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New Product Revokes Sent Emails
April 13, 2014
Law firm emails to clients may not be encrypted and recipients may forward your communication to others who were not the intended recipients of the original message. A new product launched this year by the Virtru Corp., called Virtru, is catering to keeping these communications secure from the National Security Agency and others. Besides encrypting messages, Virtru allows customers to revoke a sensitive email at any time and track where and to whom a message is forwarded. The sender can also...
April 13, 2014
Law firm emails to clients may not be encrypted and recipients may forward your communication to others who were not the intended recipients of the original message. A new product launched this year by the Virtru Corp., called Virtru, is catering to keeping these communications secure from the National Security Agency and others. Besides encrypting messages, Virtru allows customers to revoke a sensitive email at any time and track where and to whom a message is forwarded. The sender can also...
Can Small Firms Compete with BigLaw for a Fraction of the Cost? Yes, If You Save on Tech, Solos Say
April 12, 2014
Michael Lewis’s influential book Moneyball: The Art of Winning an Unfair Game has spawned a hit movie and launched a statistical revolution that has forever changed the way people analyze sports. Before that, however, it was a blueprint for the financially disadvantaged Oakland Athletics to compete with their rich counterparts. By utilizing many of the same techniques the Athletics did, lawyers from small firms and even solo practices can get similar results as their big-budget rivals at a fraction...
April 12, 2014
Michael Lewis’s influential book Moneyball: The Art of Winning an Unfair Game has spawned a hit movie and launched a statistical revolution that has forever changed the way people analyze sports. Before that, however, it was a blueprint for the financially disadvantaged Oakland Athletics to compete with their rich counterparts. By utilizing many of the same techniques the Athletics did, lawyers from small firms and even solo practices can get similar results as their big-budget rivals at a fraction...
Law Bloggers Sum Up Their Time Spent Offline and Face-to-Face at Techshow
April 12, 2014
As usual, legal bloggers attended and presented at ABA Techshow in force—and often, they shared key information and their own thoughts online after all was said and done. For the fifth year, LexThink.1—which gathers speakers for six-minute presentations around a central law practice theme—took place on the eve of Techshow. MyCase blogger Nikki Black noted the presentations she felt stood out. Among them was one from Scott Malouf, a Massachusetts litigator and e-discovery consultant....
April 12, 2014
As usual, legal bloggers attended and presented at ABA Techshow in force—and often, they shared key information and their own thoughts online after all was said and done. For the fifth year, LexThink.1—which gathers speakers for six-minute presentations around a central law practice theme—took place on the eve of Techshow. MyCase blogger Nikki Black noted the presentations she felt stood out. Among them was one from Scott Malouf, a Massachusetts litigator and e-discovery consultant....
Glass Becomes Public for $399
April 12, 2014
Here you go Glass fans! According to this site, Google Glass is coming to the public, priced at $399 for a 16GB model and $499 for a 32GB model. The post quotes Google saying: We’re excited to announce that Project Glass is finally ready to hit the streets. Starting this summer, you’ll be able to purchase Google Glass at a Best Buy retail store near you for $399.
April 12, 2014
Here you go Glass fans! According to this site, Google Glass is coming to the public, priced at $399 for a 16GB model and $499 for a 32GB model. The post quotes Google saying: We’re excited to announce that Project Glass is finally ready to hit the streets. Starting this summer, you’ll be able to purchase Google Glass at a Best Buy retail store near you for $399.
New Platform to Manage Alternative Fee Arrangements
April 12, 2014
Corporate legal departments can analyse alternative fee arrangements (AFAs) with the launch of a new platform. TyMetrix 360 has announced a range of new additions to its platform which will give legal departments greater control and flexibility around the management and enforcement of alternative fee arrangements. Contingency, flat, capped and fixed fees all fall under this heading as does blended hourly rates, volume discount, matter based hourly rates and hybrid models.
April 12, 2014
Corporate legal departments can analyse alternative fee arrangements (AFAs) with the launch of a new platform. TyMetrix 360 has announced a range of new additions to its platform which will give legal departments greater control and flexibility around the management and enforcement of alternative fee arrangements. Contingency, flat, capped and fixed fees all fall under this heading as does blended hourly rates, volume discount, matter based hourly rates and hybrid models.
Top Ten Takeaways from ABA TECHSHOW 2014
April 12, 2014
TECHSHOW Week is always great fun. This was my 16th year in attendance and my 10th as part of the faculty. Despite being...
April 12, 2014
TECHSHOW Week is always great fun. This was my 16th year in attendance and my 10th as part of the faculty. Despite being...
Delaware Bankruptcy Court Approves Electronic Balloting Procedures
April 11, 2014
For the first time in Chapter 11 history, the U.S. Bankruptcy Court for the District of Delaware has approved electronic balloting procedures in Pitt Penn Holding Company Inc. According to a release on Cole, Schotz, Meisel, Forman & Leonard’s website, the firm joined hands with claims and noticing agent UpShot Services to devise the industry’s first such technique using UpShot’s SmartSign. The technology allows creditors to vote instantaneously online rather than via the traditional...
April 11, 2014
For the first time in Chapter 11 history, the U.S. Bankruptcy Court for the District of Delaware has approved electronic balloting procedures in Pitt Penn Holding Company Inc. According to a release on Cole, Schotz, Meisel, Forman & Leonard’s website, the firm joined hands with claims and noticing agent UpShot Services to devise the industry’s first such technique using UpShot’s SmartSign. The technology allows creditors to vote instantaneously online rather than via the traditional...
Unbundling Outside Counsel Transactional Legal Services
April 11, 2014
The relationship between big law firms and corporate legal departments is changing. Today, there are simply more choices...
April 11, 2014
The relationship between big law firms and corporate legal departments is changing. Today, there are simply more choices...
Understanding the Economic Value of Trade Secrets
April 11, 2014
The economic value of trade secrets, like other forms of intellectual property (IP), lies in the proprietary competitive advantage gained from use coupled with the exclusion of others from such use. But unlike the right to exclude others from using a patent for a limited period of time, which arises from a government granted monopoly tied to disclosure, the right to exclude others from the use of a trade secret arises from limited disclosure and reasonable efforts to maintain secrecy. This article...
April 11, 2014
The economic value of trade secrets, like other forms of intellectual property (IP), lies in the proprietary competitive advantage gained from use coupled with the exclusion of others from such use. But unlike the right to exclude others from using a patent for a limited period of time, which arises from a government granted monopoly tied to disclosure, the right to exclude others from the use of a trade secret arises from limited disclosure and reasonable efforts to maintain secrecy. This article...
Technology Leveling the Field for Outside Firms
April 10, 2014
XOS Digital Inc.’s general counsel and executive vice president Stephen Kaplan recently spoke with Colin O’Keefe of LXBN about how small firms can use technology to compete with their larger competitors for the coveted in-house clients and just what he’s looking for as general counsel. * * * When asked whether he’s shopping for a firm or individual lawyers when looking for outside counsel, Kaplan explained it’s both. For large-scale transactions or litigations that will affect the life...
April 10, 2014
XOS Digital Inc.’s general counsel and executive vice president Stephen Kaplan recently spoke with Colin O’Keefe of LXBN about how small firms can use technology to compete with their larger competitors for the coveted in-house clients and just what he’s looking for as general counsel. * * * When asked whether he’s shopping for a firm or individual lawyers when looking for outside counsel, Kaplan explained it’s both. For large-scale transactions or litigations that will affect the life...
