Briefing Legal

That's a wrap! The final Briefing Legal Supper Club for 2024, in partnership with Attest Group, has come to a close – and what an evening it was! 🎉 Thanks to Paul Suffield and Sasha Stowe from Attest for running alongside our Briefing Legal team who made the event so impactful. 💡 Key topics discussed:  - The issues around lock-up – including lawyers’ fear/reluctance to ask clients to pay their bills - The evolution of risk and compliance coverage - The importance of business management training and knowledge at the senior level And of course, an enormous thank you to our incredible guests for your insights and energy - Shyam Moorjani, Harsh Amarasuriya, Gareth Jones, Mark Penlington, Simon Russell, Nicola Wakefield, Scott Hendren, Stuart Whittle. That’s it for 2024 – but don’t worry, Briefing Legal Supper Clubs will be back in 2025 for more thought-provoking discussions and inspiring connections. Stay tuned!

The billable hour on trial: Is accurate billing compliance the best defence? Law firm operations leaders need to harness the power of generative AI and new technology, and combine it with human experts who can help keep pace with its rapid evolution to innovate their billing processes, writes Jo Styles, director of legal services at Williams Lea. The future of legal billing lies in a holistic approach that combines technology, human expertise, compliance and innovation. By embracing this approach, law firms can navigate the challenges of the changing landscape and unlock new opportunities for growth and client satisfaction. Your desire is our directive; tap the link below to continue reading: https://buff.ly/3Br4oUz

Beyond the value of legal knowledge: How AI will boost law firm efficiency and increase the ROI of untapped value. When designing solutions that work for law firms, Peppermint Technology’s chief innovation and technology officer Mike Walker says that understanding data is the heart of the matter. Mike believes the journey is not just about technology — it’s about changing how information is valued and used, which will help build a foundation that supports today’s needs and tomorrow’s innovations. By using AI responsibly, in tandem with a focus on usability and trust, it can help law firms ensure their most valuable asset — their knowledge — works harder, smarter and more effectively than ever before. You know what to do, follow the link below and dive right in: https://buff.ly/3ZKCo7A

Money laundering — a global issue that requires a global solution Nicola Gifford, general counsel and company secretary at SmartSearch, talks about how collaboration between law firms and financial institutions is key in fighting money laundering. Money launderers are already operating at an advantage and are quick to evolve as new challenges come their way. By taking a collaborative, technology-driven approach, law firms will have a powerful arsenal in the fight against money laundering, fraud and other financial crimes. Nicola asserts that by working together, we can beat money launderers at their own game, build stronger defenses and adapt to new threats as they emerge. To read the complete article, follow the link below; it's worth every penny: https://buff.ly/3OQOFRW

The harmony of collaboration: Driving precision and flow Paul Foster, the head of product development at sa.global, asserts that fostering cooperation among all departments within a law firm is crucial for its seamless and efficient functioning. Using the billing process as an example, he explains how teamwork and technology can reduce friction and lead to improved results. In hindsight, collaboration is beneficial. It's particularly effective when data-related issues are eliminated, allowing a focus on future endeavors rather than past actions. An integrated platform's strength lies in enabling various teams to leverage shared data to streamline processes, thereby achieving more predictable outcomes. Discover the complete article here; it will exceed your expectations: https://buff.ly/4fb92ny

Knowledge paving the way for genAI Adam Ryan, chief product officer at Litera, assesses how the disruptive technology is shaping and elevating the role of knowledge — and outlines the company’s strategy for supporting the practice and business of law in partnership with Microsoft. By seamlessly integrating the wide range of Litera offerings and partnering with Microsoft to meet lawyers and business services professionals where they work, Adam says the goal is nothing less than “to transform the legal experience”. To read the full article from Adam, click the link below: https://buff.ly/3VwBk4R

Constellations of legal content firmly in your orbit Legal genAI offers tremendous opportunity to build knowledge management maturity, enabling unprecedented collaboration and unlocking greater value for legal professionals, firms and clients alike, says Madeleine Graham-Glater, principal product manager at LexisNexis UK. The vision is one of empowering lawyers and knowledge managers alike. With access to insights such as most used content and most frequent searches, knowledge managers will make more informed decisions about which areas to prioritise for knowledge-based interventions to reap the greatest value, or simply identify key users of a particular clause. To access the complete industry interview, follow the link below; it's definitely worth your time! https://lnkd.in/eCtuAbPd

REI: The AI-based information view with sights on powering hot properties Andrew Lloyd, the managing director at Search Acumen, discusses the unveiling of the company's innovative Real Estate Intelligence (REI) platform, which leverages machine learning to streamline and enhance the valuable experiences of lawyers and clients during the high-pressure process of property deals. Once firms grow accustomed to interacting with this key data differently, Lloyd is prepared for them to come forward with suggestions for more iterations of the interface — he’s certain ideas will follow. “We’re a big believer as a business in client-led product development,” he says. “But we’re also very cognisant of not running too far, too fast, for people. The first step is lawyers learning to use it and adopting it.” In part to avoid any perceived barrier here, REI is fully bundled into a firm’s existing service with no additional charge. Explore the interview with Andrew Lloyd by clicking the link below: https://buff.ly/41wPiHF

🎉 Briefing Legal is on a roll with breakfast clubs this week! What an amazing morning hosted alongside StructureFlow – a huge thank you to Chloe Doyle and Owen Oliver for leading such an engaging and insightful event. 📢 Highlights from the conversation: - Keeping teams motivated and engaged amidst continuous change in the legal sector. - Navigating the genAI hype cycle with managed expectations and a focus on data protection as new use cases emerge. - Harnessing storytelling and accessible technology to elevate KM practices. - Exploring the evolving role of the PSL as a bridge between technology, innovation, and fee earners. - Identifying the critical skills future lawyers need — commerciality, critical thinking, and curiosity. - A massive thank you to our incredible guests who brought the conversation to life. Thank you to our amazing guests: Colin Fisher, Clare Semple, Alison Devlin, Ruth Musgrave, Annabel Solomon , Lynne Jones, Tim D., Virginia Jones, Andrew Telling, Kate Buttrey, Miranda Perkins. Here's to more collaboration and innovation as we close out the year on a high note!

🎁 Briefing Legal is the gift that keeps on giving! This morning, the Briefing Legal team hosted another incredible breakfast club, in partnership with Fulcrum GT. A huge thank you to Alison Regan for co-hosting and making the evening a success. Highlights from the conversation: - Exploring the challenges and opportunities of transitioning to a cloud-based operational model. - Innovative approaches to training, like embedding video content directly into tasks for on-demand learning. - Leveraging reporting tools to empower lawyers with better insights for client engagement and billing. - Aligning system upgrades with ambitions for international growth and expansion. We can't forget our amazing guests for insightful discussions and collaborations: Mark Mountford, Harsh Amarasuriya, Sarah Young, Michael Davies, Scott Hendren, and Andrew Foster.