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Month: June 2017

BOARD GOVERNANCE EXPERT NANCY MAY SPEAKS TO A NEW APPROACH FOR SUSTAINING HIGH PERFORMANCE BOARDS

Nancy May tackles the issue of sustaining high performance boards. A leading expert in the field, she speaks to the challenges and opportunities this presents. In her words: “In these times, boards need to be more dynamic than they are today, if they want to continue to succeed. Life term directors and board “continuity” are no longer the prime means of keeping a board strong. Boards need to “refresh” and “re-balance” in response to changing business environments.”

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BULLET POINTS: FOLLOW THE MONEY

Just over a month ago, we raised a glass on the trading floor of the New York Stock Exchange to a full day of discussions and presentations on Cybersecurity. It was a suitably sparkly end to an otherwise very serious day. While Cybersecurity conjures up images of spies, fast cars and martinis shaken not stirred, the reality is a whole lot more gritty. The consequences of error can be devastating. Boards of Directors are waking to the challenges of governance in a world that didn’t exist 20 years ago. CEO’s are having conversations about risks that can kill their businesses....

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#CyberSecurity: Recent Attacks Demonstrate The Urgent Need For C-Suite Cybersecurity Expertise

On BULLET POINTS we feature a guest post by HPC Contributor on Cybersecurity, Chuck Brooks. This week the mainstream headlines have been brimming with news of cyber attacks impacting society and industry at every level. The legal industry could not escape the headlines and was dragged onto the front page – not as adviser but instead as victim. One of the largest, highest profile law firms in the world was snared by a broad-based cyber attack with severe consequences for day-to-day operations. Those who have questioned the relevance of cyber in the legal industry must surely now be coming around to the reality that no-one and nothing is exempt from attack. Only the right strategy, technology, awareness and people training may stand between attack and devastating consequences. Chuck knows what he’s talking about. We commend reading his article.

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Interview of Chuck Brooks, Judge of GSN Homeland Security Awards, on Key Homeland Security, Cybersecurity, and Technology Issues for 2017

Cybersecurity is moving mainstream rapidly. As corporate and government clients address it, the expectation grows that their professional or technical service providers will step up also. This represents an interesting challenge – and opportunity – for the legal industry. In this interview, our expert analyst and contributor Chuck Brooks looks at the road ahead.

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When “I don’t know,” Is The Right Answer In An Interview, By David B. Sarnoff, Esq.

You get the call from your recruiter that a law firm wants to bring you in for an interview. If your recruiter is doing his/her job, you will be provided with the names of the attorneys you will be meeting with, their biographical information and any insight, both professionally and personally that can aide in connecting with the people across the table. Furthermore, the recruiter should be preparing you for the session by raising questions to anticipate and to discuss how to respond effectively to each question. There is a great misconception that the interviewee, must answer substantive questions...

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WHAT’S YOUR STORY?

It has been a busy week here at HIGH PERFORMANCE COUNSEL – engaging in dialog with industry participants, on-boarding new clients and rolling out our fresh new look (with some exciting functionality behind the scenes). Our goal remains simple and that is to tell the story of the individuals, organizations and solutions creating the framework of the next ten years in law. This week we enjoyed engaging with some really fabulous people and organizations out there who definitely “get it”. There are too many to mention everyone individually but here we highlight a few who deserve a special mention.

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GAZE INTO MY CRYSTAL BALL. BEHOLD THE FUTURE… HOW’S YOURS LOOKING?

We may not have a crystal ball we can gaze into to tell the future – but all of us can learn from some of the brightest minds in legal innovation who are thinking about it a lot. To contemplate a lifelong career with a blindfold on makes no sense. It never made sense but it makes less sense today than ever before in the legal sector. To know what’s coming allows you to plan for it and embrace the change – not get left behind by it. Starting this week – an exclusive series of articles in conjunction with our friends and colleagues at Law Made. You won’t want to miss this.

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LITIGATION RISK MANAGEMENT: WHAT IS THE MORAL TO YOUR LITIGATION STORY?

