LexisNexis® Legal Newsroom
An Interesting Point in Support of AFAs

Anthony Tijan's article in the Harvard Business Review about bundling services and goods goes on to make an intriguing point about Alternative Fee Arrangements (AFAs): "I remember receiving a legal bill that carefully showed the breakdown of all the expenses. As the buyer of these services...

Project Management, People Management

What's the relationship of project management and people management? The worst professional project managers I've worked with over the years were universally terrible people managers. Conversely, the best project managers were outstanding people managers. (Two clarifications: First, I'm...

Risky Business (So to Speak)

Control Costs. Meet Schedules. Manage Risks. Maintain Sanity. Those four phrases represent the subtitle of my book Legal Project Management ... and are also the four critical actions of a project manager. Most understand they need to do the first two, even if they're not always sure how. (Subliminal...

What every lawyer needs to know about project management, Part 2 of 5

Is it possible to control the costs of legal matters? While some lawyers have been working on a fixed price basis for years, others still believe that fixed fees simply cannot be applied to complex legal matters. The cost of defending a suit may be very low if your opponent is willing to settle early...

Can Anyone Manage Projects?

The title of this article, Can Anyone Manage Projects, has two meanings. When I said it to a colleague about two years ago, we got our wires crossed for a minute because of the dual meanings. I asked, in effect - and rhetorically -"Do you have to be some sort of certified project manager to...

Turning on the Light of Legal Project Management

Paul Easton has a good post recently where he talks about the possibility of Legal Project Management as a panacea . (That's the term in his title, and I think there's just a bit of tongue-in-cheek there.) As much as I think Legal Project Management can make a huge positive difference in the...

Measuring Success in the Corporate and Legal Worlds

Bruce MacEwan (Adam Smith, Esq.) asked a good question the other day : What is the one line item that appears on virtually every corporation's balance sheet but not a single law firm's? The answer: retained earnings. An upset - and I think inaccurate - post in Above the Law this morning...

Legal Project Management (Part 5): Six Sigma and Lean

When I started this series of posts, I thought it would have only five parts. However, a significant amount of new information has been published on this topic since I started the series a few weeks ago, so I will continue with several additional posts. When experts talk about increasing legal efficiency...

Legal Project Management (Part 6) – Budget problems and solutions

Many lawyers believe that it is simply not possible to predict the costs of complex legal matters. As the managing partner of a firm with more than 1,000 lawyers put it in The LegalBizDev Survey of Alternative Fees : [Some] litigators say [a fixed fee] just doesn't work at all, because who knows...

Legal Project Management (Part 7): Training

All of a sudden, legal project management training is hot. Whether you want a one-hour webinar, a three-day workshop, or anything in between, someone has just the course for you. What a difference six months makes. Last November, Paul Lippe posted this query on Legal Onramp : "I am at a Law...

Legal Project Management (Part 8): McDermott’s Deal Dashboard

If you believe what's been written on the web lately, you'd think that the idea of applying project management principles to legal matters was brand new. In fact, however, some lawyers have been focused on these ideas for years, developing new tactics and tools, often under the radar. For...

Getting a Jump on the Ball

About 30 years ago, I played softball against the cast of Children of a Lesser God . (This is a shaggy-dog story of sorts, though it's true. It does have a point. I'll get there.) It was in the Broadway Show League, a mixed-gender slow-pitch friendly league that played at fields in New...

A Radical Future For The Legal Industry?

Rory Webber, Martindale-Hubbell Connected's Marketing & Community Development Manager interviews legal journalist and MH Connected member, Richard Parnham. In today's difficult economy, many law firms are focusing on how to survive over the next few months. But good times will - hopefully...

How Project Management Can Help Your Marketing

Patrick Lamb has this week a post about project managemen t on his In Search of Perfect Client Service blog. Specifically, he comments on the Legal Project Management Quick Reference Guide written by my colleague Jim Hassett of LegalBizDev . Pat reviewed a copy of the guide and endorses not only the...

Legal Project Management (Part 9): Getting Away from Perfectionism

When Voltaire wrote the phrase "Better is the enemy of good" in the late eighteenth century, he was not thinking about the needs of legal clients. But the phrase is extremely relevant to the challenges lawyers face today as they adapt to what Paul Lippe has called "the new normal."...

It’s News When a Law Firm Says It!

It's not news when a GC says it. Mark Chandler (Cisco) and Jeff Carr (FMC) have been saying it for a long time. It's not news when a vendor says it. Paul Lippe (Legal OnRamp) and Ron Friedman (Integreon) have been saying it for a long time. It's not news when a consultant or author...