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The Benefits of a Next Generation Database Platform
The effective use of new technology in litigation and practice support departments can be a source of substantial cost savings for law firms and their clients. At Thompson & Knight (“TK”), we have aggressively engaged in deploying these applications. Many law firms, including ours, have well-established software tools, such as Concordance, Summation, CaseMap and LiveNote, which have adequately met attorney needs. However, a new generation of applications that offer Web-based connectivity and extensive customization continues to make dramatic improvements and can now effectively replace a wide variety of existing software tools. Data processing tools have also evolved and are now well suited for use in law firms to prepare electronic data for use with these Web applications. Law firms that implement these new applications are well positioned to significantly improve efficiency, better serve their clients and dramatically reduce costs.
Unifying the Database
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.
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.
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.