If you missed my 2-part series from #ILTACON18, here's Part II on which traditional law firm roles can drive innovation. #newlaw #innovation www.linkedin.com/pulse/new-roles-law-firm...
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And I just wrote on this one also after #ILTACON18–attys need to focus on bringing other folks in their firms into their work to drive better client value. www.legalexecutiveinstitute.com/iltacon-2018-emerging-ro... #ARKinnovation #newlaw
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Why didn’t I grab a selfie with @JosephPatrice & @kevinokeefe when I had the chance today?? 😩#ILTACON18 #ILTAregrets
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After days & nights at #ILTACON18 of excessive caffeine, steak, & alcohol (including a few dry-ice-smoking “lemondrops” last night), really grateful for a healthy Lime After Lime salad at @beefsteak! #ILTACON18 #detox
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#AaronCrews of @Littler: always lead any innovation idea you’re selling others on with 1 idea: “here’s the path to monetization”. #ILTACON18 #innovation
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Chief Innovation Officer of @KattenLaw: attorneys are starting to get behind change, but they’re still attorneys & they’re still cynics. If an atty is willing to talk & has thoughts, jump on that & work with them. #ILTACON18 #innovation
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#Martha Mazzone DVP/COO of @Fidelity: I’m not a big believer in incrementalism. Trying to keep everyone happy w/smaller changes can really just impede strategic growth & change. #ILTACON18 #Innovation
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#Martha Mazzone, SVP/COO of @Fidelity says you need #grit & perseverance (& persuasiveness with attys) to make changes happen. #ILTACON18 #GRIT
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.#Aaron Crews @KattenLaw Chief Data Analytics Officer: Law is driven by data- evidence, visualizations or predictive data. Today data allows attys to rapidly & better understand, synthesize & convey information to judges/juries, mediators & clients. #ILTACON18 #Innovation
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#MarthaMazzone SVP & COO of @Fidelity: most impt thing to remember is innovation is never about me. It requires working with an extended team of people who know way more than me. #ILTACON18 #Innovation
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.@BlankRomeLLP CIO: when thinking about implementing innovation across our firm I think about roles needed to ensure those innovations continue-folks who can do the analytics, data science, process & optimization to drive value for internal & external clts #ILTACON18 #innovation
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Something you don’t hear much (ever??): the legal industry is ahead of other businesses with use of data, predictive coding, & machine learning. Risk & compliance is just starting this path. #ILTACON18 #ai
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#Andrew Sprogis, Chief Innovation Officer At @KattenLaw: call my role whatever you want-“innovation”, a resource for modernization and change or whatever; basically, I take ideas and make them happen. #ILTACON18 #innovation
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#AaronCrews, Chief Data Analytics Officer At @Littler: when you go in-house you realize there’s no legal problems, just business problems that require lawyers. #ILTACON18 #newlaw
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ILTACON 2018 - how the press became the story and looking to the future https://wp.me/p2KJ5-50b #IlTACON18
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Every practice group has representation on @DLA_Piper’s innovation review board looking at new technological, process improvements #ILTACON18 #analytics
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.@DLA_Piper conducts client satisfaction surveys both post-matter and post-pitch (to see why the firm did or didn’t win an RFP) #analytics #ILTACON18
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.@DLA_Piper conducts leverage analysis for teams to help them understand specific timekeepers to use on a matter or how to explain to clients ramifications of demand for specific work done by specific attys on a matter. #analytics #ILTACON18
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.@DLA_Piper created historic pricing database to give partners an idea of what similar matters cost in past & give them ideas of how to bid new work out. #ILTACON18 #analytics
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Every year @DLA_Piper’s corporate group analyzes their M&A deals and give insights on that data for their clients to see trends. #ILTACON18 #analytics
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.@DLA_Piper created a partner dashboard (updated nightly) that is basis for LPM folks to help partners have better business convos with clients, deliver better value, & understand leverage & profitability in each matter #ILTACON18 #analytics
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.@qlik now wants to track timing of transactional deals, amount of time spent handling specific terms or clauses, where changes are most often requested, etc. #ILTACON18 #analytics
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.@Katchman67 says their dashboards are based on data from @Legal_Tracker to forecast budget better, track vendors’ diversity stats better (hint law firms-including you!), and forecast staffing needed better. #ILTACON18 #analytics
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.@qlik Director/Sr Legal Counsel @Katchman67 says they track outside counsel’s billing spend but more of their analytics analytics focus on in-house dept’s utilization by rest of the company & informing business owners of that. #ILTACON18 #analytics
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If instead of billable hours being the metric for outside counsel performance but instead it’s something client-driven around the value they’ve received, how could that affect attorney compensation in law firms?? #ILTACON18 #metrics
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Last year around this time I wrote on the initial results from @AdvanceLaw’s Thought Leaders Experiment. www.legalexecutiveinstitute.com/advancelaw-gc-thought-le... #metrics #ILTACON18
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I figured you couldn’t get too far into a convo on analytics GCs are using to measure outside counsel without reference to @AdvanceLaw’s Thought Leaders Experiment. #ILTACON18 #metrics
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#PaulNicandri, Chief Service Delivery Officer of @DLA_Piper: we try to prep our partners to have meaningful conversations with clients around billing & value, something they don’t always gravitate to or feel prepared for. #ILTACON18 #newlaw
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Monica, the fromaggier at @oldhickorysteak, says cheese monger is also a proper term for her role but she prefers cheese wizard. Behold the @oldhickorysteak cheese cave (which disappointingly is not in a crypt). #ILTACON18 #allthecheese
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