HBR Consulting expands document and records management system capabilities with acquisition of Younts Consulting

 HBR Consulting, LLC (HBR), a trusted advisor to law firms and law departments worldwide, today announces the acquisition of leading content management firm Younts Consulting, Inc. (Younts).

ChatGPT and the ‘Great Resignation Boomerang’ – NetDocuments releases its annual trends report for the legal sector

NetDocuments, the #1 trusted cloud platform where legal professionals do their best work, today published 23 Legal Technology Insights for 2023 (“Report”), its annual trends report and commentary on legal tech, which — in collaboration with leaders from law firms, corporate legal departments,  legal technology companies, and internal subject matter experts — identifies 23 trends and developments impacting the legal industry this year and beyond.

Law firm profits continued to slide in Q4 2022: Thomson Reuters Law Firm Financial Index

Law firm profitability fell for a fifth consecutive quarter in Q4 2022, according to the Q4 2022 Thomson Reuters Law Firm Financial Index (LFFI) powered by Financial Insights.

Thomson Reuters: Digital transformation critical to the future of the US justice system as new report reveals almost one in five cases are delayed

The U.S. court system is facing a perfect storm of delays, backlogs and workforce shortages, according to new research from the Thomson Reuters Institute.

Katchr’s connect 2023 conference is a big hit!

Katchr held their biggest ever annual user conference in London on 26th January with over 70 client delegates booked from CEOs to FDs and COOs.

HBR: Top 2023 procurement priorities for law firms

The more things change, the more things stay the same—and the more pressure law firms feel to cater to client demands. Though we have emerged (we hope) from the pandemic, firms are now looking for ways to distinguish themselves as client spending continues to normalize.

HBR poll of corporate law department execs reveals proactive measures to prepare for 2023

The Federal Reserve Bank’s recent aggressive actions with raising interest rates, combined with leading indicators from both the equity and fixed-income markets, suggest that the risk of a recession this year is rising.

2022 law firm procurement executive summary from HBR Consulting

The purpose of HBR Consulting’s annual Law Firm Procurement Survey is to equip law firm leaders with a point of reference for advancing the role of procurement and an industry baseline to benchmark against their peers.

The top 3 legal tech trends for 2023 from Helm360

Bim Dave is Helm360’s Executive Vice President. With 15+ years in the legal industry, his keen understanding of how law firms and lawyers use technology has propelled Helm360 to the industry’s forefront.

2022 HBR law firm billing and revenue cycle survey key takeaways infographic

In the face of a potential economic downturn, revenue cycle improvement is an increasing law firm priority, as firms look to speed up the revenue cycle as collections slow, while also seeking to improve billing and revenue cycle operations efficiency, client service delivery, and talent retention.