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Stenography was introduced to the legal market in 1879 — and, aside from moving from mechanical to electrical, has seen little innovation in the past 143 years. Stenography was, in fact, an excellent innovation over longhand note-taking — and for good reason. Stenography eventually was remarked in state regulations as “the” stipulated means for court reporting. Henceforth, stenography enjoyed a semi-protected status as the technology of choice for court and deposition reporting. To be fair, for much of those 143 years, alternative technologies to stenography weren’t quite mature enough to challenge stenography’s speed.
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The Connection Between Process Improvement, Project Management, and Pricing
By Catherine Alman MacDonagh and Frederick J. Esposito Jr.
Law firms must continuously review business and legal processes to operate and interact with less waste and costs and develop pricing models that address client needs while generating profits for the law firm. This is actually simple, but not easy to do.
After Another Big Year, Law Firms Should Plan for Recession
By J. Mark Santiago
Planning for the downturn in a clear, methodical way by investing the existing good fortune that most firms enjoy into strengthening your technical infrastructure, trimming expenses, and rethinking how administrative services are delivered to the attorneys.
Why Focusing on Client Experience Is Critical and How to Get Started
By Kristen Dallman
In this marketplace, one thing is abundantly clear: To remain competitive, you must adapt. So how can you adapt in a way that meets the increased expectations of today’s client? Focus on client experience.
Rising Expenses and M&A Slowdown Could Sink Profit Growth This Year
By Andrew Maloney
Stifling expenses and a slowdown in transactional work during the first quarter could sink profit growth for the rest of the year, according to a new analysis of legal industry performance.
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