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  • ILTA - Law Firm of The Future - 25 Aug 2010 - Abraham Friedmann Neiditsch Rovner - V 3 Aug 2010

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    Slides from a presentation (INFO11 session) at the International Legal Technology Association 2010 Annual Conference in Las Vegas. Co-panelists: Gerard Neiditsch, Executive Director Business Integration and Technology, Mallesons Stephen Jaques Jeffrey Rovner, Managing Director for Information, O'Melveny & Myers LLP Mary Abraham, Counsel, Debevoise & Plimpton LLP. In this panel, we assessed the future path of law firms, specifically the possibility that that firms will differentiate and focus on their core offerings, causing them to select different resources mixes.

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    ILTA - Law Firm of the Future - 25 Aug 2010 - Abraham Friedmann Neiditsch Rovner - V 3 Aug 2010

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    Slides from a presentation (INFO11 session) at the International Legal Technology Association 2010 Annual Conference in Las Vegas. Co-panelists: Gerard Neiditsch, Executive Director Business Integration and Technology, Mallesons Stephen Jaques Jeffrey Rovner, Managing Director for Information, O'Melveny & Myers LLP Mary Abraham, Counsel, Debevoise & Plimpton LLP. In this panel, we assessed the future path of law firms, specifically the possibility that that firms will differentiate and focus on their core offerings, causing them to select different resources mixes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    612 views11 pages

    ILTA - Law Firm of The Future - 25 Aug 2010 - Abraham Friedmann Neiditsch Rovner - V 3 Aug 2010

    Uploaded by

    Ron Friedmann
    Slides from a presentation (INFO11 session) at the International Legal Technology Association 2010 Annual Conference in Las Vegas. Co-panelists: Gerard Neiditsch, Executive Director Business Integration and Technology, Mallesons Stephen Jaques Jeffrey Rovner, Managing Director for Information, O'Melveny & Myers LLP Mary Abraham, Counsel, Debevoise & Plimpton LLP. In this panel, we assessed the future path of law firms, specifically the possibility that that firms will differentiate and focus on their core offerings, causing them to select different resources mixes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 11

    ILTA Presentation

    A New View of the Automated Law Firm in 2020


    August 25, 2010 at 1:30pm

    August 25, 2010

    Law Firm Stack of the Future (2020)


    In-person On-location Remote Personal How Is the Firms Services Delivered? Virtual Lawyers

    How Work How Work Who Does is is Managed the Work Produced

    How Business is Developed

    How Work is Priced

    How Work is Packaged

    Key Strategy Drivers

    How is the Firms Services and Operations Sourced


    Insourced
    August 25, 2010

    Shared

    Outsourced
    2

    How Work is Produced


    Overview of Document Drafting
    Bet the Farm Drafting from Scratch Drafting from External & Internal Samples Drafting from Standardized Document Drafting by Expert Systems Law Factory

    August 25, 2010

    How Work is Produced


    The Technology Tools
    Tool
    Enterprise Search DM S Work Product Retrieval External Subscriptions Clause Library Standard Docs Document Assembly
    0

    Bet The Farm Firm Law Factory

    10

    August 25, 2010

    How Work is Managed


    Tool Budgets Project Management Standard Processes Documented Metrics Reward System Extensive, Specific Formal Lawyer Training Frequent Lawyer Evaluations Bet the Farm Law Factory

    Client Feedback Loop

    August 25, 2010

    Who Does the Work?


    Resource Planning and Allocation
    Bet the Farm Partners & Senior Lawyers Junior Lawyers Staff Attorneys Outsourced Lawyers Paralegals Other Profs Admin Staff Project Managers
    August 25, 2010 6

    Law Factory

    How Business is Developed


    Tool Referral Reputation Traditional Outreach Social Media Value Results Bet the Farm Law Factory

    August 25, 2010

    How Work is Priced


    Bet the Farm Hourly Rates Hourly Capped Success Fees Hourly, Some at Risk Fixed Fees Contingency ??? Law Factory

    August 25, 2010

    How Work is Packaged


    Tool Extensive Hand Holding Personalized Advice Web-based Retainer Embedded Systems Expert Systems Bet the Farm Law Factory

    August 25, 2010

    Profit Drivers
    Tool Volume High Risk Matters Lever Technology Retainers High Leverage Contingency Fee Cost Management Bet the Farm Law Factory

    August 25, 2010

    10

    Key Strategy Drivers


    Tool Price Reputation Tight Focus Broad Focus Geographic Footprint Frequent & Systematic Personal Contact Bet the Farm Law Factory

    Service Delivery

    August 25, 2010

    11

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