- Suppliers in the spotlight: A look at procurement priorities for law firms in 2019
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Resource - 04/02/2019 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
Procurement plays an essential role in law firms’ ability to reduce and contain costs, manage risks and improve the level of supplier service delivery. Reflecting procurement’s rising value, a majority of law firms (67...
- The edge effect of the legal ecosystem
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Resource - 31/01/2019 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
In ecology, the term “edge effect” refers to the boundary of two or more habitats. At the edge of two intersecting habitats scientists find greater diversity of life, including unique species that are specially adapted to the...
- HBR Consulting: LegalXchange 2018 executive summary
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Resource - 22/01/2019 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
The legal industry is at an inflection point.
Yes, we may still be discussing some of the same challenges that surfaced years ago in the legal ecosystem, but now we have a sense of “vuja dé” – seeing something familiar...
- HBR Consulting: Seven steps to improve law firm compliance with outside counsel guidelines
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News Article - 20/12/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
Back in the day, law firms and clients usually set forth the terms governing their relationships in standard engagement letters. But more recently, as bargaining power has shifted away from law firms and toward clients, organizations have begun...
- HBR Consulting: Three reasons to get a second opinion on IT lifecycle management
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Resource - 19/12/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
Senior IT executives carry the burden of making the final decisions on hardware and technology support options needed to run the applications that drive their corporate or law firm business functions. These are always high-stakes decisions...
- HBR Consulting: Three steps to gain firm leaders’ buy-in for procurement investments
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News Article - 18/12/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
HBR recently held its annual Procurement Roundtable, an invitation-only gathering of 25+ law firm procurement leaders. In connection with the Roundtable, HBR surveyed the participants on a variety of procurement-related topics ranging from...
- HBR Consulting's annual survey finds growth in total legal spending as law departments report rising legal needs
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News Article - 30/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
Despite increase in spending, survey report also reveals law departments continue to take measures to contain costs, enhance operational efficiency.
As global organizations continue to report increased legal needs, corporate law...
- HBR Consulting: How law firms can assess and adapt to changing skill needs for information governance
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News Article - 29/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance, Knowledge Management
As law firms recognize the growing importance of an information governance (IG) strategy, they are beginning to think about how they can transform traditional records management (RM) staff into true IG professionals. This shift, which is driven...
- HBR Consulting: Law firms must act with urgency to keep pace with law department analytics maturity
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News Article - 27/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance, Knowledge Management
I had a clear message to deliver to those in attendance when I took the stage at this year’s International Legal Technology Conference (ILTACON): law departments are gathering, centralizing and sharing more data than ever, and many...
- HBR Consulting – Office 365 teams: The surprising disruptor
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News Article - 22/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance, Knowledge Management
October was once again packed with conferences, from large international events to smaller regional and industry-specific seminars and roundtables. If there was one word that was thematic across all of these events this year, it was “...
- HBR Consulting: Why your organisation needs a data map
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News Article - 19/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance, Knowledge Management
At this year’s annual ARMA Live! Conference in Anaheim, we conducted an informal survey of the 300+ visitors to our booth, asking a single question:...
- Law firm library services: Four questions to guide strategic budgeting by HBR Consulting
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News Article - 16/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
Fall is officially here, and many of us are already enjoying colorful leaves and cooler weather. Along with these pleasures of the season, many law firms are also gearing up for another budget cycle. While the annual process of reviewing prior...
- HBR Consulting – #SOLID18 East reveals legal innovation themes and emerging best practices
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News Article - 06/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance
The Summit on Legal Innovation and Disruption (SOLID) East, held on September 13, 2018 in New York City, delivered on its promise to bring together professionals who are transforming the legal industry. The daylong event held an action-packed...
- HBR Consulting's business acceptance survey report
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News Article - 05/11/2018 : Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Finance, Technology
Business acceptance practices have become more complex and strategic over the past several years as departments have evolved from back office, risk management functions to vital, strategic partners to the organisations they support. Law firms...
- HBR Consulting look at the analytics in law: An expanding field of play
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Blog post - 29/10/2018 : Analytics, Law firm consulting, Law firm managed services, Law firm operations, law firm technology, Legal consulting, Risk & Compliance
Data science and analytics are relatively new to the legal industry. While companies across almost all sectors are investing heavily in analytics, legal organizations are very much in the early stages of learning and adoption.
That...