“A Center of Excellence (COE) is a team, a shared facility or an entity that provides leadership, best practices, research, support and / or training for a focus area.”
– Mark O. George (2010), The Lean Six Sigma Guide To Doing More With Less, John Wiley & Sons.
It is no secret that the legal sector is in flux. As clients demand better value for the dollars they spend, firms are taking a hard look at how they do business; analyzing their organizational structure, and evaluating the way services are delivered with an eye towards process improvement. Out of this structural evolution comes the Modern Law Library.
The top challenges facing law firms today has little to do with actually practicing law. As costs and expenses rise and revenue drops, law firms are facing major hurdles supporting their everyday business practices. How exactly might the Modern Library help?
By moving towards a COE approach, the Modern Library can provide “sufficient and easily accessible legal and business research” so that decision makers have intelligence to make informed decisions for positive results. Still providing research services, the Modern Law Library embodies evolution, innovation and collaboration.
Where to begin?
A Feit Modern Library Audit evaluates the utilization of personnel, internal processes, technology, legal information contracts and overall support to assess and identify new roles the library might consider within their Firm. Presented are clear recommendations specific to your firm/organization with the goal of saving money, improving efficiencies, and maximizing the utilization of resources.
What better way to start the New Year than with resolutions for improvement. Is it time to consider transitioning your library to a Modern Library and towards a Center of Excellence?
Contact a Feit Advisor for an initial conversation on what this means for your Firm.