For law firms investing in technology to drive innovation and efficiency, document automation is an easy win and, given today’s digitally driven legal landscape, it’s absolutely essential. Manual processes, including document…

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In an age of disruption, BigLaw or traditional large law firms face increasing competition from rapidly evolving NewLaw providers. But what does NewLaw actually mean, and how do these firms differ…

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The terms “BigLaw” and “NewLaw” were first coined by professional advisory firm Beaton Capital in 2013, and refer to two very different business models for the provision of legal services. In the legal and…

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The Enron disaster saw most of the Big Four accounting firms retreat from the legal services market. In recent years, however, these companies have become increasingly sophisticated, transforming themselves from traditional auditing…

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A smart practice management platform can transform even the most disorganised law firm into a well-oiled machine. But there isn’t a one-size-fits-all solution. It’s important to explore your firm’s current…

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In many sectors of the global economy, big data is proving a useful tool for businesses to leverage data analytics in order to tailor their offerings to audiences and gain…

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The Melbourne Law School and Thomson Reuters Peer Monitor® are pleased to present this report setting out the dominant trends impacting the legal market in 2016 and the key issues to influence…

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Blockchain, the emerging peer-to-peer distributed ledger technology, has continued to make recent headlines in the business and legal media. Blockchain underpins a new generation of disruptive transaction technologies, by promising…

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Law firms face increasing pressure to move away from time-based billing, and numerous firms have relinquished the billable hour in favour of alternative fee arrangements. We explore why a flat-fee…

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