Join our panelists Jean O’Grady (publisher of Dewey B Strategic) and Michael King (Director of Loss Prevention at Schiff Harden) to discuss the latest trends in legal technology and how advances in automation can benefit law firms by reducing cost, mitigating risk, driving new revenue, and preventing revenue leakage.
In this webinar, you will learn:1) How ECFX Notice reduces cost and mitigates risk by automating the eight (8) essential workflow steps of court notice management.
• Process ECF notices in seconds
• Control naming conventions and storage locations
• Reduce risk associated with manual errors and delays in processing
• Gain visibility into firmwide notice processing metrics2) How ZERØ drives profits and new revenue through automated email compliance and passive time capture from email review.
• Increase new revenue
• Decrease revenue leakage
• Improve email compliance
• Reduce risk associated to data loss prevention (wrong recipient detection)

ECFX Notice is an Enterprise Notice Management System using Intelligent Automation to streamline the entire ECF notice workflow with firmwide administration and analytics.

ZERØ is a ‘smart mobility’/ intelligent automation company with products that automate both the time capture and email filing workflow. Our AI technology categorizes and prioritizes emails in the professional’s inbox to the appropriate client/matter workspace while automating the time reconstruction process for time captures related to email communication.

Register here.

In light of the financial pressures the pandemic has put on businesses,  Wolters Kluwer Legal & Regulatory U.S.  will host a webinar to explore the evolving role of legal knowledge management professionals both in private practice and within law schools. The webinar, titled “The Future Ready Lawyer – The Evolving Role of the Library and Library Staff,” will take place on February 24 at 11 AM EST, and a wine tasting seminar for webinar participants will begin at noon.

To register for “Wolters Kluwer Presents Future Ready Lawyer – The Evolving Role of the Library And Library Staff,” click here.

 

The webinar will feature a distinguished panel of legal industry leaders, including Ronald E. Wheeler, Jr., Director, Fineman & Pappas Law Libraries at Boston University, Jean P. O’Grady, Sr. Director of Information, Research & Knowledge at DLA Piper US, LLP, and Steven A. Lastres, Director of Knowledge Management Services at Debevoise & Plimpton LLP. The webinar will be moderated by Wolters Kluwer’s Nicole Pinard, Vice President & General Manager of Legal Education, and Ken Crutchfield, Vice President & General Manager of Legal Markets. The panelists will share and address trends, progress, and challenges across the legal profession both domestically and globally, with a focus on the future. All webinar registrants will be sent three bottles of wine to participate in a tasting seminar with a wine expert following the virtual roundtable.

“In view of the challenges that businesses are facing, there will be a brighter spotlight on legal professionals and the performance of law firms moving ahead,” said Crutchfield. “During the webinar, we will discuss the need for law firm librarians and library staff alike to increase productivity and efficiency, while also ensuring they deliver the highest value and ROI.”

“The current climate presents a number of unknowns for the industry, but what we do know for certain is that legal professionals will need to continue to adapt in order to succeed in the future,” said Pinard. “This webinar presents an excellent opportunity to discuss challenges and best practices for legal knowledge management professionals with some of the industry’s top thought leaders.”

To register for “Wolters Kluwer Presents Future Ready Lawyer – The Evolving Role of the Library And Library Staff,” click here.

It’s hard for me to believe that I wrote my first Dewey B Strategic  post on February 17, 2011.  My intended goal was to highlight the importance of librarians and knowledge managers as strategic assets in their organizations and to be an observer and possibly influencer in the legal publishing and legal tech marketplace. It has been a fantastically interesting ride. I have had a front row seat watching the development of dramatic new technologies. In 2011 the ground was being prepared for  the growth of AI, analytics, powerful workflow tools and the invention of new classes of research tools e.g. brief analysis.

In 2011, my first product review was about Fastcase. I covered the acquisition of BNA by Bloomberg and the collapse of Howrey, the innovative international law firm. I conducted a survey on the Best and Worst Legal Publishing Mergers. The PLL Summit was in its infancy and I covered Keynote, futurist Ester Dyson and a hilarious lunch talk by Esquire writer A.J. Jacobs the author of “The Know it All: One mans humble quest to become the smartest person in the world.” (Inspired of course by his father — obsessive lawyer, treatise writer Arnold S. Jacobs). I also railed against ebooks for legal research (the 8 track tape of legal research) – yet they survive! Links to 2011 posts listed below.

