law firms redesigned presentation by legalforce chief executive raj abhyanker at the reinvent law...
TRANSCRIPT
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Law firms.Redesigned.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Welcome.Lets start with a quick
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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9 redesigns
to transform
law firms into amodern force.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Globalize without sacrificingquality of work product.
Repetitive, detail oriented,reoccurring tasks areeasier to globalize.
Define the right reportingstructure and expectations.
Redesign 1Globalize operations.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Reward Responsivenesswithin minutes, if nothours, at most a day.
Tenure based tocontribution based.
Identify & reward fiscaland business talent, evenif from new associates.
Redesign 2Rethink associatecompensation.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Partners in a law firm shouldelect a President (with term limits).
Ideally, President should be a JD/MBA.
No billing responsibilities.
Ability to bind direction of the Firm,instead of entire partnership vote.
Redesign 3Hire JD/MBAs formanagement functions.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Create leverageable goodwill byrecording and making accessibleevents through the web.
Let the community use your legalconference space for free for eventsbenefiting community.
Live event (CLEs, Client Events) shouldbe broadcast and archived throughYouTube.
Hire a full-time video productionperson, ensure quality videos arerecorded and broadcasted to solidifyreputation and goodwill.
Redesign 4Broadcast goodwillthrough the web Talks
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Create destination retail experiencesthat enable your firm to operate on
Main Street or at MNC sites whereyour clients are.
Be accessible during retail hours,nights and weekends.
Change the paradigm of what yourlaw firm is, and how to access it.
Public good and legal helpget more closely associated.
Redesign 5Invest in retail accessto law, not lobbies.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Clients should beable to transparently
view your calendarfree time and book
time with you.Cou
nselCal
Redesign 6Calendar visibility to clients.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Corporate clients maybuild their own dream
teams by leveragingattorneys directly thatspan different firms.
Who benefits are thoseattorneys that specialize
and develop a reputationas experts in theirfocused areas.
Redesign 7Legal dream teamsmay span firms.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Redesign 8Preventive careas a function ofsubscription rates.
Corporate clients maydesire predictability intheir outside counselspend by requesting fixed
yearly
subscriptionswith law firms.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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Predictive intelligencesuch as that by
Lex Machina and beingdeveloped by Judicatachanges how law firmspresent and evaluate risk.
Ends at stalemate.
Redesign 9Predictive Intelligence.
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Questions?Thank You.
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7/28/2019 Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013
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