Today, LexisNexis’ CounselLink will be releasing new data which highlights hourly billing rate discrepancies based on gender and ethnicity. The data comes from more than 20,000 attorney profiles in CounselLink  and analyses hourly billing rates on invoices billed between January 2020 and September 2021. I

I had a call with Kris Satkunis, Director of Strategic Consulting at CounselLink. Satkunis described how law firm billing rates are “a proxy for how much the firm values the attorney’s work or skills” and this obviously has a significant impact  on attorney compensation. An examination of the data indicated that  billing rates are generally the same across gender and ethnic groups at the lowest billing rate levels but then begin to diverge at higher levels. Satkunis concludes that “ethnicity is clearly a factor, with Asian billings rates coming in higher than all other groups and Hispanic/LatinX coming in at the lowest.”

Program Today The data will be discussed at a program sponsored by the Buying Legal Counsel at 11 am EST today. Register at this link.

Here are some sample key findings:
Continue Reading LexisNexis CounselLink Data Reveals Law Firm Billing Rate Discrepancies Across Gender and Ethnic Groups

Today, Law360 Pulse  released its new Social Impact Leaders ranking. The new scorecard evaluates law firms on four key indicators of “socially responsible business practices:” racial and ethnic diversity, gender equality, employee engagement and
pro bono service. Ever since The American Lawyer started ranking law firms in 1985 – “profits per partner” has  remained the dominant metric of law firm  success. If rankings drive change – the Social Impact Leaders report could prove to be an important lever of transformation.
The “How Does Your Firm Measure Up” and “Sizing Up Firms’ Pro Bono Work”  reports are publicly available on the Law360 Pulse website.
Key highlights:
  • Covington & Burling, Orrick, WilmerHale, Morrison & Foerster, and Arnold & Porter are the top 5 firms on the Social Impact


Continue Reading Law360 Pulse Ranks Law Firms on Social Impact Leadership

Today Fastcase and Matterhorn Transactions are announcing an alliance that will make M&A deal data and analytics available in Fastcase’s legal news platform. Law Street Media.  The deal terms and data will be added to its existing litigation-focused coverage of technology, agriculture, and health law.

According to the press release: “Matterhorn proprietary data analysis provides legal professionals with unparalleled capabilities to search for and compare the market terms of mergers and acquisitions, capital markets, and other transactions. The company provides transactional attorneys both

consolidated information on market terms as well as detailed legal language used for specific deal provisions, based on underlying legal agreements and financial disclosures. Matterhorn enables its clients to know precisely the frequency, form, and language of transaction terms and provisions by tying each deal term to the actual documentation.”

It is axiomatic that lawyers  and law firms are hungry for data and analysis- so this is a smart alliance. I am not personally familiar with the Matterhorn product. But the description above sounds similar to the content available in Lexis Intelligize, Thomson Reuters “Westlaw Business” (formerly GSI) and Bloomberg Law. I have no doubt some brilliant research librarian will undertake an analysis of each platform to tease apart the unique and common content and features across these platforms.

The integration of analytics with news has been a growing trend for  the past two years. In addition to Fastcase— American Lawyer Media, Lexis Law360 and Bloomberg have all been pushing data into their news offerings.

Growth without Greed I am an agnostic on how these products compare at this point. Everyone is welcome to the join the analytics party – legal consumers win as the quality and scope of products expand.  But  I  do have to cheer  for the addition of sophisticated M&A data to products available through Fastcase – which has taken a unique “growth without greed” approach to transforming the legal
Continue Reading Matterhorn Deal Data Available In Fastcase Law Street Media News Platform

Lexis+ Judicial Brief Analysis was initially conceived as a tool for judges and their clerks.  The Lexis product developers soon realized  that lawyers on opposing sides also need to be able to analyze multiple briefs to identify conflicting or omitted authorities. The specific functions, features and reports in Judicial Brief Analysis were derived from workflow mapping exercises and interviews with over 100 attorneys.

Lexis+ Judicial Brief Analysis provides the standard brief checking efficiencies (checking the validity of authorities and identifying omitted authorities). But there is an obvious benefit to be able to simultaneously analyze and review multiple documents. Getting a quick overview of   authorities cited by each party, by both parties as well as identifying president identified by neither party.