Many Thanks I want to thank you – the readers for all your feedback over the years. Thank you to my  informal posse of friends and proofreaders who  spot my mistakes. Thanks the many bloggers who inspired me, especially Ron Friedmann and Prism Legal, Greg Lambert of Three Geeks and the Law, David Lat of Above the Law and the Law and Bob Ambrogi of Law Sites.

I also want to thank the many legal tech innovators (mostly former lawyers with a dream) who sat down for interviews and shared their Continue Reading Dewey B Strategic is 10 Years Old Today! Many Thanks to My Readers

Respond to the  2020-21 What’s Hot and What’s Not Survey here. Although the world was shut down by the pandemic, our friends in legal tech continued their pursuit of innovation and market share.  Most of us had a sense of whiplash and disbelief when the world came to a virtual halt in March 2020. Law librarians who had built digital libraries over the years offered their attorneys a fairly seamless transition to their work from home desktop. Within weeks most legal publishers had developed a special COVID offering. These ranged from free alerts, to primary sources and workflow toolkits. Despite all of these efforts law librarians and knowledge managers faced a gap in COVID coverage. Almost overnight a “gray literature” emerged which major legal publishers were not Continue Reading What’s Hot and What’s Not? Welcome to the Dewey B Strategic 2020-2021 Hits and Misses Survey

HBR Consulting  just released the 2020 Benchmarking + Legal Information Services Survey (BLISS). The innovative and interactive delivery format is at least as interesting as the content. The survey focused on the core metrics such as staffing, budgets, and resources but also covered hot topics such as innovation and COVID-19 impact. The survey was undertaken during June and July 2020, three months after most law firms were two months into mandatory work from home. That enabled the  survey designers to capture some insights into how law firms were adapting legal research and knowledge services in response to the pandemic.

I asked Colleen Cable, director at HBR Consulting, to provide some insight into HBR’s goal in creating the survey. According to Cable “HBR recognized that there was a need for law firm library benchmarking data that could be utilized to support decision-making within the firm. This type of benchmarking, available by Am Law segment, is not offered anywhere else in the market, so HBR stepped in and BLISS was born.” One of the things I noticed immediately is that this report captured attorney staff ratios. This has been an elusive “holy grail” of library benchmarks that I have been begging for over the many years I have Continue Reading HBR Releases Interactive Library Benchmarking Survey with COVID Insights

Today Wolters Kluwer Legal & Regulatory U.S. is announcing a unique collaboration with Granville Knowledge Management (Granville KM) to integrate Merger Thresholds Monitor with Kluwer Competition Law. The platform offers a unique resource for antitrust and competition lawyers needing access to worldwide merger control thresholds.

This is Wolters Kluwer’s latest enhancement to Kluwer Competition Law, the leading resource for EU, national and international competition law. The partnership with Granville KM,  provides a seamless integration of Granville KM content into the Wolters Kluwer  platform.

According to Martin English, Sales & Marketing Director at Wolters Kluwer Legal & Regulatory US, International Group US companies, especially technologies companies are receiving more anti-trust scrutiny around the world and practitioners need timely insights from Continue Reading Wolters Kluwer Launches Merger Thresholds Monitor in Partnership with Granville KM

The American Association of Law Libraries is preparing to publish their second State of the Profession Survey. The AALL State of the Profession Report “provides an overview of the law library and legal information landscape.” The goal of the survey is to examine the contributions of legal information professionals across, academic, private firm and governmental organizations. The survey will examine the both challenges and opportunities facing librarians and knowledge managers. The final report will be designed for benchmarking, advocacy, organizational planning and personal development of members. The first survey was published in 2019.

The survey for second edition of the AALL State of the Profession Survey.  was sent to all AALL members working in law libraries and equivalent settings. in mid-January. The new survey will address issues in the current legal landscape including, COVID-19,  technology, demographics, budgets, user services, and more. Responses are due back to AALL February 12, 2021, at 11:59 p.m. Central.

Any members who did not receive an invitation to complete the survey should request an invitation from AALL’s partner organization for this project Association Research, Inc. (ARI), at ari@associationresearch.com.

Nonmembers who work in legal information settings can also request an invitation to participate in the survey at ari@associationresearch.com.  Additional information is available on AALLNET.

