Wolters Kluwer’s ELM Solutions’ Margie Sleboda and Nathan Cemenska discuss the powerful world of dashboard software and how it can help companies analyze and improve legal spend and operations.
Continue Reading Out of the Weeds: How Data Visualization Drives Better Decisions
For the first time in some years, law departments are anticipating bigger budgets, and they plan to put that money to work in-house. That’s bad news for outside counsel, who continue to sit squarely in the crosshairs of spend-conscious general counsel and their ops squads, who, despite their growing budgets, plan to cut outside counsel’s share from 40% to 36%.
Continue Reading Cost Control Is Job 1
Based on my research, during the past five years at least 90 different U.S. organizations published reports based on 190 surveys of U.S. law firms or law departments. That plethora of legal-industry surveys addressed a wide swath of management data. An analysis of the topics finds that compensation, e-discovery and outside counsel cost control were frequent topics, but all manner of other data inquiries were also carried out. The sponsors were primarily publishers, vendors of software or services, bar associations and consultants. At least half a dozen law firms and several trade groups also launched surveys.
Continue Reading Surveying the Surveys: There are many in the legal world, and the quality is uneven