Cloud technology is changing so quickly that it’s difficult to keep up even from day to day sometimes. What happens when technologists start to visualize where Cloud technologies could take the practice of law in five or even more years down the road? Eric Sugden, CTO of Thomson Reuters Elite and Thomson Reuters Legal chief …
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Alternative Legal Service Providers Are About Specialized Expertise, Not Just Costs, Says New Study
The emergence of alternative legal service providers (ALSPs) is having a notable – and growing – impact on the legal market. The implications for law firms and corporations, and where the ALSP market is heading, was the subject of a comprehensive new study of ALSPs that was discussed at a panel today at Legal Tech …
- January 31, 2017
- Leonard Lee
Geoffrey the Giraffe, Supreme Court & Online Sales Taxes
What do those three things have in common? The U.S. Supreme Court has declined to hear a case this term that could have provided some clarity to the bewildering array on jurisdictions and taxes involved with online sales. Will the move lead to new action by the states or Congress, or the potential for even …
- January 24, 2017
- Leonard Lee
Finding the Right Documents
Finding the right document for a matter can make all the difference. Firm Central users can now find the most relevant documents faster and easier, whether from Westlaw research or their own firm documents. Westlaw Global Search results now include content from Firm Central document folders. A single search by Firm Central customers provides comprehensive results …
- January 23, 2017
- Leonard Lee
Competition, Innovation & the Death of the Billable Hour
The billable hour model of decades past where firms experienced little pushback on rates or number of hours spent is effectively dead, and the traditional law firm franchise is increasingly at risk. Law firms must either find ways to effectively adapt to these and other evolving competitive conditions or risk further erosion of their market …
- January 12, 2017
- Leonard Lee
How Do Small & Solo Law Firms View Success? The State of the US Small Law Firms Study
Managing a successful solo or small law practice means overcoming many challenges. These days, running a small practice requires many skills in addition to being a good lawyer: one often also needs to be a project manager, technologist, marketer and small business expert. The State of the US Small Law Firms Study surveyed more …
- January 5, 2017
- Leonard Lee
What Safer Roads Could Mean for Personal Injury Practices
Our nation’s roads are getting safer. Traffic fatalities and injuries have generally been declining for more than two decades. But law firms that have staked their futures on motor vehicle accident (MVA) injuries or fatalities may face significant business challenges on the horizon unless they prepare now. FindLaw has published a new white paper that …
- January 4, 2017
- Leonard Lee
Trade Secrets & the Defend Trade Secrets Act
Companies in the U.S own an estimated $5 trillion in trade secerts and about $3 billion is lost due to theft every year. The federal Defend Trade Secrets Act of 2016 went into effect in May\. While it’s still early to interpret how it will affect trade secret litigation, some things are clear, especially that …
- December 29, 2016
- Leonard Lee
How Attorneys Can Build Real Trust in a Virtual World
It’s becoming second nature to use consumer review sites such as Yelp and Trip Advisor before planning a vacation or even your next dinner while out on the town. But what does the growth of consumer reviews mean for attorneys, especially those in small and solo practices? A new survey by FindLaw and Super Lawyers …
- December 7, 2016
- Leonard Lee
Ark Group KM Conference – KM With Kim episode 5
Ark Group recently held its 12th Annual Knowledge Management in the Legal Profession. The law firm KM toolkit has expanded to include enterprise search, experience location, expert systems, and other collaborative tools — while the remit for some KM practitioners today also includes support for alternative fee arrangements, process improvement initiatives, and legal project management. …
- November 30, 2016
- Leonard Lee