Legal Managed Services

New video: How to create a culture of innovation within a law firm

“Innovation can be a whisper, not a scream,” says Anne Stemlar, Managing Director of Knowledge Management and Research at Goodwin, in this new video from…

Bill Josten April 20, 2021

CodeX FutureLaw 2021: Computational contracts create a Big Bang in legal

The bleeding edge of the legal industry is now building interfaces at the intersection of code and law through computational contracts. These computational contracts (sometime…

Joseph Raczynski April 12, 2021

The department & practice group leader’s role in sales management

The role of practice group leaders is changing. And new and seasoned department and practice group leaders will be wise to expand client relationships and…

Silvia Coulter April 08, 2021

2021 Report on the State of the Midsize Legal Market: Resilience among midsize law firms may offer competitive advantages

Despite daunting challenges, midsize law firms flexed their creativity and agility to prove themselves surprisingly resilient in 2020, according to the new 2021 Report on…

Thomson Reuters Institute April 07, 2021

Legal real estate: What will the law office of the future look like?

The long-term impact of the global pandemic on the legal industry likely is going to be felt in numerous ripples, both big and small, across…

Gregg Wirth April 05, 2021

Moving past buzzwords: 5 ways for law firms to build better client relationships

Relationships between law firms and their clients are too often thought of just in terms of buzzwords. Win-win outcomes, or sharing business risk, or investing…

Christopher Ende March 23, 2021

Non-fungible Tokens: Asset ownership via blockchain rockets into legal

In a two-part series, we will look at Non-Fungible Tokens, explaining what they are and how they will impact numerous industries; and how decentralized finance…

Joseph Raczynski March 22, 2021

Best practices for another year of virtual client development

Since the start of the new year, law firms and their client development strategists have had time to reflect on last year and assess what…

Haile Arrindell March 19, 2021

Captive law firm ALSPs provide potential growth engines

To dissect some of the key findings of Thomson Reuters recent 2021 Alternative Legal Service Providers report, it makes some sense to start small, meaning…

Bill Josten March 17, 2021

How does a lawyer’s business understanding add value for clients?

Business understanding is a critical factor in the client-law firm relationship. It is something that clients consider to be a hallmark of their best relationships…

Lizzy Duffy March 03, 2021

Supercharging your clients’ business through the business of law

You are already doing a great job for your clients, but what else should you be doing? This business quandary has never rung truer in…

Michael Caplan February 01, 2021

Divergent Design: Assessing the 2021 Global Alternative Legal Service Providers Report

Alternative legal service providers (ALSPs), otherwise known as "New Law" entrants, continue to gain traction in our modern legal services landscape. Accounting for nearly $14…

Legal Executive Institute January 28, 2021