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There is an undisputable tension in the legal ecosystem. How do you explain it? Is it a natural tension that flares up every other decade? Is this the last industry to finally embrace technology? Is it a perfectly normal cycle that occurs from a macroeconomic perspective when innovation forces change? Or a combination of them all? There is obvious change evident in the pace of legal technology advancements, but that is only one part of the broader ecosystem. Here’s where that evolution is happening.
Continue Reading Tension in the Ecosystem: Will the practice of law ever be the same?

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

Thanks to ongoing technological improvements to enterprise legal management software, in-house operations are more efficient than ever. Dan Ruderman of LexisNexis CounselLink has worked in this space for decades and has seen the ways the broad implementation of legal spend management systems have helped attorneys become more focused – and helped law departments bring down their overall costs. His remarks have been edited for length and style.
Continue Reading Improving Law Department Operations

You have to hand it to Firoz Dattu. The former Paul Weiss lawyer and founder of AdvanceLaw sure knows how to whip up a crowd. Earlier this year, with no small amount of media fanfare, Dattu unleashed something he calls the GC Thought Leaders Experiment. Haven’t heard of Firoz, or AdvanceLaw, or the Thought Leaders Experiment? No worries. Dattu trots out a nifty marital metaphor to describe the project.
Continue Reading Backstory: The “Yelpification” of Law