Law Firm Profitability
By Colin Cameron | A collection of innovative and practical ideas for increasing law firm profitability www.lawprofitability.com
Investing in AI? Strategy Principles Say Go Lightly and Later
How strongly and quickly should law firms invest in artificial intelligence and other next generation technologies? Heavily and now, say the …
Do Lawyers Have an Ethical Responsibility to Use AI?
Lawyers are well aware of their ethical responsibilities. Those responsibilities permeate relationships with clients and extend to every aspect of …
Artificial IntelligenceLaw is too important to be left to the lawyers
Law is too important to be left to the lawyers.This from Richard Granat, a true champion when it comes to harnessing innovation and technology to …
7 Things Law Firms Should Know About Legal AI
7 Things Legal Professionals Need to Know About AI<p>At Thomson Reuters, we’re committed to being on the forefront of artificial intelligence (AI). We …
Step by Step Attorneys Marketing Plan: Small and Medium-Sized Law Firms
Whether you have two attorneys or fifty attorneys at your law firm, marketing is a crucial element of your success. After all, what good is a law …
Profitable Benefits of Legal of Legal Project Management
Legal project management can unlock higher profitability for your firm and make your work more efficient.
The 10 Project Management Knowledge Areas
What do you need to know to succeed at project management? Everything!While there’s some truth to that joke, it’s not helpful to the student or the …
Law firm websites as a service – SaaS preferable to traditional methods?
Websites have only been around the last fifteen or twenty years – at least for lawyers. In that time the legal website business has become a billion …
Best Buy's CEO says he uses 5 criteria to decide whether someone's a leader
Best Buy's CEO has five criteria to determine whether someone is a leader.<p>"I've spelled out the five 'be's of leadership," CEO and chairman Hubert Joly told Business Insider. "I think it resonates with what we're trying to do."<p>Joly has led Best Buy's turnaround efforts since taking on the role of …
LeadershipBest speech recognition software? Market dictates one choice
Process automation tools are plentiful at ABA Techshow, and consultants, generally, resist recommending one best-of-breed solution that can work for …
Mobile DevicesNational | Our latest round-up of trends and developments that highlight innovation in the legal industry.
Legal futures round-up<p>By Yves Faguy Web Only<p>Time for a quick round-up of trends and developments that highlight innovation in the legal …
Differentiation and Collaboration: an Rx for More with Less
It’s budget season for General Counsel, and that means expanded portfolios, stagnant or shrinking budgets, managing new risks, and heightened C-Suite expectation to defend the enterprise <i>and</i> advance business initiatives. Corporate counsel must ‘do more with less,’ and that means they must find …
10 Tips for Getting More Clients
<i>~by Haley Lynn Gray~</i><p><b>I think that just about every business needs more clients. I know mine does, and I’m sure that yours does too if you’re a</b> …
LegalShield Showcases New Technology at ABA TECHSHOW to Highlight Impact on Affordable Access to Legal Services
CHICAGO--(BUSINESS WIRE)--Executives from LegalShield, one of North America’s leading providers of affordable legal plans and the IDShield identity …
How Will Generation X Lead Big Law? | The American Lawyer
<i>Still from the film “Reality Bites.” Courtesy of Universal Pictures</i><p>For decades, members of Generation X have been stuck between two behemoth, …
The spy on the corner of your desk: Why the smart office is your next security nightmare
Smart office devices could create a major security headache: do you really know what those gadgets can do?<p>Ken Munro, a security researcher at ethical …
9 Industries That Will Soon Be Disrupted By Blockchain
In many industries, companies will need to adapt or be replaced.<p>Let's face it. Many people are resistant to technological changes in both their personal lives and at the office. However, what they often lack is the vision to see how the new technology they are resisting will improve their lives in …
The Billable Hour
Buyers of professional services and products are seeking more clarity, control and predictability in their relationship with providers. This pressure …
20 KPIs of a Successful Law Firm: How to Diagnose Why Your Law Firm Isn’t Doing as Well as You’d Like
Business owners, or I should say, successful business owners, know and track their key performance indicators (KPIs). At just a glance, successful …
Rotten TomatoesTech will only get us so far; you must first solve a ‘broken system,’ says legal forecaster Jordan Furlong
<i>Law21</i><i>’s Jordan Furlong has some advice for Global Legal Hackathon participants — and everyone else who wants to make law more accessible and efficient</i><p>…
How to make your professional services firm more competitive
Excel is one of the most powerful tools in your arsenal. Just because it’s powerful, though, doesn’t mean it can’t benefit from a few shiny add-ons, …
Big four accounting firms well positioned to move in on big law
Big law firms continue to prosper but as clients push for convergence will the big four accounting firms be the ones in-house counsel look to in the …
AccountingBlue Ocean Strategy vs. Technological Innovation
Why technology itself does not guarantee success.<p>Unlike blue ocean strategy, innovation is a very broad concept that is based on an original and …
Are You a Firm of the Past?
<i>“I’m willing to be occasionally wrong. But, what I hate most in life is to stay wrong.”</i> – Nobel laureate economist Paul A. Samuelson<p>A business model …
2018 Prediction – Lawyers Must Change How They Work
My 2018 prediction for the legal market is as much edict as prediction: lawyers must change how they work.<p>[A similar version of this prediction was …
The end of the beginning
I’d like you to consider the following list. It’s a compilation of several prominent alternative legal services providers (ALSPs) and the year they …
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