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Sep 24, 2020
6 min

Stepping up the game with LegalTech

By Kamila Kurkowska. In many law firms, the growing availability of LegalTech solutions was taken into consideration with a grain of salt, or treated as a gadget with lesser meaning in everyday business. Traditional forms of client contact, managing law firms and its processes were deeply rooted in not only firm structure, but also the lawyer mindset. COVID-19 has reshaped many well-worn rules thought to be unchangeable, demolished traditional foundations and made traditional

By Rethabile Konopo

Jul 27, 2020
5 min

Monotony in the midst of Covid-19: a Legal Pandemic

Work seems a lot different today than just 3 months ago. Legal professionals are left defenceless during the COVID19 pandemic, they too are pushed out of their jobs as the whole world remains homebound. The question that comes to mind is, “how ready are legal professionals for remote work?” An alarming rate of unemployment is showcased across the world, as the viral scourge spreads without warning. Courts and law firms shut down just like your favourite pub, instantly the pow

By Ari Kaplan

Jul 24, 2020
6 min

The Rapid Transformation to a Remote Global Workforce

On April 15, 2020, Ari Kaplan published an interview with Bob Rowe and Jamie Berry, the CEO and litigation business unit leader, respectively, for Integreon, a provider of alternative legal services, on his Reinventing Professionals podcast. (This article is a transcript of the podcast - see podcast reinventing professionals). Ari Kaplan: Bob, tell us about Integreon and how it is adapting to the current environment. Bob Rowe: We are a global provider of legal and business so

By Adv. Yaara Deitcher

Jul 23, 2020
6 min

Small country, big opportunities for international law firms

Israel. A small Middle Eastern country that you have all heard about. This tiny country has been one of the focal points of the world during the past 7 decades, since its establishment back in 1948. Until about two decades ago, the focus was on Israel’s disputes with its neighboring countries, but in the past 20 years - and to a larger extent during the last 5-10 years - the focus about Israel shifted. Israel’s technological superiority and strive for innovation have made the

Ron Friedmann

Jul 22, 2020
5 min

Doing Deals Better with Diagrams

Lawyers may be the only professionals who routinely rely on dense text to understand complicated ideas. And that could change for transaction lawyers with the release of StructureFlow to diagram and track complex deals. Before I report on this product, based on a conversation with Founder and CEO Tim Follett, some background. As with all my product-specific posts, this is neither a review nor a product comparison. I occasionally write about products that I think do something

By Editorial Department (Press Release)

Jul 20, 2020
4 min

State Court Data and Analytics Platform Trellis Expands to New York, Florida and Texas

Nations’ State Trial Courts Brought Online For the First Time LOS ANGELES | JULY 20, 2020 Trellis Research Inc. ("Trellis"), an AI-powered state trial court legal research and analytics platform, today announced it has expanded coverage to trial courts throughout New York, Florida and Texas. Trellis now empowers legal teams across the nation to make smarter decisions in a fraction of the time, with the largest and most comprehensive searchable database of state trial court re

By Quddus Pourshafie

Jul 17, 2020
6 min

A Tipping Point: Across Four Pillars

Part 4: Legal tech This week we’re going to round out this four-part series on how the current crisis serves as a tipping point for the Global Legal Industry by looking at LegalTech. I want to explore its implications, what is worth considering and how it carves a path to the #futureoflaw. LegalTech Among the four pillars, LegalTech seems to be in the most advantageous position in the current crisis. As those in the Market, Institutions and Regulators recognize the need for s

Editorial Dept.

Jul 16, 2020
2 min

How to Successfully Expand Your Law Firm

If your law firm is experiencing an increase in success and your profits are rising, you may be considering expanding your business. Being in a position to scale up your law firm is an excellent place to be and demonstrates that all of your hard work is paying off. If your business is enjoying continuing success, now may be an excellent time to open up a second office in a different location. Opening a second office provides you with the opportunity to capitalize on your curr

By Editorial Department

Jul 14, 2020
5 min

Interview with Omer Hayun, following the Acquisition of Bestpractix by Litera

Omer Hayun is Vice President of AI Products at Litera and Former Co-founder and Chief Executive Officer of Bestpractix 1. How and why did you decide to start Bestpractix? Bestpractix was born out of my frustration doing contract work. I wasn’t actively thinking about starting my own company, but actually, I was looking for software solutions to help me with the contract work I had to perform. I noticed that most of the contract work I was doing was very repetitive and figur

By Quddus Pourshafie

Jul 13, 2020
5 min

A Tipping Point: Across Four Pillars

Part 3: The Institutions This week I want to explore what is happening with the current crisis and its implication for Institutions, what is worth considering and how it carves a path to the #futureoflaw. The Institutions The most obvious challenge arising here from COVID is the lack of on-campus access by students and staff alike. The Universities who relied heavily on their marketing efforts to improve the prestige of the brand without working on transforming the delivery o

By Editorial Department

Jul 9, 2020
1 min

World Legal Summit Special Edition

Table of Contents | WLS Special Edition: Introduction, WLS Team World Legal Summit Overview Informed Technology Development for a Globally Sustainable Future, Aileen Schultz The Inaugural Year Sets the Stage, WLS Team WLS Global Impact Award: ValiData, A Solution that Demands Sustainable Identity Systems, Cara Sabatini World Legal Summit : Regional Summaries Section overview Jurisdictional Frameworks, WLS Team Legislative Environment in Africa: Data, Digital Identities, Block

