Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Legal Project Management
Corporate leaders successfully steered their businesses through one of the worst recessions in history in large measure by directing their focus on the performance and spending of all supporting departments, including their corporate legal departments. This focus has resulted in General Counsel re-examining every aspect of their department's operations. As a consequence, the law firms that serve these corporations are under intense pressure to deliver the same quality of work product at a sharply reduced rate. General Counsel have sought to implement these spend reductions through the use of Alternative Fee Arrangements (AFAs) with their firms, which are often agreements to perform work at essentially a fixed fee. However, given that firms have historically operated under a billable hour model, they require a new approach to delivering legal services that enables them to maintain high quality while becoming as efficient as possible.
Efficiency, in large measure, depends on much closer collaboration between the parties. The good news for them is that principles already proven in business- and operations-management disciplines are available to address their respective challenges: Project management. Project management (PM) processes were originally designed to manage very large endeavors (such as the Apollo program) but over time have been refined for use in nearly every capacity. Over the past five years, I have noticed a steadily growing interest by commentators in applying PM principles to the legal profession, often when e-discovery is involved. This interest is also becoming apparent when I attend legal conferences and, if it continues, points to an important change in how legal operations will be carried out. One thing is for certain: Project management applications for legal operations ' legal project management or LPM ' hold promise for transforming the relationship between General Counsel and outside counsel because it combines a closer working relationship between their respective teams with a high degree of transparency and accountability for every action taken.
Getting Started with Legal Project Management
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.