AdvanceLaw

280 general counsel sharing data to identify top lawyers at the most innovative law firms. This is the bright future of the legal market.

[AdvanceLaw @AdvanceLaw]

Wanji Walcott of Discover Financial Services receives AdvanceLaw’s GC Leadership Award, recognizing GCs who provide exceptional leadership to their companies, the legal profession and society.

At the link - Wanji in her own words. @Discover_News

https://t.co/qxilhBCQ5S

[AdvanceLaw @AdvanceLaw]

Discover Financial, Flex, and Honeywell established new relationships with a small circle of strategic partner law firms to avoid big annual rate increases, strengthen diversity, reduce outside counsel fees, and improve work quality. Here's how 👇
https://t.co/BPj34dQhjk

[AdvanceLaw @AdvanceLaw]

At the link, we recognize Verona Dorch, former GC of @Providence @peabodyenergy and @HarscoCorp for her life and leadership - and invite those who knew her to share their stories.

https://t.co/dfcCXV0c9J

[AdvanceLaw @AdvanceLaw]

I𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: AdvanceLaw has been acquired by Mitratech, the premier provider of legal tech and legal ops solutions. #generalcounsel #legal #corporatelaw #advancelaw #mitratech

https://t.co/vrVTWb797A

[AdvanceLaw @AdvanceLaw]

𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗟𝗮𝘄 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝗱 𝗯𝘆 𝗠𝗶𝘁𝗿𝗮𝘁𝗲𝗰𝗵, a big step forward for both our general counsel and AdvanceLaw firms. See the link for more details!

#generalcounsel #corporatelaw #advancelaw #mitratech

https://t.co/vrVTWb797A

[AdvanceLaw @AdvanceLaw]

How the GCs of Honeywell, Flex, and other Fortune 500 clients are changing the legal market in this new era. Nice to work with them and believe - based on what we see other GCs doing - it's a leading indicator of a big market shake-up. More on this soon. https://t.co/6EIaxwUURB

[AdvanceLaw @AdvanceLaw]

Congratulations to the incredible in-house legal teams at eBay, Flex, Honeywell, Nucor, PayPal, Pearson, Twitter, Solenis, BMO, Waymo, Tenneco - each recognized by the FT for innovation! AdvanceLaw is honored and delighted to work with you all. https://t.co/xsGm90ur3E

[AdvanceLaw @AdvanceLaw]

We'll share 7 key findings from the GC Thought Leaders Experiment. Finding #1: Clients care A LOT about solutions focus even vs. other key attributes. Would be good to know how law firms are teaching this. Read more at https://t.co/wsrGJiHPzy

[AdvanceLaw @AdvanceLaw]

Congrats to our own Firoz Dattu who was inducted into the College of Law Practice Management on Friday, joining legal industry luminaries like @HackettInHouse @wihender @ronfriedmann @aricpress @legalmosaic @LucianPera @conniebrenton @DCaseyF. It's quite a group! @colpm

[Holland & Knight @Holland_Knight]

Congratulations to Associates Kristin Asai, Da'Morus Cohen, Pedro Gassant and Laura Guemes on their selection to participate in @AdvanceLaw’s #Diversity Mentorship Program! #DiversityinLaw #DiversityandInclusion #WomenLawyersWomenLeaders

[Husch Blackwell @HuschBlackwell]

So proud of our Nida Ghaffar and Brittany Lomax who were selected by @AdvanceLaw to participate in their new program that pairs general counsel and other senior lawyers with diverse associates in private practice. Learn more here: https://t.co/gUqGu4poB8 #diversity #mentorship

[AdvanceLaw @AdvanceLaw]

AdvanceLaw is proud to be a key sponsor of WIPL (Women, Influence & Power in Law) for the second year in a row. Our own Katherine Shell and Brittany Warmington are looking forward to attending this week. https://t.co/I5m6OfzbQu

[AdvanceLaw @AdvanceLaw]

Smart piece by a true visionary @jordan_law21. One quote: "This is not about 'computers are coming to take our jobs' ...This is about something deeper and more significant: The nature of what is being bought and sold within the legal market is changing" https://t.co/Ukryv0krTs

[AdvanceLaw @AdvanceLaw]

Agree it's about engagement from both firm and client. Article also has powerful graph force ranking service attributes (e.g., responsiveness, solutions-focus, expertise) based on how strongly correlated with client likelihood to recommend. https://t.co/EdcChiPSBy

[ronfriedmann @ronfriedmann]

Is the Honeymoon Period Between Clients + Law Firms Real?
https://t.co/U21Ns8OmKJ
Yes
@AdvanceLaw confirms gut: both cost efficiency and client + solution focus decline after 2 years
Changing this requires active engagement from _both_ GC + firm

[Aaron Kotok @akotok]

What happens after the honeymoon? For too many law firms and their clients, the magic doesn't last. In today's @BLaw Insight, Josh Sherbin, GC of TriMas, examines @advancelaw GC Thought Leaders data showing how relationships usually cool off over time. https://t.co/FiXvKSSDKx

[ronfriedmann @ronfriedmann]

Flat fees work
New findings from @AdvanceLaw data across multiple clients + firms
[Article by Panasonic GC]
https://t.co/zHYNZQrFgc
Conclusions: flat fees save money, don't hurt quality, and improve with practice

[AdvanceLaw @AdvanceLaw]

Great question by a great GC. So much insight here in such a short piece re: what GCs most value in law firms (and how GCs bear responsibility too). Highly recommend for law firm partners and corporate counsel. https://t.co/EdcChiPSBy

[Panasonic North America @PanasonicNA]

Panasonic North America's General Counsel Jessica Hodkinson shares her thoughts on flat fees versus hourly rates and the impact on cost-effectiveness, via @BLaw.

[AdvanceLaw @AdvanceLaw]

We’ve all heard quite a lot about flat vs. hourly fees, but this is the first (ever) GC article using regression analysis on whether flat fees actually work or not. (And it demystifies what 250 GCs do at AdvanceLaw.) https://t.co/WBh0bfklCJ @BLaw

[ronfriedmann @ronfriedmann]

GCs can improve law firm performance by engaging with them actively, as humans
@MotleyFool GC @LtGreen writes in BLB on @AdvanceLaw data-driven findings
Bills are not enough; feedback + discussion make a big difference