Today Bloomberg Law is launching enhancements to their Draft Analyzer tool which streamlines the  M&A drafting process. The Draft Analyzer was launched in 2015  as a “what’s market” tool which I reviewed in an earlier post.  The Draft Analyzer streamlines transactional workflow by leveraging a proprietary algorithm to benchmark a clause  to similar provisions from agreements filed as exhibits in the SEC’s EDGAR database. Like the Bloomberg Law Brief Analyzer the Draft Analyzer offers a easy “drop and drag” technology which allows a lawyer to drop a document into the analyzer engine.  “The new enhancements for merger agreements include easy access to market standard language for clauses in the agreement, a new user interface to speed up document navigation and review, and validate defined terms. The tool is linked to clause-specific expert drafting and negotiating guidance.

Draft Analyzer is a drafting workflow tool for transactional attorneys that uses a proprietary algorithm to benchmark the user’s submitted text against similar provisions from agreements filed as exhibits in the SEC’s EDGAR database. The new enhancements for merger agreements include easy access to market standard language for clauses in the agreement, a new user interface to speed up document navigation and review, the ability to quickly review definitions for all terms defined in the agreement, and clause-specific expert drafting and negotiating guidance.

Bloomberg Law Draft Analyzer Market Standard

The press release reports that the tool offers significant efficiencies to M & A lawyers reviewing drafting and searching for language in similar deals. In addition,  85% of beta testers reported that Draft Analyzer will “reduce time spent reviewing and analyzing a merger agreement, and 97% agreed that it will help reduce time spent identifying standard language.”

Workflow and Efficiency Law firms and in-house counsel are laser focused on enhancing workflow efficiency. “We know that reviewing, drafting, and negotiating agreements are part of transactional attorneys’ day-to-day practice, and the newest enhancements to Draft Analyzer allow users to save time and effort,” said Joe Breda, president of Bloomberg Law. “Draft Analyzer joins Brief Analyzer and other innovative Bloomberg Law resources that increase efficiency, all on a single platform and for a single price.”

A brief video overview is available here. 

For more information and to schedule a demo, visit http://onb-law.com/MunL50DhFo6.

Here is the press release:

BLOOMBERG LAW’S DRAFT ANALYZER INCREASES EFFICIENCY FOR M&A ATTORNEYS

 

ARLINGTON, VA (January 25, 2021) — Bloomberg Law announced today key enhancements to its Draft Analyzer tool, which streamlines the process of reviewing, analyzing, and drafting merger agreements. For more information and to schedule a demo, visit http://onb-law.com/MunL50DhFo6.

 

 

<Video will be embedded here: https://vimeo.com/user92501250/review/502762152/9666962bce>

 

The enhanced Draft Analyzer increases efficiency in output for M&A attorneys at law firms and corporations by reducing the hours spent reviewing drafts and searching for language in similar deals. 85% of beta testers agreed that Draft Analyzer will reduce time spent reviewing and analyzing a merger agreement, and 97% agreed that it will help reduce time spent identifying standard language.

 

In the coming months, the Draft Analyzer enhancements – currently limited to merger agreements – will be expanded to include stock and asset purchase agreements as well.

 

“We know that reviewing, drafting, and negotiating agreements are part of transactional attorneys’ day-to-day practice, and the newest enhancements to Draft Analyzer allow users to save time and effort,” said Joe Breda, president of Bloomberg Law. “Draft Analyzer joins Brief Analyzer and other innovative Bloomberg Law resources that increase efficiency, all on a single platform and for a single price.”

 

About Bloomberg Law

Bloomberg Law helps legal professionals provide world-class counsel with access to actionable legal intelligence in a business context. Bloomberg Law delivers a unique combination of comprehensive primary and secondary source material, real-time news, expert analysis, time-saving practice tools including Practical Guidance, market data, and business intelligence. For more information, visit pro.bloomberglaw.com.

 Today  Bloomberg Law  is  announcing  a new access to justice initiative by offering 90 days of complimentary access to the Bloomberg Law platform though the Paladin platform which helps lawyers identify pro bono opportunities. This is the second access to justice initiative Bloomberg Law has announced since the start of 2021. Last week Bloomberg I  covered the announcement of their new partnership with the Legal Services Corporation to provide free access to Bloomberg Law. Kudos to Bloomberg and Paladin. Equal access to justice depends on equal access to  powerful tools  such as Bloomberg Law which streamline the  research process and track the constantly evolving landscape of federal and state  statutes, regulations, precedents and commentary.

