In recent years, the legal marketplace has seen an influx of new start-ups and new entrants looking to challenge the long-standing service model offered by law firms to their clients. Traditionally, clients looked to their law firms to provide a full range of legal and legal-related services, i.e., to handle every aspect of a matter, even including those activities that did not involve the direct provision of legal services. Today, by contrast, consumers of legal services find themselves the beneficiaries of a new and growing number of nontraditional service providers that are changing the way legal work is getting done.
These alternative providers comprise a new sector of the legal market, one that is emerging and evolving rapidly, but is still very much in its infancy.
How confident is your law firm in its document review process? Learn more about cost-effective and defensible document review and the benefits of partnering with a managed review provider instead of contract attorneys.
According to a recent study of Alternative Legal Service Providers (ALSPs), the use of ALSPs such as managed review providers for doc review is expected to grow by more than 50% in the next five years. The top reasons cited for using such providers aligned with the benefits listed here: to control costs and meet peak demand without increasing permanent headcount.
Law firms are – or should be – rethinking the way they approach the delivery of legal services and leveraging service providers to achieve the efficiency their clients are demanding. According to the Alternative Legal Service Study, 51% of law firms report using an Alternative Legal Service Provider (ALSP) such as a managed review provider for at least one type of service today. And the use among law firms is set to grow dramatically in the next five years.
Documents reviewed for production are the facts that underlay all claims and defenses – and they matter. But with volumes and costs exploding, it’s harder than ever to find the needle in the haystack. Join litigation experts from Thomson Reuters as they show you how to design a document review with an eye toward fact-finding, case analysis, and litigation strategy.
Attendees should have a basic understanding of document review and production practices and terminology. In this complimentary webinar, you will learn more about:
How to design a strategic review protocol
Optimizing process to increase communication
Knowledge sharing between the review and the law firm teams
Next steps once production is complete
This is Part I of a multi-part webinar series on leveraging document review to maximize litigation strateg
Dr. Ron Goetzel of Emory and Thomson Reuters discusses the rising health and productivity-related expenditures that employers face, the top 10 most costly chronic conditions, and the role obesity plays in creating these conditions.
This white paper, based on a webinar presented by Dr. Ron Goetzel of Emory University and Thomson Reuters, discusses the cost of health and productivity-related expenditures that employers face, the role obesity plays in creating or exacerbating these conditions, and employer strategies for how to offer the best support for obese and overweight employees.
Most tax departments spend 80 percent of their time collecting and manually inputting data and 20 percent reviewing it. Using tax technology, you can flip those proportions and transform how you gather, use, store and reuse data across your global tax processes.
This step-by-step guide discusses how technology can convert each challenge in your tax lifecycle to an opportunity for your success. Download today!
Emerging tax legislation and regulatory changes have proven a challenge to tax departments over the past couple years. How can your tax department come out on top?
Explore what’s driving the game-changing shifts within direct tax and how a tax technology strategy enables exceptional tax management, propelling both your department and organization forward. Download the free white paper today.
“How much do we owe?” seems like a question that should have a straightforward answer, but for corporate tax professionals, an extensive amount of work can go into that one figure.
Download this white paper to learn how best-in-class companies are striving to automate data-entry wherever they can to reduce both cost and risk while improving the speed at which information can be accessed.
In a time when consumers are in control of their content consumption, marketers need to integrate permission-based initiatives into their strategies. Learn how marketers are delivering original content through webinar programs to drive lead generation and customer relationship management.
Although AI and big data have delivered advances in technology these past years which make remediation more manageable and more efficient, it’s important ensure that the solution you select, meets your particular requirements, addresses and meets your needs. Some jurisdictions require technology dealing with certain types of data to be hosted on-site; data hosting, exchange, protection and privacy can all affect the choice of solution or vendor. It’s common for companies to call out these specifics in their RFPs. Other considerations include the level of precision and recall (e.g., the accuracy) required to meet project needs, the setup time for a system, its implementation and the ability to support globally dispersed team members.
Many seasoned attorneys will agree that remediating an enormous amount of documentation to ensure regulatory compliance is no easy feat. The volume of repapering necessary for compliance with the new rules governing margin requirements for non-centrally cleared derivatives (UMR) presented new challenges, exposed structural weaknesses, and provided many lessons learned which can be applied to any documentation remediation effort. Many UMR initiatives suffered significant hurdles that contributed to delays and missed deadlines. Common among the various challenges faced were the dearth of talent in the quantities needed, and the limited technology and data management solutions utilized.
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.