legal technology

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:

Nimble Legal Trends - 3 January 2019

Nimble Legal Trends - 3 January 2019

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!

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:

Another Law Firm Starts a Legal Operations Consultancy

Another Law Firm Starts a Legal Operations Consultancy

Perhaps they read our recent blog post “5 Reasons Why Law Firms Shouldn’t Leave Consulting to Accounting Firms” or, far more likely, this new consultancy was in the works for months. This week brought news of Bryan Cave Leighton Paisner’s new legal operations consulting firm called “Cantilever”.

Nimble Has Been Nominated for The Expert Institute's Best Legal Blog Contest

Nimble Has Been Nominated for The Expert Institute's Best Legal Blog Contest

Nimble is thrilled to be nominated for The Expert Institute's Best Legal Blog Contest in the category of “Legal Tech”. Vote for us here: https://www.theexpertinstitute.com/legal-blog/nimble-thoughts/

Nimble Legal Trends - 6 November 2018

Nimble Legal Trends - 6 November 2018

Here’s what’s trending in the legal industry in early November:

  1. A SWOT Analysis will help legal organizations develop a robust strategy;

  2. Love Your Lawyer Day is stupid;

  3. Technology can help drive deal velocity;

  4. The In-house IP lawyer role has increased importance;

  5. Blockchain legal issues; and much 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.

Nimble joins the Global Legal Blockchain Consortium

Nimble joins the Global Legal Blockchain Consortium

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.

RECAP: Nimble Legal Industry Pressures Forum

RECAP: Nimble Legal Industry Pressures Forum

On September 26th at TalentLaunch in suburban Clevelad, we gathered 9 legal industry thought leaders (in-house counsel, law firm partners, law firm CFOs, and Plante Moran’s law firm practice partner) to discuss the pressures law departments and law firms face and how they can work together better. In attendance were various General Counsels, in-house counsels, Managing Partners of law firms, law firm pricing analysts, and members of various alternative legal service providers and legal technology companies.

Here are the highlights:

Nimble Legal Trends - 25 September 2018

Nimble Legal Trends - 25 September 2018

Here’s what’s trending in the legal industry: (1) Mid-level Associates are curious about their futures, (2) everything you need to know about General Counsel compensation, (3) changes to the law firm business model could spur innovation, (4) how easily a teenager hacked into a law firm, and more.