By Kamila Kurkowska

Jul 8, 2020
7 min

Cut costs, reduce marketing, ‘do not do’ business development: law firms in 2020

One of my clients, the managing partners in a large law firm- „we shine with the light of our clients”. The light of some law firms’ clients is dimming, sources of income are running dry, and managers of lawyers fear the crisis and cut costs, at the same time in panic searching for clients. After reducing employee salaries, the next step is reducing marketing. The irony of it is that it is a „low-hanging fruit” of cost optimization. Should marketing be reduced? How will it a

By Editorial Department

Jul 7, 2020
1 min

More than 100 US law firms received loans ranging from $1 million to $10 million

The New York Times reported on July 6 that more than 100 law firms in the US used the Paycheck Protection Program. NYT post: "More than 100 US law firms received loans ranging from $1 million to $10 million, the data showed. The list included well-known names like Boies Schiller Flexner, the high-priced law firm run by David Boies, which received between $5 million and $10 million. “We don’t comment on our financials,” the firm said. Kasowitz Benson Torres, founded and run by

By Quddus Pourshafie

Jul 6, 2020
5 min

A Tipping Point: Across Four Pillars

Part 2: The Regulators This week I wanted to continue sharing my thoughts on what is happening with the current crisis, what I feel is worth considering in these circumstances and how it carves a path to the #futureoflaw. This is of course, within the context and scope that FutureLab.Legal approaches the Global Legal Industry to learn and solve. If you recall from last week, the Four Pillars were: The Market, The Institutions, The Regulators and LegalTech. This week, we look

By Editorial Department (Press Release)

Jul 3, 2020
2 min

Legal department metrics: Understanding and expanding your impact

New report by PwC NewLaw about the role metrics and data can play in improving business outcomes for legal departments. The research looks at key decisions legal departments make every day and the data and metrics needed to support them. At PwC NewLaw, we advise on and execute transformation for legal departments and law firms. For a long time, we’ve wondered why the legal profession has not been subject to, or for that matter subjected itself to, the same quantitative scruti

By Editorial Department

Jul 1, 2020
1 min

LegalBusinessWorld eMagazine 2020 - ed. #4

Table of Contents | eMagazine 2020 - ed. #4: The Creation of Innovation: How to Build a Cohesive and Sustainable Innovation Team and Culture, Caryn Sandler (contributors Anu Briggs, Andrean Duffy) Hungarian Lawyers during the Corona Virus. The effects on their business, Mate Bende The Liquid Lawyer, Carlos de la Pedraja García-Cosío Class Actions in Israel during the Corona Age, Dr. Eran Taussig Three Principles for Work Intake Post Covid-19, Richard G. Stock Embrace Thought

By Editorial Department (Press Release)

Jun 30, 2020
2 min

Soledad Atienza Named Dean of IE University’s Law School

IE University has announced the appointment of Soledad Atienza as the new Dean of IE Law School. Dr. Atienza was previously Vice-Dean of International Relations at IE Law School, as well as Director of the law degree program at IE University. Prior to that, she practiced at the leading Spanish law firm Pérez-Llorca. As Dean of IE Law School, Dr. Atienza will also continue in her teaching role. Her expertise includes the areas of comparative law and legal teaching methods.

By Susanne Reinemann and Markus Hartung

Jun 30, 2020
8 min

Good Intentions: The Idea and Execution of Diversity Management

The pharmaceutical company Novartis expects their external legal counsels to take diversity management more seriously. That sounds like a good idea. But idea and execution are two different concepts. Susanne Reinemann and Markus Hartung have taken a close look at the policy from a German perspective. The world is a very colorful and diverse place. More than 7.7 billion people live in around 200 states spread over seven continents. We Europeans account for only 10% of the worl

By Ari Kaplan

Jun 28, 2020
6 min

The Rapid Transformation to a Remote Global Workforce

An interview with Bob Rowe and Jamie Berry, the CEO and litigation business unit leader, respectively, for Integreon Ari Kaplan: Bob, tell us about Integreon and how it is adapting to the current environment. Bob Rowe: We are a global provider of legal and business solutions to law firms, law departments, and professional services firms. Our focus principally is in the areas of litigation, contracts, compliance, cyber, and administrative services. We have eight facilities acr

By Patrick J. McKenna and Michael Rynowecer

Jun 26, 2020
16 min

Clients Want Firms That Know Their Industry

It is surprisingly common how often at some legal conference you will witness a panel of corporate clients discussing their views on law firms. Invariably someone in the audience will ask these panelists, “What is the most important criteria for you in selecting outside counsel?” We fully suspect that the person asking this is expecting to hear that the most important criteria is “cost” or perhaps “responsiveness.” While those things are important, they are NEVER the answ

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ARTICLES

Stepping up the game with LegalTech

Monotony in the midst of Covid-19: a Legal Pandemic

The Rapid Transformation to a Remote Global Workforce

Small country, big opportunities for international law firms

Doing Deals Better with Diagrams

State Court Data and Analytics Platform Trellis Expands to New York, Florida and Texas

A Tipping Point: Across Four Pillars

How to Successfully Expand Your Law Firm

Interview with Omer Hayun, following the Acquisition of Bestpractix by Litera

A Tipping Point: Across Four Pillars

World Legal Summit Special Edition

Cut costs, reduce marketing, ‘do not do’ business development: law firms in 2020

More than 100 US law firms received loans ranging from $1 million to $10 million

A Tipping Point: Across Four Pillars

Legal department metrics: Understanding and expanding your impact

LegalBusinessWorld eMagazine 2020 - ed. #4

Soledad Atienza Named Dean of IE University’s Law School

Good Intentions: The Idea and Execution of Diversity Management

The Rapid Transformation to a Remote Global Workforce

Clients Want Firms That Know Their Industry

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