We at 3 Geeks will be watching with great anticipation and interest in how the 2010 Rate Increase Season unfolds. Firms and lawyers are facing a significant challenge this year. On one hand we have a zero inflation year (based on your source). And clients are still in cost-cutting mode – not very excited
Computing in the Cloud (f.k.a. SaaS, Hosted Applications, ASP, Thin Client computing, etc.) is all the rage these days. And it incites a high level of emotion amongst both its supporters and detractors. Those holding back against the Cloud trend point to security of information (for lawyers this is your clients’ information) as
Previously on 3 Geeks we discussed how Alternative Fee Arrangements (AFAs) might evolve on the law firm side of things. This post explores a possible evolution for how AFAs might evolve on the client side. Whereas law firms will need to insure profitability as they embrace AFAs, clients will need to solve the value-to-price equation
Having spent considerable time working with Alternative Fee Arrangements (AFAs), I am starting to see a more defined path for how AFAs might evolve within law firms. So based on my experience and all I have read about AFAs, I predict the following evolution for law firms:
1) Setting Price. Lawyers and firms are
“Always and never are two words you should always remember never to use.” Wendell Johnson A recent ‘debate‘ on Ron Baker’s Verasage site got me thinking about hourly versus value or fixed fee pricing. The substance of the debate between Ron and Colin Jasper focuses on whether hourly billing is ever justifiable. As
Coming on the heels of our Gmail Waives Privilege dialogue, I came across even further evidence of the dangers of using free email systems like Gmail. As reported in the Washington Post and published by the Houston Chronicle, for only $100 you can buy the password to a any freemail account. The article explains
Previously on 3 Geeks, we posted on the dangers of using free email services like Gmail. The basic argument is that by granting a property right to content (a.k.a. client information) to Google, lawyers risk of waiving privilege. We had an interesting set of comments come in from this post, exploring how serious this problem
Recently I noticed a resurgence of the debate on the wisdom of lawyers using hosted, freebie email accounts. The basic concern has been about the security of these types of email addresses. It is quite easy to spoof one of these addresses and intercept communications. As well Twitter can testify that once cracked, the passwords
Jordan Furlong’s question on The Future of CLE posted on LinkedIn got me thinking. The question leveraged my prior 3 Geeks post on the Googlization of CLE and included his comments about how CLE’s role could shift towards professional development. So what if we take a step beyond Googlization (which is so “3 months
Some recent comments disparaging leverage inspired me to pick up the gauntlet. Much like Dennis and Tom’s recent podcast on “What Technology is Dead Today” I expect the title and discussion promoting leverage may bring some attention.
In Patrick Lamb’s post on the subject he chastises Lexis for promoting good leverage in an