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Lawyers Can Innovate with Design Thinking
Design Thinking is a process that can unlock creative, client-based solutions. It is used in technology, product design, manufacturing, government and social enterprises. It employs the designer's sensibility and methods to match people's needs with what is feasible so as to develop a product or service that creates customer value and market opportunity (Tim Brown, Design Thinking, Harvard Business Review, June 2008). In a legal setting, it can be used by the lawyer to match his or her client's needs to what is legally and practically achievable in order to create a successful business or problem-solving strategy. There are a few different models. The one shown on the right has been developed by the Stanford Design School.
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Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
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Bankruptcy Sales: Finding a Diamond In the Rough
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Protecting Innovation in the Cyber World from Patent Trolls
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.