law department

Nimble Legal Trends - 24 June 2019

Nimble Legal Trends - 24 June 2019

Here’s what’s trending in the legal industry: (1) law firms struggle to compete with alternative legal service providers, (2) 6 skills to get an in-house position, (3) law department workloads are increasing, (4) how not to piss off clients, (5) take advantage of any opportunity to grow, and much more!

5 Forms of Legal Innovation

5 Forms of Legal Innovation

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:

REPORT: Law Firms Are Increasingly Turning to Alternative Legal Service Providers

REPORT: Law Firms Are Increasingly Turning to Alternative Legal Service Providers

Law firms are increasingly turning to alternative legal service providers (or law companies) for strategic business reasons according to a new report by Thomson Reuters “Alternative Legal Service Providers 2019: Fast Growth, Expanding Use and Increasing Opportunity”.

Top 12 Nimble Blog Posts from 2018

Top 12 Nimble Blog Posts from 2018

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:

2018 Trend: Hard to Deny Gender Bias in the Legal Industry

2018 Trend: Hard to Deny Gender Bias in the Legal Industry

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…

Nimble Legal Trends - 26 November 2018

Nimble Legal Trends - 26 November 2018

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!

5 Reasons Law Firms Shouldn't Leave Consulting to Accounting Firms

5 Reasons Law Firms Shouldn't Leave Consulting to Accounting Firms

Why law firms have left consulting to accounting firms over the last few decades is a mystery. Accounting firms quickly moved up the value chain and are viewed by clients as strategic partners leaving law firms behind. But Law Firms really should get into the consulting business as evidenced by the fact this morning’s news from thelawyer.com that Eversheds Sunderland’s consulting business brought in over GBP 26 million ($33 million) in 2017.

Legal Organizations Should SWOT their Talent

Legal Organizations Should SWOT their Talent

A SWOT analysis is a simple yet highly effective strategic tool to evaluate your organization. For your legal organization, you will evaluate the Strengths, the Weaknesses, the Opportunities, and the Threats. Completing this analysis helps you set your strategic plan (and budget priorities) for the coming year.