How Engaging Flexible Legal Talent Can Help Legal Departments Navigate Economic Uncertainty

As the economy rebounds from the Covid-19 induced recession, law departments face a difficult challenge. In many instances, workflow in law departments has spiked to above pre-pandemic levels, but most law departments are unable to make permanent hires and remain under the budget pressure that existed during the pandemic. As a result, law departments are working harder than ever to keep up, with burnout and attrition as a common consequence.

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3 Myths about Outside Counsel Billing

When it comes to the law, we work in an aspirational space. We work with bright, talented, and motivated people who are known for being the best in their practice area. These talented folks are intellectual, uber-thinkers who get results. However, because of their great work, our expectations of them are dangerously high and border on demands of perfectionism. Pragmatically, it is impossible to do everything, all the time, and to do it well.

Filed under: legal spend

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Using Dashboards to Tell a Compelling Story About Your Data

The legal industry is a little late to the data game. It’s just now starting to appreciate the benefits of data analytics to guide business decisions. While other industries have spent the past several years mining their data for intelligence, the legal industry’s slow adoption rate has made it a gold mine for those seeking to enter the business intelligence and analytics space.

Filed under: legal spend

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3 Ways to Maximize the Impact of Your Legal Invoice Review Process in 2021

After a wild ride through COVID-19, economic uncertainty, and political turmoil during 2020, legal departments are gearing up to enter an altered landscape in 2021. With firms making sweeping changes and law departments responding to the shifting needs of their clients, finding efficiency, and simplicity in day-to-day processes is critical.

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Epiq Advice provides recommendations for best practices, new technology, and practical tips for the legal industry from our subject matter experts.

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