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A Value Proposition Aided by Technology
While technology, data and the resulting “insights” are at the core of any successful client-law firm relationship, perhaps the real underlying factors for success are communication, collaboration and trust. The question for many legal professionals remains which comes first, the technology or the trust? The technology provides the necessary infrastructure and establishes a common data set for both client and firm. Although the client might be using the data for budgeting and forecasting, the law firm might be using the same intelligence for performance metrics and cost-per-case. Nevertheless, the two entities are sharing a common point of reference. But it is what you do with that common point of reference that truly defines a successful relationship between client and firm.
A relationship based on open communication, collaboration, sharing, common access to data and intelligence, and a compensation model of shared risk might seem unattainable, but it's become a reality for Tucker Ellis LLP and Rockwell Automation. Industrial automation giant Rockwell Automation managed to establish a unique, trusted and transparent partnership with its outside national counsel, Tucker Ellis LLP.
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.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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.