Courtrooms can be interesting places. Juries are people like the rest of us – and they instinctively seek answers. If you don’t tell the story, the jury will create their own – and you may not like how that turns out. This expert article – presented in conjunction with leading consulting firm BLUEPRINT – speaks to why there are good reasons for trial attorneys to present their cases in story form.  Research has consistently shown that stories are more likely to be comprehended and recalled.  Moreover, when information is not presented in story form, people tend to reorganize the information into stories anyway.  The danger of not providing stories at trial is that jurors will create their own stories to fit the evidence and to fill any gaps which may be inconsistent with a client’s position. Is that a risk you’re willing to take?

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IT STARTS NOW. READY? A NEW SERIES ON LEGAL INNOVATION

We’re delighted to launch a new, exclusive series written by two leading minds in legal innovation, Lisa Culbert and Jason Moyse of Law Made. They’ll be looking at the road ahead for the modern legal practitioner and other participants in the legal industry. What does it look like? What are the new skills? Will yesterday’s niche career in tech and innovation become tomorrow’s mainstream career? All these questions – and more. We think you won’t want to miss this.

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TODAY AND TOMORROW FOR THE 21st CENTURY LEGAL PROFESSIONAL

Today we’re delighted to launch a new, exclusive series written by two leading minds in legal innovation, Lisa Culbert and Jason Moyse of Law Made. They’ll be looking at the road ahead for the modern legal practitioner and other participants in the legal industry. What does it look like? What are the new skills? Will yesterday’s niche career in tech and innovation become tomorrow’s mainstream career? All these questions – and more. We think you won’t want to miss this.

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HIGH PERFORMANCE COUNSEL MEDIA GROUP ANNOUNCES NEW ADVISORY BOARD MEMBERS REFLECTING DEEP LEGAL INDUSTRY EXPERTISE

Each of the new Advisory Board members brings unique insights and experiences of the legal industry in their various capacities as clients, practitioners, founders, analysts, commentators, technology advisers, investors and media. They join world-class colleagues who have supported HPC since its inception – the resulting combination of intellect and experience is second to none.

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LAW MADE COMMENTARY: LEXISNEXIS ACQUISITION – THREADS OF INNOVATION RAVEL BEST TOGETHER

By Law Made Video Version can be Found Below Recently, the team at Ravel Law announced their next steps, which is an acquisition by (Law Made client) LexisNexis.  To date, there has been about $15M invested in the company according to CrunchBase. This didn’t come as news to those that watch these things closely. In recent months, Law Made was part of a Silicon-Valley based discussion where several key players in the legal innovation and investment ecosystem volleyed around the potential paths for Ravel. The Law Made worldview is not always the one that carries the day – but we were always...

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NANCY MAY: DIVERSITY – RESISTANCE IS FUTILE

Nancy May is President and CEO of The BoardBench Companies and one of the smartest folks we know. We love that Nancy is a straight-talker. She calls it. No fuzz on it. In her view: “.. this boardroom diversity “thing” isn’t going away. Diversity and equality in the boardroom is coming. How soon you face it and embrace it is up to you. Resistance is futile. We’re with Nancy. How about you?

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ARTIFICIAL INTELLIGENCE (AI) IN LAW. BE AN ASTRONAUT – OR STRAP IN LIKE EVERYONE ELSE…

Newton’s Law of Gravity applies to everyone except when you’re an astronaut in a cool rocket and then you don’t care anyway since, well, it’s so cool. For everyone else, we have gravity. It’s an uncomfortable truth for many but, a bit like Newton’s Law of Gravity, it turns out that the rule of “better, faster, cheaper” applies to the legal industry also. Unless you have a rocket ship, you get to deal with it like everyone else. This might be a good point to strap in. The better, faster, cheaper movement has been a bit slow arriving –...

