LawSites

MAY 3, 2022

Paladin , a legal technology company whose platform enables law firms and legal services organizations to manage their pro bono programs and opportunities, has raised $8 million in Series A funding, which it plans to use to further develop its product and expand its market internationally. .

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LawSites

AUGUST 3, 2023

Particularly controversial is the issue of allowing the delivery of legal services by providers that are not lawyers, as U tah did when it approved sweeping changes in legal services regulation in 2020. Those discussions with the finance committee continue and will be the subject of a meeting next week in Denver.

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LawSites

JANUARY 18, 2024

Eric Bouchard Joins Axiom As Chief Financial Officer Eric Bouchard , formerly chief financial officer at Nestlé Health Sciences, has joined the legal services company Axiom as its new CFO. He previously served in a series of financial executive roles, including as vice president of finance at Bombardier Transportation.

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LawSites

DECEMBER 15, 2021

Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. The financing follows the San Diego-based company’s raise of a $2.5 million seed round in October 2020.

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LawSites

APRIL 11, 2024

Let’s revisit five of the most momentous legal tech fails of the last 10 years. It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a law firm and a technology company. In 2016, legal tech entrepreneur Derek Bluford was riding high.

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LawTechnologyToday

APRIL 25, 2023

From increasing efficiency in proceedings to improving access to justice, these advancements have the potential to revolutionize the legal system as we know it. Many marginalized communities lack access to legal information and services due to financial constraints or geographic barriers.

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LawSites

SEPTEMBER 21, 2022

Lawpath , an eight-year-old Australian company that has become the leading legal document and contract management platform for small businesses in that country, has now launched in the United States to serve American small businesses. million in venture financing, including a $7.5 You might think of Lawpath as similar to LegalZoom.

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LawSites

JULY 19, 2023

“This has been an amazing year of change for legal tech, including at vLex and Fastcase,” said Ed Walters, Fastcase co-founder and the Chief Strategy Officer of vLex. This year’s list of honorees reflects a year of transformation for legal services. Holly Stevens , Chief Data Officer, Legal Services Corporation.

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LawSites

OCTOBER 14, 2022

On the heels of raising an $8 million Series A financing round in May, Paladin , a legal technology company whose platform enables law firms and legal services organizations to manage their pro bono programs and opportunities, has named two legal industry veterans to its board to help it usher in a new phase of growth. .

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LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Specific services Factor will offer firms include: Transaction management. Clients will continue to ask outside counsel to deliver better value. ”

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LawSites

JULY 28, 2021

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.

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LawSites

FEBRUARY 3, 2023

Time by Ping, a company whose product is designed to help lawyers capture time automatically, this week announced that it has rebranded the company as Laurel as it expands beyond the legal industry into serving customers in all fields of professional services, including accounting and consulting. Related: Time By Ping Raises $36.5M

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InHouseOps

JULY 18, 2022

So obviously you know the ins and outs of law firm finances and operations. From that perspective, can you talk about how you all decided to originate this report and how you feel it’s going to impact other industries that have been doing this for a lot longer and at a larger scale than other companies or legal departments.

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MyCase

AUGUST 8, 2022

They may hire these attorneys in-house or retain a law firm that offers SaaS legal services. law schools prepares students to deliver legal services in the 21st century.” . If you’re already practicing law and want to pivot into SaaS legal services, get involved with technology at your current company or firm.

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MyCase

AUGUST 8, 2022

They may hire these attorneys in-house or retain a law firm that offers SaaS legal services. law schools prepares students to deliver legal services in the 21st century.” . If you’re already practicing law and want to pivot into SaaS legal services, get involved with technology at your current company or firm.

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LawTechnologyToday

MARCH 23, 2021

You can find all of the Division’s books in the four core areas of management, marketing, finance, and of course, technology, here. The practice of law imposes certain ethical and professional standards on law firms that other businesses do not face, but at its core, a law firm is a business that provides legal services.

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LawSites

JULY 28, 2021

Corporate counsel might not have the same concept of a ‘deal team’, but they do have the critical relationship between legal and finance. About 20% of in-house legal teams – one in five – say certain legal matters always go over budget, according to the survey. respond to the client.

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LawTechnologyToday

JANUARY 11, 2022

According to the 2021 Legal Trends Report , 81% of consumers prefer to pay their legal fees via a payment plan. Payment plans also make legal services more affordable to clients who would otherwise be unable to pay. If a client can’t pay, they either won’t seek legal services or won’t pay their bill.

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LawTechnologyToday

DECEMBER 20, 2022

As we established above, accepting credit card payments for legal services evokes several ethical rules. LawPay’s legal payment platform lets lawyers separate payments into earned and unearned funds and direct them into their proper accounts. The rules on accepting payments for legal services vary.

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LawSites

DECEMBER 15, 2021

Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. The financing follows the San Diego-based company’s raise of a $2.5 million seed round in October 2020.

