Legal Research

"Social Networking Helps Cut Company Legal Fee Costs - How? Read on!"

Posted by Kate: "Social networking is helping companies (specificially corporate counsel) cut legal fees by providing groups and forums for them to discuss and share ideas and answers to legal questions for free.  For instance, on Linked In, there are topic groups that you can subscribe to, like Intellectual Property.  You can then post questions and answer other people's questions.  Human resources professionals are also benefiting.  Of course, there are issues about the lack of attorney-client privilege and there is no privacy to the questions.  However, for general inquiries that are not private (perhaps such as "Where might I find good examples of social networking policies?"), these sites can really help.

Corporate counsel are also trading forms and drafting their own documents before sending them to outside counsel.

To read more about how companies are cutting costs, see this article here, which incidentally, mentions LexisNexis, my employer.

The active link is available at the source site listed below.

Source: Kate's Blog, 25 September 2009

Full post as published by Stark County Law Library Blawg on September 29, 2009 (boomark / email).