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Welcome to the Online Document Management & Collaboration blog, by Firmex, an online space to discuss about secure document exchange and collaboration, virtual data room technology and its applications, secure online collaboration for corporations, law firms and finance, M&A trends and news, secure extranets and many other related topics.

You can browse our posts by section, category and author. Be sure to check back often because we are adding new content all the time. Feel free to join the online discussions leaving us your comments. Let us know what you think!


The “why” of a business venture, for Sinek, is not simply the act of making money; rather, it points more to a cause, vision or purpose. He says most of us in our daily lives are pre-occupied by the “what” and the “how” – but are not driven by “the why.” I think Sinek’s correct – we spend much of our time just “getting work done” and don’t remind ourselves of “why” we even care to do it.


I watched an interesting talk by Simon Sinek on what makes certain companies or people achieve greatness.  To explain his thesis, Sinek makes a very important distinction in defining what it takes to achieve entrepreneurial success: some people know “what” they do, some people know “how” they do it, but few people consider “why” they do it.

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Joel Lessem Leave a comment Cloud Computing, Corporate & Finance, Legal, virtual data room

Nicole Black

iPad Apps for Attorneys

By Nicole Black June 22, 2010 at 6:36 am

Today, let’s explore a few other apps made specifically for the iPad that lawyers can use in their day-to-day practice.


I recently discussed useful iPhone apps for lawyers and a while back I explained how I thought lawyers might use iPads in their law practices. Specifically, I noted that iPad apps with annotation capabilities for pdfs would likely be some of the most popular with attorneys.

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Nicole Black 2 comments Industry Trends, Legal


There is a strong correlation between the electrification of industry, a hundred years ago and the cloud computing industry today.


In 2008 Nicolar Carr published a bestseller called “The Big Switch: from Edison to Google,” it’s central thesis being the strong correlation between the electrification of industry, a hundred years ago and the cloud computing industry today.

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Joel Lessem Leave a comment Cloud Computing, Corporate & Finance, Industry Trends, Information Management, Legal, SaaS

Nicole Black

iPhone Apps for Lawyers

By Nicole Black June 15, 2010 at 6:06 am

Since my last post on the iPhone, the intelligent device is becoming an increasingly popular phone with lawyers, especially small firms and solos. One of the reasons for its popularity is the large number of law-related apps that are available–and more are available every day.


Since my last post on the iPhone, the intelligent device is becoming an increasingly popular phone with lawyers, especially small firms and solos. One of the reasons for its popularity is the large number of law-related apps that are available–and more are available every day.

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Nicole Black 1 comment Industry Trends, Legal

Joel Lessem

Is Firmex a Product or a Service?

By Joel Lessem June 10, 2010 at 5:08 am

What I have learned is SaaS business forces you to focus on service. If a SaaS customer is not happy with your company’s support, s/he can “unsubscribe” with far less difficulty than if s/he was dealing with a locally installed system.


When I first went to trademark Firmex virtual data rooms as a software company, the trademark attorney told me that to trademark us as a product company I had to physically be able to “ship” something.  “Send us a copy of your product on a disk with packaging.”  My reaction was “huh?” – We have the internet – we don’t “ship” software on FEDEX trucks anymore, we let the internet take care of the distribution.  According to the Trademark office, then, you’re not a software product company,  you are a service company.

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Joel Lessem Leave a comment Cloud Computing, SaaS, Virtual Data Room - FAQ, virtual data room