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COVID-19 Prelude I started interviewing Ed Walters, Fastcase co-founder and CEO, well before the COVID crisis started. This crisis will last a while and what happens after it remains uncertain. Early signs, however, point to large law firms cutting costs or taking other steps to conserve cash. As I noted in my post last week, Rethinking How Lawyers Work Post Crisis, now is the time law firm management needs to plan for what comes…
In this post, I interview Scott Mozarsky on the state of the legal tech investment. Scott is a Managing Director of investment bank JEGi. In that role, he focuses on legal tech investments. Some readers likely know Scott from his four-plus years as President of Bloomberg Law. Scott also practiced law at two multinational law firms and as a general counsel and head of M&A for a FTSE 100 media group earlier in his…
Last week I joined a virtual lunch hosted by Ari Kaplan (thanks Ari!). We discussed what the legal market might look like post crisis. I raised the idea that, in working from home and living through disruption, we should rethink how lawyers work, not merely replicate from home inefficient processes from the office. That old analogy: “invent a car, don’t mechanize a horse”. Right now, however, perhaps there is too much urgent work. But if…
This week I convened a group call to discuss and share COVID-19 challenges in large law firms. Ten senior staff leaders of large law firms participated, most US-based but one from the UK and one from Canada. For those in large law firm who have not had an opportunity to connect with peers, perhaps reading about others’ challenges will help. This is about commiserating, not solutions. Two bright spots did come out so I start…
I share here my experience with a judicial system failure. I sued a manufacturer for breach of warranty in Virginia small claims court. On Friday, I won a default judgment. Now I have to figure out how to collect. My story illustrates our judicial system failure – its unfriendly nature and poor design. I have a JD yet found the instructions and interaction with the courts difficult and confusing. What does that mean for the…
Many discussions of legal market evolution or revolution (AKA disruption) miss a key element: our perception of change. This hit home last week in a fabulous Twitter dialog that I had with Jason Barnwell, Assistant General Counsel, Legal Business, Operations, and Strategy at Microsoft. In response to one of my Tweets, Jason hand-drew a diagram that uses simple math and a graph to explain how our perception of change can differ. (Our Twitter dialogue…
Clickbait titles don’t appeal to me but my original idea for a title here – “Incremental Change in 2020” – just sounded too lame. Unlike many other commentators, I shy away from bold predictions of big changes coming soon. I’ve worked for three decades in the corporate legal market and have witnessed many incremental changes but few dramatic ones. Yet Big Law today does look rather different than it did when I started in the…
On Friday morning (1 November 2019) I Tweeted (screenshot): [The original LPO Are Disputing article cited in that Tweet is here. I dashed off this post in about 15 minutes on Sunday morning to inject into the Twitter conversation. Apologies if some context is not clear.] My Tweet gave rise to multiple related and robust conversations, especially about the the legal talent that BigLaw (large law firms) hire versus the talent that the Big…
This is a live post from the Ark Knowledge Management conference; the title of this talk is Legal Enterprise Search at the Crossroads. The presenters are Harris Tilevitz, Chief Technology Officer, Skadden, Arps, Slate, Meagher & Flom LLP Douglas Freeman, Knowledge Systems Manager, White & Case LLP Kate Simpson, National Director of Knowledge Management, Bennett Jones LLP Moderated by Brenton Miller, Brenton B. Miller Consulting Moderator Brent says enterprise search decisions are all about…
This is a live post from the Ark Knowledge Management conference; the title of this talk is Building your Firm’s Book: Knowledge Management and RFPs. The presenters are Robert Gretch, Partner, Kirkland & Ellis LLP Catherine Egan, Client Development Operations Manager, O’Melveny & Myers LLP Elizabeth Kennedy, Director of Strategic Business Development, Mayer Brown Moderated by Anna McGrane, COO, PacerPro As with all my live conference blogs, I post as a session ends. So…