High quality document review is driven by people, process, and technology. The right combination helps increase the effectiveness of the review and lower the cost of litigation. The people, process, and technology deployed on a project is critical, but the work done after a project is complete is equally important. Indeed, a full document review debrief following each project is what allows for the refinement and optimization of document review best practices so that efficiency and effectiveness can continue to improve.Read More
A glance at the headlines over the last few years would lead one to believe that an all-or-nothing battle is playing out between traditional law firms and alternative legal service providers (ALSPs) across the country and around the world. Although ALSPs may be disrupting the legal industry, they’re doing so in a way that helps traditional law firms.Read More
In this fourth and final article in our series on commercial contract review and outsourcing we cover the importance of “management information” in contract review. When a company has access to the information it needs to assess and analyze its commercial contracts, and the means by which they move through legal review, it has the opportunity to better manage the entire process—creating more efficiencies and maximizing value for shareholders in the process.
In this third installment in our series on optimizing the review of commercial contracts, we address the issue of legal review of commercial contracts. At the core of legal review is ensuring that the right person with the right training is allocated contracts within the sweet spot of his or her expertise. From there, it’s all about having effective processes in place to move contracts through the system.
Modern secondments are allowing lawyers to achieve success in their legal careers while having the luxury of being independent, setting their own schedules, and focusing on what they do best. This flexibility, coupled with access to sophisticated work, has created an entirely new system of legal work that is paving the way for lawyers who want more options.Read More
Having worked with corporate legal departments for nearly three decades, we’ve had an up-close-and-personal vantage point from which to observe the differences between departments that efficiently and effectively process commercial contract workflow and generate positive results for the business, and those that don’t.Read More
Through years of experience helping corporations with their commercial contracts, we’ve developed a framework that allows corporate legal departments to build smart, synergistic commercial contract processes that save money, result in higher quality legal work, and create efficiencies.Read More
While we’ve seen law schools close, merge or suspend enrollment over the last few years, it’s not uncommon for many to assume that a legal degree has somewhat lost its luster. However, it seems we may be mistaken. The legal industry recently felt a glimmer of hope fueled by applicant data and new testing options.Read More
If you are staring at a text message trying to decipher what the crazy looking emoji means but find yourself failing miserably, you’re not alone. The legal industry is right there with you for the time being. Attorneys have a challenging task when it comes to the interpretation of data, given the explosion of texting and social media. Add emojis and emoticons to that equation and many attorneys find themselves navigating unchartered waters.Read More
After years of challenges and declining admissions, there may be a light at the end of the tunnel for law schools. Are more students are considering law school as a viable career option?Read More