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Legaltech News

Legal Technologist Finance 102: Case Studies to Help You Determine ROI

Financial analysis is a vitally important element assisting to move projects forward in challenging economic situations where competition for scarce funding is keen. These four legal technology case studies outline effective methods to quantify costs and benefits in different scenarios supporting ROI analysis.
7 minute read

Legaltech News

Technology is Evolving, But Legal's Business Model Still a Barrier to Innovation

"Bizarrely, the fact that large law is still highly successful is still an impediment," Nicola Shaver, director of innovation and knowledge at Paul Hastings in New York, said. "It is still difficult to tell people to change the way they're doing things when it's working at bringing in an enormous amount of revenue every year."
3 minute read

The Recorder

All Eyes on Utah: Launching the 'First Nonlawyer-Owned' Law Firm

Daniel Wilde, an attorney for Law On Call, which claims to be the first nonlawyer-owned law firm in the nation, says the entire country can benefit from the innovative business models coming out of Utah.
8 minute read

The Recorder

Venable and Ex-Partner Accused of Fraud in Civil Suit Stemming From $11M Facebook Investment Scam

In an amended complaint filed last week in Philadelphia federal court, New York-based plaintiffs attorneys accused the national law firm and a former partner in its Los Angeles office of knowingly vouching for their client's fake identity in the scheme.
4 minute read

Legaltech News

As Enterprise Tech Eyes Legal, Point Solutions Are Working on Connecting the Dots

As enterprise-level technology providers begin looking towards legal as the next market to conquer, legal tech companies might find themselves under more pressure to make sure that their software can seamlessly integrate into a larger corporate ecosystem.
5 minute read

Legaltech News

Can CLM Solutions Take Swamped Lawyers Out and Put Business Teams Back In?

A Legalweek(year) session examined how CLM tools could be part of the solution to the increasingly strenuous demands on in-house teams' time and energy.
3 minute read

Corporate Counsel

How COVID-19 Made Life Easier for Legal Operations Pros

Legal ops leaders for global firms, including Microsoft Corp., discuss how the pandemic accelerated tech adoption, and how they're training employees to use new products.
3 minute read

Legaltech News

Orrick Spins Out First Legal Tech Company, Shunning Tech Subsidiary Route

A digital filing system inside of Orrick's corporate department has grown into a legal tech platform named Joinder that's designed to help in-house teams track documents and information. Instead of owning the new tool, Orrick set it free to survive in the market on its own.
5 minute read

Legaltech News

BAU, Body Leasing, White Labeling: WTF? (An Abbreviated Glossary for Legal Industry Outsourcing)

As the legal industry becomes more intent on finding ways to right-size work, outsourcing is becoming a more common part of the lexicon. Here are some terms that can help you enter the conversation around legal outsourcing.
3 minute read

Legaltech News

Why Discovery Data Transfers May Face Additional Regulatory Scrutiny

Though case law on data transfers is fairly consistent, evolving data privacy regulations, including those impacted by Schrems II, may introduce additional complications, according to a Legalweek(year) panel.
3 minute read

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More from ALM

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

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