acla : innovation + it: is there a “new normal” for law?
DESCRIPTION
Legal OnRamp. ACLA : Innovation + IT: Is There A “New Normal” For Law?. July 2010 OnRamp Systems Inc. Law Normal v. Enterprise Normal. More is better. Better is better. “If it ain’t broke ”. “Somewhere a 26-yr old ”. Prices go up. Prices go down. - PowerPoint PPT PresentationTRANSCRIPT
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July 2010OnRamp Systems Inc.
Legal OnRamp
ACLA: Innovation + IT:Is There A“New Normal” For Law?
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Legal OnRamp
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Putting Value Into Practice
OnRamp Systems Confidential
Law Normal v. Enterprise Normal
INSIGHT
Fear: Eliot Spitzer
“How always been done”
“If it ain’t broke”
More is better
Can’t measure
Prices go up
INFORM-ATION
Fear: China Competitor
“How can we do better?”
“Somewhere a 26-yr old”
Better is better
Everythingmeasured
Prices go down
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Legal OnRamp
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Putting Value Into Practice
OnRamp Systems Confidential
Consensus … or
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Legal OnRamp
4OnRamp Systems Confidential
Organic
• innovators - • early adopters • early majority - • late majority - • laggards -
Where Are We?
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Legal OnRamp
5
Putting Value Into Practice
OnRamp Systems Confidential
Law Normal v. Enterprise Normal
INSIGHT
Fear: Eliot Spitzer
“How always been done”
“If it ain’t broke”
More is better
Can’t measure
Prices go up
INFORM-ATION
Fear: China Competitor
“How can we do better?”
“Somewhere a 26-yr old”
Better is better
Everythingmeasured
Prices go down
![Page 6: ACLA : Innovation + IT: Is There A “New Normal” For Law?](https://reader036.vdocuments.net/reader036/viewer/2022062323/56816071550346895dcf99cc/html5/thumbnails/6.jpg)
Legal OnRamp
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NEW NORMAL
Defined Quality
Technology-enhanced
Process Innovation
ClientIntimacy
AlternateStaffing
PredictablePricing
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Legal OnRamp
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Putting Value Into Practice
OnRamp Systems Confidential
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Legal OnRamp
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Putting Value Into Practice
OnRamp Systems Confidential
Answer – or Best Starting Point -- in Your Network
Legal Dept
Firm 1
Firm 3
Peers
Firm 2
New model service
s
Web
“Is there a template for that kind of deal,tied to term sheet?” “How are other
Companies doing ‘ValuePricing’ engagements?”
“We’re not the first companyto establish global privacypolicies -- let’s not re-invent the wheel.”
“What did we agree with Bank of Dakotaon that indemnityclause issue?”
“Can we get our firmsworking on our platformto drive efficiency?”
“Can we create more self-help for repeatclients?”
“How’s everyone elsedealing with ‘agencyfees’ in Indonesia?” “Can we got our whole
team on same pagefor day-day stuff?”
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Legal OnRamp
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Putting Value Into Practice
OnRamp Systems Confidential
Playbook Volume Agreements – 4% Savings
Mine experience Structured content across
high volume commercial work
Harmonization of Practice Moderation, email
integration/notification Changes automatically
captured as versions Help in playbook
generation
Law Dept
Complexity
Day-Day
Volume
Firm
Playbook (30%)
30% spend15% savings
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Legal OnRamp
10OnRamp Systems Confidential
How Does Normal Change?
• innovators - • early adopters • early majority - • late majority - • laggards -
Where Are We?
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Legal OnRamp
11OnRamp Systems Confidential
How Does Normal Change? Will Australia Lead?
• innovators - • early adopters • early majority - • late majority - • laggards -
Where Are We?