Legal departments are transforming through technology, implementing best practices and continually analyzing the work being performed by lawyers, paralegals and support staff, as well as by their outside counsel. At the 2016 Association of Corporate Counsel annual meeting, a panel titled “Getting Lean and Mean: Transforming Legal Operations” discussed some methods, tactics and strategies legal …
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Survey Reveals Developing Trend in Legal Departments
According to the Thomson Reuters 2016 Legal Department In-Sourcing and Efficiency Report: The Keys to a More Effective Legal Department, more than 40 percent of legal departments indicated the top benefit of increasing efficiency is being able to focus on more strategic work, and many are turning to legal department operations professionals to enable them …
- October 20, 2016
- Jeff McCoy
Themes from the Annual Meeting – ACC 2016
The exhibit floor and sessions at any conference provide an opportunity to truly hear what is top of mind, and the 2016 Association of Corporate Counsel annual meeting offered just that. Through networking conversations with key clients, colleagues and attending sessions, Susan Feingold, head of Law Department Service at Practical Law, part of Thomson Reuters, …
- October 20, 2016
- Jeff McCoy
Thomson Reuters to Discuss Innovative New Diversity Initiatives at 2016 Grace Hopper Celebration of Women in Computing
The world’s largest gathering of women technologists gets underway in Houston today. The Grace Hopper Celebration of Women in Computing will draw more than 15,000 people from over 80 countries for discussions, presentations and networking to increase the role of women in technology in industry, government and academia. A broad contingent of Thomson Reuters people …
- October 19, 2016
- Leonard Lee
Raising the Bar for Law Firms: How to Move Outside Counsel into Integrating and Delivering Managed Services – ACC Panel
The traditional hourly billing model still predominates, and many legal departments are still comfortable with their outside counsel using it. But there has been a shift over the recent years to more use of alternative fee arrangements (AFAs), flat fee structures or value-based pricing. At the Association of Corporate Counsel annual meeting, a panel discussed …
- October 19, 2016
- Jeff McCoy
Are Firms Trimming Rates for More Business? Lower Rates May Lead to Higher Demand & Revenues, Says Peer Monitor Report
A new report from Thomson Reuters Peer Monitor finds that large law firms willing to accept smaller rate increases are on average experiencing higher demand and revenue growth. For many years, annual rate increases have been seen as a reliable means for firms to grow their revenues. But in an increasingly flat market in demand …
- October 18, 2016
- Leonard Lee
Insider Threats: Who is Watching Your Employees? ACC 2016
Edward Snowden may be the most well-known example of an insider threat. But for corporations, government agencies and non-profit organizations, the risk of insider threats may not even be those that are intentional. In many cases, employees take intellectual property when they leave the organization because they had a hand in its creation and think …
- October 18, 2016
- Jeff McCoy
A Preview of the West Coast Corporate M&A and Integration Forum
On Oct. 19, Legal Executive Institute will host the West Coast Corporate M&A and Integration Forum in at the San Francisco. And like its companion event in New York earlier this year, the event will welcome experts from across the business landscape to discuss best-practices in mergers and acquisitions and managing post-merger integration. We sat …
- October 17, 2016
- Alex Cook
Cyber Threats to State, Local, Tribal and Territorial Law Enforcement Agencies, Departments and Personnel – IACP Panel
The impact of technology on law enforcement agencies has been a continuous thread throughout International Association of Chiefs of Police Conference (IACP) this year in San Diego. While many agencies seek to build community policing strategies with technology in mind, an equal number are working to confront the ever-present threat of bad actors in the …
- October 17, 2016
- Alex Cook
Transforming Communities Through Intelligence-Led Policing – IACP 2016 Panel
During his address before the International Association of Chiefs of Police (IACP) in San Diego today, IACP President Terrence Cunningham — who also serves as chief of police in Wellesley, Mass. – offered an apology to minority communities in the U.S., “for the actions of the past and the role that our profession has played …
- October 17, 2016
- Alex Cook