Here is the full press release:

BLOOMBERG LAW TEAMS WITH PALADIN TO PROVIDE 90 DAYS’ COMPLIMENTARY ACCESS TO PRO BONO LAWYERS

 

Arlington, Va. (January 19, 2021) — Bloomberg Law today announced that it is now offering 90 days’ complimentary access to its legal research platform to pro bono lawyers through Paladin, a platform that helps lawyers connect with well-aligned pro bono opportunities more efficiently to help those who need it most.

With access to Bloomberg Law, Paladin’s pro bono attorneys can leverage:

  •  Full coverage of key federal and state legislation, regulations, and agency guidance issued as a result of the pandemic and economic crisis.
  • Practical Guidance, trackers, and chart builders covering various state and federal employment laws and regulations.
  • Litigation and transactional resources – market-leading dockets and AI-powered brief and drafting tools.

“Together, Bloomberg Law’s content and technology perfectly complements Paladin’s ability to seamlessly connect lawyers with pro bono work and worthy clients,” said Alex Butler, Vice President, Analysis & Content, Bloomberg Law. “With a vast array of resources across multiple practice areas, attorneys will be able to quickly access the information they need to support their clients.”

“Especially during such a crucial time of need, providing attorneys real-time access to resources that can help their pro bono clients is crucial to achieving the best outcome. We’re thrilled to be able to provide Bloomberg Law’s content to attorneys in our network,” says Kristen Sonday, Paladin’s Co-Founder and COO.

Paladin users can learn more about Bloomberg Law and request access to the platform at http://onb-law.com/JF3g50CRjxq.

 About Bloomberg Law

Bloomberg Law helps legal professionals provide world-class counsel with access to actionable legal intelligence in a business context. Bloomberg Law delivers a unique combination of comprehensive primary and secondary source material, real-time news, expert analysis, time-saving practice tools including Practical Guidance, market data, and business intelligence. For more information, visit pro.bloomberglaw.com.

 

About Paladin
Paladin is a justice tech company whose mission is to increase access to justice by helping legal teams run more efficient pro bono programs. Paladin works with AmLaw250 law firms, Fortune 500s, and bar associations to increase pro bono engagement, decrease administrative costs, and capture the organization’s impact. Read more at joinpaladin.com.

 

Today LexisNexis is announcing the launch of Lexis+ Litigation Analytics. Litigation Analytics does two things. It integrates analytics into the research and practical guidance  workflow.  Lexis+  now offers “enhanced analytics” from Lex Machina as well as state level analytics derived from CourtLink for the states that Lex Machina does not currently cover.
Karl Harris, C.E.O. of Lex Machina a offered me a demonstration of Lexis + Litigation Analytics.. Harris placed analytics within the context of the new workflow which was introduced with Lexis+.  Lexis+ includes a persistent navigation bar which today adds litigation analytics to the 3 original  pillars of,  Lexis + : workflow: research, practical guidance and brief analysis. The Lexis + home page  is designed around an inviting query “What would you like to research today”  hovering over a large search box.  Analytics are still fairly new to the average  lawyer’s toolkit and I think it is wise to remind lawyers about analytics throughout Lexis+ workflow experience..
Harris explained that the core goals of the Lexis+ enhancement was based on customer feedback which highlighted the importance of   accuracy confidence and efficiency in analytics products. In addition they wanted to  deliver an integrated product experience in what Lexis refers to as the Lexis+ ecosystem.

 Lexis+ Litigation Analytics offers the following types of insights:

  • Judge and court analytics: Contextualize understanding of federal district and state courts and judges.
  • Courts & Judges Comparator Quick Tool: Compare judge behavior and courtroom trends over time in federal district court.
  • Attorney and law firm analytics: Assess the experience of attorneys and law firms in federal district and state courts.
  • Counsel Comparator Quick Tool: Compare law firm and attorney performance based on actual results in federal district court.

Bifurcated Data: Enhanced Analytics and “everything else”

Continue Reading Lexis Adds Lex Machina and CourtLink Analytics to the Lexis+ Ecosystem