Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013

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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Welcome.Lets start with a quick


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9 redesigns

to transform

law firms into amodern force.


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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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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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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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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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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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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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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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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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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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Documents

Law firms Redesigned presentation by LegalForce Chief Executive Raj Abhyanker at the Reinvent Law Silicon Valley conference in Mountain view, CA - March 6, 2013