Toby had a chance to sit down with Shy Alter, Peter Krakaur and Andrew Terrett to discuss the practicalities of Legal Project Management. The ILTA TV program discusses the issues surrounding LPM and whether we are attempting to turn attorneys into defacto Project Managers along with the principles and best practices of LPM in law
The End of Write-Offs?
Greg and I were talking over lunch recently about the role of Legal Project Management (LPM). The more I have dug into this topic, the more skeptical I have become about its role with AFAs. The common wisdom is that the fixed fee aspect of AFAs will drive the need for LPM. On its face,
Leading On Things that Matter
Over the weekend, I left the family room computer screen open on Hugh MacLeod’s Gaping Void cartoon that I linked to last Friday. My wife walked by, glanced at the screen, and then turned to me and said “That is a great quote.” I put my coffee down and looked over to see what she
You Can Call It Knowledge Management If That Makes You Feel Better About Yourself
I have to tell you that coming away from the ARK conference on Knowledge Management, I was a little disappointed with the direction that many of the law firms are taking with the idea of Knowledge Management (KM). Some of the presenters were showing products that were very “flashy” and useful, but weren’t really what
Process Innovation Over Legal Project Management
A recent post from Eric Elfman got me thinking about the ROI of process improvements versus project management for lawyers. Much attention is being given to legal project management (LPM) these days as the savior for attaining efficiency in a legal practice.
Eric’s point is that process improvement will bring more value to lawyers. In
The Value of Efficiency?
Ron Baker left one of his usual insightful comments on the 3 Geeks blog this week, so I wanted to address some of the issues he raised in relation to the concept of Efficiency.
Ron notes: “There’s a fundamental problem with this relentless focus on efficiency. A business isn’t paid to be efficient; it’s paid
Graphing the New Normal – Pricing and Margins Over Time
A recent conversation lead me to draw this graph on a napkin over lunch. The graph is a comparison of pricing power and profit margins for monopolies versus competitive markets over time. What the conversation was about was the shift in the legal market away from monopoly pricing – towards a competitive market. As one
The 'Fuzzy' Difference Between Case Management & Legal Project Management
I sat in yesterday on an event hosted by LexisNexis on the webinar/virtual panel entitled “The Discipline and Benefits of Project Management.” The two panelist were Bruce MacEwan, Founder, Adam Smith Esq., and Tom Birsic, Partner and Litigation Practice Leader, K&L Gates, and both had a lot to say about the current state