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LEARN HOW
Eliminate redaction errors
K E Y TA K E - AWAY S
Legal Project Management debt is the accumulation of additional and
unnecessary work and re-work that is caused by a lack of application of project
management principles at each stage of the matter lifecycle.
To prevent Legal Project Management debt leaders need to focus on a set of
core behaviors that increase the chances of successful application of project
management disciplines at each stage of the project lifecycle.
The costs of Legal Project Management debt are real and multi-faceted. Not all of
these are obvious or immediate and the impact is not solely financial in nature.
The operational implications span people, process and technology.
be more costly than envisaged and be
more painful for all involved.
Fast forward a decade and the law
firm of 2030 will not be able to operate
sustainably without LPM as the heart
of its service delivery model. It will be
impossible to decouple LPM from the
normal mode of project delivery. This
means that the lawyer of 2030 will need
a very different toolkit and one which
is finely balanced with the right mix of
technical, business and soft skills. LPM
skills and behaviors are becoming a
hygiene factor, which if not practiced,
will place you and your firm at a
competitive disadvantage vis-à-vis the
completion. It does not need to be like
that. ILTA
Information on this topic was first published
in Law 360 in May 2019., "Getting out of
Legal Project Management Debt."
