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Why Do Lawyers Need to Keep Up with Legal Technology?

LawTechnologyToday

Change is afoot in a legal sector known for its traditional working practices. The latest in legal technology may seem overstated to some. However, it is abundantly obvious that many legal technology solutions are already significantly improving the lives of attorneys.

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Legal Technology—Trends and Options to Choose From

MyCase

In this guide, we’re breaking down what attorneys need to know about legal technology, including: . A brief overview of legal technology . Different types of legal technologies and their benefits . Emerging legal technology trends to prepare for . What is Legal Technology? .

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Despite All the Hype Over CLM Software, Most Companies Don’t Use It to Manage their Contracts, Survey Finds

LawSites

One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis. CLM adoption lags.

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This Week’s Latest Additions to the LawNext Legal Technology Directory

LawSites

The product listings continue to grow in the LawNext Legal Technology Directory , which we launched in February. “NextChapter provides all the tools and resources to run your entire bankruptcy practice in the cloud, on one system.” ” CobbleStone Contract Insight. ” CobbleStone Contract Insight.

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2024 Law Firm Technology Trends to Be Aware Of

CARET Legal

AI is expected to automate nearly half of legal tasks in the US and Europe. Several legal technology trends are set to reshape how law firms operate. The application of AI in law firms is multifaceted, ranging from research and predictive analysis to document management and task automation.

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How Law Firms Are Using AI: Quick Case Summaries and More

CARET Legal

By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal professionals work but also redefining outcomes. Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics.

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Pandemic Accelerated Tech’s Importance, But Firms Remain Poorly Prepared for Tech Future, Survey Says

LawSites

More than three-quarters of those who responded to the survey identified two trends as having the biggest impact on their organizations over the next three years: the increasing importance of legal technology and the increasing volume and complexity of information. Contract management. Case/matter management.