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Comment: The eureka moment – revolutionising legal marketing with high-tech methods

Today, law firm leaders are well aware of the need to market their firm digitally, and some are ahead of the curve by using innovative methods like video and even ‘voice’ marketing. Deciding which methods work and which are a waste of money is crucial to your success, says Peter Carr from Propero Partners.

Added by Tate Chennis Colbran on the 18th Apr 2019 No comments

Trending: Has EY Law bitten off more than it can chew in Pangea3? Quite possibly

When Thomson Reuters decided to offload its global legal managed services company, I like to think that the conversation went something like this: TR: “Hey EY, wassup, you wanna buy Pangea3? Yeh, you might have heard we’re having a little restructure…” Just because this is EY should we naturally assume that its acquisition was part of some pre-ordained world legal domination plan that is falling nicely into place? Probably not, says editor Caroline Hill.

Added by Caroline Hill on the 9th Apr 2019 1 comment

Seal Software’s $15m injection from DocuSign: The analysis

DocuSign’s $15m investment in Seal Software is an immediately obvious move that will help DocuSign continue to build out its intelligent agreement framework and will open doors and relationships to Seal during a stage of its growth where it continues to burn through cash. Here’s our in-depth take on the investment and strategy.

Added by Caroline Hill on the 29th Mar 2019 No comments

The March 2019 Legal IT Insider Newsletter – issue #321 – is out now

With more legal tech breaking news and insights than you can shake a stick at, welcome to the March edition of the Orange Rag! And our top story is after the first exhaustive side-by-side evaluation of iManage Work 10 in the cloud and NetDocuments, Clifford Chance has selected iManage, we can reveal, following what CIO Paul Greenwood is at pains to stress was such a close-run selection process that it had to be extended.

Added by Charles Christian on the 27th Mar 2019 No comments

Comment: Achieving a Successful DMS Project

Firms must adopt their DMS — owning the technology, which 98% do already, is insufficient.  In part I of this series, I discussed the concrete business drivers that should help firms make the business case for adoption and the particulars of client governance mandates.  It’s one thing to point out a problem that everyone knows about, however—but another to offer a solution, says Prosperoware’s founder Keith Lipman.

Added by Caroline Hill on the 27th Mar 2019 1 comment

Planning Your Next Legal IT Strategy Discussion (Part III): Focus on Talent

This is the final installment of a 3-part series offering a framework for law firm leaders to discuss and plan a sustainable IT strategy that enables internal and external digital clients of today and tomorrow. In this final installment, Peter Krakaur, vice president of legal business solutions at UnitedLex focuses on staffing and talent model disruption as an indispensable ingredient to enable a technology strategy that will drive successful future legal practices and business models.

Added by Tate Chennis Colbran on the 25th Mar 2019 No comments

Risk and tech: Looking Glass report shows budget and skills gap the biggest issue for GCs

Less than half (43%) of general counsel and board members (35%) believe their organisations are sufficiently prepared for the impact of rising political risk and despite acknowledged increased cyber risk there is a tangible skills gap when it comes to investing in the right technology, according to a new Looking Glass report from Clyde & Co and Winmark that is definitely worth a read.

Added by Caroline Hill on the 19th Mar 2019 No comments

Comment: Cyber Governance 101 – Who to trust?

IT Directors are facing a predicament – budgets for IT services including cybersecurity are on the rise in 2019, but the cybersecurity industry continues to promote the myth that the complex, expensive solutions are the only way to mitigate the threat from the omnipotent, superuser hacker. Do IT teams then simply allocate significant proportions of budget to these silver bullet solutions that will tackle these unknown threats? Erm, no.

Added by Tate Chennis Colbran on the 19th Mar 2019 No comments

Comment: The transformational effect of small changes

Digital transformation – nothing short of “harnessing the power of digital technology to rethink every aspect of the organisation” (according to McKinsey) – is the hottest of hot topics, says Autto’s co-founder Max Cole. Recently, the government launched a grant competition – Transforming Accountancy, Insurance and Legal Services (TAILS) – aimed at digital transformation in the professional services arena, and Autto was one of the winners. But adopting technology without fully and clearly understanding what it is going to solve is a hiding to nothing, he says.

Added by Tate Chennis Colbran on the 18th Mar 2019 No comments

#IWD19: We catch up with six women in legaltech to talk gender diversity

On International Women’s Day we speak to six women across the legal tech industry about how far the sector has come, or not come, in terms of gender diversity, what the biggest challenges are, and why diversity matters.

Added by Caroline Hill on the 8th Mar 2019 No comments

Iridium Technology purchases Decision Pace

We can reveal that Iridium Technology has completed the purchase of the legal industry division of Decision Pace Inc.

Added by Caroline Hill on the 4th Mar 2019 No comments

The February Legal IT Insider Newsletter – issue #320 – is out now – 30 glorious pages

The latest issue of the Orange Rag is out now – issues #320 for February – 30 pages of essential reading for anyone seriously interested in legal technology and ediscovery news, comment and opinion.

Added by Charles Christian on the 27th Feb 2019 No comments

Trending – Business Drivers for Document Management: The Information Governance Mandate

To comply with the data side of outside counsel guidelines, firms must have a clear information governance strategy, for which the firm’s document management system is the foundational system. It’s time to prioritise adoption, starting with removing the blinders, says Prosperoware’s founder and CEO Keith Lipman.

Added by Caroline Hill on the 26th Feb 2019 1 comment

Trending: How to Evaluate Legal Technology that Improves Efficiency

This is the first ‘clinic’ from Dera Nevin, who each month will address common questions from readers about the evaluation and implementation of legal technology. Buyers of legal technology can play a critical role in improving the purchase of legal technology by ensuring the strategic questions are asked and fully answered within a business requirements document before going to market, she says.

Added by Tate Chennis Colbran on the 19th Feb 2019 2 comments

Updated: Linklaters Nakhoda launches deal platform ISDA Create – and what that really means

In recognition of the fact that data extraction and analysis is far harder than often billed and very much a long, not a short game, Linklaters’ technology arm Nakhoda is working towards “breaking the loop” in the creation of yet more unstructured data, the first incarnation of which is a new online document negotiation platform launched in conjunction with ISDA. We speak to Nakhoda founder Edward Chan and COO Partha Mudgil.

Added by Caroline Hill on the 15th Feb 2019 2 comments