Jason Thomas, manager of Innovation for the Government segment of Thomson Reuters, kicked off LegalTech New York this morning, setting the tone for an exciting week. His keynote, titled “TOR, Bitcoin, Silk Road and the Anonymous Web: Drugs, Bombs and Murder-for-Hire,” had attendees on the edge of their seats at the Midtown New York Hilton …
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Podcast: Bigger is not always better – the 2014 State of the Law Firm Market
A new report from Georgetown University Law Center and Peer Monitor warns that unless law firms re-examine their traditional business models and embrace change in how legal services are delivered, they will not be able to successfully adjust to the significant outside forces that are reordering the industry. The “2014 Report on the State of …
- January 31, 2014
- Leonard Lee
Report issued by Georgetown Law and Peer Monitor: Law firms may be facing disruptive change
Georgetown University Law Center and Peer Monitor today issued their “2014 Report on the State of the Legal Market.” The report highlights recent trends in the legal market, as well as factors that will likely impact the market in 2014 and beyond. The report warns that unless law firms re-examine their traditional business models and …
- January 3, 2014
- Leonard Lee
Serengeti Law positioned the furthest for ability to execute in new Gartner report
Serengeti Law was positioned the furthest for “Ability to Execute” among eight software vendors in a recent report from Gartner, “Magic Quadrant for Enterprise Legal Management.” Enterprise Legal Management (ELM) is a category of software that helps corporate legal departments streamline legal processes, analyze legal risk and reduce their overall legal spend. According to Jim …
- December 24, 2013
- Susan Martin
eBillingHub launches benchmarking and analytics tool to measure law firm performance
eBillingHub launched an enhancement this week, BillingHub Intelligence, to its namesake product. The new update is free of charge for all eBillingHub customers and delivers critical performance indicators to its administrator users, showing how a firm’s billing processes measure up to other firms. This makes it easy to identify where efficiencies and accuracies can be …
- December 20, 2013
- Susan Martin
Rebecca Thorkildsen on Metropolitan Corporate Counsel: Potential technology approaches for contract lawyers
This article was written by Rebecca Thorkildsen, director of legal solutions at Pangea3, and was originally published on Metropolitan Corporate Counsel. In many ways, law departments’ delivery of contract management services is still like the Wild West – a lawless frontier. Within a single law department, approaches to managing contracts can differ wildly among practices or …
- December 17, 2013
- Susan Martin
University of Wisconsin-Stout officials visit FindLaw
University of Wisconsin-Stout Chancellor Charles W. Sorensen and other UWS officials met with FindLaw employees recently on the Thomson Reuters campus in Eagan. UWS recently completed the first quarter of a new Search Engine Optimization course that is being taught with assistance from instructors provided by FindLaw. The course is believed to be the first of …
- November 27, 2013
- Leonard Lee
Rob Thomas on what to look for in an ELM provider
Corporate legal departments face diverse challenges: providing effective counsel to internal clients, supervising outside counsel work and managing risk for the organization. And they generally must achieve these objectives within the constraints of limited internal resources and a fixed budget. Enterprise Legal Management (ELM) software has recently emerged as an increasingly useful set of tools …
- November 20, 2013
- Susan Martin
Peer Monitor Index rises in third quarter
Following a slow start to the year, the Thomson Reuters Peer Monitor Economic Index (PMI) rose 2 points to 55 in the third quarter, its second consecutive gain. Demand for legal services was up 0.8% – the first quarterly increase seen so far this year. Despite the improvement, year-to-date demand is still down 0.9%. Worked …
- November 15, 2013
- Susan Martin
More accolades for Super Lawyers’ journalism
Super Lawyers is perhaps most well-known for its lists, rating attorneys in each state using a patented selection process. But an important part of Super Lawyers is the editorial team, whose hard work regularly produces top-notch features on selected attorneys, which are included in each issue of Super Lawyers Magazine. Recently, Super Lawyers received two journalism awards. Click here …
- November 13, 2013
- Alex Cook