Photo by Mark König on Unsplash

Transparency is coming to B2B commercial contracts


Markets have evolved dramatically over the centuries with the world moving from traditional markets like souks and bazaars to eCommerce.  The differences in efficiency between the two are staggering with buyers and sellers now enjoying faster transaction cycle times, lower administrative costs, and, most important, greater value derived from their purchases and sales.  A number of factors contribute to this development.
Continue Reading Competition based on better commercial contract terms (211)


The data exist to make legal education measurably better.


Figure 1 above uses data from the 2020 Law School Survey of Student of Engagement (LSSSE) to visualize 10 average score “distributions” based on responses from 12,969 law students at 68 participating U.S. law schools. The distributions are at the law school level. Thus, for all ten measures, each participating law school’s average score exists somewhere within the orange-yellow-grey-blue-green distribution.  The grey is the fat part of the underlying bell curve (25-75th percentiles).  In addition, each Figure 1 measure maps to one or more of the ABA’s Accreditation Standards (see references in brackets).
Continue Reading What is an excellent legal education? Answers based on data (193)


Fortunately, there are treatments.


If you work in the legal industry, the above graph from Thomson Reuters’ 2020 Report on the State of the Legal Market should terrify you. What it shows is an industry steadily sliding towards obsolescence, not because the need for legal services is declining but because hiring a lawyer is becoming


It’s also compounding racial inequality. The story in ten charts.


My fundraising work for the Institute for the Future of Law Practice has required me to delve into the equities of modern legal education, particularly around the debt loads and employment prospects of historically underrepresented groups.  This is because virtually all potential benefactors want diversity


Lawyers and allied professionals in their own words.


The title of this article is based on an open-ended question presented to more than 3,800 professionals who responded to ALM Intelligence’s recent Mental Health and Substance Abuse Survey (ALM Survey).

Granted, this is a population of very busy people, so not everyone took the time to