Category: #LegalProductization

HPC COMMENTARY: LEGAL EFFICIENCY IS LIKE CAKE THESE DAYS. YOU CAN HAVE IT – AND EAT IT.

While two nations may be divided by the same language nothing divides the US and UK like the relative popularity of fruit cake. Giving someone a fruit cake gift in the US is, essentially, the equivalent of un-friending them on Facebook or blocking them on Twitter. It’s a clear statement that you (a) don’t like them or (b) you don’t really understand gifting. Don’t even get me started on the politics of re-gifting a fruit cake. Legal efficiency is a lot like cake. But it’s not a bad thing. Let’s unpack that.

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Legal Delivery Is Becoming Digitized. What Does That Mean?

The features of digitized legal providers are becoming well-defined– they are customer centric, tech and process enabled, agile, diverse, accessible to clients in real-time, intelligent, globally branded, scalable, multi-disciplinary, and enterprise focused. Few—if any—law firms fit this description. The Big Four accounting firms, Accenture, IBM, and others certainly do. Consider that General Electric recently moved its global in-house tax department to PriceWaterhouse Coopers. Law firms should take notice. This is the next phase of legal digitization: managed legal services.

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