Here’s what’s trending in the legal industry: Technology procurement tips for law departments, the “Make vs. Buy” decision, a part-time law practice can work, law firm mergers are off to a strong start, and more!
On April 3, 2019, we held our first Nimble Forum on Legal Innovation. We brought in panelists from Denver, New York City, Washington, D.C, Pittsburgh, Minneapolis, Raleigh. and also showcased some of Cleveland’s legal industry experts.
Here are some of the Key Takeaways from our Panelists:
The legal industry is facing never before seen challenges. Through these four innovations, we can beat competition and get ahead of the game. The legal industry has unlimited potential when we follow these innovative steps…
The interplay between FMLA and ADA has always caused some confusion and frustration for employers. One of the most frequently asked questions by employers today is – what happens when my employee is unable to return to work after taking time off for a serious health condition under the FMLA?
Innovation in the legal industry isn’t limited to just technology. It takes many forms. A recent post by Roy Strom in the American Lawyer titled “Are Lawyers Ready to be Managed by Metrics?” and our April 3rd Nimble Legal Innovation Forum in Cleveland got me thinking about all the different ways innovation is taking hold in the legal industry. There will always be detractors because as Roy Strom wrote the “Legal Industry is painfully slow to adopt major changes, and lawyers often say work can’t be easily categorized or simplified.” The reality is major change is happening right in front of us and if you’re not paying attention you’ll get passed by. Here are 5 forms of Legal Innovation:
2018 was an amazing year for Nimble and we are truly humbled and appreciative of our clients, event sponsors, panelists, and supporters. We see great things ahead for Nimble in 2019 but we wanted to take a moment to reflect on some of the highlights from the past year.
Here’s what’s trending in the Legal Industry: (1) Best Legal Blog Posts of 2018, (2) Hot Market for Legal Operations, (3) Leveraging Artificial Intelligence, (4) Smart Contracts, (5) 2019 Legal Market Outlook, (6) Underpaying Associates, (7) 20 Most Important Legal Tech Developments of 2018, and more!
The Holidays can be a very stressful time of year from various events to making sure you have gifts for everyone to work demands to kids and their schedules and everything else that puts demands on your time. As the current year winds down it’s important to make sure you set aside time to recharge and take care of yourself. Here are 10 ways to recharge during the Holidays:
With 2018 winding down we are reflecting on what a great year 2018 was! We’ll have a bigger announcement soon but our Blog recently won The Expert Institute’s Best Legal Blog for the Legal Tech category! We’ve heard the “12 Days of Christmas” repeatedly this month so as 2018 comes to a close here are Nimble’s Top 12 Blog Posts from 2018:
We write about trends in the legal industry and one trend in 2018 are the various claims of gender bias in the legal industry in 2018. The most recent piece of evidence is the partner announcement at Paul Weiss that optically is about as tone deaf as you can get…
According to data from Altman Weil’s MergerLine TM, the legal industry has averaged 80 law firm mergers per year since 2013. The ongoing volatile legal market means more law firm merger activity will continue to occur. The vast majority of acquisitions are of law firms with 20 lawyers or less. Based on the data from Altman Weil’s MergerLine TM, here are 5 law firm merger trends:
Here’s what’s trending in the Legal Industry: (1) American Lawyer announces its Law Firm of the Year, (2) General Counsels should be great communicators and have digital transformation skills, (3) Information Security Trends for Legal, (4) Creative Solutions for Legal Resourcing, (5) Spending on Legal Tech, and more!
Contracts take up an enormous amount of time to negotiate and sign. They never seem to get signed fast enough and there are so many to negotiate. Organizations often blame the other party (or the lawyers) for taking unreasonable positions or just being “difficult”. We’ve written several blog posts about reducing the cycle time of contracts and the benefits of automating the contracts process but sometimes the fault lies within the terms of your own contracts.
Here’s what’s trending in the legal industry: (1) 5 Simple Business Development Strategies, (2) Law firm revenue is up in 2018, (3) Artificial Intelligence outperforms lawyers, (4) Top Legal Blog Nomination, (5) Associate Bonus Season, (6) Law Departments are sending less money to Big Law, and more!
Law firm lawyers should spend at least 20% of their time on business development. When working with law firm lawyers on business development coaching and leadership development it has become abundantly clear that while every firm wants their lawyers to be developing new business, there is no target or stake in the ground to guide lawyers on business development expectations.
In this 2-part blog, we’ll share what Nimble presented at the ALA Conference in our session, “Lean for Legal: A Case Study”. Read on to learn how law firms and legal departments can create more value with fewer resources and less effort by using 3 simple Lean tools.
Nimble Services LLC is proud to announce their membership to the Global Legal Blockchain Consortium. The Global Legal Blockchain Consortium is comprised of approximately 100 large companies, law firms, software companies, and universities that have joined together to develop standards to govern the use of blockchain technology in the business of law.