How centers of excellence are accelerating efficiencies across the legal landscape

  Across today’s legal ecosystem, a set of complex forces has pushed law firms to strategically reexamine and transform operational support in a way that places a greater emphasis and value on corporate client-facing activities. Cost pressures, new competitors and emerging technology, and evolving workforce dynamics are influencing an industry that is now embracing change […]

How to put mobility to work for law firms

  When we visit law firms around the globe, we are often struck by just how many firms are still reliant on paper and paper-based legal business processes. Even at firms with paperless initiatives, we’ll see billing partners packing up stacks of pre-bills to review and edit in the evening at home. Paper is cumbersome, […]

Everything you need to know about legal document automation

  Legal document automation isn’t scary. Automating the creation of documents is not intended to replace, minimise or threaten what lawyers do. Lawyers always have been, and always will be, the guardians of the legal documents that form the basis of all business; but by automating certain parts of the process, they can be liberated […]

Knowledge on app

Delivering knowledge management productively to fee earners today requires a consumer appstyle approach, says Simon Pecovnik, VP of product management, iManage RAVN  The concept of knowledge management (KM) isn’t new to the legal industry. However, in larger law firms it has traditionally been a separate function from IT. KM teams have been tasked with collecting […]

Value of collaboration

Fraser Mayfield, head of EMEA at Iridium Technology, says learning to price your work more collaboratively can reap some real rewards. When law firms get collaboration between lawyers and their clients right, using open and clear communication, the rewards for both sides are truly impressive. The firms that recognise this understand that effective collaboration is […]

Suppliers in the spotlight: A look at procurement priorities for law firms in 2019

  Procurement plays an essential role in law firms’ ability to reduce and contain costs, manage risks and improve the level of supplier service delivery. Reflecting procurement’s rising value, a majority of law firms (67 percent) have established a procurement function, according to a Procurement Leader survey conducted in connection with HBR Consulting’s 2018 Law […]

The edge effect of the legal ecosystem

In ecology, the term “edge effect” refers to the boundary of two or more habitats. At the edge of two intersecting habitats scientists find greater diversity of life, including unique species that are specially adapted to the conditions of the zone where the two habitats come together. Today’s corporate law departments and law firms are […]

An introduction to machine learning – part three

Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail? What is the technology that lies behind it? To coincide with the launch of Clocktimizer’s machine learning engine, […]

A guide to developing a holistic third-party procurement risk management strategy

While third-party suppliers bring many positive opportunities to law firms and other professional services businesses, they also come with risks, given their potential access to firms’ and their clients’ most sensitive data. In fact, about a third of firms (33 percent) participating in the Procurement Leader Survey, conducted in conjunction HBR Consulting’s 2018 Law Firm […]

An introduction to machine learning – Part 2 (A history lesson)

Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail? What is the technology that lies behind it? To coincide with the launch of Clocktimizer’s machine learning engine, […]