Corporate clients may be evaluating outside counsel and shifting work more frequently than you might think. A new survey from the Legal Executive Institute says more than half (58 percent) of corporate legal departments surveyed say they shift their legal work among law firms at least once every two years. Nearly one in five (18 …
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Legal Executive Institute
Corporate Legal Department Operations Forum 2017 – Insights from Josh Kubicki
The investment by each party into the law firm-client relationship is imperative to its success and legal department operations professionals understand there is a need for additional business rigor between the firm and the business. Josh Kubicki, chief strategy officer at Seyfarth Shaw, discusses this landscape and concepts from the panel “Examining Innovation in the …
Corporate Legal Department Operations Forum 2017 – Insights from Mark Haddad
Corporate legal departments continue to face pressure surrounding budgets, bandwidth and efficient processes. A panel focusing on that at the Thomson Reuters Corporate Legal Department Operations Forum gathered to discuss the ideas of how to become less of a cost center, a better business partner, leveraging alternative legal service providers and more. Mark Haddad, head …
Corporate Legal Department Operations Forum 2017 – Insights from Rob Gitell
Rob Gitell, senior director, Thomson Reuters Legal Tracker, recapped his presentation from the Thomson Reuters Corporate Legal Department Operations Forum. Gitell shared some data from the inaugural Thomson Reuters Legal Tracker LDO report release in May 2017 along with a sneak peek into a few data points from the upcoming October release of the report, …
Highly Successful Law Firms Have Greater Business Development, Marketing and Technology Focus
Some law firms have been able to notably outperform their peers even though the overall large law firm market is experiencing flat to little growth. A new report from the Thomson Reuters Legal Executive Institute suggests that investments in areas such as business development, marketing and technology may be a key factor defining the higher-performing …
David Curle Talks ALSPs at CLOC 2017
At the CLOC Institute in Las Vegas this week, David Curle of Thomson Reuters Legal Executive Institute presented the results of the Institute’s Study of Alternative Legal Service Providers (ALSPs). Curle appeared on a panel with Byron Buck, senior corporate counsel and manager of Law Practice Management, Caterpillar Inc. and Lisa Brzycki, head of Legal …
FutureLaw 2017 Recap
Last week, the Codex FutureLaw 2017 Conference was held at Stanford Law School in California, where some 200 attendees gathered to discuss the impact of technology on the legal space. Thomson Reuters own David Curle, and noted legal journalist Monica Bay, were on-hand and shared some of what they saw with the Legal Executive Institute …
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 …
2nd Annual CCLF – Opening Salvos: A General Counsel’s Guide to Pricing Negotiations
How can I get more out of less? We all feel the pressure, not just in our professional, but also in our personal lives. Our push as individuals and professionals to maximize the output of finite resources is quite simply the way of the world. And it should not surprise us that our legal professional …
2nd Annual CCLF Panel – Beyond Borders: Building Strategic Outsourcing Initiatives from the General Counsel’s Office
Outsourcing is a topic of conversation that emerges at nearly every legal conference. While early conversations approached the topic with caution, a growing chorus of legal professionals view outsourcing – and even the inclusion of non-legal professionals – as a reliable, necessary component of their practice. A breakout session at the second annual Corporate Counsel …