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Most innovative North American law firms 2014: Business of Law

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RANK
Law firm
Score
Originality
Rationale
Impact
Description
StandoutSeyfarth Shaw27999Developed SeyfarthLink, an online tool that enables better client-firm collaboration by improving flows of information.
StandoutMcCarthy Tétrault25898Strategic partnerships with a legal processing outsourcer and an alternative supplier combined with Lean Six Sigma processes, have created efficient delivery models that can save clients up to 30 per cent in costs. Commended: Matthew Peters.
StandoutWeil, Gotshal & Manges24987Analysing daily share price movements for their effects on clients or potential clients has sharpened up the firm's business development activities.
StandoutConduit Law23788The Canadian new-model firm has moved away from the billable hour and traditional models, saving clients as much as 40 per cent on legal fees. Commended: Peter Carayiannis.
StandoutKirkland & Ellis23887A comprehensive database on the private mergers and acquisitions market enables the firm's lawyers to achieve better outcomes for clients.
Highly CommendedCooley22877Interactive website for entrepreneurs that allows them to access the firm's expertise.
Highly CommendedLittler Mendelson22787The Workplace Policy Institute set up by the firm helps represent employers’ interests among lawmakers.
Highly CommendedProskauer Rose22787Smart content marketing allows the firm to deliver vital information on current market practice in initial public offerings and high-yield bonds. Commended: Frank Lopez.
Highly CommendedCadwalader, Wickersham & Taft21786Initiated the Shareholder-Director Exchange (SDX) to create better understanding and avoid the adverse effects of shareholder activism. Commended: Jim Woolery.
Highly CommendedLatham & Watkins21786A unique succession process to choose a new leader embodying the firm's cultural values.
Highly CommendedOrrick, Herrington & Sutcliffe21777A litigation avoidance strategy that helps clients solve company matters in the state legislature rather than the courtroom.
Highly CommendedPerkins Coie21777Established a firm-wide virtual currency practice to work with industry leaders and clients in navigating a new online marketplace.
Highly CommendedSimpson Thacher & Bartlett21786Partnered with US schools Stanford and Berkeley to work toward a better understanding of intellectual property practices, processes and outcomes.
CommendedLatham & Watkins20677A technology-based tool for internal budgeting and project management that has also codified the firm's knowledge.
CommendedLittler Mendelson20677Technological tools that enhance lawyers’ ability to advise employers on how to manage regulatory charges and reduce litigation costs.
CommendedRimon20677Developed internal social network and ideas exchange platform to share legal expertise and billing structures.
CommendedRopes & Gray20677A rapidly set-up new practice area to service private-equity clients dealing with regulatory challenges. Commended: Jason E Brown.
CommendedSeyfarth Shaw20776The research and development department, innovating in service delivery and legal technologies, has handled more than $152m of business in the past 18 months.
CommendedWeil, Gotshal & Manges20776Building up a new business with law firm Thompson Coburn in the for-profit education sector to help companies restructure out of court.
CommendedWhite & Case20776One of the first large firms to harness the power of LinkedIn for business development.
CommendedKirkland & Ellis19676An alumni programme that helps attorneys find new roles with clients when they leave the firm.
CommendedPaul Hastings19676A system that improves efficiency and helps give predictable fee estimates to clients.
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