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Law Firm Ownership: the Great Canadian Debate of 2015

In 2015, all the noise in Canada is about alternative business structures (ABS). Last year, the Canadian Bar Association (CBA) released its Futures report, which…

Gail J. Cohen February 19, 2015

Legaltech 2015, Part 2: Room for the Newbies: The Stages of Technological Innovation

(This is the second part of David Curle’s coverage of the Legaltech 2015 conference. Read the first part of his coverage here.) CodeX, the Stanford Center…

David Curle February 19, 2015

Peer Monitor Economic Index Falls in 4th Quarter

The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, fell in the fourth quarter, dropping three points to 54.…

Peer Monitor February 18, 2015

Legaltech 2015, Part 1: Cutting Edge Comes to the Old School

Legaltech, which takes place early every year in New York City, is the biggest trade show and conference covering the legal technology industry. In recent…

David Curle February 18, 2015

Upcoming LEI/Stanford Emerging Legal Tech Forum to Focus on How Tech Will Alter Delivery of Legal Service

We have an important new program coming up on April 9 in New York: The Emerging Legal Technology Forum. The one-day Forum is designed for…

Ralph Baxter February 17, 2015

Women’s Transformative Leadership Summit: Leveling the Playing Field for Tomorrow’s Business Leaders

Thomson Reuters’ Women’s Transformative Leadership Summit is fast approaching. The day-long event, entitled Empowerment by Improving Participation and Representation, will be held on March 3…

Gregg Wirth February 12, 2015

RULES of Law Firm Profitability, Part 2

In my previous blog post, I discussed the basic levers of profitability, which are commonly referred to as RULES—Rates, Utilization, Leverage, Expenses and Speed. I…

John M. Westcott, Jr. February 11, 2015

Law Firm Careers: New Jobs, New Criteria, New Measurement

The core of any law firm is its people. That has been so since law firms were first formed. It will always be so. What…

Ralph Baxter February 10, 2015

IBM Watson Might Transform the Practice of Law. Will it Fix Law Itself, Too?

It happened recently as I was looking at demonstrations of two very interesting new technology-based companies that help automate due diligence processes. eBrevia and Diligence…

David Curle February 09, 2015

The Delicate Relationship between Firm Leader and COO

The team of a Firm Leader and a Chief Operating Officer (COO) is two people who have been forced to work together—rather than having chosen…

Patrick J. McKenna February 05, 2015

RULES of Law Firm Profitability, Part 1

Law firms of all sizes are constantly trying to fine-tune the basic levers of profitability, which are commonly referred to as RULES: Rates Utilization (high…

John M. Westcott, Jr. February 04, 2015

Law Firm Leaders Will Face Challenge of Moving Firms into Shifting Future

This week, I want to share some suggestions on law firm leadership. I do so because I believe leadership, or the absence of it, will…

Ralph Baxter February 03, 2015