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Bryan Cave now powered by Recommind

Law firm Bryan Cave has joined forces with Recommind, and implemented MindServer Legal Enterprise Search and MindServer Legal Matters & Expertise to power its internal search functions. The launch of the new IT platform will allow common access to 15 offices across the United States, the United Kingdom, the Middle East, and Asia.

MindServer Legal Enterprise Search enables a one-point contact with all knowledge significant to the firm - records, document search, e-mail systems - related to all cases within the entire firm.

The MindServer Legal product suite facilitates time and cost management while maintaining quality of output. Data gathering becomes less tedious and more precise. Bryan Cave hopes with this change to improve the firm's efficiency in serving clients, including multinational corporations, large and mid-sized privately held companies, partnerships, and emerging companies.

08-23-2006

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Real estate perceived as profitable practice area

The growing increase in high value real estate deals has prompted many law firms to aggressively work towards developing expertise in real estate practice. This development may be attributed to the fact that many equity and pension funds are involving their finances in high profile deals, which in turn is creating legal work. As reported on law.com, the majority of national law firms are shifting focus from conventional practice areas to a more lucrative real estate practice. Goodwin Proctor hired former Pillsbury real estate partner Lewis Feldman to its newly set up LA office, and Seyfarth Shaw brought in former Pillsbury partner David Roseman to beef up operations in the West Coast real estate market.

Although the advent of globalization has drastically transformed the way deals are conducted, the legal experts feel that the majority of the legal work remains local. However, legal professionals in real estate practice anticipate that evolving capital markets and continued investment in products will lead to more complex deals in future. From a traditional price sensitive practice area, real estate is now the latest buzzword in the legal profession that will benefit law firms in the long run.

08-21-2006

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Law firms reconsider campus recruiting

Law firms across United States have embarked on a unique hiring strategy. Leigh Jones of The National Law Journal reports that firms are now hunting in new law schools outside their geographical domains and are considering students who stand out on other qualifications besides academics. Moreover, interview sessions are tending to be scheduled earlier, to allow students to interact freely with the potential employers without missing their academic sessions. Firms rely on lawyers who are alumni from the schools to help them conduct on-campus interviews. Recently, the majority of law firms have begun offering new salary structures for associates, which will serve as a considerable draw for law students.

To meet the hiring demands, some firms are expanding their reach by taking help of technology. Many law schools are members of Law School Connect, a videoconferencing network that links firms and schools for live interviews. Despite this, law firms face the tricky situation of prevailing high attrition rate in the profession. Revamping hiring methods in law jobs not only ensures a secure position for a law school student but also allows the associates a greater job security.

08-21-2006

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Foley & Lardner reviews usage of moniker and marketing material

In the wake of a trademark infringement dispute between Boston-based Foley Hoag and Milwaukee-based Foley & Lardner, the latter has begun reviewing its short name and marketing material. This development was in direct result of the settlement between the two firms that prompted a U.S. federal district court to dismiss the case. As part of the settlement agreement, Foley & Lardner is considering changes to its abbreviated name (currently Foley) and marketing material.

As reported by thelawyer.com, Foley Hoag earlier alleged that the usage of the term "Foley" by Foley & Lardner creates confusion and gives an impression of mistaken identity. As a result, Foley Hoag sued Foley & Lardner last October. It is noteworthy that earlier, in 2004, U.S. Patent and Trademark Office rejected Foley & Lardner's request to trademark 'Foley' as its abbreviated name because it could cause confusion with Foley Hoag, which adopted this brand name in 2002. The firm therefore continued to use the word.

08-21-2006

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Lowenstein Sandler rated as Lead Investors in PIPEs

Lowenstein Sandler PC has found a place among the leading five law firms for total number of Private Investments in Public Equity (PIPEs) transactions advised through the second quarter of 2006. In a survey, research firm PrivateRaise.com, allotted a no. 2 rating to the firm's specialty finance group, which represented lead investors in deals that raised more than $10 million. The law firm attributes this success to the growing capital finance market, coupled with attorneys of the specialty finance group that acted as placement agents in the investment banks, involved in more than fifteen PIPE and Registered Direct transactions in 2006 worth $300 million.

The specialty finance group is associated with the Securities and Exchange Commission, NASDAQ, Amex, and the NASD and has helped issuers with primary and secondary underwritten offerings of high value, during this period. Lowenstein Sandler PC received the Chambers USA Guide rating as the top law firm in the country for litigation, corporate, and environmental law practices. With more than 245 attorneys spread across offices in New York and New Jersey, the firm provides a full range of legal services to business and industry.

08-21-2006

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Baker & McKenzie largest firm in Asia-Pacific region

Baker & McKenzie has beefed up its Asia-Pacific operations in the past year and is now the largest law firm in the region in terms of partner count. With the addition of 35 new partners, the new strategic initiative is expected to strengthen the law firm's presence. It will also boost the firm's expertise in different practice areas, including tax, banking and finance, M&A, intellectual property, dispute resolution, capital markets, IT, and communication practice.

According to the firm's website, the law firm is growing throughout international locations, and especially in the Asia-Pacific region, where many international firms seem to be reducing their commitment. Baker & McKenzie has announced multiple promotions at the offices in Sydney, Tokyo, Hong Kong, and Bangkok, with other promotions scattered throughout major cities of the area. The firm's Asia-Pacific presence now stands at 299 partners with 147 principal equity partners.

08-18-2006

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Kirton & McConkie in technology deal with Mimosa Systems

In search of the latest technological developments in communications, the Salt Lake City-based firm Kirton & McConkie has joined forces with Mimosa Systems to implement and launch Mimosa NearPoint software. With the importance of email's role in communicating both internal and with clients, keeping up with recent software developments is considered key. The new software will facilitate retrieval of old email, independent eDiscovery, and effective handling of staff's mailboxes. The implementation of technology will also allow staff auditors to access email information for litigation support and forensics.

Kirton & McConkie believe that this initiative will allow for speed and ease of complex searches across mailboxes, leading to cost savings. It will also enable the firm to offer effective services to its global clients. Kirton & McConkie emphasizes the need to effectively use legal assistants, staff, and technologies in helping to minimize costs to its clients, maintain good client communications, and respond in a timely manner to client needs. It is their hope that Mimosa Systems, Inc will facilitate this, with their specialty of offering the latest information management solutions for information immediacy, discovery, and continuity.

08-18-2006

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