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Tag Archives: capitalization tables
Is Software-as-a-Service (SaaS) now the Norm for Legal Applications?
My knee-jerk response to this question is an emphatic “yes.” This year marks my 10th year at Two Step Software, and it’s amazing to see how legal software products – including our own product, Corporate Focus – have evolved during … More
Still Using Spreadsheets for Capitalization Tables? Here are 5 Good Reasons to Stop.
I was at a law firm the other day listening to three attorneys debate whether their spreadsheets were a satisfactory tool for doing their transactional clients’ capitalization tables. The first attorney (we’ll call her Susan) said that her spreadsheets were … More
Equity Management: Easy as 1-2-3
As the founder of Two Step Software, I’ve been asked numerous times how to simplify the many complex aspects of equity management. When we developed our online system 15 years ago, our goal was to use a database application to … More
When It Comes to "Standard" Legal Services Like Equity Management, Clients Want More for Less
In his keynote address at the International Legal Technology Association’s 2009 conference, Richard Susskind, one of the leading legal thought futurists and author of the book “The End of Lawyers,” presented the simple point that law firm clients “want more … More
The Billable Hour is Still Under Attack — How Will Your Law Firm Respond?
On my way to the International Legal Technology Association’s 2009 conference, I read the Wall Street Journal’s front-page article, “Billable Hour Under Attack – In Recession, Companies Push Law Firms for Flat-Fee Contracts,” with great interest. The initial talk about … More
Corporate Hygiene: It's Kind of Like Brushing Your Teeth, But with a Different Kind of Payoff
Let me ask you a question: Do you brush your teeth every day? Or just the week before a dental check up? Imagine if the only time your teeth were brushed was twice a year at the dentist. It wouldn’t be a … More
Can Law Firms Really Simplify FAS 123R Reporting for CFO Clients? Think One Shared System.
Corporations depend on their CFOs to report “the numbers” each period. But what happens when these numbers are based on data that’s being tracked at the company’s law firm instead of internally? When a company is initially formed, all of the … More
What If Obama Promised to Mandate Online Legal Records?
A few days before his inauguration, Barack Obama told John King on CNN: “Here’s the good news … we have a lot of investment in making the health care system more efficient. Just a simple thing like converting from a … More
