Should law departments build or buy legal analytics technology? An examination of several key factors

Law departments are eager to make use of legal analytics technology to better manage their spend and help guide other decisions. According to HBR’s 2017 Law Department Survey of 300 U.S. and global law departments, nearly half of all respondents reported already having legal spend analytics technology, and 24% planned to adopt in the next two years. But […]

Three steps to contain e-discovery costs in the e-world

Corporate law departments are increasingly challenged to track their e-Discovery activities and costs. In today’s metric-focused business environment, law departments should be able to answer simple questions about their e-Discovery lifecycle, including: Exactly how much is being spent on e-Discovery and how do those costs break down? What volume of data is being handled? What […]

Iceberg and the ILFM award first legal finance scholarship

The first legal finance scholarship in a three-year programme to encourage learning by The Institute of Legal Finance and Management (ILFM) has been awarded. Practice Manager Sarfraz Ahmed has been selected for the first scholarship, sponsored by Iceberg, which will fund him to study for an ILFM Associate qualification. Over the next three years, the […]

ILFM’s Legal Software Suppliers Guide 2018-2019

Deciding on what new or replacement software is appropriate for our firms has never been easy: we have to take so many factors into account. Cost is always a critical consideration and now we have to concentrate as well on compliance, effectiveness and response times. Not only that, but security has also become a major […]

Winner of the 2018 ILFM Solicitors’ Software Users Award

Each year ILFM Members are asked to feedback on the software they use every day by way of a survey response to choose an award winner. Once all the data is collected and results determined, an announcement is made and an award presented at a prestigious luncheon with many VIP guests from across the legal and finance sectors. The winning software company […]

Essential guide to understanding cyber-attacks on law firms

This essential guide explains how cyber-attacks happen and highlights the weaknesses that are exploited by attackers. The guide contains seven scenarios that run through simulations giving law firms a unique perspective from the point of view of the firm and also the attacker giving readers a better understanding of how these attacks actually happen. Each […]

eBillingHub cements status as global market leader

cIn the first half of 2018,16 firms have chosen the market-leading solution from Thomson Reuters, bringing the total number to more than 440. Thus far in 2018, 2.43 million invoices have been processed, a 9% increase on the same time period in 2017, for 109 different vendor systems. In particular, the UK has seen 102% […]

Aderant expands into e-billing with acquisition of BillBlast

Aderant, the number one choice for practice management software among the AmLaw 200, announced today the acquisition of BillBlast, a distinguished e-billing platform that has been emerging in the legal technology space in recent years. The acquisition further expands the Aderant suite of products. Aderant’s evolution and expansion over the years has been driven by […]

Morton Fraser reinforces a culture of clarity and fee earner responsibility

Morton Fraser is a top ten independent Scottish law firm with revenues in excess of £21 million. The progressive firm has a commitment to clarity: clarity of pricing, clarity of client communication and clarity of advice. The firm offers a broad range of services to body corporates, the public sector and private clients, with extensive expertise ranging from commercial real estate […]

FD to FD: The investment case for InterAction IQ

Whenever a firm first selects our CRM solution, Lexis InterAction, the business case is always built around of the holy trinity of business development objectives: client retention, client growth and winning new business. InterAction is a proven solution and hence the undisputed product of choice for today’s law firm. 72% of the 50 largest and […]