The Business Savvy GC

/The Business Savvy GC

Legal Data in the Driver’s Seat at Microsoft

2019-08-22T18:05:32+00:00

Legal Data in the Driver’s Seat at Microsoft Microsoft has agreed to join a growing coalition of legal departments looking to standardize legal data for machine learning environments More and more legal departments are talking about making data-driven decisions with their outside counsel Bodhala does precisely that with the power of our industry-leading data set [...]

Legal Data in the Driver’s Seat at Microsoft2019-08-22T18:05:32+00:00

The Story of the Story: How Bodhala Shaped a Groundbreaking WSJ Analysis

2019-08-15T20:58:06+00:00

The Story of the Story: How Bodhala Shaped a Groundbreaking WSJ Analysis TL;DR: Leaning heavily on Bodhala data that exposed trends around law firm rates and accelerating shifts in law firm partnership models, a WSJ analysis highlighted the rapid weakening of partnership at Big Law firms. It’s been replaced by a culture where, in the WSJ’s [...]

The Story of the Story: How Bodhala Shaped a Groundbreaking WSJ Analysis2019-08-15T20:58:06+00:00

Four Rules for the Rest of Us: Overcoming Hazards When Managing Your Outside Counsel

2019-06-28T13:09:40+00:00

Four Rules for the Rest of Us: Overcoming Hazards When Managing Your Outside Counsel It shouldn’t take feats of strength to cut legal spend. Seinfeld introduced America to various character studies on neurotics; chief among those was George Costanza, King of the County. New clients sometimes come to us like George, in some level [...]

Four Rules for the Rest of Us: Overcoming Hazards When Managing Your Outside Counsel2019-06-28T13:09:40+00:00

Everybody Hurts: 5 Pain Points The Modern General Counsel Faces

2019-03-23T12:29:55+00:00

Everybody Hurts: 5 Pain Points The Modern General Counsel Faces Identifying the problems is the easy part, smart strategies to overcome them is what makes great leaders. My formative years were influenced heavily by Athens, Ga.-based rock band R.E.M. Fronted by the unmistakable Michael Stipe, R.E.M. got me through some ups and downs in [...]

Everybody Hurts: 5 Pain Points The Modern General Counsel Faces2019-03-23T12:29:55+00:00

Bodhala CEO Raj Goyle Speaks with Rhys Dipshan of LegalTech News

2017-09-22T20:34:31+00:00

Raj Goyle recently spoke with LegalTech News about data and AI in the shifting legal sphere. Attorneys have turned to artificial intelligence to reduce costs in tasks like e-discovery, contracts and due diligence. But more recently, AI has been getting to the heart of the matter, fueling legal spend analytics platforms that help law firms and legal departments better understand and change their spend habits. [...]

Bodhala CEO Raj Goyle Speaks with Rhys Dipshan of LegalTech News2017-09-22T20:34:31+00:00

Bodhala CEO Raj Goyle Sits Down With Above The Law

2017-06-13T02:22:06+00:00

Joe Borstein recently interviewed Raj Goyle at Above the Law about Bodhala and the evolving legal space.  Here is an excerpt: A complete lack of data hurts the legal profession and the market. Bodhala has used data in innovative ways –saving a client $1.2M per year by allocating its spend more efficiently, helping a major [...]

Bodhala CEO Raj Goyle Sits Down With Above The Law2017-06-13T02:22:06+00:00

“It’s The Firms’ Fault”: GCs, You Can No Longer Rely on This Excuse For The Lack of Diversity In Your Outside Counsel

2017-03-01T22:34:08+00:00

Law firms remain painfully not diverse at the most senior levels, as we have discussed in a prior post. Despite decades of bar association statements, this pitiful state of affairs remains.  No one - whether in-house or outside counsel - has taken ownership to drive change, and consequently law has remained the the least diverse [...]

“It’s The Firms’ Fault”: GCs, You Can No Longer Rely on This Excuse For The Lack of Diversity In Your Outside Counsel2017-03-01T22:34:08+00:00

Want to Succeed As General Counsel? Boards and CEOs Are Looking For Business Leaders Who Happen To Have Legal Experience

2017-02-28T04:05:26+00:00

As corporate clients continue to work to reduce legal costs, general counsels are expected to take on a new role in addition to that of top lawyer: business leader. Indeed, many general counsels are now being hired for their “business judgment as well as legal skills.”  When recruiting Julie Sweet from Cravath Swaine, the then-Accenture [...]

Want to Succeed As General Counsel? Boards and CEOs Are Looking For Business Leaders Who Happen To Have Legal Experience2017-02-28T04:05:26+00:00

Wanna Be A GC Some Day? Read This. The Qualifications Are Changing.

2017-02-21T22:39:43+00:00

Historically, JD-MBA grads have gone into Corporate America, finance, or consulting, using their legal background as a support in their business careers. But we predict that the next generation of GCs at major corporations will be JD-MBAs. We are starting to see this happen. For example, the new GC of State Farm, Steve McManus, has [...]

Wanna Be A GC Some Day? Read This. The Qualifications Are Changing.2017-02-21T22:39:43+00:00

Dear GCs: The Business Thinks You Are Throwing Away The Company’s Money

2017-02-21T22:40:22+00:00

Admit it.  GCs have few friends when the company budget is being discussed.   Everyone thinks the GC is giving money away to his or her former law firm. When the legal department is seen as a cost center, even GCs who are lawyer’s lawyers spend too much of their time playing defense on costs. This [...]

Dear GCs: The Business Thinks You Are Throwing Away The Company’s Money2017-02-21T22:40:22+00:00