May 26, 2014
As a father to two young children, I’ve played my fair share of rock-paper-scissors over the years. And while admittedly my competition has been restricted to the age 11 and under bracket, I’ve enjoyed my unfair share of wins. My flair with paper? Irrefutable. My finesse with scissors? Been there,...Read more
May 18, 2014
When the blog editor gently reminded me that my turn on the editorial calendar had rolled around and that I better get writing, I looked back at my last post ( Putting Big Data to Work – After the Selfie ) and thought about the next logical step. That next step is, of course… the Shelfie, as in...Read more
May 11, 2014
I recently read an article about the effect that data guru Nate Silver has had on the landscape of political media and election coverage. It got me thinking about how enterprise legal management (ELM) is also being transformed by data. Silver is the statistician and writer who famously made correct...Read more
May 4, 2014
Have you ever entered a negotiation wanting to provide or receive good value and fair pricing, but feeling unsure of how to get there? Great value is in the best interest of both law departments and law firms because it supports a strong, ongoing partnership. But achieving this win-win pricing that...Read more
April 28, 2014
Last year Insight Labs, a foundation that “helps entities think through large-scale issues in need of solution,” set out on a year-long quest to understand the present-day business of law and to predict its future. They sought input from attorneys, executives, educators, technologists, and others...Read more
April 21, 2014
The use of alternative fee arrangements (AFAs) has been on the rise in many claims and legal departments for several years and most agree that they are here to stay. But how do you determine which AFA structures are appropriate for a particular matter or outside counsel relationship? That depends...Read more
April 13, 2014
This guest post is by Sandeep Sacheti, VP of Customer Insights and Operational Excellence at Wolters Kluwer Corporate Legal Services, our parent company. This is the first in a series of posts that Sandeep is contributing to the Wired Innovation Insights blog. Sandeep’s message is particularly...Read more
April 6, 2014
No surprise. The world is generating big data faster than ever . It’s estimated that most mid-large size companies will double their volume of data and information annually. The big data revolution is a quiet one; it has been going on for years. Today, businesses across all industries and sectors...Read more
March 30, 2014
As part of our first quarter Legal Analytics activities, we’ve been analyzing invoice data for 2013 and the early part of 2014. While there were some expected trends, I’ve been genuinely startled by some of what we’ve learned. Our data shows that demand for legal services, as measured by billed...Read more