Large Law Firm Trends in 2020 – Part 2 (Efficiency + Value)
Large law firms have faced growing pressure since 2010 to deliver more value to clients, creating pressure for efficiency and lower rates. The 2020 Law Firms in Transition Survey (June 2020) reports on large law firm trends. In my Part 1 post, I covered survey...
Ron Friedmann,
5 years ago
6 min read
The Need for a Data Platform to Improve Law Firm Business + Practice
A Briefing written for Foundation Software Group I have long been a fan of Foundation Software Group. I remember seeing their platform with a consulting colleague the first time in 2016. One of our clients showed it to us. We were not only impressed by...
Ron Friedmann,
5 years ago
3 min read
Richard Susskind + Mark Cohen on Digital Transformation + Legal Tech
This is a live blog post of a 90-minutes video discussion with Richard Susskind and Mark Cohen about “Digital transformation and the legal function” and “The future of legal technology”. It is hosted by Legal Geek and sponsored by Thomson Reuters, UnitedLex, and iManage. This is the fourth of a four-part...
Ron Friedmann,
5 years ago
11 min read
Lawyers Fill Practice Gaps with Software and the State of Legal Tech
I recently spoke to two lawyers turned legal tech entrepreneurs about their early stage software companies. I start with a discussion of the problem each sets out to solve, then turn to observations of and implications for the legal tech market more broadly. Solving a...
Ron Friedmann,
5 years ago
5 min read
A Look at Client-Side AI-Powered Legal Spend Analytics Tools
This is a live blog post of a Legal Value Network virtual webinar, A Look at Client-Side AI-Powered Legal Spend Analytics Tools. As with all of my live blog post, I publish as a session finishes, so please forgive typos and misunderstandings of meaning. Panelists:...
Ron Friedmann,
5 years ago
6 min read
The Illuminate Story: The Global Deployment of Next Generation Enterprise Search
At its core, knowledge management is about finding lawyers who or documents or matters that can answer another lawyer’s questions about law, transactions, regulatory matters, judges, investors, clients, or industries. With finding so central to KM, software that searches collections of documents and other data...
Ron Friedmann,
5 years ago
13 min read
Large Law Firm Trends in 2020 – Part 1
Last week Altman Weil released its 2020 Law Firms in Transition Survey, which reports on large law firm trends as of 2020. I provide comment here on several, including long term changes, innovation, and how many firms have senior strategic professionals. Part 2 of this...
Ron Friedmann,
6 years ago
5 min read
Richard Susskind + Mark Cohen on Educating + Skills for Legal Professionals
This is a live blog post of a 75-minutes video discussion with Richard Susskind and Mark Cohen about “UK vs US – the next decade” and “Skills and education for legal professionals in the 2020s”. It is hosted by Legal Geek and sponsored by Thomson Reuters, UnitedLex, and iManage....
Ron Friedmann,
6 years ago
12 min read
Litigation, ADR, ODR—The Next Normal?
Litigation, ADR, ODR—The Next Normal? a live blog post of a College of Law Practice Management virtual event. As with all my live posts, please forgive typos and misunderstandings of meaning. (Note abbreviations: ADR = alternative dispute resolution. ODR = online dispute resolution) The session...
Ron Friedmann,
6 years ago
9 min read
Microsoft’s Trusted Advisor Forum on Innovation – The Virtual Remix
This is a live blog post of Microsoft’s Trusted Advisor Forum on Innovation webinar on 17 June 2020. As with all my live posts, please forgive any typos or errors of understanding. I post this as the session ends. The full description of the event...
Ron Friedmann,
6 years ago
12 min read
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