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Legal Administrator Daily
   
Tuesday, September 16, 2014
 
Vol. 3, No. 181
 
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 PUBLICATIONS
Top News
 ADMINiSTRATOR NEWS
ALA
In the News
Press Releases
 WAGE AND HOUR
Federal News
 TECHNOLOGY VENDORS
Time/Billing
Lit Supp/Prac Mgt
Doc Mgt / KM
Consultants
Other
 BLOGS
Legal Admin
 EMPLOYMENT
Classifieds
ALA
Simply Hired
 ALSO OF NOTE
ABA
PinHawk - Watch a Page
PinHawk - Custom Newsletter
 

To see archives click on a section title on the right.

 
  Westlaw - Bankruptcy
 
Happy Tuesday and welcome to The LAD.

The LAD has news and information giving you a 360 view of the legal services industry. The LAD is your complete source for articles, jobs, and blogs. The LAD - it's all about the BUSINESS of LAW.


Timekeeping Metrics

As long as there have been lawyers, there has been timekeeping. The exercise and the measurements applied to the process - have remained largely unchanged since invention of the clock. However, there is some fresh thinking about some of the metrics attached to timekeeping.

Enter Todd Gerstein and the team at Smart-Webparts, and the notion of time entry velocity. I first heard of this notion in a discussion with Peter Zver - President, Tikit North America - during the ILTA conference. Todd's article offers a nice explanation of this metric, which helps management understand the timeliness of the entries. As we all know, the less timely - the less accurate the timekeeping, and the greater the 'loss' of time not entered.

Read Todd's article.

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Commissions, Quality, and the 5-Tool Player

Thanks to Tim Corcoran for his (always) insightful writing about the business of law. In this article, Tim explores the notion of compensation as it is tied to business development. He reminds us that compensation can be a huge incentive, and just as generous a dis-incentive when misapplied.

Tim points out that the sales world is composed of hunters and farmers (I'm a farmer by nature) but it takes both to keep a sales pipeline full. Hunters sniff out new clients. Farmers keep existing clients happy. Both can deliver significant new business which should be recognized in any compensation model (think origination credits).

Of course it takes a village to have a good sales outcome (marketing to get you noticed by the right folks at the right time with the right problem to solve / business development teams to engage the prospect, / client management teams to manage client satisfaction / internal processes for managing work to assure quality of outcome and quality of 'engagement / technology to connect you to clients / ... ), and compensation that recognizes contribution is an essential ingredient. Tim's article is worthy of circulation to anyone at the firm involved in executive compensation.

PS: does the firm's administrative team (marketing, IT, HR...) participate in profit-sharing?

Read Tim's article.

Must Read Articles

► ► ► ► ► ► ► ► ► ► ►

The Task List. What to look for in a task manager.

Cari Twitchell's Top-7 List of questions your website should answer.

Conflicts accusations. Not the sort of free publicity you want.

The trend toward in-house work.


---

Legal Administrator Daily brings you news, marketing, and blogs you will find useful along with new job opportunities. Anyone in the business of law should be reading the LAD.

See our newsletter for IT folks.
See our newsletter for Librarians.

Bill Lipner, Editor

Writing to you from the garden of WNC.

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PUBLICATIONS

Top News

  1. NY Times: Jeers and Cheers Over Tax Inversions, TaxProf Blog, September 15, 2014
  2. Try Before You Buy: Can Testing Potential Hires Work for Solo and Small Law Firms, Blog: My Shingle - Carolyn Elefant, September 15, 2014
  3. CVS Caremark faces $3.2 billion investor lawsuit after class action certification, Inside Counsel, September 15, 2014
  4. Adobe defeats plaintiff in patent dispute case, Inside Counsel, September 15, 2014
  5. Consequences of the failure to comply with laws that regulate franchising, Inside Counsel, September 15, 2014
  6. New EEOC Report Identifies Common Errors by Federal Agencies in Dismissing Discrimination Complaints on Procedural Grounds, The U.S. Equal Employment Opportunity Commission: News, September 15, 2014
  7. McCormick & Schmick’s to Pay $1.3 Million and Provide Significant Injunctive Relief to Resolve EEOC Class Race Discrimination Suit, The U.S. Equal Employment Opportunity Commission: News, September 15, 2014
  8. 19 Years Until Social Security Trust Fund Runs Out, AICPA Insights, September 15, 2014
  9. Thomas Boggs, Founder of Patton Boggs, Dies, Law and More, September 15, 2014
  10. Petit Family Convicted Killer Steven Hayes Sues Prison for Not Providing Kosher Cuisine, Law and More, September 15, 2014
  11. 7 Questions Your Website Should Answer, Lawyerist.com, September 15, 2014
  12. Privacy Claim in Petraeus Scandal Suit to Proceed, Blog of Legal Times, September 15, 2014
  13. No Cameras for NSA Surveillance Case, D.C. Circuit Says, Blog of Legal Times, September 15, 2014
  14. Civil Rights Advocate Debo Adegbile Joins Wilmer, Blog of Legal Times, September 15, 2014
  15. Companies Curb Use of Outside Law Firms, ACC News, September 16, 2014
  16. Patton Boggs founding partner dies, Global Legal Post, September 16, 2014
  17. Kanter joins ARK as COO, Inside Counsel, September 15, 2014
  18. U.S. Ranks Near The Bottom For Tax Competitiveness: We're #32!, Tax Girl Blog, September 15, 2014
  19. More than 50% Americans Single - Niche Business for B2C Lawyers, Law and More, September 15, 2014

