Collaboration

Collaboration is key to maximizing share of clients’ legal spend

Many law firms dream of gaining a larger share of their clients’ legal spend, especially during difficult economic times like the market is experiencing now.…

Lisa Hart Shepherd November 09, 2020

The rise of Microsoft Teams: Opportunities & best practices

This article was co-authored by James Tuvell, Senior Consultant at Fireman & Co., and Lisa Stone, Director of Enterprise Content Management at Fireman & Co.…

Thomson Reuters Institute October 13, 2020

Understanding how the client’s business makes money: A critical step for all lawyers

Amid the current pandemic crisis, the impact felt by law firms and their clients has been great; and this pressure has ratcheted up the necessity…

Nancey Watson September 24, 2020

Why collaboration is (usually) doomed to fail — and how to buck the odds

The economics are straightforward: Those law firms that are able to serve corporate legal buyers in more work types and across more geographic areas can…

Jen Dezso August 24, 2020

Legalweek 2020: Partnership is the Path Forward

NEW YORK — If one word could summarize the overarching themes from this year’s LegalWeek 2020, it would be “partnership.” But that word has many…

Peter Colin February 18, 2020

Opportunity Knocks: Balancing Knowledge-Sharing Needs with Security Requirements

When a client hires a law firm, there is an expectation that the firm will leverage its collective knowledge for the benefit of the client.…

Gwyn McAlpine January 21, 2020

Practice Group Dynamics: Creating Group Cohesion and Success with “Real” Goals and Effective Business Plans

We continue our new column, "Practice Group Dynamics" by Susan Lambreth, who has 25 years experience as a consultant to the legal profession, especially in…

Susan Raridon Lambreth December 05, 2019

Forum Magazine: In Germany, GCs Navigate a Changing Role

What keeps in-house lawyers awake at night? The answer to this question changes over time and varies across companies and countries. Summarized below are my…

Mari Sako June 24, 2019

How Collaboration is Powering Growth in the Market for Alternative Legal Service Providers

Alternative legal service providers (ALSPs) are growing much faster than any other part of the legal market — 12.9% compounded growth in just the past…

Connie Brenton April 23, 2019

Legal Operations: How to Develop a Win/Win Relationship Between In-house Counsel and Law Firms

One of the most significant developments going on today in the legal industry is how the rise of legal operations has pushed in-house law departments…

Nancey Watson April 16, 2019

Infographic: 3 Key Takeaways from the “State of Corporate Law Departments 2019” Report

As we learned with the recently released, State of Corporate Law Departments 2019 — published by Thomson Reuters Legal Executive Institute, the International Bar Association (IBA), the…

Joe Blackwood April 15, 2019

Survey of Canadian Corporate Counsel Finds Risk Management, Outside Counsel Partnerships Most-Concerning Issues

Many in-house counsel who participated in Canadian Lawyer magazine’s "2018 Corporate Counsel Survey" cited risk management as the top issue facing legal departments in the past…

Thomson Reuters Institute February 22, 2019