We’re seeing huge increases in the number of RFPs corporate legal departments are issuing to try to get the best law firms, lawyers and service. But we’re not seeing huge increases in the quality or effectiveness of those RFPs…more
In an evolving legal profession in which the players are ever more functionally interdependent, the ability to collaborate has become a core competency. In managing law firms and legal departments…managing legal projects…in…more
Few law firms can claim that they are shaping the future of legal services. King & Wood Mallesons, however, is at the forefront of law firms bringing innovative ways to serve client needs in the New Normal. This article…more
In today's competitive legal market, low ball estimates and other practices that undermine fee predictability and accuracy can erode client relationships. This article addresses the new Legal Project Management metrics and…more
Law firms have heard the call of clients for greater efficiency and cost predictability. Legal Project Management can help law firms deliver on those needs, but firms are stumbling as they try to find a technological solution…more
I have been encountering a lot of magical thinking recently when talking with law firm partners about Legal Project Management. One partner, hoping that the IT and KM folks can simply buy a tech solution so that he could avoid…more
In this article, one Chief Legal Officer describes how he uses LPM to assure that he obtains both predictable pricing as well as efficient services from outside law firms.
Here's a sample: "LPM makes a difference in…more
Here's a blunt message to all General Counsel: "No More Mr. Nice Guy!" Given the the realignment of power in the legal profession's "New Normal," you have to exercise authority more forcefully. Demand more accountability from…more
It is not uncommon for law firms being pressed by clients for more accurate budgeting and better budget management to raise the “unpredictability defense.”
Whether in litigation or transactional matters, the unpredictability…more
Legal Project Management (LPM) assigns extraordinary importance to providing legal services that deliver value as perceived by the client. Yet over and again we observe that while in-house counsel tend to view legal matters in…more
All law firms need to ask clients about their needs and priorities. This is a simple but extremely powerful list of 10 questions that will help law firms better align themselves with clients…more
What do clients value in outside counsel? Lex, practice group leader of the Transactional Group in a global law firm, explains how Legal Project Management approaches have made him indispensable to clients…more
Lex, the practice group leader of a global law firm's transactional practice, talks about preparing for the unexpected in every deal. Lex is a fan of using Legal Project Management approaches and tools in his sophisticated,…more
Effective communication is the biggest challenge in working with clients. Every year in every survey, clients identify communication as the weakest aspect of their working relationships with law firms and lawyers.
In this…more
As law firms begin exploring and implementing Legal Project Management (LPM), the corporate transactional practice groups tend to be quite resistant to the application of improved process and efficiency. This article features…more
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