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Knowledge Management: One Size Does Not Fit All

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KNOWLEDGE MANAGEMENT 19 WWW.ILTANET.ORG | ILTA WHITE PAPER One Size Does Not Fit All: Practice Group KM One Size Does Not Fit All: Practice Group KM by Andrea Alliston and Nicola Shaver of Stikeman Ellio LLP It may be trite, but it is true: One size does not fit all when it comes to knowledge management (KM) in law firms. A decade ago, KM was a simpler realm where broad-brush solutions satisfied the needs of all practitioners. But many traditional KM expectations no longer hold true, and mature KM benefits from maximum flexibility. Just as one philosophy of KM does not hold true across all practice groups in a firm, most content, tools and technologies are unlikely to succeed universally. The needs of different practice groups vary. Regardless of whether you work in a large multijurisdictional firm with diverse practices or a small boutique, your KM strategy and approach should be responsive to your lawyers' particular needs. What types of content do transactional lawyers, litigators and regulatory/ advisory lawyers value? What tools are best suited to help them excel in their work? Transactional Practices Transactional lawyers are focused on best practices, past work product and process; accessing this content when needed is critical. ยป Precedents: The primary content request from transactional lawyers is precedents. Model forms and precedents can encapsulate a firm's best practices and expertise, provide a baseline starting point, and address options, pitfalls and legal analysis to support negotiations. They are also difficult to develop and maintain for three main reasons: TOP CONTENT

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