At 3 Geeks, we have previously touched on the concept of Third Party Litigation Funding (TPLF) and its potential impact on the profession. Today we are fortunate to have Danielle Olofsson, a Knowledge Management Lawyer from Montréal Canada, bring us the Canadian perspective. This guest post highlights the continued evolution and growth of TPLF
OK … so that’s not exactly what the DC Bar said, but take a moment and think about what two recent DC ethics opinions are suggesting. The Bar opinions note that many e-discovery vendors providing document review services are either a) practicing law without a license (opinion 21-12), or b) splitting fees improperly with non-lawyers (opinion 362
In my role, I am fortunate to see the various market updates on demand, productivity and other key legal market stats. One fairly consistent stat over the past few years has been flat market growth (a.k.a. no market growth). Although there have been minor ups and downs on this stat (most recently a slight up-tick),
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In the past I have talked about how law firms have become profit-margin businesses versus their old cost-plus model. And I have alluded to the fact that associates and other non-partners are the source of margins and therefore profit. So I thought I would take a crack at modeling a single associate
Stupid Greg has the irritating habit of making me think. Recently he asked if I thought there might be an ‘Enron’ incident on the horizon of the legal market. We were discussing the rise of the non-law firm. I was blabbering on about how non-law firms continue to take market share, when Greg posited
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I always enjoy an interesting convergence of ideas. Recently three news items hit my radar that appeared unrelated, until I gave them each a second look and more thought. The first item was the release of the whitepaper from Reuters (of Thomson / Westlaw and Pangea3, the LPO). The paper is entitled,
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On Wednesday I had the pleasure of meeting with Tom Baldwin and Scott Preston to discuss LPM and general law firm challenges. One subject came up that triggered a repressed memory. Tom mentioned the importance of the users’ experience – UX or UI (user interface) depending on your perspective – when seeking adoption
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The consumerization of technology is a hot topic in the legal market. But one overlooked corner of the market also experiencing this trend is the courts. Today’s guest post comes from inside the courts to examine the same phenomenon there. Judge David Nuffer, of the Federal District Court in Utah,
Legal Project Management (LPM) can now officially be crowned the buzz-phrase of 2012. Although not many firms have fully integrated LPM in to their practices, the need for embracing it is a foregone conclusion. Being faced with this challenge has caused me to put many brain cells on the how and why of LPM and
Following up on the post about The Dewey Situation, I had seen some dialog about how service partners are becoming second class citizens. First off – I define service partner as a partner with sufficient legal skills, but not one with a sufficient book of business. These are typically very good lawyers and their