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Put Technology In Its Place ... and Deliver Results To The Bottom Line
When lawyers discuss the role of information technology in their practice, a phrase often heard is “it's a necessary evil.” Regardless of firm size or practice area, complaints regarding information technology (IT) are unfortunately all too common: large investments … disappointing results.
The underlying details vary and may involve equipment upgrades, case management system, document management system, or database software. Results are often the same: wasted resources, lost productivity, frustrated attorneys and staff, cost overruns, and few results to show for the effort. Many firms that invested heavily 3 to 4 years ago (remember Y2K?) continue to use outdated, poor performing technology, and as they realized marginal benefits, are now hesitant to invest again, fearing similar outcomes. Consequently, many law practices are experiencing depressed attorney and staff productivity, steadily rising operational costs, and a legacy of lease payments for technology that has fallen into disuse.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.