Jeffrey Solomon of ELM Solutions explains how well-deployed data analytics can help in-house counsel better serve their companies by managing matters more strategically. Continue Reading Data Analytics Drive Value for Corporate Law Departments
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.
When creating a vendor management process, consider these best practices.
Every company wants the best results from their legal partners, but when evaluating the performance of multiple outside law firms, it can be difficult to know where to start. Continue Reading Get Analytical, Get Better Legal Results
When I got back from CLOC last month, I was amazed at the various roles and responsibilities shouldered by legal operations staff. Still one of the fastest growing roles in legal departments, the responsibilities often assigned to these teams are varied and all over the map in terms of impact on the business, not just the legal department. Continue Reading The Ever-Increasing Responsibilities of Legal Operations Staff
LexisNexis’ Kris Satkunas looks at data-driven insights into legal departments’ billing and law firm consolidation activities.
CCBJ: The LexisNexis annual CounselLink report has become a useful benchmarking tool for legal departments. Tell us a little about its history and how it’s being used. Continue Reading Benchmarking Spurs Creative Thinking on Fees
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.
For 10 years now, the Blickstein Group, in cooperation with Consilio, has been surveying Legal Ops and other law department professionals, focusing solely on the operations function and seeks to provide benchmarks that are useful to the largest law departments. They have just completed the 2017 survey, sponsored by QuisLex, Exterro, Onit, Wolters Kluwer, Legal Decoder, iManage and HighQ, and the results are fascinating as always. Continue Reading Findings from the 10th Annual Law Department Operations Survey
When Matt Fawcett took over as general counsel at NetApp, Inc. in 2010, he knew he wanted to create a legal operations department. He didn’t know he would hire Connie Brenton to start it, and he couldn’t have known how important that early decision would be – or the influence the department they created would have. Fawcett spoke about why he wanted an ops department and the early missteps he wishes he could have avoided, but from which he learned a great deal. The interview has been edited for length and style. Continue Reading Why I Needed an Ops Department: The general counsel of NetApp explains what he was looking for
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
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.)