Article by Joe Calve

Thomson Reuters recently released the first edition of a new semiannual report focused on legal department operations. It’s called the Legal Tracker LDO Index Benchmarking & Trends Report, which puts it squarely under the company’s e-billing and matter management brand, Legal Tracker. (Tracker evolved out of Thomson’s 2010 acquisition of Serengeti and has become the most widely used e-billing platform in the world.)

Continue Reading Backstory: From Chaos to Clout

Article by Jeanne Somma / RVM Enterprises, Inc.

How we manage e-discovery is an ever-evolving thing. As the landscape changes, new trends constantly emerge that alter the way that corporations, law firms and service providers operate. Constant change is expected and necessary, given that data volumes continue to skyrocket. Coupled with stagnating and even declining litigation budgets, this means that the industry is ripe for yet another round of evolution.

Corporate legal departments have answered the call for change and realize that they must find new ways to control soaring costs. By thinking about where they came from, these departments have realized that years of litigation have given them one precious thing that may help – enough historical data to build tracking and prediction methods for the future.

Continue Reading Using Your Data to Predict Litigation Costs: Technology is driving up costs, but it may also hold the key to getting a handle on them

Article by: Michael W. Peregrine

The challenges associated with board oversight duties in “crisis situations,” and related expectations regarding director attentiveness, are highlighted in a recent Wall Street Journal article concerning Theranos. It serves as a reminder of the valuable role that general counsel can play in supporting the ability of directors to satisfy these duties and expectations.

Continue Reading Recognizing the Contours of a Warning Sign: General counsel should ensure that their boards know a red flag when they see one

Interview with Frank A. Segall and Scott H. Moskol /Burns & Levinson 

 

Frank A. Segall and Scott H. Moskol co-chair the cannabis business advisory group at Burns & Levinson, where they have built an unusual practice helping individuals and companies involved in the marijuana industry navigate the complex and rapidly changing legal and business environment. MCC talked to them about the growth and opportunities in this new area of the law. The interview was edited for style and length.

Continue Reading Growing Their Own: How one firm is working to bring the cannabis business into the mainstream

Metropolitan Corporate Counsel invites you to participate in a Complimentary Webinar on Tuesday, May 23rd at 11:00am EST to learn about 10 Key Considerations When Selecting an e-Billing and Matter Management Solution.

Today more than ever, corporate legal departments are looking to do more with less. Managing invoices manually, tracking matters in spreadsheets, or using disparate point solutions that each solve a single problem, will no longer be sustainable practices.

CLICK HERE TO REGISTER!

This webinar, led by Kevin Caulfield and Lisa Weremeichik of Wolters Kluwer, will help those involved in corporate legal software and vendor selection better understand the benefits of e-Billing and Matter Management technology, and identify and explore the key considerations when choosing a system for your business.

By attending this webinar, you’ll come away with:

  • Insight on the value of an integrated e-Billing and Matter Management system
  • Best practices on getting started with your investment
  • Key product and vendor considerations when choosing a system
  • Those who register will also receive a link for on-demand viewing in case you are unable to attend the live event.

We welcome you to forward this invitation to any of your colleagues who may find it to be of interest.

Webinar Details

Title: 10 Key Considerations When Selecting an e-Billing and Matter Management Solution.

Date: Tuesday, May 23, 2017

Time: 11:00 AM Eastern Daylight Time

CLICK HERE TO REGISTER!

 

Interview with Laura King / Clifford Chance

Laura King has been a lawyer at Clifford Chance for more than 20 years, initially based in Canada. She later moved to London, where she practiced capital markets law and was promoted to partner in 2001. A few years later, however, her career took an unexpected turn. The firm adopted a centralized approach to HR and asked King to lead the effort as a member of its global management team. And that’s why she recently found herself working on a book showcasing some of the firm’s top women lawyers. MCC interviewed her by telephone and email. These communications have been edited for length and style. Continue Reading Diversity by the Book: Why one firm decided to dabble in publishing to demonstrate its support of women

Interview with M. Melissa Glassman / McGuireWoods, LLP 

 

Not every woman starts law school shortly after she starts a family. And of those who do, not all of them decide to go to work at a large firm as a litigator – and somehow survive to tell the tale. But M. Melissa Glassman is not every woman. And Glassman, now a deputy managing partner at McGuireWoods LLP, did a lot more than survive. But she insists she never aspired to be Superwoman. The interview has been edited for style and length. Continue Reading Finding a Way to Make It All Work: A law firm leader and litigator looks back on her long career

By Trisha Anderson, Inventus LLC

According to the U.S. Census, there are over 83 million millennials. They make up over a quarter of the nation’s population. The growth of this demographic has had an inevitable impact on the demographics of the workforce. By the year 2020, millennials will account for 46 percent of all employees.

Continue Reading Millennials Are Leading—Is Your Company Following?: A new generation of employees is setting the pace for modern communication

By Rees Morrison, Altman Weil, Inc.

The Roman god Janus looked both ways at once. That’s an apt metaphor for the divergence in how lawyers look at the use of data in management decisions. Some lawyers look askance at data being used to augment decisions; others look with favor on it. The more clearly that lawyers understand the conflicting bases for their own views and those of their colleagues, the more adroitly they will deal with data in decisions.

Continue Reading A Metrics Conundrum: What Would Janus Do?: Lawyers are sometimes torn when considering how much to rely on data

By Stephanie Mullette, Robert E. Bostrom, National Association of Corporate Directors (NACD), Abercrombie & Fitch

Introduction: As the role of general counsel has evolved, they are increasingly called upon to provide corporate boards with advice on company strategy and business operations. This has led the National Association of Corporate Directors (NACD) to launch a new initiative, the Strategic-Asset GC, designed to help boards fulfill their mission of creating long-term corporate value. Stephanie Mullette, NACD’s Director of Corporate Solutions, and Robert E. Bostrom, previously a lawyer at the Federal Reserve of New York who became a partner at Winston & Strawn, SNR Denton and Greenberg Traurig, and general counsel of NatWest Bancorp, Freddie Mac and, currently, Abercrombie & Fitch, discuss below the initiative and what it takes to be a Strategic-Asset GC. Their remarks have been edited for length and style.

Continue Reading GC Outlook: Clear and Stormy: In a crisis, it’s easy to contribute. The challenge is when it’s calm.