This week we received via one of our sources, Reed’s financial wind up figures for 2013 and also in that document their comparison with the group’s 2012 figures. Even to a numbers illiterate like myself it’s fairly obvious that Lexis Nexis may well be generating some revenue but profit margins are negligible. Lexis capital expenditure compared to the other members of the Reed Group is also way out of whack as we’ll discover.

So first up …..

Revenue
Legal Year to 31 December 2013
2013  £m 1567
2012 £m 1610

Change Constant Currency -4%
Change Underlying +1%

Revenue is up, . . . [more]

Law firm governance is rarely considered a topic worthy of a “60 Minutes” investigation. This might not be the case for long.

I’ve been tracking the fallout from the demise of Dewey & Leboeuf, a legendary (and bankrupt) global law firm that allegedly veered so far away from sound governance that several members of its executive team are now facing criminal charges and civil suits.

It’s a fascinating and sad story from so many angles. But the one that most intrigues me is how blind the firm’s leaders were to reputational risk.

Reputational risks threaten a firm’s ability to . . . [more]

Press Release from London this morning

London, United Kingdom: 1 April 2014 – Janders Dean is pleased to announce the launch of the ShockLaw© wearable time management technology solution for law firms and lawyers – featuring the Bill-IT© bracelet with LawyerShock© vibration technology, the ShockLaw© Server, and associated mobile device monitoring apps.

In an age when the ‘Internet of everything’ is dominating technology development, Janders Dean is leading the market with the introduction of the ShockLaw© wearable platform – and showing true thought leadership with the product’s integration both across the lawyer’s workplace surroundings, and also across software applications being . . . [more]

All of the student societies at Ontario’s seven law schools have agreed to participate in a newly formed Law Students Society of Ontario. At the moment the LSSO website contains only the following press release:

In the US, Lexis has a “Think Like a Lawyer” campaign aimed at law students with the social media element #BeUnprecedented. There are some interesting terms with student use of academic passwords that are not found in Canada.

For 1Ls and 2Ls, your law school Lexis Advance® ID continues to provide access to our legal research tools all summer long. Use it to look good inside a firm, or prep for the classes to come.

The LexisNexis Canada online products terms of use at section 2.5.5 limits academic use to “that directly related to academic coursework required by the academic . . . [more]

Here are excerpts from the most recent tips on SlawTips, the site that each week offers up useful advice, short and to the point, on technology, research and practice.

Technology

Computers Running Windows XP SP3 or Office 2003 Must Be Updated Immediately
Dan Pinnington

I have harped on this before, but nothing like a pending deadline to spur the procrastinators amongst us into action…
As of April 8, 2014, Microsoft will cease supporting Windows XP SP3 (Service Pack 3) and Office 2003 (SP3). After this date there will be no new security updates, non-security hotfixes, free or paid assisted . . . [more]

When I was working on my masters of library and information studies degree it was (and may still be) fashionable for libraries to discontinue use of formal classification schemes (like Dewey, Library of Congress, or my favourite KF Modified) and switch to a bookstore model of organization by topic. This was described as being an improvement over other options because the majority of people using libraries don’t understand what the numbers mean, and this helps them find books on subjects they are interested in without having to learn the scheme first. Of course there were both those . . . [more]

I am a firm believer that when an employer is aware that an employeee suffers from a physical or mental disability, it must take all steps to accommodate them to the point of undue hardship. It’s settled law and it’s the right thing to do morally. I have coached clients on countless occassions to ask questions about potential disabilities and not just ignore an employee’s potential issues just because they aren’t bringing them to the fore and not focus only on performance management or discipline.

However, what happens when you do ask all the questions and the employee denies having . . . [more]

Earlier this month Microsoft’s privacy policies became the focal point of a controversy about the right of cloud providers to access their customer’s data. The controversy, and Microsoft’s subsequent response, may create a precedent that will influence terms of service for cloud providers going forward.

Briefly, the controversy erupted when it was revealed that, in the process of investigating a potential leak from one of its employees, Microsoft accessed the Hotmail inbox of a blogger that it suspected was the recipient of the leaked, internal Microsoft documents. While Microsoft was within its rights to do so under its terms of . . . [more]

Many law firms manage their trust and regular bank accounts on the Internet, and some firms have the ability to initiate various banking transactions online, including account transfers and wiring funds. While the convenience and efficiency of online banking are huge benefits, the downside is that online banking exposes you to security risks. The steps outlined below will help law firms to understand, address and reduce online banking risks – for both your firm and personal accounts.

Know and understand the terms of your banking agreements: As a starting point, carefully read your bank account and electronic banking services agreements. . . . [more]

Registration is now open for the 2014 edition of the New Law Librarians’ Institute. This is an intensive, week-long program aimed at developing skills in the key competencies of law librarianship developed and presented by the Canadian Association of Law Libraries.

The program will feature expert instruction from leading law librarians and law professors, small class size, a mix of lectures and practical sessions, hands on sessions, and valuable take-home materials. This year the Institute will be held at the Brian Dickson Law Library, University of Ottawa with accommodation in the university’s residences.

Despite the name, this program . . . [more]

“Why is the ‪@LawsocietyLSUC donating to political parties? Why is my membership fee used to support the Conservatives.” This tweet by Ottawa criminal defence lawyer Michael Spratt caught my eye on an otherwise slow Tuesday in February. It had never crossed my mind that the Law Society might be in business of making political donations. The concept seemed strange, if not a bit troubling.

The tweet linked to an article published in the Law Times just over a week earlier on February 10, 2014. Although mostly detailing Elections Ontario data about donations made by law firms to political parties, the . . . [more]