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Legal Operations Business Strategies

Womble Bond Dickinson

Legal AI Arms Race Continues

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Law firms and large in-house teams are continuing to invest in AI products, and that rate is only expected to grow. However, the spend is still a tiny fraction of the total legal market, which is over $450 billion in the US...more

Best Era

The Legal Tech AI Bubble Is Real and Some Law Firms Will Get Burned

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Walk the halls of any legal tech conference today and you'll trip over dozens of AI startups promising to revolutionize law practice. Each booth features the same pitch: "We're ChatGPT, but for lawyers!" The valuations are...more

Epiq

Rethinking Legal Innovation: How AI is Reshaping Service Delivery

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In a recent thought leadership webinar focused on Artificial Intelligence and Digital Transformation in Legal Services, a panel of senior legal operations leaders came together to discuss how AI is already reshaping the way...more

LawVision

Why Great Marketing Teams Share Their Secrets

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Long ago, the partner in charge of marketing at a Big Four accounting firm discovered that several members of his team had joined the Association of Accounting Marketing Executives. Not only were they attending meetings, but...more

IR Global

From Pressure to Presence: What Happens When Leaders Stop Demanding

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What if the biggest leadership breakthrough wasn’t in getting louder—but in getting clearer? In the world of law firm leadership, power often masquerades as pressure. High expectations are seen as synonymous with...more

Womble Bond Dickinson

AI Toolkit for Leaders: Use Cases, Benefits and Guardrails

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If 2023 was the year of, “What is AI?” and 2024 was the year of “Be afraid of AI,” then 2025 is the year of “If you aren’t using AI, you are already behind.” That was the message of Womble Bond Dickinson’s AI Toolkit for...more

Herbert Smith Freehills Kramer

Culture as catalyst: What our poll reveals about innovation in legal functions

As part of our commitment to advancing innovation in legal services, we recently asked our network: What do you believe are the most critical enablers of innovation within a legal function? The results were both revealing and...more

Best Era

High Rates, Low Hours: The Future of Law Will Break Your Business Model

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For decades, law firm financial models have been built on a simple premise: people doing lots of work. The industry has functioned on the billable hour, where time is directly equated with money. It has become a universal...more

Best Era

Will Your Law Firm Exist in 5 Years?

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The legal profession is standing at the edge of a radical transformation. Technology, shifting client expectations, new business models, and the accelerating pace of change are exposing a critical question: Will your law firm...more

LawVision

Proactive Pricing for Law Firms

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A few years ago, I wrote a blog on proactive profitability. Given the evolving dynamics and trends in pricing in 2025, I want to explore a parallel concept: proactive strategic pricing. ...more

Mitratech Holdings, Inc

Changing Out of White Shoes: Why General Counsel Are Moving Work to Challenger Firms

Market Dynamics Are Changing In-House Relationships with Law Firms - A quiet revolution is taking place in outside counsel management: general counsel (GCs) are turning away from the traditional elite law firms — bastions...more

Epiq

How To Deploy LLMs Part 2: Public vs. Private

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In Part 1 of our series, “How To Deploy Large Language Models (LLMs),” we discuss the risks associated with different deployment options. It is important to consider these risks, as they can significantly impact your...more

Legal Internet Solutions Inc.

What is Client Journey Mapping and Why is it Crucial for Law Firms?

It should go without saying that understanding your client’s experience with your firm is critical to understanding how to continue impressing this client as well as future clients. (Or to understand what needs to be fixed.)...more

Benesch

AI Reporter - October 2024

Benesch on

Much like it did with its landmark privacy legislation, California is once again leading the pack on AI legislation after recently passing more than a dozen AI-related bills. While the bills cover a variety of topics,...more

Goulston & Storrs PC

Legal Industry Adaption in the Face of Disruption - SOLID East 2024 Takeaways

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The recent SOLID (Summit on Legal Innovation and Disruption) East 2024 Event brought together legal innovators and thought leaders to explore the intersection of innovation, advanced technology, and the business of law. This...more

Mitratech Holdings, Inc

[Webinar] What's the Matter? Expert Tips for Driving Seamless Matter Management - July 16th, 11:00 am ET

The need for streamlined matter management has never been more critical. Time is everyone’s greatest commodity in today’s market — and yet, lawyers still spend just a fraction of their time on billable work due to...more

Goulston & Storrs PC

Future Lawyer USA: What's in Store for Generative AI in the Legal Industry?

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We recently had the opportunity to attend and present during the recent Future Lawyer USA (FLUSA) event. Organized by Cosmonauts, the event features diverse perspectives and valuable insights from seasoned legal industry...more

Goulston & Storrs PC

Lateral Partner Integration Requires Business Development Plan

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How can law firms attract, integrate, and retain top talent across all levels while gaining a competitive advantage? This is the proverbial question that remains top of mind for recruiters and business development...more

LawVision

Unveiling the Power of Legal Project Management: Driving Performance Through Data

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As I geared up to co-chair the 14th annual program on legal project management (LPM) for the Practising Law Institute, I couldn’t help but marvel at the incredible evolution of this field since its inception in 2011. Back...more

Epiq

Leveraging Knowledge Management for Legal Excellence: Strategies and Tools

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Knowledge Management plays a pivotal role in the business of law. The program unearths the latent value of work product, data, and "know-how" that can support and accelerate the practice of law at scale. With the growing use...more

LawVision

Your AI Legal Strategy Framework

LawVision on

Law firm leaders face a mountain of AI noise at the extreme ends of the fear and greed continuum, drowning out the real story. But this phenomenon is familiar and has occurred before during other significant technological...more

LawVision

Legal Project Management – What is it and why should you care?

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Many firms around the world are implementing this approach called “legal project management,” while others know nothing about it.  It has been described as a “must have” by some firms and legal departments and a fleeting fad...more

Mitratech Holdings, Inc

[Webinar] A Virtual Summit: Continuity During Coronavirus with Legal Ops Pioneers and Experts - May 6th, 11:30 am - 3:30 pm ET

What can the best minds in Legal Ops share about COVID-19? What: A Virtual Summit: Continuity During Coronavirus hosted by Mitratech and featuring luminaires from the legal ops community including Gary Tully, Head of...more

Seyfarth Shaw LLP

A Leadership Invitation on Inclusion & Belonging During the COVID-19 Pandemic

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For weeks, leaders in our profession have been living, breathing, and reacting to COVID-19. Thank you for your continued leadership as things change from day to day. . ...more

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