• Cloud-based service management: 72% of law firms are considering it

    Recent trends in IT service management (ITSM) show many firms are reducing their use of paper and moving towards cloud-based service management. A survey conducted by Lexis Nexis in January 2014 reports over 72 percent of firms stated they would […]

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  • Legal Education in the Age of the MOOC

    Recent bad news about law school enrollments has done nothing to ease the disquiet surrounding the legal education establishment.  To the same extent that the traditional law firm model is increasingly under fire as unsustainable, legal education is facing its […]

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  • Welcome!

    Thomson Reuters Legal Executive Institute (formerly Hildebrandt Institute) is now blogging from a new location with a new look! The Hildebrandt Blog has been renamed Legal Executive Insights and now lives at http://legalexecutiveinsights.com/.  Please be sure to update your bookmark. Legal Executive Insights will continue […]

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  • A Bigger Boat Won’t Do It: New Peer Monitor/Georgetown Law Report

    This years’ annual Report on the State of the Legal Market, co-produced by Thomson Reuters Peer Monitor and Georgetown Law School’s Center for the Study of the Legal Profession, concludes that the growth strategy employed by most law firms isn’t […]

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Insights

In a New World for Law Firms, Business Development Is Everyone’s Business

By Jerry Cohen, Managing Partner, Cohen Tauber Spievack & Wagner P.C. The business of law has changed...

Alternative Fee Arrangements, Project Management Require Pricing Directors

Law firm pricing used to be easy: hours worked x hourly rate. As GCs begin to demand...

Market Trends

Law Firm Mergers: Fast Pace, but Few Blockbusters

Altman Weil reports that merger activity continues at a rapid pace, but that most of the action...

Citi Report Shows Confidence Up – But Optimism Isn’t What It Used To Be

American Lawyer reports on the latest Managing Partner Confidence Index from Citi Private Bank’s Law Firm Group:...