“We cannot solve our problems with the same thinking we used when we created them.” --Albert Einstein Artificial intelligence (AI) has been the big legal industry story of 2023, and... read more →
“How did you go bankrupt?" Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises Thomson Reuters (TR) released its “2023 Report on the State of the Legal Market.”... read more →
Dentons will soon turn ten—and with a characteristic bang. The firm sent a letter to its clients heralding its forthcoming birthday milestone and looking to the future. Days later, Dentons... read more →
EY and Deloitte recently made headlines and fueled speculation by purported plans to spin-off their audit and advisory arms. EY, Deloitte, PwC, and KPMG (The Big Four) have come under... read more →
“New law” is a catchall industry term popularized in the aftermath of the global financial crisis. It is often linked to “legal tech,” “legal ops,” “ALSP’s,” and “legal innovation.”Each is... read more →
Big Law has demonstrated remarkable resilience. It has weathered financial crises, economic downturns, the Big Four, automation, social change, corporate digital transformation, and the Pandemic,. Big Law channels Mark Twain—... read more →
Dollar Shave Club was just bought by Unilever for $1 billion. That’s a mighty big number for a five-year old start-up. But the real story is how a start-up could... read more →
Last week I wrote an article analyzing the principal reasons why corporate legal departments are taking on so much more work themselves instead of outsourcing it to law firms. This is,... read more →
Love it or loathe it, we are living in the age of the sharing economy. Long-standing vertical leaders have fallen like dominoes. They have been marginalized by new, tech-enabled entrants... read more →
The sales process in law used to be so simple: partner at law firm has a relationship with the General Counsel or a subordinate in-house attorney. Company has a legal... read more →
