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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Hyperion Announces 2015 Update to ELM MarketView Report

Hyperion is pleased to announce the publication of the 2015 Update to it's widely acclaimed MarketViewTM Report:  Enterprise Legal Management:  e-Billing and Matter Management Systems for Corporations.
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Transforming Legal Service Delivery - the ELM Solution Accelerator

Transforming Legal Service Delivery The Ritz-Carlton, Tysons Corner November 3-4, 2015 Hyperion Research presents a truly one-of-a-kind event - the Solution Accelerator Conference.  We bring Law Department operations managers together with leading Industry Experts and ELM Solution Providers in a highly interactive forum focused on success in Enterprise Legal Management.
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Finding Value In E-Billing

Hyperion's newest TrendView™ Report seeks to better understand a topic that has never previously been reported on: the costs - real and realized - to law firms of using third-party e-billing systems required by their clients.
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Global E-Billing: Global Access and Data Privacy

Every step of the e-billing process, regardless of region, must be controlled through a combination of transport-level technologies and process-level controls. E-Billing programs must provide security against data vulnerabilities, including between physical and logical processing process steps. Suitable security related measures must be employed to ensure that trusted processes cannot be compromised.
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Global E-Billing: A Challenging Regulatory Environment for International Invoicing

Outside of North America, the e-billing process—that of creating, submitting, auditing, correcting and approving invoices—is subject to much more stringent regulatory and reporting requirements. This is most associated with Europe, where legal electronic billing (“e-Billing”) falls under the broader regulatory rubric of either the United Kingdom or the Model European Union electronic invoicing.
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New Solution Models Evolve for ELM

As the role of General Counsel and the law department have changed, so, too, has the solution market evolved.  As the market expands, the ELM solution providers have developed new approaches to serve the needs of a multifaceted market.
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The Continuing Reality of Transformation for Corporate Legal

Corporate law departments are in the midst of an active period of transformation.  Driven in large part by the new demands on the General Counsel, today’s law departments are expected to serve a business function, as much as they are their traditional legal roles. From 2010, when we first endorsed the term Enterprise Legal Management, ELM has become a recognized management discipline and a strategic objective for corporate law departments.
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Market for Enterprise Legal Systems Evolves

As the market for Enterprise Legal Management Systems evolves, the tools that corporate legal departments use to manage business-critical information must do the same.  Today, vendors are taking two different approaches to tackling the constantly growing and changing ELM needs.
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Insights

MarketView: IP Management Systems