Law, Technology and the Social Network

Shopping for legal technology is often a matter of relying on the experience of others The market for legal technologies is ever-active—and ever-expanding. Recent market data is very clear on the strong drive for investment in Cloud-based technology, workflow and automation tools, analytics and collaboration platforms. As the technologies grow ever more sophisticated to match the businesses they support, and the number of options and approaches multiply, it is more critical than ever – and the risks more pronounced than ever – that legal organizations assess their needs diligently and strive to select new and upgrade technology as thoughtfully —and with as much information—as possible.
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Operational Opportunities of Reporting

Legal Sees Potential in Data—Yet Some Remain Unsure What That Potential Is   A legal organization has a number of essential functions, and reporting is most assuredly one of them. In fact, the data streams and visualization methods we create to frame and understand complex legal practices and their impact represent the most tangible outputs organizations use to gauge the progress and success of operations. In essence, reporting is the lifeblood to making more informed and sound business decisions.
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Insights Poll: The Process Stakes Have Been Raised

Spend Management Has Become Table Stakes – Process May Now Be Taking Center Stage When it comes to analytics, the legal ecosystem as a whole spends an amazing amount of energy on understanding spend. In fact, Hyperion Research has found that 98% of legal organizations report on and consume spend management metrics; it is by far the most prolific and mature metric in legal. However, Hyperion’s recent polling produced a surprising insight: when asked about what metric they deemed most relevant, only 9% of legal operations managers reported spend management. Is this some sort of cognitive dissonance?
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Insights Poll: When It Comes To Content Security, How Sure Is Sure?

Can confidence breed complacency? The recent news about the “Panama Papers” fiasco has many of us who work in legal concerned—again—with issues of content security. This most recent scenario, in which 11.5 million documents and 2.6 terabytes of data related to the super-secretive world of offshore banking found their way from a Panamanian law firm and into the public eye, only serves to highlight the sensitive nature of legal work – and the constant vigilance required to protect legal work product.
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Announcing the 2016 IP Operations Survey!

Hyperion Research is pleased to announce the opening of the 2016 Intellectual Property Management Survey  This survey is focused on understanding the prevailing trends in IP operations, including investment, values and priorities in Intellectual Property Management (IPM) capabilities. We're looking at how IP professionals and attorneys are implementing, using and getting the most out of Intellectual Property Management, and what capabilities they value and prioritize most.
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Legal Metrics: Defining Success Beyond Spend Management

Measures are a core component of holistic business management.  While quantitative measures are not appropriate for all business activities, performance metrics and key performance indicators (KPIs) are an increasingly critical part of optimizing the legal function.  This topic consistently arises in our annual review of law department trends.
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The Curious Case of Virtual Patent Marking

Virtual patent marking was introduced in the United States with the passing of the America Invents Act of 2011 with the great promise of reduced costs and more accurate patent marking.  The purpose of marking an article is to provide constructive notice to the public that the article is patented. Failure to appropriately mark an article can preclude the recovery of damages for infringement until effective notice is given.
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New Market Snapshot: Achieving IP Operational Excellence

Hyperion is proud to introduce our new Market Snapshot Infographic, which focuses on operational and performance management issues in Intellectual Property Management.
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What Ever Happened to Virtual Patent Marking?

  Hyperion Research's ongoing survey programs help us benchmark and analyze leading trends and issues in legal operations and performance - and report them to YOU. We're asking for 5 minutes of your time and your thoughts about Virtual Patent Marking
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SNEAK PEEK: Value, Priority and Investment in Legal ECM

Hyperion Research is preparing to release our MarketViewTM Report: Document Management Systems for Legal, updated for 2015.  As a high priority solution area, DMS is critical to how legal professionals create, manage and use their work product. Our coverage focuses on core document management capabilities, with a view of the broader context that clients are seeking from solutions that address the array of specialized content management needs, including structured and unstructured content.
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Insights

MarketView: IP Management Systems