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Lex Connect Curated Reading List June 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.

 

An Open Letter to GCs and Law Firms: In Many Ways, Our Challenges Are Similar

Law firms are facing challenges that would have been unimaginable when I started my legal career more than 30 years ago. Today, the combined force of a challenging economic climate, a changing environment and slow economic growth is severely testing the creativity of the managing partner and practice group leaders who make up a law firm's leadership team. 

The CFO and General Counsel Relationship

Accountants and lawyers, those who become Chief Financial Officers (CFOs) and General Counsels (GCs), have different mindsets and training. The accountant learns to attack the problem and find the solution. The legal practitioner learns to argue both sides of an issue.

 

 

 

 

The Looking Beyond the Gartner Magic Quadrant for Ediscovery Software: eDisclosure Information Project

Gartner’s annual Magic Quadrant for eDiscovery software was published last week. I am not sure that I am authorised to publish it, but you can find several copies of last year’s version on the web. I wouldn’t worry too much about the differences if I were you.

 

 

 

 

A Chilling Message: Prosecuting Chief Compliance Officers Corruption, Crime and Compliance

As Chief Compliance Officers rise in the corporate hierarchy, they will become the focus of more enforcement actions. This increased focus on prosecution of CCOs could have a chilling effect on their performance and the rapidly increasing pool of talent seeking to enter the compliance profession.

 

 

 

 

Ethical E-Discovery: The Duty of Competence

Competent representation requires the legal knowledge, skill, thoroughness, and preparation necessary for the representation.” Not only must lawyers "keep abreast of the changes in the law and its practice" but, according to revised Comment 8 to ABA Model Rule 1.1, they  must also know about “the benefits and risks associated with relevant technology.”

 

 

 

Legal Knowledge Management (KM) Trends Today

My business partner Joshua Fireman and I recently co-moderated a roundtable of large, NYC-based law firms to discuss legal knowledge management trends. Our discussion covered four broad KM topics. For each, we had prepared talking points, which we share below, followed by highlights of the group discussion.

 

 

 

Information Governance: What To Do About Elusive Documents

Everyone has their own definition of information governance and their own take on what it means in the context of content management. Experts across the industry are trying to tease the issue apart because as Barclay Blair, co-founder of the Information Governance Initiative, told former FCM Editor Ron Miller, "Most organizations have very little idea what information they have, where it is or what it is--much less understanding whether it can help or hurt them."

 

An Ediscovery Market Size Mashup: 2013-2018

Taken from a combination of public market sizing estimations* as shared in leading electronic discovery publications, posts and discussions over time, the following eDiscovery Market Size Mashup** shares general market sizing estimates for both the software and service areas of the electronic discovery market for the years between 2013 and 2018.

 

 

 

Electronic Discovery Best Practices

Everyone has their own definition of information governance and their own take on what it means in the context of content management. Experts across the industry are trying to tease the issue apart because as Barclay Blair, co-founder of the Information Governance Initiative, told former FCM Editor Ron Miller, "Most organizations have very little idea what information they have, where it is or what it is--much less understanding whether it can help or hurt them."

 

 

 

Proposed Knowledge Management UTMBS Code Set Public Comment Period

UTBMS stands for the Uniform Task Based Management System, a series of codes used to classify the legal services performed by a law firm in an electronic invoice submission.

 
 
 
 
 
 
 
 

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