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Boston Consulting Group/Bucerius Law School
- Jan 21, 2019
- 1 min
Legal Operations: Getting More from In-House Legal Departments and Their Outside Counsel
ABOUT THE STUDY The study, conducted by The Boston Consulting Group and Bucerius Law School, comprised nearly 50 in-depth interviews with general counsel, chief operating officers and chief strategy officers from large law firms, owners and managers of new legal service provider companies, board members of global associations relating to legal operations, and researchers exploring the legal operations market and its impact on legal departments’ operating models. During the in
Deloitte Legal
- Dec 13, 2018
- 2 min
Legal Technology Transformation: Going beyond risk and compliance
Enabling the legal function to embrace digital transformation There is a general consensus that technology can make a big difference to the way legal functions work. In some markets, the legal function has been working with technology for some time and they are on their second or third wave of tooling solutions. In others, legal is exploring how technology might be used and which of the many products available on the market is best aligned with their needs. With the rise of n
LegalIQ
- Jul 13, 2018
- 1 min
Trend Report 2018 AI and the future of Law
AI is reshaping the way in which law is practised and delivered and is now considered a tangible reality for the industry, offering the opportunity to revolutionise day-to-day legal processes and re-think the way that we approach litigation and basic legal tasks alike.
>> View the survey report here
In just the next 18 months there will be huge developments in the sector with new, innovative ways of providing client services and ways working within your department.
In l
Blickstein Group & Exterro
- May 22, 2018
- 1 min
2nd Annual Study of Effective Legal Spend Management
In this report, survey respondents provide insight into organizational-level budgeting trends, evaluate 22 different legal spend management techniques, and analyze the most common challenges and impediments to effective legal spend management. With the information in this report, you can take strategic and tactical measures to manage in-house and external legal spend more effectively than ever. Download the report here #BlicksteinGroup #NeedtoRead #AllUpdates #ReportsandSurve
Buying Legal Council
- May 10, 2018
- 1 min
2018 Buying Legal Services Survey
Legal procurement is no longer an unchartered territory: Following top management’s mandate to not only reduce spend but to also drive more value from law firms and legal services providers, by increasing the quality of work within legal spend, procurement has clearly demonstrated its own value contribution. The majority of legal spend is now under (some) review and active spend management. A relationship-only business approach to buying – and selling – legal services is now
Editorial dept. (press release)
- Jan 17, 2018
- 3 min
Deloitte Legal is entering the Global Market with Legal Management Consulting
Deloitte Legal Launches Legal Management Consulting New global offering aims to help corporate legal departments to take on the future AMSTERDAM, 15 January 2018 – Deloitte Legal today announced the launch of Legal Management Consulting (LMC), a global multidisciplinary offering designed to help General Counsel and their in-house legal department teams navigate rapid legal industry transformation. Through its new LMC offering, Deloitte Legal and other Deloitte practices aroun
By Editorial Department
- Jan 4, 2018
- 2 min
2018 Client Advisory Report Legal Market by Citi and Hildebrandt Consulting
Citi Private Bank and Hildebrandt Consulting Published an interesting report on growth in the Legal Market. Their executive summary states: The law firm industry remains in a channel of modest demand growth with high levels of dispersion and volatility.1,2 Revenue growth during the past several years has come primarily via standard rate increases, as realization has been under pressure and the modest demand growth has added limited lift. Headcount growth has come in the form
Nic. Rossen, Rossen & Company
- Dec 8, 2017
- 5 min
Big Law lacks Good Branding
Special request: We republish this article from our archive for educational purposes (original publication date July 26, 2016) A study conducted by a Danish PR executive, Nic. Rossen who interviewed 50 business managers related to his firms’ clients, associates and affiliates on the brand perception of US management consultancies vs. Can well-crafted publicity persuade business managers abroad to perceive and prefer fake corporate law firms over real ones promoted by advertis
By Editorial Department
- Nov 22, 2017
- 2 min
General Counsel are expanding beyond their traditional role to embrace new leadership responsibiliti
Announcement TerraLex New study from TerraLex shows regulatory concerns are now joined by a focus on cybersecurity, data privacy and other corporate priorities.
