The hubbub over rates is unlikely to fade away this year. Thanks to Jessie Yount for the coverage, and to Frank Ready for setting up the interview.
#legalops#legaltech#makelawbetter https://t.co/pDiua39qVO
If you fail to plan, you plan to fail-- and in the legal profession, failure takes the form of burning out in your career, your family, your health, your marriage...
The profession can do better, and so can you. Technology can he…https://t.co/oq5c2Jyixq https://t.co/uQqZvybRvC
Thanks to @AriKaplan for featuring me on his Reinventing Professionals podcast. Relevant quote:
"Look at the things that make you want to quit your job. When you have to do this thing yet again and you're like, 'Oh my gosh, why…https://t.co/0d2MpIARos https://t.co/7OZVTFf1an
An analysis of rates from ~230,000 law firm timekeepers out of LegalVIEW Data Warehouse-- the world's leading source of performance benchmarking for corporate law departments-- shows that if you pick a particular timekeeper at a pa…https://t.co/Vy7pOmhcNJ https://t.co/Elq7fNDEr5
I think most people in corporate law departments have some concept of "vendor risk management," particularly in the case of business partners and how they handle data. However, I haven't seen that concern extend to law firm busine…https://t.co/hHj1WPEX7l https://t.co/YymsQF5Hbt
Another interesting article from Jessie Yount from The American Lawyer about how artificial intelligence might change the business models and pricing around legal services, in which I, @sharma_kriti and Sean Monahan are quoted.
Th…https://t.co/3xcB7SZddl https://t.co/EpYzL8XGwU
Interesting article from Jessie Yount and @itsdroedoee from ALM Media about legal work moving into midmarket and smaller firms, in which I, @tcorcoran and others are quoted. I've had a lot of clients reacting to sticker shock from…https://t.co/v3fu8Brswe https://t.co/VmosKXCfdi
Proud to be featured in this Legal Value Network podcast with two of the smartest and most accomplished people in the legal business world, @K_Mazi of Katten Muchin Rosenman LLP and Justin Ergler of GSK.
We discuss the world of ho…https://t.co/rRtBSW0aUJ https://t.co/a4JHdE7pKK
Hey this is random, but I'm looking for a semi-recent template that a corporate law department would use when vetting different CLM systems. If anybody has something like that and is willing to share, would you please PM me? Thanks so much.
A lot of buyers of legal are looking at retooling their hourly rate management programs in response to the last two years of elevated rate increases-- but where do you begin?
Join my friends Paul Melgar and Daniel Decker and I for…https://t.co/lOpZm4IYfs https://t.co/2nfwSLDtBR
Great comments from Jason Winmill and @maryshenocarro1, among others, re: the generative AI leap:
“Leadership of in-house departments would be wise to get a seat at the table, lest they end up on the menu."-- Jason (good one-- I'l…https://t.co/zNt7thTbbD https://t.co/4y1Z2mSKRl
13% of people in the world still can't read, even though scholars believe writing was invented 5,500 years ago.
Why? I mean, some people teach themselves to read. It isn't exactly brain surgery.
Is it because they don't understand how reading would ma…https://t.co/rtk69X49Bi
The banking/finance industry agreed to the highest hourly rate increases of any industry in 2022, with the exception of retail who, imho, had it coming since they experienced hardly any increase in 2021.
In contrast, corporate law…https://t.co/UQJukMC7Fp https://t.co/5mDnBBH9gY
Some thoughts from my new(er) ELM Solutions colleague Andy Reynolds on the evil billable hour, and some alternatives.
#legalops#legaltech#makelawbetter
https://t.co/bIuU66TZl6 https://t.co/VeQC8GfAUf
If you're attending the Chicago ACC meetup on the 22nd of next week and are interested in things like legal operations, food and drink, please attend this free networking event put on by my colleague James West. It's at Perry's St…https://t.co/oTKRvei6Ul https://t.co/amzvq1iJdl
Before you go buying a new piece of legal tech, make sure you know what problems you are trying to solve, and that they cannot be solved by your existing technology.
A couple tips: 1. Circulate a list around the office of the 10…https://t.co/mBN0WhIQzT https://t.co/gT8d1d9ACw
Ever blow a couple years/couple million on a legal tech implementation that goes nowhere?
Join my colleague @TheDemoPro-- who moonlights as voice talent and is perhaps the funniest person at my company-- for this interactive webin…https://t.co/MNVn2sk3w3 https://t.co/wdYlP0u4Bq
When the tide goes out, you see who is naked.
When rate negotiations happen, you see who was prepared.
Are you?
Thanks to @ZackNeedlesTLI for the coverage.
#legaltech#legalops#makelawbetter https://t.co/EpshBGLrIX
Still more coverage of LegalVIEW Insights 2023-1, a major report that suggests buyers of legal services may be in a more favorable position than they believe when it comes to negotiating hourly rates with firms.
This time I talk w…https://t.co/QJ3mIlGyyE https://t.co/aPo7QfJVsb