Redesigning Law Firm Knowledge Management (Live #ArkKM)
Redesigning Law Firm Knowledge Management is a live post from the conference Knowledge Management in the Legal Profession, presented by Ark. I post as a session ends, so please forgive typos or errors in understanding. The presenter is Jeff Rovner, Managing Director of Information, O’Melveny &...
Law Firm Innovation Takes More than Talk
(First published by Legaltech News Law Firm Innovation Takes More than Talk on 7 Sep 2018) The legal market remains abuzz with innovation talk and articles. Absent from that discussion, however, is assessing the impact of innovation. I explain here the innovation buzz and assess its current...
Two Paths to Legal Innovation that Changes How Lawyers Work
In my last post, I wrote unless innovation changes how lawyers work, it likely delivers little benefit to firms or clients. Since publishing that post 10 days ago, three recent items suggest two ways to get lawyers to change how they work. Law Department –...
AI Beats Lawyers in NDA Review Accuracy – LawGeex Study
LawGeex, a developer of AI software to review contracts, today released a study that found that AI beats lawyers in the accuracy of reviewing NDAs (non-disclosure agreements). The LawGeex infographic is at https://www.lawgeex.com/AIvsLawyer/ and you can also download the 37-page PDF study from that page. It’s worth...
Knowledge Management Priorities in Large Law Firms – 2018 Survey
I report here on the 2018 Knowledge Management (KM) Summit survey results. The Summit is a meeting of senior knowledge management professionals from large US, UK, Canadian, and Australian law firms. Mary Abraham, Oz Benamram, and I organize the meeting. To prepare for it, we...
2018 Prediction – Lawyers Must Change How They Work
My 2018 prediction for the legal market is as much edict as prediction: lawyers must change how they work. [A similar version of this prediction was published on 15 December 2017 at the Aderant blog, Think Tank: 20+ Legal Tech and Business of Law Predictions for...
Evolving Law Firm Staffing – Analysts at Chapman Cutler
I have long thought that law firms should hire smart, recent college graduates to whom lawyers can delegate some work. Chapman and Cutler has done so. I describe here the firm’s Analyst program. But first, I’ll start with some background. My three-year stint in the...
Will All Law Firms Eventually Corporatize?
INTRODUCTION TO CORPORATIZE TOPIC and CHRIS BULL I recently spoke with my former colleague Chris Bull who made the interesting observation that law firms will corporatize. I was intrigued about what he meant and why, so interviewed him. Chris is the Executive Director of Kingsmead Square, a...