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NEWS RELEASE: BLUEPRINT TRIAL CONSULTING ANNOUNCEMENT

New York, NY – June 12, 2017 Leading litigation consulting firm, BLUEPRINT TRIAL CONSULTING, announces its offering of jury research and analytics services for evaluating litigation risk. Speaking to litigation industry analysts in New York, co-founding partner Dr. Eric Rudich commented “The litigation field is highly inefficient.  Litigants typically spend too much money on cases that they should have settled earlier before undergoing an extensive and costly discovery process.  When cases settle, litigants often settle for too much or too little.  Our services help our clients make tough decisions which significantly reduces their litigation spend.” Observers note that BLUEPRINT...

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FOLLOW THE MONEY. DERMOT KNIGHT OF NAVIGATE LEGAL STEPS UP FOR THE INFAMOUS #BAKERSDOZEN CHALLENGE

We asked Dermot his thoughts on the greatest challenge facing law – his answer was succinct, powerful and timely: “Inertia. Innovation must go beyond buzzwords at conferences – there needs to be a transition from having an innovation strategy to living one. Those who act first have the most to gain – those that linger the most to lose.” You can read his interview here.

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BRING IT. INSPIRED AND INSPIRATIONAL LEGALTECH CEO LECIA KASLOFSKY ON HARD-EARNED SUCCESS AND MORE IN THE #BAKERSDOZEN

Successful Legaltech Founder & CEO Lecia Kaslofsky has the instincts and the inspiration of a winner. Taking the path less trodden, she speaks the story of hard-earned success. When we asked what inspires her? “Olympic athletes inspire me. Musicians inspire me. People who put in the work each and every day and then make it look facile, triumphant even.

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ASK (LOTS OF) QUESTIONS AND FOLLOW THE MONEY: RISK MANAGEMENT IN LEGAL SERVICES

On HPC BULLET POINTS: Along with a big uptick in inquiries around legal tech and legal ops, we’re also seeing increased interested in risk management and risk avoidance for law. This shouldn’t be very surprising but the growth in client-side demand for more and better information is noteworthy. Law is clearly now “on radar” with CEOs, CFOs, CLOs – and shareholders. It’s reasonable for them to expect that new data sources and modern technology can be used not only to cut costs but also to support decision-making more effectively. Figure analytics, data analysis, error extraction via process automation & improvements...

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OLGA MACK & NEHA SAREEN: CORPORATE GROWTH AT CISCO – MORE THAN NUMBERS

Those who think gender diversity on boards is merely “for the sake of diversity” can learn from Cisco’s example – our expert Contributors argue. Olga V. Mack and Neha Sareen make the connection between how business is done – and good business. They point to industry leader Cisco, where innovation in tech is matched by innovation in corporate culture. Cisco is one of the few companies that has recognized the importance of gender diversity on its board: when diverse leaders make big picture decisions, corporate culture thrives, and corporate growth follows. You can read their analysis here.

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THE GAMIFICATION TREND IN #CYBERSECURITY – EXPERT CHUCK BROOKS TALKS THROUGH THIS EMERGING SOLUTION FOR CLIENTS

Many organizations are learning the hard way that what they thought was secure is really not. Data breaches are an epidemic and every year of intrusion reports outpace the previous year. As a result of procrastination on cyber threats, corporate leadership has been playing catch up by procuring IT security technologies, educating their boards of liability issues, and hiring cybersecurity talent. However, deciding how to best allocate resources, focus on specific industry threats, and design prevention and contingency plans are not easy tasks. Gamification can be helpful in providing testing and simulation for a custom cybersecurity strategy while stimulating the workforce at the same time. Our Cybersecurity Expert Contributor Chuck Brooks walks through the issues.

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TOP IP PARTNER SCOTT LOCKE TAKES ON THE INFAMOUS #BAKERSDOZEN

A little while back, we were fortunate to sit down with Scott Locke, a leading intellectual property partner and department chair at Dorf & Nelson LLP – advising household-name clients in the life sciences industry, the internet of things industry, the fashion industry, the cosmetics industry, the medical device industry and the wearable technology industry. Here you can read how he tackles the infamous #BakersDozen…

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