In the latest issue of Managing Partner Magazine (July/August 2010, Volume 12 Issue 12, www.mpmagazine.com) there are some interesting articles on the trends in legal spend and pricing management, which clearly points out the swung of balance of power towards the[…]
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Competitive advantage by questioning assumptions
Holly G. Green has in her recent post ‘Time for an Assumption Inventory?’questioned the common statement that the only sustainable competitive advantage may be the ability to learn faster than your competitors. Instead Holly G. Green argues that “The ability for[…]
Read moreCreativity is the new style of leadership
The IBM 2010 Global CEO Study reveals that competency in creative leadership leads the list for standout CEOs. Connie Harryman has further analyzed the Study in the Front End of Innovation blog post ‘Creativity is the new style of leadership’ . “Creativity is more[…]
Read moreInnovative management uses technology as differentiator
Thanks to Susan Letterman White of Letterman White Consulting, the interesting series of articles about innovative managing partners that Law360 has been running were brought to our attention, especially the article about K&L Gates’ Managing Partner Peter Kalis. Riding the cutting edge[…]
Read moreVQ arranges Knowledge and Strategy Forum in November
This autumn, VQ arranges the first annual Knowledge and Strategy Forum Legal to take place at the Grand hotel in Stockholm on 11 and 12 November 2010. This forum covers topics of interest for leadership, strategy, innovation and technology for[…]
Read moreCompeting by raising prices
As a follow up on our last post ‘How to compete on cost’ there was a very interesting article in Wall Street Journal about pricing strategy ‘Raise Your Prices!’ by Frank Cespedes, Benson Shapiro and Elliot Ross. The conclusion of the article is that[…]
Read moreSäkra företagets kunskap – InfoTorg Juridik
Undvik dubbelarbete. Med väl fungerande Knowledge Management (KM) fungerar kunskapsöverföringen i företaget. Helena Hallgarn, Virtual Intelligence VQ AB, ger fem råd för bättre kunskapshantering. 1. Bilda en medvetenhet om behovet av bättre stöd för ledning och organisation av kunskap samt[…]
Read moreDags att utbilda byråer – Realtid.se
Vinge-avhopparna siktar mot att utbilda byråer inom Knowledge Management. Till hösten kommer de att dra igång seminarium och riktade utbildningar. – Tanken är att byråer ska kunna anlita oss ett par timmar där vi kan tala om hur de kan[…]
Read moreHow to compete on cost
Jordan Furlong has written an extensive article ‘How to compete on price’ on why lawyers should stop following the old advice not to compete on price and instead learn how to do it in a way that sustains the business. Many lawyers[…]
Read moreLaw firms and the internet generation
In a recent article in Times on line “Does the Law Society know there is an internet generation?” , professor Richard Susskind reveals how the Law Society in 1996 thought that he should not be allowed to speak in public. The reason?[…]
Read moreUnderestimation of legal tech complexity
A common reaction to things that are out of our knowledge is to underestimate the difficulties and the complexity involved. Dilbert has a lovely little comic strip on this subject, where Dilbert’s boss brings good news on a bid to build a[…]
Read moreKM Case Study, On the knowledge – Managing Partner Magazine
Knowledge management is more than just bringing various parts of a firm together, says Helena Hallgarn, who argues that to deliver benefits KM has to look beyond legal knowledge alone. Helena Hallgarn is former head of KM at Scandinavian firm[…]
Read moreCloud computing in law practice management
In the post ‘Innovative Attorneys Push Forward with Virtual Law Practice’ at the Lawyerist.com Steph Kimbro explores issues relating to the use of cloud computing in law practice management. “Virtual law practice is growing as attorneys and firms see the benefits of[…]
Read moreA new brand of lawyer?
In her recent blog post ‘A New Brand of Lawyer: Are you ready?’ Donna Seyle of Freelance Law Firm discusses a current paradigm shift in the legal services based on conclusions made by professor Richard Susskind and international lawyer/entrepreneur Jorge Colón. Professor[…]
Read moreKnowledge Management 2.0 by combining KM methods with 2.0 tools
In the knowledge management world there have sometimes seemed to be a bit of tension between social media/web 2.0 and KM. It has even been argued that they are each others opposites, that social media and web 2.0 is all[…]
Read moreNew horizons – KIM Legal Magazine
In the latest issue of KIM Legal Magazine Virtual Intelligence VQ provides views on how current trends in the legal marketplace will affect the work of the knowledge professional and what role technology has to play.
Read moreAlternative billing and the need for better analysis
In their article on Alternative Billing and the Best of ABA TECHSHOW Jim Calloway and Natalie Kelly discuss the nature of alternative billing, which “could be said to be simply a shift in the way firms use ‘time’ as the commodity and[…]
Read moreClient Collaboration Trend
There is a clear trend on the legal market on increased collaboration and knowledge sharing within legal networks, such as Legal OnRamp, but also freely on the internet as part of the commoditisation in the light of the Legal Services Act.[…]
Read moreThe platform is changing
Jordan Furlong, a leading analyst of the global legal market, Law21, writes in The platform is changing that the legal market delivery platform is changing from big firms to internet based. He compares it to how Word took over the market[…]
Read moreA strategic imperative – KIM Legal Magazine
In the latest issue of KIM Legal Magazine, a panel of leading KM professionals discussed innovative ways to secure fee earners contribution. Ensuring that fee earners and partners fulfill the responsibilities from a knowledge contribution point of view is a[…]
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