Cloud computing. A term regularly discussed in the technology arena, but what does it really mean to legal professionals? The common definition is the delivery of hosting data and other services over the Internet. But instead of storing data on your servers in the office basement, the data and applications are stored remotely, with access …
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Global M&A activity drops sharply
Concerns about the global economy helped lead to a sharp drop in global M&A activity in the third quarter, according to the latest M&A Trends & Insight for Lawyers report from Thomson Reuters Business Law Advisor–M&A. Global deal volumes were down 8 percent, falling to their lowest levels since 2005. U.S. domestic deals actually rose in the …
- October 16, 2012
- Scott Augustin
The flat world and the future of document review
Greg McPolin, managing director of Pangea3 and Corporate Counsel, Litigation at Thomson Reuters, was a panelist for The Flat World and the Future of Document Review discussion at the Association of Corporate Counsel annual conference.The panel was sponsored by Pangea3 channel partner Stroz Friedberg and the panelists discussed the evolution of document review and how …
- October 4, 2012
- Jeff McCoy
Top five things to keep in mind when creating a contracts playbook
Deployed correctly, contracts playbooks can be powerful tools that save time and minimize risk. If our sold-out session at the Association of Corporate Counsel annual conference, A Play-by-Play Guide to Creating a Contracts Playbook, is anyindication, they are also not completely understood. During the panel, we fleshed out some of the most important issues in-house …
- October 3, 2012
- Jeff McCoy
Top 5 technology gaps in law departments
A new Thomson Reuters survey of law department leaders, attorneys and staff has identified the top 5 critical tasks that are most often not being managed with automated solutions. The survey found that while law departments are frequently using technology to help manage certain critical tasks – such as legal research and matter management, many other …
- October 3, 2012
- Scott Augustin
A practical guide to contracts playbooks
This year, the Association of Corporate Counsel annual conference will attract thousands of attendees from around the world who come to exchange strategies for creating more dynamic legal departments. All four panelists in the ACC session A Play-by-Play Guide to Creating Contracts Playbooks are corporate counsel with a range of experiences—from in-house counsel at a …
- October 1, 2012
- Jeff McCoy
Best practices for legal holds
Large and small organizations face numerous challenges surrounding legal holds. “Response Required! Legal Holds for the Small and Large Enterprise”, a session at the Association of Corporate Counsel annual meeting, walked attendees through various scenarios that companies and their legal departments could face. The panel shared suggestions that can be implemented to help lead your …
- October 1, 2012
- Jeff McCoy
Should you build an app for that?
Mobile application development requests are on the rise. Everyone who’s touched an iPad® is certain there’s an untapped way to leverage it for practice efficiency and business development. Karen Anzuini, chief information officer at Benesch, Friedlander, Coplan & Aronoff LLP, was at the forefront of mobile technology by leading the creation of an app for …
- September 7, 2012
- Jeff McCoy
Your phone/tablet is your best friend
This post was written by Bob Schukai, global head of mobile technology, Thomson Reuters While smartphone penetration in the USA has now just exceeded 50%, we know that its usage within the legal profession runs higher than 90%. Blackberries, iPhones, and iPads are regular tools that legal professionals use to stay connected and informed …
- August 29, 2012
- Jeff McCoy
The E-Billing process simplified
As law firms seek every opportunity to reduce costs, many are finding that eBillingHub is a resource to help them increase their billing efficiency and shorten billing cycles. Additional advantages include: reduced write-offs and write-downs, improved invoice tracking, decreased billing costs, and enhanced client service and satisfaction. eBillingHub is delivered as a web-based SaaS application …
- August 21, 2012
- Jeff McCoy