https://www.dv8ls.com/blog daily 0.75 2024-10-17 https://www.dv8ls.com/blog/the-end-is-nigh monthly 0.5 2024-10-16 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1729095209618-K1FRSZ7UOSHL9E086DX1/unsplash-image-0jINDFb-08A.jpg DV8 Blog - The End Is Nigh—Or Is It? Experts Debate Law Firm Rate Hikes, AI's Impact and Adaptability - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.dv8ls.com/blog/building-your-legal-practices-ai-future-the-data-and-other-key-considerations monthly 0.5 2024-10-16 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1725914934449-W0RTIZSEQSCJH3093G99/DV8+GEN+AI+Data+Management DV8 Blog - Building your legal practice’s AI future: The data and other key considerations It is coming - and it’s more a matter of which law firms and corporate law departments will make sound business decisions and strategic choices around their Gen AI programs. Those that do will possess tremendous advantages against their peers in the market, and they will reap the rewards for that. https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1725914644882-G032CD8B42N93LE8XQXT/DV8+AI+Legal+Data+Management DV8 Blog - Building your legal practice’s AI future: The data and other key considerations - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.dv8ls.com/blog/understanding-the-actual-tech monthly 0.5 2024-08-28 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724597233528-FI4K94RA7VSQAQ6G177B/DV8_Earth_Night_Global_Network DV8 Blog - Building Your Legal Practice’s AI Future: Understanding the actual technologies One of the key roles for any successful AI deployment team will necessarily be a tech role — someone who understands the abilities of the technology and is willing to be the go-to source to determine which technologies are available to meet which identified needs of the firm. https://www.dv8ls.com/blog/beginning-with-strategy-and-people monthly 0.5 2024-08-28 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724597916042-J0YL9VFSDO4GD1XWRI3F/DV8_IT_AI_Legal_Teamwork DV8 Blog - Building Your Legal Practice’s AI Future: Beginning with Strategy and People</span> - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.dv8ls.com/blog/exploring-the-subscription-based-legal-services-model monthly 0.5 2024-08-28 https://www.dv8ls.com/blog/profitability-in-law-firms monthly 0.5 2024-08-28 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724598094770-I0MXUSZLA0PI8EABYCFS/DV8_Great_Library_Profitability_in_Law_Firms DV8 Blog - Profitability in Law Firms: Insight and Analysis Profitability – on the face of it – should be simple enough to determine. But once you start to lift the lid, there is much more than meets the eye. Profitability in Law Firms: Insight and Analysis provides practical and proven strategies for law firm leaders and managers who want to take their firms to the next level of performance and profitability. How can they increase their profitability and efficiency without compromising their quality and reputation? How can they leverage the power of technology, data, and innovation to create value for their clients and themselves? Law firms are facing unprecedented challenges in the current financial climate and therefore need profitability strategies to survive and thrive in a competitive and changing market. https://www.dv8ls.com/blog/ai-pocalypse monthly 0.5 2024-08-28 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724612425132-JIFRN3WHXZNA498M312Y/unsplash-image-Skf7HxARcoc.jpg DV8 Blog - AI-Pocalypse - bottom lines https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724612230145-21TJBD8SLXCKO1RG90DD/DV8_Digital_Fingerprint_AI_in_Legal_Firms DV8 Blog - AI-Pocalypse Generative AI will disproportionately impact non-partner hours. https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724612473814-HEHQ4IH1NNRZIRZ537R5/unsplash-image-n6B49lTx7NM.jpg DV8 Blog - AI-Pocalypse Magic does not exist. Faster is not always better. More [or less] work does not equal greater profit. Know what you’re buying and where you’re deploying it and how it will affect your businesses bottom line before pulling the trigger on that shiny new Generative AI tool that promises to do everything you want and more. https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/9b128976-0450-4be1-bfbf-186e88582930/Table-03.png DV8 Blog - AI-Pocalypse - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.dv8ls.com/blog/measuring-against-nothing monthly 0.5 2024-08-28 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724611384470-2M48TSUXVKUEF0Y6RDCY/unsplash-image-FXFz-sW0uwo.jpg DV8 Blog - Measuring Against Nothing - it’s not in the data To better describe the current situation and the importance of these insights, consider the following axiom I’ve been hearing for years: “It’s in the data.” We have presumed that law firms are sitting on piles of useful data, and they merely need to analyze that data to discover ‘truths.’ https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1724589456930-RQY8HQU7MVYQGQ48IUVN/unsplash-image-fIq0tET6llw.jpg DV8 Blog - Measuring Against Nothing - a bonus epiphany LPM is a collaborative process. To successfully deliver value, in-house lawyers and law firm lawyers must enhance their LPM skills and collaborate together. A collaborative LPM process might look something like this: A law firm partner leverages her LPM skills and firm resources to develop a proposed SOW for the matter. The partner then schedules a meeting with the client lawyers and operations people to review the proposed SOW. The client team shares input and suggestions. The partner accepts the changes, as appropriate, and then returns an updated SOW, including any adjustments to the budget. Finally, the two parties sign off on the budget and SOW. Now the partner finalizes a work plan with her team to execute on the SOW. This plan is also shared with the client lawyers, so they know what to expect and when. Work then begins with the outside counsel performing tasks. Best practice dictates that the two sides are meeting and communicating regularly, so the client is aware of the status and efforts being made and how they are aligned with the plan and timeline. Invariably, scope changes occur. But with this new collaborative process, these changes are obvious when they occur because scope is widely known and understood by all parties who are communicating regularly. Most importantly, client lawyers make decisions about whether they agree to scope changes (and how much they’ll pay) before additional work is performed and fees incurred.[3] This pragmatic, collaborative approach is much better for the project and the relationship. Instead of tension and friction, firm lawyers and client lawyers engage in upfront communication using a proactive approach before a significant deviation in price occurs. https://www.dv8ls.com/blog/rolling-out-lpm-software-at-akin-gump monthly 0.5 2024-08-28 https://www.dv8ls.com/blog/tag/AI+in+Law+Firms monthly 0.5 https://www.dv8ls.com/blog/tag/Fixed+Fees monthly 0.5 https://www.dv8ls.com/blog/tag/Change+Management+in+Law+Firms monthly 0.5 https://www.dv8ls.com/blog/tag/Organizational+Development monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Technology monthly 0.5 https://www.dv8ls.com/blog/tag/Leverage+Models monthly 0.5 https://www.dv8ls.com/blog/tag/Toby+Brown monthly 0.5 https://www.dv8ls.com/blog/tag/Subscription+Legal+Models monthly 0.5 https://www.dv8ls.com/blog/tag/Scope+Management monthly 0.5 https://www.dv8ls.com/blog/tag/Tech+in+Law+Firms monthly 0.5 https://www.dv8ls.com/blog/tag/Efficiency+in+Law+Firms monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Industry+Best+Practices monthly 0.5 https://www.dv8ls.com/blog/tag/Alternative+Fee+Arrangements monthly 0.5 https://www.dv8ls.com/blog/tag/Predictable+Legal+Costs monthly 0.5 https://www.dv8ls.com/blog/tag/Sustainable+Legal+Strategies monthly 0.5 https://www.dv8ls.com/blog/tag/Budget+Analysis monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Project+Management monthly 0.5 https://www.dv8ls.com/blog/tag/Profitability+in+Law+Firms monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Leadership monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Pricing+Strategies monthly 0.5 https://www.dv8ls.com/blog/tag/Subscription-Based+Legal+Services monthly 0.5 https://www.dv8ls.com/blog/tag/Associate+Compensation+Trends monthly 0.5 https://www.dv8ls.com/blog/tag/Akin+Gump monthly 0.5 https://www.dv8ls.com/blog/tag/LPM+Implementation monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Technology+Integration monthly 0.5 https://www.dv8ls.com/blog/tag/AI+Impact+on+Law monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Industry+Trends monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Budgeting monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Practice+Efficiency monthly 0.5 https://www.dv8ls.com/blog/tag/Strategic+Planning monthly 0.5 https://www.dv8ls.com/blog/tag/People-Centered+Strategy monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Value+Network monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Practice+Management monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Operations monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Management monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Strategy monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Practice+Solutions monthly 0.5 https://www.dv8ls.com/blog/tag/Generative+AI monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Firm+Profitability monthly 0.5 https://www.dv8ls.com/blog/tag/Client+Resistance monthly 0.5 https://www.dv8ls.com/blog/tag/LPM+Software monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Rate+Increases monthly 0.5 https://www.dv8ls.com/blog/tag/Project+Management+Tools monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Billing+Models monthly 0.5 https://www.dv8ls.com/blog/tag/Market+Shifts+in+Legal+Industry monthly 0.5 https://www.dv8ls.com/blog/tag/Client+Satisfaction monthly 0.5 https://www.dv8ls.com/blog/tag/Law+Firm+Culture monthly 0.5 https://www.dv8ls.com/blog/tag/Financial+Management+in+Legal monthly 0.5 https://www.dv8ls.com/blog/tag/Future+of+Legal+Practice monthly 0.5 https://www.dv8ls.com/blog/tag/Understanding+Legal+Tech monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Industry+Innovations monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Practice+Tools monthly 0.5 https://www.dv8ls.com/blog/tag/Legal+Team+Building monthly 0.5 https://www.dv8ls.com/blog/tag/Marcie+Borgal+Shunk monthly 0.5 https://www.dv8ls.com/home daily 1.0 2024-10-17 https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/20bd7842-7227-443e-863a-370c3ee17afa/DV8+LOGO+SUITE_DARK.png https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1721930480728-J6TJTVKGWHCYALCI8ARV/DV8_Legal_Services_Innovation https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1721930319554-FT9T1VPNZ7N86XWKDXRQ/DV8_Legal_Partner_Strategies https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1721930382002-A18WHINEU1VMUQNGEKTR/DV8_Strategic_Pricing_Programs https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/1721930417410-JJZDR57ZXHTL68CW99XV/DV8_Legal_Project_Management https://images.squarespace-cdn.com/content/v1/66a259d4252e5139c9b41fb1/72d6c1c9-817b-43f7-acc6-8b4625ccc33d/DV8_Toby+Brown