Lex Connect Curated Reading List
Fear not, we have curated the best Legal Operations & Legal Technology blog and articles.
Enjoy your 30 minutes power reading.
As I wrote this blog post during the holiday season, I wondered what I would include on my KM wish list. I imagined having no technology, time, money, resource, attorney-bias or other constraints that might otherwise limit me. Ignoring these constraints can help generate creative and innovative KM ideas that might then be implemented to support your law firm’s or in-house legal department’s KM initiatives.
Very few lawyers have the time or the inkling to get the big-picture view of the rapidly-evolving legal industry, but they feel the pressure of change. When I practiced at a large law firm, I often thought about how the time I spent on a case translated to my clients’ money, and I constantly performed the cost/benefit analysis in terms of dollars at stake versus dollars the client was spending for me to advocate on their behalf.
We often come across the concept of “legal fiction” in law: corporations, survivorship, adoption, real property, etc. In particular, large law firm partnerships are a legal fiction, and the fiction becomes paramount when one views the decision-making processes involved in keeping a firm viable under today’s changing ground rules. Decisions that would be in the best longterm interest of an organization are often different than those actually made by individuals within it, due to factors such as ambiguity, temporal impacts, repetition, and conflicts (see, e.g. Organizational Decision Making).
The legal profession is still feeling the pressure of billable hours despite law firms purporting to switch to new pricing models. The data, obtained by The Australia Financial Review’s December 2014 partnership survey, found across 27 law firms most had billable targets of between six and seven hours a day. It is the first time law firms revealed their billable targets in the survey.
The Fresh thinking on the evolving BigLaw–NewLaw taxonomy is emerging as the legal services ecosystem evolves apace.
This post shares a synthesis and critique of views on a way of classifying legal services that seeks to elucidate the current status of BigLaw–NewLaw and some of the implications of this lens.
When giving a talk - I find it very useful to do a quick, visual cover sheet for what the flow & the punch of the talk should.
I am pleased to announce the release of my new e-book: The Revolution in Ethics and Compliance. You can download the book for free from JD Supra here.
As I wrote in my introduction, “My hope is that my contribution can lend some weight to an already significant revolution in corporate governance — the rise of the compliance professional and the dedication of corporate leaders and organizations to ethics and compliance.”