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Corporate Counsel

Legal Departments Keep Huge Percentage of Work In-House. Here's Why.

 Nearly 75 percent of work for legal departments is handled internally, according to a recently released report. Keeping more work in-house…
5 minute read

Law.com

Is Big Law Hurting Itself by Being Too Soft With Clients?

 As service providers in an ultra-competitive market, lawyers are at their clients' beck and call. I'm sure every partner reading this story…
5 minute read

Daily Business Review

Clients Balking at Attorney Fees? K&L Gates Has an Algorithm for It

It won't work for less predictable practice areas, but real estate lawyers at K&L Gates have an unconventional model for billing: An algorithm…
5 minute read

Legaltech News

Inside Wolters Kluwer's Take on Machine Learning in E-Billing

The LegalVIEW BillAnalyzer looks to support, not supplant, corporate legal department billing staff.
3 minute read

The Legal Intelligencer

As Pa. Billing Rates Rise, Big Firms Pull Further Ahead

Law firms in Pennsylvania's biggest cities just about match the rest of the industry when it comes to billing rate increases, according to a recent report. And those rates are climbing faster than they have since the recession, despite weak demand for legal services.
4 minute read

Law.com

Big Law and the Case of the Missing Demand

We have a serious situation on our hands. The 2017 Report on the State of the Legal Market, presented by The Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Legal Executive Institute, has concluded, "The past decade has been a period of stagnation in demand growth for law firm services."
6 minute read

Law.com

Client is King

How can law firms adequately develop a value proposition that meets, or better yet, exceeds the expectations of their law department clients? Step one. Ask them.
5 minute read

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More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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