By Ron Friedmann bio Many in the legal market talk about a "New Normal" where margin pressure is the norm. Is this true, and does it matter? Yes, and here's why. Clients Want Value. Although BigLaw continues to prosper, it faces new competition. Clients want value and they now have market power, so they buy from alternatives to large firms. Clients Bring Work … [Read more...] about How to survive the coming competition
Technology
How document automation can save you thousands
Does your firm use document automation tools? If not, you’re not alone. According to a survey conducted in 2013 by the International Legal Technology Association, a whopping 62% of law firms surveyed reported not using a document automation system. But when you think about how much time your team spends assembling variations of the same documents every day, automating the … [Read more...] about How document automation can save you thousands
Going crazy with Excel: What’s your story?
Sure, you know that Excel is useful for crunching numbers. You can populate spreadsheets with formulas and scenarios, and transform figures into charts. But did you know that Excel is also a tool for pilots, parents, pianists, and poets? You might be surprised at how some people have used the software. Here are just a few unusual uses that we found: One company uses Excel as a … [Read more...] about Going crazy with Excel: What’s your story?
The link between technology and your firm’s continued success
Technological innovations and the movement toward specialization are two of the key drivers of change in the legal field today, according to Future Law Office 2020: Redefining the Practice of Law, a new report from legal staffing and consulting solutions firm Robert Half Legal. Three in 10 (34 percent) lawyers surveyed for the annual research project said emerging … [Read more...] about The link between technology and your firm’s continued success
Skadden and DLA Piper among firms to sign on as early adopters of .law URLs
Minds + Machines, the owner of the new ".law" top-level domain, recently announced that two of the world's most influential law firms have become early adopters of .law. DLA Piper, one of the world's largest global business law firms, located in more than 30 countries around the world, and Skadden, Arps, Slate, Meagher & Flom LLP, a leading international law firm whose … [Read more...] about Skadden and DLA Piper among firms to sign on as early adopters of .law URLs
Six ways your firm’s information may be gridlocked
In today's new world of work, organizations rarely lack information. Unfortunately, according to research from Ricoh and IDC, what today's organizations do lack is quick access to their information, which is usually gridlocked and unavailable. Ricoh USA and IDC conducted Web-based interviews of nearly 300 companies in the United States and found six ways that corporate … [Read more...] about Six ways your firm’s information may be gridlocked
How to create a culture of professional development and keep your top employees
Rather than working their way up the corporate ladder, top talent is more often looking for jobs that enable them to develop their skills and increase their value in a future role, according to a new report released by Right Management, the global workforce consulting arm of ManpowerGroup. "Fulfilling Careers Instead of Filling Jobs" suggests that companies can significantly … [Read more...] about How to create a culture of professional development and keep your top employees
Wearables at work: Leveraging technology to enhance work performance, engagement and balance
By Dr. Marty Martin bio Wearable technology is hot! Wearable tech is also increasingly becoming cool and fashionable. Professional athletes and weekend warriors are outfitting themselves with devices to measure their heart rate, blood pressure, count their steps and calories, as well as track the quality of their sleep. With the health and performance of their … [Read more...] about Wearables at work: Leveraging technology to enhance work performance, engagement and balance
Are you changing your security strategy?
The growing proliferation and sophistication of hackers, combined with greater reliance on interconnected applications, devices and systems, has created a security environment that's challenging for even the best prepared organizations, according to new research recently released by CompTIA, the IT industry association. "It's not that businesses need to be convinced that … [Read more...] about Are you changing your security strategy?
How to protect your data against costly and destructive cyber attack
Who is hacking into law firms? Are you at risk? How do security breaches happen? How to protect your data The downside of smartphones Planning for a breach At the law offices of Florrick, Agos & Lockhart, partner Diane Lockhart opens an email from a colleague and clicks on a link. As soon as she does, all the computers in the office go dark and a message pops up on … [Read more...] about How to protect your data against costly and destructive cyber attack