The role of the corporate general counsel continues to evolve to include new, important areas of focus and responsibilities. While maintaining a firm handle on the traditional functions of the legal department, a just-released survey of general counsel reveals that their role is increasingly concerned with regulati
By Editorial Department
- Nov 20, 2017
- 2 min
Time for change PwC Law Firms’ Survey 2017
Not familiar with this survey?; An interesting and a definitely need to read report by PWC. From the survey: Introduction Last year’s Law Firms’ Survey, being the 25th anniversary edition, looked back over the period since 1991 and described law firms having ‘stood the test of time’, surviving and prospering as many did through that period. However, as we move through and beyond 2017, we believe the pace of change will accelerate. The impact of new competition is growing, and
By LegalVision
- Oct 20, 2017
- 1 min
Transforming the Legal Landscape:
THE NEWLAW PHILOSOPHY
A Comprehensive White Paper on NewLaw Opportunities and Challenges. NewLaw is here. Its influence is spreading and it is seeking to provide innovative solutions for clients. This report will help lawyers and law firms navigate the NewLaw landscape. An essential read for any lawyer interested in the future of law, it covers a breadth of NewLaw topics including legal tech trends, benefits of legal process design, the future of legal outsourcing, case studies on smart contracts
By Stephen McGarry
- Oct 4, 2017
- 4 min
The Big Four and the Real Global Legal Market
Many recent articles on legal market share have focused on the threat of the re-emergence of Big 4 in the legal profession. The fear results from the fact the Big 4 has both a global network and daily contact with most of the largest companies. Is this a real threat or an imagined one? In 2002 I wrote and edited a book for ALM, Multidisciplinary Practices and Partnerships: Lawyers, Consultants, and Clients with a dozen other authors. (Unfortunately, one month after publishi
By SVAMC
- Sep 28, 2017
- 2 min
Survey Shows Top Challenge with Tech Litigation is Cost
September 27, 2017, Palo Alto, CA – Silicon Valley Arbitration & Mediation Center (SVAMC), a leading not-for-profit that advances the use of arbitration and mediation in technology-related business disputes around the world, today released the results of a study that underscores the benefits of arbitration over litigation for companies throughout the technology sector. SVAMC, together with the Global Technology Dispute Resolution Council, recently surveyed corporate and law f
By By Dr. Silvia Hodges Silverstein
- Sep 14, 2017
- 5 min
2017 Legal Procurement Survey
'What We Found'
Procurement continues to gain traction in companies with considerable legal spend. Many large companies today have a department dedicated to sourcing legal services. Legal procurement professionals trained in data analysis and sourcing technology help with spend management. They carefully reduce the number of firms the company instructs and ensure billing guidelines are established and followed. In the last decade, legal fees have been under intense scrutiny. Publicity about
Editorial Dept. | Adam Smith, Esq.
- Jun 29, 2017
- 2 min
What Makes the Elite New York City Legal Market So Different?
From time to time, as some of you know, Adam Smith, Esq. produces whitepapers and research reports which we selectively distribute to clients and readers who show special interest in the particular topic. Today we have just such a publication, What Makes the Elite New York City Legal Market So Different? Bruce MacEwen & Janet Stanton: "We were motivated to research and write this analysis to try to answer the perhaps obvious question of why is it that non-indigenous firms--be
Editorial Dept.
- Jun 19, 2017
- 1 min
Innovation in Global Legal Business
Report on Legal Innovation by Legal Support Network For their report Legal Support Network and the 'Briefing' staff conducted at-length interviews with 40 decision makers in top-tier law firms in the UK, the US, Europe and South East Asia, and in-house counsel, consulting, NewLaw and LPO businesses. Furthermore they conducted an online survey of over 60 decision makers in top international law firms with a related set of questions based on our interviews. These were analysed
By Skadden
- May 3, 2017
- 1 min
2017 Insights A collection of commentaries on the critical legal issues in the year ahead
Read the 2017 insights by Skadden, Arps, Slate, Meagher & Flom LLP and its affiliates. Significant political developments in 2016 set the stage for potentially big shifts in regulation, international relationships and enforcement activity in the year ahead. How these factors play out — and the subsequent impact they have on business activity — remains to be seen. We offer our take on the corporate, litigation and regulatory developments most likely to influence the world our
By Mark A. Cohen
- Feb 7, 2017
- 6 min
The 2017 Georgetown Legal Report And The Sunset Of The Traditional Law Firm Partnership Model
The Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Legal Executive Institute recently released their 2017 Report on the State of the Legal Industry. ‘The Georgetown Report,’ as it's commonly referred to, confirms that corporate legal buyers are directing more work away from large law firms, electing to take it in-house or to legal service providers (read: alternatives sources to the traditional law firm partnership model).
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