While the Bill of Rights is mostly aspirational, LexisNexis is already putting the philosophy into action through many of its new product development efforts. Here are just a few examples of how we are aligning with some of the Bill of Rights.
Making Sense of Data—and Making it Work for You
Big data is finally reaching the legal profession, a profession accented with risk aversion by its nature. In a world where small farmers selling watermelon in an open market on Sunday morning can accept a $4 credit card payment on their smartphone, 20 percent of all legal bills still come by way of US postal service or as PDF attachments in emails. However, the pressure to reduce costs has slowly but surely begun to prod the legal profession along.
How Two Companies Worked Together—and Lawyers Won
The legal profession is in a state of flux, and excelling at the practice of law is no longer a guarantee of success. Alternative business structures are increasing competition. Clients are demanding greater transparency and value, as well as alternative fee structures. To navigate this change in how the business of law operates, law firms need to operate in the international arena and take advantage of new industry and expansion opportunities.
How We Do Customer-Driven
LexisNexis Firm Manager® was introduced in 2011 with the goal of helping attorneys “get organized, master their business, and connect with clients.” After several months, however, it was clear that it had missed the mark.