When Rainmakers Should Consider Moving Law Firms
Midsize Law Firm Priorities and Trends
I spoke with Early Stephens, the CEO of Actionstep, a practice management software developer that serves law firms worldwide. The company just released a new survey of midsized law firms called The Midsize Law Firm Priorities Report, which is focused on the most prominent priorities and trends impacting legal teams today. We discussed why legal practice management software has become so important to running a modern law firm, the most significant trends highlighted in Actionstep’s Midsize Law Firm Priorities Report, and how legal practice management is evolving.
Freedom to Operate and Leveraging Technology to Address IP Legal Challenges
I spoke with patent attorney Gabe Sukman, the CEO and founder of ClearstoneIP, an intellectual property technology provider with offices in the U.S. and Europe. We discussed why the freedom-to-operate sector is important, trends in IP enforcement, and the biggest challenges that IP lawyers are facing today.
Why a Centralized Project Management Platform Matters for Law Departments
How Corporate Finance and Corporate Legal Professionals Can Collaborate More Effectively
I spoke with David Perla, the co-chief operating officer at Burford Capital, a leading provider of capital to the legal market. We discussed Burford’s 2021 Legal Asset Report, why it is important to talk to chief financial officers about legal assets, how CFO’s view affirmative recovery and legal cost management programs, and how corporate finance and corporate legal can collaborate more effectively.
The Growing Importance of Business Intelligence in Legal
I spoke with Chris Vorderer, Managing Director of Firm Intelligence at Litera, a software company that provides meaningful intelligence to the legal profession, and Pieter van der Hoeven, the co-founder and CEO at Clocktimizer, a business intelligence platform designed to help law firms make data-driven decisions related to matter management, budgeting, and pricing, which Litera recently acquired. We discussed the acquisition, why business intelligence has become so important in the legal sector, and the enhanced opportunities for legal tech companies in a remote environment.
The Changing Expectations for CLM
I spoke with Jerry Ting, the founder and CEO of Evisort, an AI-powered CLM software platform. We discussed the difference between an AI-powered CLM platform and CLM, how Evisort will leverage its recent investment, the need for legal tech companies to prove their claims in this climate, and how the expectations of clients have changed in the remote environment.
Revisiting Legal Timekeeping
I spoke with Gary Markham, the founder and CEO of Bilr, a legal billing software platform. We discussed the genesis of Bilr, how it differs from other time entry tools on the market, the biggest challenges associated with legal timekeeping, why it has become such an important issue for law firms, and where timekeeping is headed.
Trends Impacting the Legal Industry in 2020
I spoke with Marco Maggio, the vice president of Strategic Practices for the All Covered division of Konica Minolta. We discussed the key trends impacting the legal industry in 2020, those which are most important to your clients, why the predictability of outcomes has become so important, and whether legal innovation is at a tipping point.
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