Legal Management Talk Legal Management Talk

Why is change such a tough thing to manage in firms (well, for people in general)? We delve into that question in this episode. Catherine Alman MacDonagh, JD, the Founder of Legal Lean Sigma Institute and a member of ALA’s Professional Development Advisory Committee, discusses steps for managing change, the importance of creating small change “wins,” how to avoid change burnout and more. Plus, we leave on a positive note about how to feel hopeful about changes. 

What can penguins teach us about instituting change at your firm? Shaun Jardine, lawyer and author of Ditch the Billable Hour, and his sidekick Declan the Penguin answer that question through the lens of shifting your billing method to value-based pricing (VBP). VBP can be a good way to consolidate the many different billable hour policies attorneys have while offering clients the quantity and quality of service they desire. We also talk about managing mindset changes and how billing policies can affect other key areas of legal administration, such as succession planning and recruiting young talent. 
Speaker Bio: 
As a lawyer and former Chief Executive Officer of a Top 250 UK law firm, Shaun Jardine has insight into what makes firms and their staff tick. He is the author of Ditch The Billable Hour! Implementing Value-Based Pricing in a Law Firm, which was published in January 2024. Jardine founded Big Yellow Penguin in 2021 with the aim of encouraging and helping lawyers and law firms to adopt practices, including value-based pricing, that will make their futures more secure — both financially and operationally — and enjoy practicing their craft again.

In Part 2 of our conversation with Kriti Sharma, Chief Product Officer of Legal Tech at Thomson Reuters, we talk about the questions you should ask when choosing AI software to use at your firm, what the regulation landscape looks like and how AI will change the future of talent recruitment.

Speaker Bio

Kriti Sharma is Chief Product Officer of Legal Tech at Thomson Reuters, focusing on leveraging technology to transform professional work. Sharma was named in the Forbes 30 under 30 list for advancements in technology. She is a Google Grace Hopper Scholar and a winner of the Google Women in Engineering Award. Her TED talk has been viewed more than two million times. In 2017, Sharma founded AI for Good UK, an organization that's using AI and data to help solve some of the toughest global challenges of our time.

In the first of our two-part conversation with Kriti Sharma, Chief Product Officer of Legal Tech at Thomson Reuters, we discuss some of the latest ways artificial intelligence (AI) is evolving in the legal space, such as by simplifying research and administrative tasks, as well as how to avoid some of the common AI pitfalls like hallucinations. But don’t worry! The robots aren’t taking over our jobs just yet. After all, they still need us to tell them what to do. Stay tuned for Part 2 coming soon! 
Speaker Bio 
Kriti Sharma is Chief Product Officer of Legal Tech at Thomson Reuters, focusing on leveraging technology to transform professional work. Sharma was named in the Forbes 30 under 30 list for advancements in technology. She is a Google Grace Hopper Scholar and a winner of the Google Women in Engineering Award. Her TED talk has been viewed more than two million times. In 2017, Sharma founded AI for Good UK, an organization that's using AI and data to help solve some of the toughest global challenges of our time. 

No attorney wants to think about what happens when they stop practicing, but it’s crucial to have those conversations now. Debbie Foster, Partner at Affinity Consulting, joined Legal Management Talk to discuss how to bring up those difficult conversations and why it’s important to not only your firm, but your clients, to have a solid plan in place in case a lawyer retires or has to stop working.

Speaker Bio:

Debbie Foster is a nationally recognized thought leader on management, efficiency and innovation in professional legal organizations. Her 20-plus years of experience — combined with a mix of strategic management and strong leadership skills — has enabled her to work with law firms and legal departments to help them navigate the ever-changing legal services delivery landscape. Foster has been working with law firms and legal departments since 1995, earned her Lean Six Sigma Certification and is relied on by firms all over the country as a management consultant.

2023 has been an exciting year for LMT, and we wanted to celebrate by compiling some of our favorite moments from the year’s episodes. Check out snippets from our conversations that covered legal ops, mental wellness, AI and much more. If you want to hear more from these episodes and others, be sure to go to alanet.org/podcast, ALA’s Youtube channel, or download episodes wherever you get your podcasts. And please subscribe to our Youtube channel so that you can get notified every time a new episode drops. Thanks for watching and listening! Have a Happy New Year, and stay tuned for all new episodes in 2024!

Featuring clips from episodes:
Understanding Legal Ops with Tom StephensonCan AI Make Your Firm More Efficient? with Hamid KohanA Peek Around the Corner with PDAC: Imposter Syndrome in Legal (and Life)Mental Health: Shifting the Conversation from Stigma to SupportBuilding an Inclusive Workplace with Terry IsnerBecoming a Certified Legal Manager with Rita Nielsen, CLM, PHR, SHRM-CP