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Lex Connect Curated Reading List January 15, 2015

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.

 

Legal Innovation in 2014 and Beyond

Technology will continue to invade the legal services industry as law firms and companies operating in the legal services space take advantage of the many possibilities in today’s market.

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 Discounted Rates are Leading Alternative Fee Arrangement for Corporations

When it comes to controlling costs, alternative fee arrangements still rank high among corporate legal departments, and most have experimented with alternative fee arrangements (AFAs), according to the newSeventh Annual Law Department Operations Survey.

 

 

 

 

 

 

 

The Person of the Year - the Chief Ethics Officer

This year I am recognizing the Chief Ethics Officer as the Person of Year.

Many companies have embraced the importance of ethics as an important function as related to, but separate from, the compliance function. Wal-Mart has appointed a Chief Ethics Officer, and more companies are refocusing compliance programs on the importance of ethical culture.

 

 

 

 

What Did We Learn About eDiscovery in 2014?

As 2014 draws to a close, it is time to reflect on the cases from this year in eDiscovery. One of the biggest trends I took away from caselaw in 2014, is that more Judges have a greater understanding of eDiscovery, resulting in practical opinions.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Lex Connect Curated Reading List April 1

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.

 

Infographic Friday: The Case Against Billable Hours

Data suggests that smaller firms are more inclined to structure alternative fee arrangements (AFA) than larger firms. 

However, as so often in law, such assertions –  even data driven assertions – are not always so cut and dry. Whether that’s true or not might be better answered by saying, “It depends.”

What took them (clients) so long?

A recent article in Inside Counsel magazine, Boston corporations demand changes in law firm billing, declares in its subhead that "A major shift is taking place in Boston’s legal industry as more corporations shop for legal services based on price, not brand."What took them so long?

 

 

 

Today’s General Counsel Conference in eDiscovery 

This highly interactive colloquium will provide a deep understanding and practical advice regarding major e-discovery challenges facing organizations today. This program introduces a NEW type of e-discovery event

 

The trouble with in-house lawyers

The in-house lawyer has become a mainstay of the head office support infrastructure. Alongside Finance, Marketing, HR, Audit and Facilities Management, the in-house legal team is part of the predictable fabric of corporate and public sector overhead.

 

 

A time of Unprecedented Innovation in Legal Technology

I am convinced that I have never before seen a time of such intense and creative innovation in legal  technology. However, it is not LegalTech that has me thinking that; rather, it is a legal-tech sideshow that coincided with it called ReInvent Law NYC.

Ediscovery Trends: Whatever happened to structured data

A few years ago there was much interest in the e-discovery of `structured data’.
Putting aside some definitional issues, structured data means databases of all kinds 

 

 

 

The Inversion of Knowledge

Knowledge management was, in its early years, largely a top-down enterprise.

Driven by a concern that corporate knowledge repositories would quickly fill up with inaccurate, useless junk without rigid quality review, organizations created small priesthoods of knowledge administrators responsible for virtually all authoring.

 

 

 

Litigation: Effective use of Early case assesment 

Legal spend on litigation, through both indemnity and defense dollars, is constantly scrutinized by management. When approaching in-house legal on the topic, they often ask, “How do we manage these numbers better?” or “How do we get these numbers down without sacrificing results?” Development and consistent implementation of an early case assessment protocol is a solution that can be part of the answer to both questions. 

 

 

 

 

Ethics and Compliance top of minds for GC's

“I sleep like a baby, meaning I wake up every night screaming and crying.”

Those were the words of Larry Thompson, EVP. Government Affairs, GC and Corporate Secretary, PepsiCo., as he discussed the weight of ethics and compliance on the head of a general counsel at the opening session of the sixth annual Global Ethics Summit.

 

 

Reinventing the Law Department: Building a World Class Legal Operations Function

We asked several of Huron Legal’s managing directors and senior directors about law department management trends for 2014
Following are some of the challenges and solutions law departments will be looking at in 2014.

 
 
 
 

Lex Connect Curated Reading List April 15

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.

 

Machine Learning and Law

Broadly speaking “machine learning” refers to computer algorithms that have the ability to “learn” or improve in performance over time on some task. In general, machine learning algorithms are designed to detect patterns in data and then apply these patterns going forward to new data in order to automate particular tasks.

Here come the robot lawyers 

The law profession is being reshaped by new automation technologies that allow law firms to complete legal work in a fraction of the time and with far less manpower. Think IBM's "Jeopardy!"-winning computer Watson -- practicing law.

 

 

How to calculate ROI for E-Discovery (with Calculator)

In this post I use a case study to explain how to calculate the ROI for improving the E-D processes. Then I provide a calculator you can use to model your own situation. If the case study bores you, just scroll down and download the calculator. Take a whack at it with your firm’s own numbers.

 

 

 

101+ eDiscovery Resources: An Abridged Overview

Designed to provide a salient starting point for individuals seeking information related to the field of eDiscovery, this abridged overview of eDiscovery resources provides readers with a non-comprehensive listing of key industry informational resources.

 

Insider view – Interview with Dan Fitz, General Counsel at BT

In our latest blog we speak to Dan Fitz of BT Group. As Group General Counsel and Company Secretary, Dan is no stranger to innovating and talks to us about doing more for less, the issues arising from the traditional law firm model and his plans to develop BT Law.

 

 

 

Considering eDiscovery Providers

Comparing and contrasting eDiscovery providers is a daunting task when one considers the multiple stages of eDiscovery, the many providers of eDiscovery offerings, and the fact that most provider comparisons today are based on solely on stage (EDRM¹) or feature/function capabilities. 

 

 

 

Don't Define Knowledge Management Strategy Without Assessing Knowledge Management Maturity

When it comes to developing a Knowledge Management strategy, we can’t over-emphasize the importance of understanding your organization’s level of maturity. According to Nina Platt, a Senior Director at LAC Group and well-respected KM thought leader, “If you are still in your infancy, the strategy would be different than what it would be if you were further along or more mature in your implementation and use of Knowledge Management tools and principles.”

More Than Half of Compliance Officers Expect Personal Liability to Increase in 2014 

The growing numbers of senior managers facing enforcement actions by regulatory bodies all around the world are leaving compliance officers themselves feeling quite vulnerable these days.

 

 

 

 

eDiscovery in a New Era

Last week I attended the 8th Annual Sedona Conference Institute Program, “eDiscovery in a New Era: New Technologies, New Media, New Rules.”

During the initial session, leaders polled the audience as to how many were first-timers at the event, and a significant number of attendees raised their hands. I've attended the annual event for the past four years, and am encouraged to see more people taking an interest in improving their e-discovery processes.

Reinventing the Law Department: Building a World Class Legal Operations Function

We asked several of Huron Legal’s managing directors and senior directors about law department management trends for 2014.Following are some of the challenges and solutions law departments will be looking at in 2014.

 

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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