The most powerful trend in legal cost control is client knowledge as to how discrete services are priced and what certain results cost. This is because until someone knows what is possible, you can't go to the next step and make it probable. Last … [Continue reading]
Secret Legal Value Demo Video Exposed
I want to interrupt a week of cost control and deflating hourly rates with a Wired GC exclusive. A formerly encrypted law firm training video has been leaked to the Wired GC. It was allegedly used by a leading AmLaw 200 law firm to prepare for the … [Continue reading]
Contract Attorneys as a True AFA
One method of controlling legal costs has been the use of Alternative Fee Arrangements (AFAs). AFAs are portrayed as a key tactic to combat the ravages of the billable hour. AFAs include a host of options such as fixed fees, discounts, lower fees … [Continue reading]
Legal Costs: Time For a Bigger Scalpel
We now all agree that the economic downdraft of late 2008 to the middle of 2010 severely impacted the legal industry. I have contended for some time that client-driven cost saving concerns predated these macro-economic trends and will continue even … [Continue reading]
The Mobile Lawyer: Time-Shifting on the Go
The last item on the changing legal landscape potentially wrought by the once and future Verizon iPhone: understanding the lawyer (or client) on the go. This perspective comes from an expert resource: the developers of Read it Later, an app for the … [Continue reading]
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