"Ethics" - an obstacle to innovation in legal servicesKathleen Clark
This presentation compares the relative lack of innovation in law with the record of robust innovation in other fields, and describe how ethics standards restricting the unauthorized practice of law, non-lawyer ownership of law firms (Model Rule 5.4(b), (d)), and sharing of legal fees with non-lawyers (Model Rule 5.4(a) are holding back innovation. In other fields, industrial scale production creates commoditized products and services at radically lowered per-unit costs, greatly increasing the number of people who can afford those products and services. (Compare the high price of bespoke clothing with the low price of off-the-rack manufactured clothes.) By contrast, a significant portion of legal services are bespoke rather than commoditized, and thus are available at relatively high prices that few individuals can afford. A recent study showed that 76 percent of cases in state courts involve at least one party who is not represented by counsel. The law has seen little of the kind of innovation that would make legal services available at prices individuals can afford. To the degree that our “ethics” standards stand in the way of such innovation, they need to be reexamined.
Legal League 100 Servicer Summit, Dallas TX on April 18th: Agendaassure360
Attention Servicers: The Legal League 100 is less then a month away and we want you to join us.
This private event will converge lenders, servicers, GSEs, and members of the Legal League 100 to caucus on issues impacting a swift housing market recovery in an environment unlike any other - a room-wide, brainstorming session.
Please contact us for complimentary registration details.
Can ATE be an ‘answer’ to a threatened security application? MLM 23Demi Edmunds
Matthew Williams answers the following question: After the event legal expenses insurance - can it be an ‘answer’ to a
threatened security application?
"Ethics" - an obstacle to innovation in legal servicesKathleen Clark
This presentation compares the relative lack of innovation in law with the record of robust innovation in other fields, and describe how ethics standards restricting the unauthorized practice of law, non-lawyer ownership of law firms (Model Rule 5.4(b), (d)), and sharing of legal fees with non-lawyers (Model Rule 5.4(a) are holding back innovation. In other fields, industrial scale production creates commoditized products and services at radically lowered per-unit costs, greatly increasing the number of people who can afford those products and services. (Compare the high price of bespoke clothing with the low price of off-the-rack manufactured clothes.) By contrast, a significant portion of legal services are bespoke rather than commoditized, and thus are available at relatively high prices that few individuals can afford. A recent study showed that 76 percent of cases in state courts involve at least one party who is not represented by counsel. The law has seen little of the kind of innovation that would make legal services available at prices individuals can afford. To the degree that our “ethics” standards stand in the way of such innovation, they need to be reexamined.
Legal League 100 Servicer Summit, Dallas TX on April 18th: Agendaassure360
Attention Servicers: The Legal League 100 is less then a month away and we want you to join us.
This private event will converge lenders, servicers, GSEs, and members of the Legal League 100 to caucus on issues impacting a swift housing market recovery in an environment unlike any other - a room-wide, brainstorming session.
Please contact us for complimentary registration details.
Can ATE be an ‘answer’ to a threatened security application? MLM 23Demi Edmunds
Matthew Williams answers the following question: After the event legal expenses insurance - can it be an ‘answer’ to a
threatened security application?
Presentation by Robert Cross, Legal Services BoardOECD Governance
Presentation from the OECD Roundtable on Equal Access to Justice, Latvia, 2018. For more information see: http://www.oecd.org/gov/equal-access-to-justice-oecd-expert-roundtable-latvia-2018.htm
UCT wayfinder - new guidance for businesses still transitioning to the unfair...Erin Tanner
Our latest update regarding the Federal Court's decision against JJ Richards. The update includes a wayfinder tool to help businesses navigate the unfair contracts provisions and ensure documents are compliant.
In the last year or so, the state government has taken a slew of initiatives to make the ‘Make in Maharashtra’ campaign successful. The impact of these measures can be seen with the rise in investments in the state. Since November 1, 2014, the state has registered a seven -fold increase in assured industrial investments and employment generation. During this period, the state has received investment assurances of INR 72,325 crore with a promised creation of 75,904 jobs in 42 projects. Typically, it takes two to three years for these assurances to translate into reality, taking into account clearances, construction of units and recruitments.
When Google Maps Gives You Lemons, Make Lemonade. Talk at NACIS 2012 conference. Related article at http://www.netmagazine.com/features/top-seven-alternatives-google-maps-api
Presentation by Robert Cross, Legal Services BoardOECD Governance
Presentation from the OECD Roundtable on Equal Access to Justice, Latvia, 2018. For more information see: http://www.oecd.org/gov/equal-access-to-justice-oecd-expert-roundtable-latvia-2018.htm
UCT wayfinder - new guidance for businesses still transitioning to the unfair...Erin Tanner
Our latest update regarding the Federal Court's decision against JJ Richards. The update includes a wayfinder tool to help businesses navigate the unfair contracts provisions and ensure documents are compliant.
In the last year or so, the state government has taken a slew of initiatives to make the ‘Make in Maharashtra’ campaign successful. The impact of these measures can be seen with the rise in investments in the state. Since November 1, 2014, the state has registered a seven -fold increase in assured industrial investments and employment generation. During this period, the state has received investment assurances of INR 72,325 crore with a promised creation of 75,904 jobs in 42 projects. Typically, it takes two to three years for these assurances to translate into reality, taking into account clearances, construction of units and recruitments.
