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Here's a theory: The cloud enables firms to adopt a legal project management (LPM) approach to billing, financial management, even client relations, with a minimal technology footprint ' all based on the introduction of a disciplined process, yet perhaps unorthodox approach. LPM in the cloud promotes a team and account management philosophy, including a broader attorney and firm user base all collaborating to provide better client service. While recently speaking at the LawTech Futures event in London, I heard a futurist give a fascinating perspective on how we are evolving from the economics of scarcity to the economics of ubiquity ' basically having easy access to everything! If we indeed have unlimited access, thanks to Google for information, Facebook for interpersonal connections and cloud deployments for collaboration, we should be open to exploring creative and social ways (think in terms of spheres as opposed to “top to bottom” lines) to organize our attorneys into teams and deliver better client service.
It Isn't About Technology
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
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.