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Article: Knowledge management lacks full integration into law firm structure: survey shows that, while firms view KM as important, it's a challenge to implement initiatives.
- Article from:
- Information Outlook
- Article date:
- April 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Special Libraries Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knowledge differentiates a law firm from its competitors. Knowledge management is about leveraging that differentiating asset so that a law firm leads, and breaks away from, its competitors.
Knowledge management is the leveraging of your firm's collective wisdom by creating systems and processes to support and facilitate the identification, capture, dissemination and use of your firm's knowledge to meet your business objectives. It's about recognizing that practicing law is a knowledge-based profession--and managing your knowledge is key to managing your business. In essence, knowledge management is about working smarter.
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