This week, when I wasn’t thinking about how to crack down on lunch thieves and trying to recoup the money I paid former Judge Porteous over the last few years (which put me in a bit of a financial bind, but I’ll be fine because I’m on the short list for a job at Skadden’s San Francisco office), I found time to piece together another Rundown of legal technology for the week.
In this edition, we go back to the future to discuss “2001: A Space Odyssey.” There is also a free download addressing European privacy and e-discovery, as well as other related content.
In addition, the most famous plaintiff in e-discovery will be speaking in Boston. And have you ever wondered what the legal industry will look like in ten years?
This week — in between tweeting some really funny stuff (such as how I want to blow up airports — it was so funny!), buying up every last can of Four Loko that I could get my hands on, and forwarding Skadden employee evaluations to all of my friends — I spent the rest of the time tracking the news articles and blog posts I wanted to cover in The Rundown.
Among other things in this edition, a prominent e-discovery company offers its predictions for 2011, a big fish swallows a little fish, and we engage in more Touro talk (this time positive).
There is even a crossword puzzle — seriously, a crossword puzzle…
What a wild week in Washington! In the aftermath of hundreds of thousands of people rallying for sanity, the Republicans trounced the Democrats in the House.
As for me, when I wasn’t cleaning the millions of dollars I had stuffed in my closet to hide from the IRS or arguing with my therapist about how versatile my JD degree is, I spent the rest of the time collecting information for this week’s Rundown. Among other things, this edition covers my discussion of the the book “6Ps of the Big3,” a major technology acquisition, a possible flaw in the workflow of the e-discovery process, musings of one of the world’s most widely traveled lawyers, and a new exam for certifying e-discovery qualifications…
This week, when I wasn’t taking lessons in constitutional law from Christine O’Donnell, the greatest candidate for the United States Senate ever, or honing my brief drafting skills with the help of a Ph.D., I spent the time putting together this week’s legal technology Rundown.
In this edition, we see that a lot of lawyers will be working for or against BP for quite some time, and a former Senator explains why shipping American jobs overseas is a good thing. There is also some news on Qualcomm, a little cloud talk from north of the border, Rocket Matter is in “sync,” and much, much more…
This week, in between eating as many burgers with extra onions as I could at Rogue States, and lobbying heavily for my law school to be more like Harvard and hide their GPAs (in my case, I was really hoping they could implement that retroactively), I managed to collect lots of good material for this week’s Rundown.
Among other things, the Rundown features a major merger, more on predictive coding, another Masters Conference write-up, several surveys, a cartoon caption contest, how technology is helping those in pro bono — and, oh, a bit of litigation that could last a long, long time….
This week, while taking a break from my favorite pastime — hanging out with strippers and snorting coke with federal judges — I attended the Masters Conference in Washington, DC. For those of you who aren’t familiar with this conference, it has carved out a significant niche for itself in the e-discovery universe. The Masters Conference is a gathering of legal technology thought leaders from all over the world, who come together every year at this time to talk about all things e-discovery. The yearly meeting was the brainchild of entrepreneur extraordinaire Robert Childress, president of Wave Software.
After attending last year’s Masters Conference, I thought I knew what to expect again this year: a small meeting (certainly not on the level of a LegalTech or an ILTA Annual Meeting), with the usual suspects, and similar — if not the same — topics of discussion.
Well, what a difference a year makes! The Masters Conference may only be in its fifth year of existence, but it seems to have just had its coming-out party. I’ll give you my three takeaways, after the jump…
Welcome to the latest installment of The Rundown, a review of recent developments in the world of legal technology. Let’s plunge right in.
* Happy Birthday to Clio, a legal technology company that helps to streamline law offices. Clio is officially two years old, which is like twenty years in Biglaw.
* I pick up a lot of information about legal technology on Twitter. Two of the best people to follow in this subject area are Rob Robinson of Orange Legal Technologies and Eric Feistel of Integreon. These guys tweet out a plethora of information on a daily basis. It should be no surprise that in a past life they used to work together for another vendor.
* Another writer who has a firm grasp of e-discovery issues is Greg Buckles of ediscoveryjournal.com. This week he has an interesting post about vendor trends at LegalTech, which — hard to believe — is right around the corner.
We are at the end of another busy week in the world of legal technology. A major acquisition of a legal technology company took place. The DC Bar is expanding its interest in e-discovery. I do a quick update on a conference I attended last week. There are also a few articles I want to mention — one on the interface of lawyers and technology, another on “perils and pitfalls,” and a third on prenups. Yep, prenups.
The world of legal technology was quite busy this week. After culling through countless articles, press releases, and blog posts, I selected the stellar few, the finest gems, and most importantly, the ones I like, to share with the Above The Law faithful. I do it so you don’t have to.
Last week, the International Legal Technology Association (ILTA) held its annual meeting at the ARIA resort in Las Vegas. I attended ILTA’s annual conference in 2009, but unfortunately, due to a scheduling conflict that I call “work,” I was unable to make it this year.
Ironically, in looking at all the write-ups in various blog posts and news articles, I was surprised at how much information there was on this year’s conference. Although it’s generally better to report on things that you actually see in person, it’s also easy sometimes to get caught up in the minutiae and miss the big picture when you attend an event.
With that said, here are some items I found rather noteworthy….
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: email@example.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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