But what are we really talking about when we talk about leverage? I suggest we are actually talking about profit. But just
law firms
KM's View of E2.0 – Savior or Harbinger of Death?
There seems to be a lot of discussion around Knowledge Management (KM) and where it fits within the ever popular Enterprise 2.0 (E2.0) world. Seems like the discussion is coming straight out of a Dickins novel: “Knowledge Management in 2009… It was the best of times, it was the worst of times.”
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Open Source in Law Firms – Unimaginable or Brilliant?
I know, you don’t expect to see “open source” and “law firms” in the same sentence unless it is discussing how a law firm is trying to find a way for its clients to claim copyright on something they built upon an open source product. But that’s not what we’re talking about here. I really…
Alternative Fees – "How To" Tech
All this talk about alternative billing and alternative fee arrangements (AFAs) might lead one to believe there are numerous tools on the market for managing these.
I’ve previously posted on 3 Geeks about how budgets sit at the core of AFAs and on methods for building reasonable budgets. With that concept in mind,…
How Law Firm Leaders Can Learn From Reuters' Challenges
I usually don’t post on the weekends, but I found this quote last night and it really stuck with me:
We must devote the time now to demystifying what we do, and working in concert with those who would seem to be a threat to the old order.
Remember that the world ultimately is a
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The Value Sweet Spot
Jay Shepherd’s post on ‘associates as overhead’ got me thinking about associates and value. Jay closes his post with the comment, “They (clients) want to pay for value.” His main point is that law firms should bill by value and not by time keeper. This idea has merit, but as I have…
Security Priorities for Law Firms
Bruce Schneier, the guru on security, posted on the differences in information security breaches by type of industry. Schneier is referencing a scientific study of security breaches. This study was looking to see if there were major differences in types of breaches by industry. Professional Services is one of the industries highlighted.
Looking into…
Crowdsourcing Part 5 – Less Time + More Money = Better Quality?
Crowdsourcing Part 4 – Time, Money and Quality
Toby and I had some left over money in our MTurk Crowdsourcing account,…
Crowdsourcing Experiment – Part 2 – Looking at the Stats
After turning the MTurk crowdsourcing world loose on our project for about 30
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