Contract management firms see e-discovery possibilities | Legal sector enjoyed June uptick, adding 7,500 jobs | How law firms can safely move into digital payments
July 8, 2020
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Contract management firms see e-discovery possibilities
Providers of contract management services could find that the current pandemic-affected landscape gives them a leg up on moving into e-discovery, observers say. An example is Luminance, where CEO Jason Brennan says lawyers having "a little time to evaluate" has led to an uptick in use of the company's e-discovery platform.
Full Story: Legaltech News (7/7) 
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A Powerful Business Transformation
Read how the Philips SpeechLive cloud helped one law firm to efficiently make a powerful business transformation. The solution’s ease of use allowed the Reminger team to quickly adapt to the new tool and virtually no setup time guaranteed a successful implementation.
Business and Financial Management
The US legal sector added 7,500 jobs in June, bringing employment to 1.10 million, down from 1.14 million in June of last year, the Bureau of Labor Statistics reports. The June jobs come on top of 3,200 added in May, but both figures are puny compared with the 60,000 jobs the sector lost in April as the pandemic's effect came into full focus.
Full Story: The American Lawyer magazine online (7/2) 
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How law firms can safely move into digital payments
It's best to use the tried and true when accepting digital payments, because "the onus of ensuring the security of the payment system implementation lies in the business," writes cryptographer David Smith. In this commentary, Smith offers tips, including advice on storing data and requiring two-factor authentication for both parties.
Full Story: Law Technology Today (7/6) 
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Litigation and Practice Support
E-discovery is about "using data to tell a story," and lawyers often foul up the nuances, says Hunton Andrews Kurth's Corey Lee, an expert in the field. Lee says the No. 1 mistake involves preservation of data, because lawyers "don't take any effort to really understand how their clients use and create information, so that they really don't know if the steps taken by their client are reasonable."
Full Story: Daily Business Review (Miami) (tiered subscription model) (7/6) 
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Leadership and Professional Development
N.Y. bar association may require cybersecurity education
The New York State Bar Association is on a path to recommending that its members include cybersecurity in their continuing education, which would be a first in the US. Florida and North Carolina have technology requirements for CLE but do not single out cybersecurity.
Full Story: LawSites blog (7/2) 
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Survey your employees about their feelings about returning to the office, give them a time frame for coming back and create events that help them reconnect, write McKinsey analysts. "Leaders will not know all the answers, but as long as they communicate openly and candidly, employees will respect being brought into the conversation," they write.
Full Story: McKinsey (6/26) 
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Security and Information Governance
Roughly 15% of Android devices hit with adware or malware in 2019 suffered system partition infections, meaning the malicious files essentially are undeletable, Kaspersky Lab says. These include Trojans that can run apps without the device owner's knowledge.
Full Story: Threatpost (7/6) 
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Swiss consulting firm Logol predicts the legal services market eventually "will be IT-driven" and equates the lawyer of the past to a marathon runner. The successful lawyer of the future, Logol says, "is a race car driver, who, thanks to his car, can move much faster than the marathon runner."
Full Story: Legal Futures (UK) (7/6) 
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Join us July 10 for a timely, lively discussion focused on the prior week's top-voted question from the #CreatingTheFutureTogether online community. Register here.
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ILTA's Beth Anne Stuebe chats with ILTA Member Sean McGinty about all things education, tech, and of course, baseball and hops. Tune in here.
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