Posterous theme by Cory Watilo

As the legal market consolidates, it should look to the cloud to make mergers more seamless

By joining forces, small law firms hope for access to more-lucrative deals and to retain existing clients. For larger firms, combinations offer ready-made regional offices or expanded practices. Building new practice areas within a firm is too costly these days, legal experts say. And hiring individual partners has had mixed results.

... [however]
Law-firm combinations are complex, risky propositions. The costs of integrating new employees, real estate and computer systems might not offset hoped-for gains from increased billable hours, access to more business, or economies of scale. Alliances also can founder over how much partners are paid or which lawyers will hold the reins in the new firm. Partners peel off for greener pastures, sometimes taking clients with them, after a merger. Conflicts between clients can emerge when the rosters of two law firms are combined.

Law firms, big and small, are merging. The value in consolidation is primarily on the revenue side -- they're able to serve more clients, and serve their existing clients more comprehensively. However, mergers aren't without their costs. What only gets mentioned in WSJ's coverage of this phenomenon is the costs of combining information systems.

The plodding, proprietary document management systems used in law firms don't lend themselves to easy adoption and integration when two firms merge. This is yet another reason that firms should look to cloud-based solutions like Ridacto. There is no "integration" with cloud-based solutions, and firms don't have to worry about throwing away server banks or software licenses. Cloud solutions are light-weight, flexible, and cost-effective.

Google search and baby names

In our still-budding digital world, where public and private spheres cross-pollinate in unpredictable ways, perhaps it’s not surprising that soon-to-be parents now routinely turn to Google to vet baby names. A quick search can help ensure that a child is not saddled with the name of a serial killer, pornography star or sex offender.

But what’s new is the level of complexity that Google and other search engines have brought to the name game. Some parents want names that are unique so their child will rise to the top of future search results. Others want names that are uncommon enough to bestow uniqueness, but not so exotic that they would be considered weird on the playground. A rare few want their child’s name to get lost in a virtual crowd.

That a search for your child's name brings up a porn star speaks not to your bad choice in names, but rather to how unsophisticated Google's search algorithm is today. I hope, by the time it matters for 2.0, Google search, or whatever the next great information discovery company out there is, will get relevance, rather than me searching for it.

Jobs, the Onion, and uncertainty

If anything crystalizes our world where the technology gets smarter, and people feel at a loss, it's this piece. Damn the onion is good,

Last American Who Knew What The Fuck He Was Doing Dies

October 6, 2011 | ISSUE 47•40

CUPERTINO, CA—Steve Jobs, the visionary co-founder of Apple Computers and the only American in the country who had any clue what the fuck he was doing, died Wednesday at the age of 56. “We haven’t just lost a great innovator, leader, and businessman, we’ve literally lost the only person in this country who actually had his shit together and knew what the hell was going on,” a statement from President Barack Obama read in part, adding that Jobs will be remembered both for the life-changing products he created and for the fact that he was able to sit down, think clearly, and execute his ideas—attributes he shared with no other U.S. citizen. “This is a dark time for our country, because the reality is none of the 300 million or so Americans who remain can actually get anything done or make things happen. Those days are over.” Obama added that if anyone could fill the void left by Jobs it would probably be himself, but said that at this point he honestly doesn’t have the slightest notion what he’s doing anymore.

Elizabeth Warren's quote and the failure of civics education

"There is nobody in this country who got rich on his own. Nobody. You built a factory out there, good for you.

But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police and fire forces that the rest of us paid for. You don’t have to worry that marauding bands would come and seize everything at your factory…

Now look. You built a factory and it turned into something terrific or a great idea…God bless! Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.” - Elizabeth Warren

 

People are pretty excited about this statement. Which is great, but also highlights the pitiful state of American history and civic education. That the success of our society and economy is dependent on government shouldn't be revelatory... it should be the ground floor from where all political discussions start.

What story will make us care that the rich are getting richer?

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I've seen versions of this graph for years now. The gap between the rich and poor is, without question, growing in America.

But beyond re-printing economic graphs, we seem incapable of interrogating what this disparity in wealth means. News outlets, themselves economically fragile, can't and won't. Advertisers are hard enough for publishers to retain, without questioning the wealth of those readers who are actually worth anything for those advertisers. The mass media business model is collapsing, being replaced by content strategies tailored to specific, consumer demographics. One victim of this shift is public-interest journalism that looks out for the interests of the "masses".

And sadly, public and non-profit journalism is even more reliant on the wealth of the mega-rich than commercial media. Can they really be trusted to systematically question how these same donors are essentially stealing from Americans working class?

But news media has rarely been good at reporting on systematic injustice, even when their coffers were flush. Should we be looking to artists and community leaders to tell the story of the wealth gap?

Mac App Recommendations (for @mattrod)

These are the apps I use the most. Bolded apps are free.

Information Capture/Management/Collaboration:
  • Evernote It took me a while to integrate Evernote into my workflow, but now I love it. Great for capturing research for a book any other kind of big project. Even better when you have an iPad.
  • Dropbox
  • Excel 2011 / Numbers / Google Docs Google Docs spreadsheet is good enough for lightweight, personal use. 
  • Stickies
  • OmniOutliner - I have a love hate relationship with Outliner. Use it a ton, despite the fact that it's not collaboration/export friendly
Productivity
  • OmniFocus or Equivalent - There are a lot of players in this space. I use OmniFocus and like it, but could have probably gotten by with something simpler and less expensive (I got in on it early, for a discounted price).
  • Freedom - You could just turn off your WiFi, but if you're as easily distracted as I am, you need the heavy guns.
  • JumpCut - HUGE! I can't live without this simple, but powerful clipboard application.
Writing/Presentation
  • Word 2011 or Pages
  • PowerPoint or Keynote
  • TextWrangler 
  • JDarkRoom - Good, free tool to test out whether "distraction-free" writing is for you. The document management is a little archaic with this java app, so it might not be a viable full-time tool
Image Editing/Production
  • Preview
  • OmniGraffle - I love OmniGraffle, but it's not super compatible with other programs
  • Skitch Screen capture, recently bought by Evernote
  • Photoshop - There are a lot of very good, lightweight alternatives to Photoshop. But Photoshop does kick ass.
Audio
  • Audio Hijack Pro
  • Audacity
  • Garageband
  • Spotify
Video
  • Handbrake - Only useful if you have a DVD drive
Other
  • Skype
  • Twitter
  • Transmission - Don't steal copyrighted media

Steve Jobs and Market Testing (for @philomath)

“The big thing about Steve Jobs is not his genius or his charisma but his extraordinary risk-taking,” said Alan Deutschman, who wrote a biography of Mr. Jobs. “Apple has been so innovative because Jobs takes major risks, which is rare in corporate America. He doesn’t market-test anything. It’s all his own judgment and perfectionism and gut.” - NYTIMES