Top
 
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ADMINiSTRATOR NEWS

Association of Legal Administrators

  1. ALA Webinar - Problem Solving: Tips and Techniques, Association of Legal Administrators: ALA Conferences, September 15, 2014

Top
 
PinHawk Law Firm News and Press
 

WAGE AND HOUR

Federal News and Regulations

  1. New EEOC Report Identifies Common Errors by Federal Agencies in Dismissing Discrimination Complaints on Procedural Grounds, The U.S. Equal Employment Opportunity Commission: News, September 15, 2014
  2. McCormick & Schmick’s to Pay $1.3 Million and Provide Significant Injunctive Relief to Resolve EEOC Class Race Discrimination Suit, The U.S. Equal Employment Opportunity Commission: News, September 15, 2014

Top
 

TECHNOLOGY VENDORS

Time and Billing

  1. Top Three Timekeeping Metrics Every Law Firm Should Measure, Smart WebParts Blog, September 15, 2014
Litigation Support / Practice Management

  1. ALM’s LJN Legal Tech newsletter [Volume 31, Number 5, September 2014]: Practice Tip – Word 2013: Better by Design, Encore Discovery Solutions, September 15, 2014
  2. Move The Needle with Jeffrey and Bill at ILTA, Encore Discovery Solutions, September 15, 2014
  3. Planning for an Office 2013 Upgrade?, Encore Discovery Solutions, September 15, 2014
  4. Asian E-Discovery Growth Trends Highlighted in New FTI Consulting Study, FTI Ringtail, September 15, 2014
Other Technology

  1. Bloomberg BNA Provides Fall Congressional Legislative Outlook, BNA, September 15, 2014
  2. Logikcull Launches Free On-line e-Discovery Education for the Legal Community, Legal IT Professionals, September 15, 2014
  3. BigHand announce the return of their Annual User Conference in Manchester & London, Legal IT Professionals, September 15, 2014
  4. Don’t Underestimate the Power of Tracking, Reporting With File Sync and Share, Biscom Blog, September 15, 2014
  5. Virtual Practices supports continued growth at EC3\Legal, Legal IT Professionals, September 16, 2014
  6. Waller Lansden Dortch & Davis, LLP, Chooses NetDocuments to Continue Modernizing Technology Efforts, Legal IT Professionals, September 16, 2014
  7. Sysero Announces the launch of Sysero 2.0, Legal IT Professionals, September 16, 2014
  8. Wolters Kluwer Acquires Dingxin Chuangzhi in China, Wolters Kluwer: Press Releases, September 16, 2014
  9. This Is Your Brain on Snacks: Brain Stimulation Affects Craving and Consumption, Wolters Kluwer: Press Releases, September 16, 2014

Top
 

BLOGS

Legal Administration

  1. The Rise of the Robot Pitchman, Dytech Group Blog, September 15, 2014
  2. Linking Business Development to Partner Compensation, Corcorans Business of Law Blog, September 15, 2014
  3. 19 Years Until Social Security Trust Fund Runs Out, AICPA Insights, September 15, 2014
  4. How to Apologize At Work, The Delaware Employment Blog, September 15, 2014
  5. What is Your Job Description?, Jim Calloway's Law Practice Tips Blog, September 15, 2014
  6. U.S. Ranks 32nd (out of 34 OECD Countries) in International Tax Competitiveness, TaxProf Blog, September 16, 2014
  7. Age Discrimination Lawyers - Keith Powers Can Put You Out of Business, Law and More, September 16, 2014
  8. Am Law Firms Advise on Pair of Health Care Mergers, The AM Law Daily, September 15, 2014
  9. Am Law 100 Trio Rev Up for Auto Parts Mega-Merger, The AM Law Daily, September 15, 2014
  10. Detroit Trial Elicits Unusual Apology from Kirkland, Syncora, The AM Law Daily, September 15, 2014
  11. Corporate Counsel Shift Another $1.1 Billion In-House, The Mad Clientist: BTI's Blog, September 15, 2014

Top
 

EMPLOYMENT

ACC Job Posts

  1. Senior Attorney | UTC Building & Industrial Systems, September 15, 2014
  2. NYC Reinsurance Associate GC | Confidential, September 15, 2014
ALA Job Posts

  1. HUMAN RESOURCE MANAGER - Michigan  - Southfield, September 15, 2014
  2. CONTROLLER - New Jersey  - Roseland, September 15, 2014
  3. 20 Hot Companies Hiring this Minute, kCura, September 15, 2014

Top
 

ALSO OF NOTE

American Bar Association

  1. 8 Essential Functions for the Right Task Manager, American Bar Association: Law Technology Today, September 15, 2014

Top
 
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