When Google Maps Gives You Lemons, Make Lemonade. Talk at NACIS 2012 conference. Related article at http://www.netmagazine.com/features/top-seven-alternatives-google-maps-api
Written for procurement professionals and individuals who are not intimately acquainted with the legal profession or to whom legal procurement is an entirely new concept.
Unbundled legal services, also called limited scope representation or discrete task representation, may be used by a variety of law practices from solos to large law firms to serve an large market of unmet legal needs. Technology exists to assist the attorney in streamlining the unbundling process by using document automation and assembly programs that make unbundling legal services a cost-effective form of delivering legal services to the public. However, attorneys providing limited scope representation should be aware of certain ethics risks and best practices. Whether unbundling is handled in a traditional firm setting or through the use of technology, attorneys should be aware of the benefits and risks of this complementary method of delivering legal services to their clients.
Transforming Legal Profession To Legal Services (Legal Industry Analysis)Timothy LaBadie
Report on the "New Normal" and the changing nature and disruptive forces affecting the legal profession. Actionble advice for providers (attorneys and in-house counsel) and users (clients)of legal services.
Chris Coxon - Evidence informed policy making - 26 June 2017OECD Governance
Presentation by Cris Coxon, Head of Civil and Administrative Justice Research, Ministry of Justice, United Kingdom, at the event on Governing better through evidence-informed policy making, 26-27 June 2017. The event was organised by the OECD Directorate for Public Governance in cooperation with the European Commission’s Joint Research Centre (JRC), the Campbell Collaboration and the International Network for Government Science Advice (INGSA). For further information please see http://www.oecd.org/gov/evidence-informed-policy-making.htm
LPO 2.0 - MARRYING TECHNOLOGY AND TALENT IN A NEW ERA OF eDISCOVERYKelly Services
The art and science of document review have changed. The process has grown
more complicated and the implications of miscalculating that complexity outweigh
the challenges of ensuring compliance. As a result, litigants must marry longstanding
talent with cutting-edge technology to engage in a new era of discovery. Read more about it in this new ebook.
Knowledge Management: Cornerstone of the Digital WorldWolters Kluwer
CEO Nancy McKinstry delivered this speech on May 28, 2013 in Amsterdam, to a group of our customers: managing partners of Dutch law firms.
Law firms can benefit from Knowledge Management on different levels – through enhanced search functions and eLearning capabilities, CRM systems and document management tools; data warehouses are a source of business intelligence.
Legal Education in the Blockchain Revolution de Mark Fenwick,* Wulf A. Kaal**...eraser Juan José Calderón
ABSTRACT
The legal profession is one of the most disrupted sectors of the consulting industry today. The rise of Legal Technology, artificial intelligence, big data, machine learning, and, most importantly, blockchain technology is changing the practice of law. The sharing economy and platform companies challenge many of the traditional assumptions, doctrines, and concepts of law and governance—requiring litigators, judges, and regulators to adapt. Lawyers need to be equipped with the necessary skillsets to operate effectively in the new world of disruptive innovation in law. A more creative and innovative approach to educating lawyers for the twenty-first century is needed.
The Devastating Effects of Mismanaged Subsidiary Governance: How You Can Lear...Athennian
This webinar, hosted by Adrian Camara (Co-founder & CEO of Athennian) and Paul Sutton (Founder of LCN Legal), will dive into a causal analysis of corporate scandals and oversights that have led to severe financial and criminal penalties. Discover tangible ways to prevent the mismanagement of corporate data that befell companies like BlackRock & Holcim.
Claims Process Improvement And AutomationClaire Louis
Presentation to Casualty Actuarial Society November 2007: presents retrospective on claim process improvement; identifies current change drivers; examines future claims process trends
2. The economy
Transforming change
A major shift: the client
as driver of legal costs
Legal cost-control practices
Considerations
Resources
Discussion
2
3. Legal budgets cut by 10% to 25%
Focus on predictable legal costs delivering
greater value
Increasing shift from billable hours to AFAs
Convergence: consolidation of matters with
fewer law firms
Companies moving to smaller law firms with
lower rates; larger law firms feeling the
pressure
Is this a cycle or will the
changes become permanent?
3
4. Global forces are radically changing the way
law firms and companies do business
◦ Technology
◦ Legal process outsourcing
◦ Off-shoring
◦ Influx of private equity:
2007 U.K. Legal Services Act
◦ Legal education
Corporations are leading
the charge
4
5. The new focus is on how legal services
are delivered.
5
6. Law firm panels
Negotiated billing rates
Case budgets
Legal billing guidelines
Electronic billing
6
7. Use project management and workflow analysis
to introduce efficiencies into the litigation
process
Outsource routine, repetitive legal work such as
document review and contract drafting to lower-
cost offshore law firms (Rio Tinto)
Leverage knowledge-sharing
tools to reduce redundancy
Emphasize performance and cost-
effectiveness when evaluating
law firms
7
8. Be a leader: educate yourself about the
innovations in legal services delivery and
identify opportunities for reducing your
company’s legal costs
The key to achieving optimal legal cost-
control results is a long-term relationship
with the law firm built on mutual trust: start
the dialogue now!
8
9. The Association of Corporate Counsel web
site, www.acc.com, provides substantial
public information on the ACC’s Value
Challenge project for increasing the value of
legal services from outside counsel.
Law 21: Dispatches from a Legal Profession
on the Brink, www.law21.ca, a blog authored
by Joshua Furlong, consultant on legal
services delivery
9