Charles Christian’s American Legal Technology Insider, Feb. 2011 at 3, describes the newly formed Legal Service Providers Association (LSPA). The LSPA aims to provide legal product and service vendors with access to training, educational programs, supplier discounts, and other resources the vendors could not obtain as favorably alone. This post’s…
Kronos, the second ruler of the universe according to Greek mythology, learned from the Delphic oracle that one of his children would dethrone him. Prudently, Kronos proceeded to eat his children. That vivid image of incestuous cannibalism, the opposite of succession planning and embracing competition, has several applications for law…
A recent book on networks mentions that “you’ll typically find that the top three suppliers account for between a third and two-thirds” of any manufacturing or commercial category. Richard Koch and Greg Lockwood, Superconnect: Harnessing the power of networks and the strength of weak links (Norton 2010) at 108, observe…
Navigant Consulting and the U.S. Chamber Institute for Legal Reform asked the Fortune 1000 general counsel to provide data on their lawsuit load, costs and discovery. Of that group, 48 responded. Nearly two-thirds of them reported that they managed 100 or more civil cases in 2007. “On average, 45-50 percent…
Ben Hawkins offers the following description on LinkedIn.of his company: “Commercial Litigation Funding Limited [CLFL] specialises in the funding of large commercial legal cases. Via its Jersey based Protected Cell Company LitFUNDING PCC, we agree to fund the litigation costs and assume responsibility for adverse costs in exchange for a…
A report available from ValueNotes, veteran analyst of the Indian LPO market, summarizes the dynamism and size of that market. “The India revenues from legal services offshoring are slated to … reach $640 million by end 2010. … The number of employees is expected to reach 32,000 by end 2010.”…
The Economist, Dec. 18, 2010 at 132, predicts increasing use of legal offshore providers. Three points deserve mention. “Of the $180 billion that Americans spend on lawyers each year, only about $1 billion goes to outsourcers. If the $180 billion is total fees paid to law firms in the United…
Cassandra Burke Robertson, A Collaborative Model of Offshore Legal Outsourcing, Case Western School of Law Working Paper 2010-35 (Nov. 2010),presents a thoughtful discussion of the topic. One point that is clear, from her paper and other sources, is that many countries besides India have seen the arrival of LPO providers.…
The three authors of Decide & Deliver: 5 Steps to Breakthrough Performance in Your Organization got some publicity in the Harvard Bus. Rev., Jan./Feb. 2010 at 26. The squib implies that, in a different context, the Seven Samurai hit upon the perfect number of fighters to make good decisions as…
Here is a guest post from Equivio, an e-discovery software provider, which I have edited and shortened. “The eDiscovery Institute has released its Judges Guide to Cost-Effective E-Discovery http://www.ediscoveryinstitute.org/JudgesGuide/ detailing strategies for better managing e-discovery costs. Recent emphasis has shifted from the preservation and production of ESI, to managing e-discovery…