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Entries from January 2009
January 29, 2009
Staff Cuts: A Good Idea?
Cutting staff to save money can be a good idea in two situations, first, the firm has reduced attorney count, so the corresponding staff is also reduced. Second, only after all other possibilities have been explored. Has the firm truly looked for ways to cut costs on the operations side, without sacrificing levels of service?
In [...]
January 22, 2009
A Look Back & Looking Forward
We closed out the year with exactly three months of business under our belts. In that short time, much has changed and we have learned a lot. Since this is a typical time for reflection, we thought we would share what we’ve learned and make you an offer.
1) Be flexible.
When we started this business new [...]
January 20, 2009
Law Firm Web Presence Index Released by Muzeview
A law firm’s web site is fast becoming the primary way potential clients learn about the firm. Muzeview has just released its Law Firm Web Presence Index which ranks “different law firms against one another according to the strength of their presence on the World Wide Web.” An interesting way to measure ROI of a [...]
January 15, 2009
Vendor News and New Resources
Thomson Reuters
Fears for Thomson Reuters’ UK Listing
Thomson Reuters Bets on Content Remaining King with Calais 4.0
Publisher in Transition
Law School Exchange connects Law Profs
Westlaw New Browser Policy
LexisNexis
Demandbase–powered with content from LexisNexis
Lexis Fuels Rocket Lawyer with 2.1 Million
CCH
CCH to Offer Taxscripts TaxPro for IRS transcripts in Seconds
New Resources
Virtual Tax Library: A Comparison of Five Electronic Tax Platforms
Foreign [...]
January 13, 2009
What Two Things Go Great Together?
Attorney and Bookbinder? Jobrated.com recently released their Top 200 jobs list.
At number 82: attorney.
At number 83: bookbinder.
Hat tip to ATL.
January 12, 2009
It’s that Time of Year…Price Increase Letters
Many of you have begun to receive the annual January online price increase letters. These letters are informing you about ‘non-contract’ price increases to the underlying retail costs of a particular database or file. These price increases were started in May 2003 by West, and Lexis quickly followed suit. In the past two years, [...]
January 9, 2009
Friday Fun: Librarian Couch Potato Wins Again!
When a librarian sets their mind to do something…we do it! This is clearly demonstrated by Stan Friedman a research librarian at Conde Nast. Stan captured his second straight title in the Ultimate Couch Potato Competition last Friday by sitting in a recliner for over 18 hours (click here for full article)!
That’s nothing…I bet he’s [...]
January 7, 2009
Vendor News and New Resources
LexisNexis
Martindale: Reports of Attorney Ratings’ Demise Exaggerated
CCH
CCH Offers State Tax Citator
Gale
Gale Launches State Papers Online With Publication of Tudor Era Manuscripts
Gale Acquires HighBeam Research Inc.
New Resources
New Tables-of-Content Service for Scholarly Publications–TicTOCs
ABA Launches a Social Networking Site–Legally Minded
The U.S. Code, 2006 Edition Now Online
Business Research: Coming Soon from Morningstar: Free Foundation, Endowment and Pension Database
January 5, 2009
Changes to Law Firms Coming in 2009?
Professor William Henderson of Indiana University makes three predictions in a recent Chicago Tribune article:
Firms will start to get smaller;
The days of lock step bonuses and big raises are over; and
Firms will reevaluate their capital structure.
These predictions definitely buck the trends of the last few years, but maybe that’s a good thing.