From Paper to Digital: The California DMV's Leap Into Blockchain Technology — The Crypto Exchange Podcast
Accountants tend to be polite and accommodating with colleagues and Clients. That’s a good thing!...more
The phone is ringing, emails are blazing in—your marketing agency is doing its job. So why isn’t your caseload growing? The intake process is a make-or-break moment in the client journey. This is where your firm needs to...more
Now more than ever, law firms of all sizes are laser-focused on generating new business. While client acquisition is vital, sustainable growth also comes from within. Think stronger relationships, better service, and deeper...more
In the fast-paced world of business and law, we’re conditioned to focus relentlessly on outcomes. Quarterly earnings, case verdicts, deal closures, and client acquisitions dominate metrics and conversations. Yet the most...more
Ever wonder why LPM uptake isn’t what you anticipated? Or why even the staunchest proponents of all things LPM start to drag their feet. Maybe it’s a balance issue. There’s an old saying by 15th century Swiss physician...more
It’s Not a Pipeline Problem. It’s a Process Problem. The data is clear: 90% of firms have restructured their support teams, and yet over half are planning more changes. Why? Because even as firms respond to retirements and...more
At Society 54, we believe strategy shouldn't be confined to a binder or pulled out for review only once a year. It should be actionable, dynamic, and directly tied to real-time insights into your firm's operations. In today's...more
The Centers for Medicare & Medicaid Services (CMS) has launched the WISeR Model (Wasteful and Inappropriate Service Reduction) to modernize and streamline Medicare’s prior authorization process. ...more
In today’s fast-moving legal landscape, where precision, speed, and dependability are critical, choosing the right court reporting provider can significantly impact a law firm’s outcomes and reputation. Yet too often, the...more
Today’s legal ops teams do more than manage process improvements or legal spending. They are now expected to lead projects that create value for the entire company....more
Since April 18, 2023, the United States Patent and Trademark Office (USPTO) has been issuing and publishing patent grants electronically. In the Federal Register Notice implementing electronic patent grants, the USPTO...more
Did you know that inefficiencies in processes can cost businesses a significant portion of their revenue each year? Streamlining isn't just a corporate buzzword—it's a vital strategy to stay competitive in today's fast-paced...more
Properly converting, transforming, creating a backup, and formatting data is essential for a successful ION RightAngle implementation. Just as a solid foundation is critical for constructing a lasting building, clean,...more
Two new laws signed on December 23, 2024, are set to make Affordable Care Act (“ACA”) reporting easier and less time-consuming. The 'Paperwork Burden Reduction Act' and the 'Employer Reporting Improvement Act' introduce...more
Cutting over to a new Energy Trading and Risk Management (ETRM) system is a significant undertaking. The process involves transitioning data, configurations, and business processes from your legacy system to the new one,...more
The data shows a big gap between interest in and adoption of Gen AI. While 85% of legal industry respondents believe Gen AI can be used for legal work, according to the recent Generative AI in Professional Services report...more
The hype around Gen AI has contributed to a wave of interest in how to apply many forms of AI, not just Gen AI. As companies promote the adoption of AI enterprise-wide to remain competitive, some in-house legal departments...more
Billing is a uniquely complicated matter in the legal field, one that regularly results in a considerable amount of lost revenue. The average law firm had a nearly 10% gap between hours billed and payment collected in 2023....more
In today's competitive landscape, operational efficiency is crucial for business success. Many organizations struggle to streamline back-office processes, hindering productivity and growth. This blog explores strategies to...more
In an era where technology is rapidly reshaping industries, AI stands at the forefront, promising unparalleled efficiency and innovation. But as AI tools become integral to business operations, the need for robust AI...more
In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by Addison Morgan to discuss a groundbreaking initiative by the California Department of Motor Vehicles (DMV) to digitize 42 million car titles using...more
The principle of doing more with less is crucial in today’s rapidly changing business world. In-house legal departments consistently face rising workloads in the face of frozen headcounts. These market conditions paired with...more
Upgrading critical applications has become a common challenge for corporate IT departments. Software vendors can deploy major releases more quickly because of improvements in coding and testing tools and some tie eligibility...more
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
Process inefficiency can create problems that quietly stifle productivity and potential growth. In an era of rapid digitalization, companies that lag in business process improvement risk falling behind competitors who embrace...more