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Category Archives: Marketing

To Purge Some of Social Media’s Ugliness, an Unlikely Lesson From Wall St.

The New York Times Deal Book – A simple rule that bolsters the banking system – “know your customer” — could help combat fake news and hate speech online if companies like Facebook and Twitter embraced it. “…The concept is “know your customer” — or KYC, as it’s called on Wall Street — and it’s… Continue Reading

Everything You Need to Know About Starting a Podcast

Law Technology Today: “What do popular podcasts like Lawyer 2 Lawyer, Legal Talk Network, and Life of the Law all have in common? Their creators showed a commitment to the production process, dedicating themselves to their project. Though the early stages of development are long, involved, and sometimes frustrating, they’re necessary. With this in mind,… Continue Reading

The 2019 Revealed-Preferences Ranking of Law Schools

Ryan, Christopher and Frye, Brian L., The 2019 Revealed-Preferences Ranking of Law Schools (March 15, 2019). Belmont Law Review (forthcoming 2019).. Available at SSRN: https://ssrn.com/abstract= “In 2017, we published A Revealed-Preferences Ranking of Law Schools, which presented the first (intentionally) objective ranking of law schools. Other law school rankings are subjective because their purpose is… Continue Reading

Skyrocketing cost of textbooks prices – Four publishers control more than 80% of the market

Vox: “…A 2014 report by the Public Interest Research Groups [PIRG] found that two-thirds of surveyed students had skipped buying or renting some of their required course materials because they couldn’t afford them.Textbook publishers, for their part, have begun acknowledging that textbooks and other course materials have become so expensive that some students simply can’t… Continue Reading

New on LLRX – Nothing Artificial About It: How Law Firms (Really) Use AI in Practice

Via LLRX – Nothing Artificial About It: How Law Firms (Really) Use AI in Practice – Ed Walters, CEO of Fastcase, talks about how the new age of law firm innovation is changing legal services by moving from anecdotal to data-driven insights and thus providing better-informed guidance for clients. Walters also identifies the value of… Continue Reading

Inside Law Firms’ Best Results in a Decade

Law.com – Law firms were able to grow revenue more than expenses despite a big rise in the cost of associate salaries. “The law firm industry last year posted its best results in more than 10 years.Post-recession highs in demand and billing rate growth drove strong revenue growth—critical in a year where expense growth accelerated.… Continue Reading

The Law Firm Chief Innovation Officer: Goals, Roles, and Holes

DeStefano, Michele, The Law Firm Chief Innovation Officer: Goals, Roles, and Holes (November 11, 2018). University of Miami Legal Studies Research Paper No. 18-39. Available at SSRN: https://ssrn.com/abstract=3282729 or http://dx.doi.org/10.2139/ssrn.3282729: “So many lawyers are sick of hearing that they must “innovate or die,” yet their clients call for innovation continues to be loud; and, although… Continue Reading

New on LLRX – The implications of the difference between facts and knowledge

Via LLRX.com – The implications of the difference between facts and knowledge – Using the foundational paper, Facts or Knowledge? A Review of Private Internal Reports of Investigations by Fraud Examiners, Bruce Boyes succinctly identifies the difference between facts and knowledge to clarify why organizations should engage in knowledge management. Continue Reading

Practice Innovations: The Rise of Next Generation CI

“Practice Innovations” is a quarterly, online newsletter that examines best practices and innovations in law firm information and knowledge management with an eye toward better management strategies in the face of a changing legal environment. “The results are in: law firms with highly effective competitive intelligence (CI) functions perform better, over time than their peers,… Continue Reading