released its annual law firm report, 2020 Report on the State of the Legal Market, prepared with Georgetown University Law Center, suggesting law firms disrupted. I agree in part with its conclusions but disagree that large law firms are at a unique...
Ron Friedmann,
6 years ago
5 min read
The State of Alternative Legal Service Providers
The report Alternative Legal Service Providers 2019 was released last week. Perhaps influenced by the subtitle, “Fast Growth, Expanding Use and Increasing Opportunity”, the many articles covering it suggested the findings portends trouble for law firms. I read the report differently. Below, I focus on...
Ron Friedmann,
7 years ago
5 min read
Legal Innovation – Revolution or Evolution?
Is legal innovation a revolution or evolution? Regular readers know I come out on the latter. I do a deeper dive here drawing on recent news. (Note at the end I share details on an upcoming legal innovation event.) $65M Investment in Atrium –...
Ron Friedmann,
7 years ago
8 min read
A Day of Legal Innovation in London: Client Innovation Space + Flex Staffing
It may only be Tuesday, but is has already been an eventful week in innovation news from the London legal market. Two Magic Circle firms and one Top 30 firm made noteworthy announcements today. Here is a quick recap, some additional insight from an email...
Ron Friedmann,
9 years ago
4 min read
Legal Operations – What We Know Now
Legal business operations, especially in corporate law departments, is on the rise. Lawyers in both law firms and law departments require an array of business and administrative support. That support makes a huge difference to legal cost, effectiveness, quality, and turnaround times. Yet operations receives less media coverage than,...
Ron Friedmann,
9 years ago
5 min read
The Next Step in Large Law Firm Low Cost Service Centers
Large law firms continue to open low cost service centers. That’s barely newsworthy after so many US and UK firms have done so. Firms with low cost centers in the US include Hogan Lovells, Littler, DLA Piper, Sedgwick, Kaye Scholer, White & Case, Pillsbury, and Wilmer Hale. From...
Ron Friedmann,
10 years ago
2 min read
Are Firms Succeeding with Low Cost Service Centers? (Live from Ark Library)
This is a live blog post from the Ark Best Practices & Management Strategies for Law Firm Library, Research & Information Services conference in NYC. The topic of this session is “Service Delivery Transformation: Are Firms Having Success On-shoring Back-Office Operations?“. Onshore back-office operations are a subset of the broader...
Ron Friedmann,
10 years ago
6 min read
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