New ‘Judicial Brief Analysis’ from LexisNexis Allows Lawyers to Compare Up to Six Briefs at Once

How it works – an attorney or judge’s clerk can upload up to 6 documents – 3 plaintiff and 3 defendant briefs. A Judicial Brief Analysis
Continue Reading The brief analysis wars continue. Lexis+ Judicial Brief Analysis Launched Today

Today law 360 pulse released the second part of  their  Summer Associate Survey. The survey ‘s reported goal is to explore the  ongoing impact of the pandemic  as the second class of pandemic summer associates waves goodbye.
The survey was conducted from June 29 to August 9, 2021 and responses were received from 751 individuals. Although the survey was anonymous responders were required to identify their law firm. The report does not indicate how many firms were represented, but  30 firms we’re identified as “at the Vanguard” in  four critical areas of: confidence building,  networking and mentorship, adaptability of


Continue Reading Summer Fun Ain’t What It Used To Be – Law 360 Pulse Releases Summer Associate Survey Part 2

The 2007 recession was sort of a “cattle prod” which shocked law firms into acknowledging that  clients won’t pay for inefficiency. Legal publishers responded with a variety of “know how” or KM tools  which have created  a highly competitive niche in legal publishing. Every major legal publisher LexisNexis ,Thompson Reuters, Bloomberg Law, and Wolters Kluwer have been focused on gaining market share by growing their practice guidance and drafting tools.
This week FEIT Consulting is releasing a study :”Findings from the LexisNexis Practical Guidance/Thomson Reuters Practical Law Focus Group Inquiry” which summarizes the results of four focus groups which pitted Thompson Reuters Practical Law against Lexis Practical Guidance (previously branded as Practice Advisor.)
The basic question : “Is Lexis practice guidance ready for prime time?”  appears to have been answered in the affirmative.
Well the librarians are a hardened and skeptical lot and will want to test, poke, probe and conduct their own internal focus groups before


Continue Reading Feit Consulting: Is Lexis Practical Guidance Ready for Prime Time?

LexisNexis has announced the launch of  Legal News Hub, the latest enhancement to the Lexis+ ecosystem.  Although Lexis has enjoyed a dominant position in the legal news market, they have faced increasing competition in the past year with the  launch of significant new legal news initiatives from Thomson Reuters. Fastcase and ALM.

The Lexis Legal News Hub will now appear as a new module on the Lexis+ “experience dock. ” The Legal News Hub adds Law 360 current awareness functionality to Lexis+. This means that lawyers can get access to Law 360 content as part of an integrated research experience on Lexis+. Law 360 now covers
Continue Reading Lexis+ Legal News Hub Integrates Law360 Content into Research Ecosystem

The 2020-21 Dewey B Strategic What’s Hot and What’s Not Survey  included a series of questions related to the COVID-19 Crisis.

COVID Resources Every legal  publisher launched some kind of COVID related legal resource. Many of these resources were made publicly available outside the paywall. These products included toolkits, trackers,  practical guidance, advisories, checklists, legislative

Legal News One of the most surprising developments of 2020 was the new focus on Legal News. ALM launched an innovative new alerting services called Law.com Radar which originally launched as (Legal Radar). Here are links to the posts I wrote about  Law.com radar in February and November 2020. Westlaw although owned by the Thomson Reuters news organization had ignored the legal news market they launched Westlaw Today in 2020.  (The predecessor company West Publishing had made short lived attempt  with a product called Westlaw News sometime in the 1980s.) Fastcase which bought Law Street Media began publishing legal news which leveraged data harvested from their Docket Alarm analytics product. ( A new Lexis News offering Law360 Pulse which launched  in January 2021 was not included in this survey but will be included in the 2021 survey.)

Best Legal News Product: ALM’s Law.com Radar

Legal Marketplaces It has become nearly impossible to test and track all the new legal technology tools that flood the market each year. In addition, existing tools are transformed with powerful new functionality. Enter the legal marketplace – a new category of legal resource
Continue Reading What’s Hot and What’s Not 2020-21 Survey: ALM Law.com Radar Voted Best Legal News Product and Thomson Reuters Legal Home Best Marketplace

The results of the Dewey B Strategic 2020-2021  Hits and Misses Survey are in. Thanks to everyone who took the time to participate in the survey.

The demographics. The survey was conducted  from February 16th through March 1st 2021. There were 101 respondents. The respondents described their professional positions as follows: 81% librarians/knowledge managers), 11% law firm management, 5% IT professionals, 3% practicing attorneys, 1% data scientists.

As usual I have asked readers to identify the best new products in several categories including news, analytics, workflow. Readers also provided the names of products they plan to cancel or acquire. I could not ignore the defining issue of 2020 – so I asked a series of questions about the performance of legal publishers in response to COVID.

What was the most significant development in legal technology/publishing?

I love and respect my readers but I don’t always agree with them. I have to admit I was truly shocked that readers selected the  shuttering of Ross Intelligence the most significant development of 2020. Here’s why— frankly I only know a handful of firms that had purchased
Continue Reading The Results Are In: Dewey B Strategic What’s Hot and What’s Not Part 1: Westlaw Edge vs Lexis+ vs. Law Firm Budgets