Taking a page from procurement to curb outside counsel spend

Buying legal services isn’t so different from other transactions that it can’t be done strategically, a legal operations consultant says.

By Robert Freedman • July 26, 2024

How GCs can use data to demonstrate their teams’ value

Understanding your legal staff’s work patterns at a more detailed level can offer insights that help change perceptions of legal as purely a cost center.

By Justin Bachman • July 17, 2024

Slowing a rise in costs is enough for this legal chief

The head of a big in-house legal team is waiting to see if his investment in technology and operations staff will give him the results he’s looking for.

By Robert Freedman • July 17, 2024

Cyber insurance prices fall amid rising competition: report

The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.

By Alexei Alexis • July 2, 2024

AI software use growing among in-house legal departments: report

Artificial intelligence remains a small newcomer in the legal tech toolbox but ‘dramatic growth’ is forecast, according to an in-house counsel survey.

By Justin Bachman • June 27, 2024

Don’t call your business colleagues ‘clients,’ GC says

Doing so reinforces the idea that in-house legal isn’t part of the team, says a veteran corporate counsel.

By Robert Freedman • June 17, 2024

As GCs focus on risk, legal operations grow in importance

A dedicated legal ops role is seen as integral to freeing up the energy of in-house legal leaders, a report indicates.

By Robert Freedman • June 5, 2024

In-house legal conferences for the second half of 2024

Legal Dive’s list of conferences can help corporate counsel learn where to go for the latest on technology, operations and the law. 

By Robert Freedman • June 4, 2024

Managing risk by framing it as a business problem

Counsel hurt themselves by trying to get executives to pay attention solely to legal concerns, says an in-house specialist. 

By Robert Freedman • June 3, 2024

Company touts remnant assets as a cash generator for GCs

Older, larger companies with lots of M&A behind them tend to have an extensive portfolio of assets lying dormant that are ripe for monetization, executives at an asset buyer say.

By Robert Freedman • May 28, 2024

Taking the pulse on the IPO landscape: Part 2

Revisiting a conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

May 6, 2024

Taking the pulse on the IPO landscape: Part 1

A conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

April 29, 2024

Top 10 pet peeves for in-house litigation counsel

Budget surprises, a failure to communicate at inflection points and vague billing entries are among the outside counsel practices that make life hard for in-house litigation counsel.   

By Joshua Stein • April 19, 2024

How companies use in-house legal to boost business

Liberty Mutual and Wayfair have leveraged investments by their legal departments to help the company attract and keep more customers. 

By Robert Freedman • April 11, 2024

Latitude Legal hires Alex Su to help fuel growth

The flexible talent provider is hoping the well-known legal professional can raise awareness about the company’s offerings for legal departments and law firms.

By Lyle Moran • April 2, 2024

How general counsel are keeping core legal work in-house

Technology and alternative legal service providers can help, but it’s also important to hand off low-level work to other functional areas within the organization, say legal leaders.

By Robert Freedman • April 1, 2024

How general counsel can create an integrity mindset in the executive team

Success makes business leaders more susceptible to rationalizations, so the key is to make ethics top of mind before a compromising situation occurs, a legal leader says.

By Robert Freedman • March 18, 2024

Alternative legal services provider Proxiio launches US operations

The company headquartered in India specializes in managed review, litigation and investigation services, including e-discovery and compliance management.

By Lyle Moran • March 13, 2024

Legal professionals desire more expertise about GenAI, survey finds

A majority of surveyed in-house and law firm professionals also expressed interest in using generative AI to gain better insights from data, Consilio reported.

By Lyle Moran • March 12, 2024

Wolters Kluwer releases AI-powered contract querying tool

The company said its AI upgrades in Legisway will also integrate into the recently launched legal services portal.

By Lyle Moran • March 11, 2024

LegalOn Technologies releases contract editing tool featuring GPT

The software will assist in-house legal professionals with quickly reviewing various types of contracts and will enable them to collaborate with colleagues, the company said.

By Lyle Moran • March 1, 2024

Why a general counsel must serve as a business partner

How the GC performs when the proverbial door closes and the executive team has to engage in candid and sometimes fraught conversations about critical issues is pivotal.

By Michael Sachs and Joanna Herman • Feb. 23, 2024

Legal teams advised to deploy GenAI in ways that benefit the business

Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.

By Lyle Moran • Feb. 21, 2024

Leading general counsel team up to support generative AI adoption

A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.

By Lyle Moran • Feb. 16, 2024

Law firms raised rates 6.5% to close 2023, report finds

Outside counsel also reduced their growth in expenses, which helped firms achieve profitability last year, according to Thomson Reuters.

By Lyle Moran • Feb. 12, 2024