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Lex Connect Curated Reading List May 30, 2014

Lex Connect Curated Reading List

 

 With so much content available on-line, it is easy to miss the really good stuff. 

 Fear not, we have curated the best Legal Operations & Legal Technology blog and articles.
 Enjoy your 30 minutes power reading.

 

Changing Role of In-house Lawyers

In-house lawyers are adapting to meet internal demands for greater efficiency, while also advising on strategy – not to mention the law.
A 2013 survey undertaken by City law firm RPC showed that 68 per cent of general counsel (GC) respondents were involved in formulating commercial strategy.

An Incomplete Inventory of New Law

So I was asked to give a presentation about “NewLaw.” No problem at all — aside from the minor, niggling detail of figuring out what “NewLaw” is supposed to be. Like other terms in vogue within the legal profession (cf. “non-lawyer”), we seem to understand better what “NewLaw” isn’t than what it is. 

 

 

Upheaval in law firm e-discovery billing practices

Law firm billing continues to be a hotly debated topic. Firms who traditionally billed for fancy meals, first class tickets, copying fees, word processing, and pricey legal research have been fighting a losing battle with their clients who routinely strike these items off invoices, and claiming they should be absorbed as “overhead.” Frustrated with the escalating costs of e-discovery, organizations are now turning a keener eye to law firm billing practices.

 

 

 

Law in the Boardroom 2014

Cyber risk, M&A, shareholder engagement, and compliance dominate today’slegal oversight environment. Here are the results of our nationwide survey of directors and general counsel on the risks that matter most in 2014

 

Changes in the market for legal service

In the 80’s the law firm market was still fairly homogeneous. Most firms were operated more or less in the same way, distinguished only by size and territory they covered. Lawyers did not yet address strategic issues.

 

 

 

GC's in the Boardroom and Beyond

Survey Shows More GCs in Key Management Roles.More companies are recognizing the full value of General Counsel—value that extends far beyond legal advisor. Today’s General Counsel play an increasingly important role in shaping company strategy and protecting the bottom line, according to results of a recent survey of directors.

 

 

Finding the Signal in the Noise: Information Governance, Analytics and The Future of Legal Practice?

In the watershed year of 2012, the world of law witnessed the first concrete discussion of how predictive analytics may be used to make legal practice more efficient. That the conversation about the use of predictive analytics has emerged out of the e-Discovery sector of the law is not all that surprising: in the last decade and with increasing force since 2006—with the passage of revised Federal Rules of Civil Procedure that expressly took into account the fact that lawyers must confront “electronically stored information” in all its varieties—there has been a growing recognition among courts and commentators that the practice of litigation is changing dramatically.

 

 

The 2014 Ethics and Compliance Effectiveness Report

LRN has conducted its annual survey of Ethics and Compliance (E&C) programs for seven years. That has involved collecting in-depth information on a wide range of issues, behaviors, and program attributes from a diverse and representative sample of programs around the world. Throughout that period, the survey report has been a very popular source of information for E&C practitioners in search of benchmarking data, suggestions of leading practices, and trends.

 
 

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