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
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Category Archives: Marketing
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
Report – world has become more “permissionless” because of the diminished power of traditional gatekeepers
Via Axios – PERMISSIONLESS: What It Means, How It Happened, Will it Last: “While the Internet revolution enabled “permissionless” business models in finance, entertainment & politics, such unregulated disruptors are under growing attack. From the tech sector to the White House, many object to the divisions these new actors exacerbate or the externalities they often… Continue Reading
Top Lawyers Give Props to Their Mentors
Law.com/National Journal: How I Learned ‘Basically Everything’: Lawyers Give Props to Their Mentors – “We asked more than a dozen leaders in Big Law, small law, corporate legal departments and academia to tell us about the people who shaped their career.. Every lawyer has to start his or her career somewhere. And in the backstory… Continue Reading
Reports – Law firms are having the best financial-growth year in about a decade
ABA Journal: “Law firms increased revenues this year, posting gains during the first three quarters that are the best in about a decade, according to two new reports. The numbers differed slightly, but the conclusion was the same: 2018 is shaping up to be a good year, thanks to higher billing rates and higher demand… Continue Reading
Glassdoor’s list of Best Places to Work in 2019
“Employees have spoken! These are the Best Places to Work in 2019 – did your company make the cut?” The list this year does not place Facebook, Google, Apple in the top 5 slots, although there is a slim margin between all the top rated companies. In the number one place this year – as… Continue Reading
Top 10 Tips for Solos and Young Lawyers
ABA Journal: Top 10 Tips for Solos In its Briefly Speaking contest in 2018, the ABA asked for its members to offer their words of wisdom to solos. Here are some of our favorite entries, along with the winning advice in the solo lawyers category, by Andrew Clark of Pickerington, Ohio. Top 10 Tips for… Continue Reading
Amazon’s AbeBooks backs down after booksellers stage global protest
The Guardian: “After almost 600 booksellers withdrew 3.5m books from the secondhand marketplace in support of countries dropped by the website, it apologises for a ‘bad decision’. An “extraordinary and unprecedented” global protest from antiquarian booksellers has forced the Amazon-owned secondhand marketplace AbeBooks to backtrack on its decision to pull out of several countries. AbeBooks… Continue Reading
The 2018 Legal Trends Report
Above the Law – “Key data reveals the state of the legal profession. What is the Legal Trends Report and how can this report help law firms better their practice? In this On the Road report from the Clio Cloud Conference 2018, host Laurence Colletti and I welcome George Psiharis to discuss how much time… Continue Reading
Expert attorneys command 4 figure hourly billing fees
The Business Journals [paywall]: “Boston-based Ropes & Gray partner Douglas Meal, one of the most sought-after data privacy and cybersecurity attorneys in the country, typically charges $1,550 an hour for his services, according to a recent court filing. The filing offers a rare public glimpse into what some of the attorneys at Boston’s largest law… Continue Reading
Law firms can learn from other industries’ missteps on cybersecurity awareness and prevention
ABA Journal – “Equifax. Yahoo. Anthem. Sony. In the past few years, these companies experienced some of the most significant data breaches to date. And all of these companies found themselves subject to intense worldwide media coverage over their failure to secure their information. The industries affected—from health care to entertainment—know all too well that… Continue Reading