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JURIST

JULY 18, 2022

Prior to this, the people’s protests also successfully made the former Prime Minister, Mahinda Rajapaksa, and the former Finance Minister, Basil Rajapaksa “resign” on May 9th and June 9th as well. Hence, what we should say is that “the people of Sri Lanka have successfully made President Gotabaya Rajapaksa resign”.

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Cenza

NOVEMBER 18, 2021

The legal industry is no exception to this prevailing trend, with law firms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage. Early works on AI in legal services can be traced back to 1956 when professor Layman E. Onboarding the right legal AI. About Cenza.

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Attorney at Work

AUGUST 7, 2022

Stop thinking you’re smarter than the finance folks at Netflix when it comes to setting rates. While there are myriad ways to market legal services, digital or otherwise, most lawyers still get the vast majority of their new clients the old-fashioned way: referrals from former clients or other lawyers and professionals.

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Cenza

NOVEMBER 20, 2023

(“KLD”), a leading global provider of electronic discovery, information governance, and data recovery services, today announced the closing of their previously announced acquisition of the business of Cenza Technologies Private Limited (“Cenza”), an India-based alternative legal services provider (“ALSP”).

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CARET Legal

APRIL 24, 2024

The Online Treasurer Online payments have become the norm in the legal industry. They offer a convenient and secure way for clients to pay for legal services, improving client service and streamlining financial management in law firms. Implementing an online payment system in a law firm is a straightforward process.

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Rocket Matter

DECEMBER 19, 2023

Likewise, you should charge a premium for a unique legal service not commonly available in your region. The best way to boost your law firm’s finances is to minimize your non-billable hours and make sure that every hour of your day is accounted for. You’re taking out loans to cover expenses If you have a line of credit (i.e.,

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Conflict of Laws

DECEMBER 3, 2023

Speakers Claudio Matera, Senior Lecturer and Director of EIPA Luxembourg – European Centre for Judges and Lawyers Panagiotis Zinonos, Lecturer at EIPA Luxembourg – European Centre for Judges and Lawyers Sara Iglesias Sánchez, Professor at the Universidad Complutense of Madrid Matthieu Chavrier, Senior Legal Adviser, Legal Service of the Council of (..)

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Rocket Matter

SEPTEMBER 20, 2023

Smart forms help you pre-qualify clients, route inquiries to the right person, ensure legal compliance, and enhance user experience. In short, they make client onboarding smoother and more efficient so you can focus on delivering top-notch legal services. They can also integrate with your CRM. Get free guide See More

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Paralegal Bootcamp

MAY 6, 2022

Paralegals and legal assistants held about 345,600 jobs in 2020. The largest employers of employees and legal assistants were as follows: Legal Services 73%. Finance and Insurance 3%. Obtaining a legal certification or a degree as a paralegal offers an opportunity to seek a variety of career opportunities.

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MyCase

JULY 6, 2022

Setting and efficiently managing key benchmarks will help you spot and correct problems before they significantly affect law firm finance. How Does Financing Differ for Law Firms? For most service-oriented businesses, work is performed, an invoice or bill is issued, and the client/customer immediately pays.

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MyCase

AUGUST 5, 2022

Payment plans allow clients to pay for legal services through installments instead of one upfront sum. It can also enable firms to take on more clients who might not otherwise be able to afford their legal services. Can Lawyers Accept Payment Plans? . Law firms can accept different types of payment plans.

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MyCase

JULY 27, 2021

According to the survey results, the greatest amount of change in 2020 occurred when it came to client service: “In almost all areas, firms improved over 2020 with the biggest gain in Keeping Pace with Changing Needs of Clients (up 9 points from 25%).”

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Blumberg

AUGUST 24, 2021

Payroll can be handled internally, or through an outside service (the latter is recommended if you don’t have prior experience working in finances). Our experienced attorney offers a variety of legal services to help you manage your assets and protect what matters most to you. Gary Handin The Law Offices of Gary I.

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Rocket Matter

MAY 10, 2023

Advances in AI, with the ability to digest large amounts of information and create compelling text, offer massive efficiency boosts for legal services. The best way to boost your law firm’s finances is to minimize your non-billable hours and make sure that every hour of your day is accounted for. Get free guide See More

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InHouseOps

AUGUST 29, 2022

Putting aside beliefs that IT won’t help (“never have”) or Procurement doesn’t “get” Legal (“never will”) and engaging key people in each department could forestall roadblocks down the road. While Legal may own the project or technology, there are few instances where other enterprise teams (e.g., finance, sales, AP, IT, etc.)

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MyCase

SEPTEMBER 29, 2022

This means that they compensate the attorney or firm in order to reserve their services should the need arise. When legal services are required, lawyers may charge additional costs. . An hourly rate is a fixed dollar amount charged for each hour spent on a legal matter. Utilize the Right Tools for Your Firm’s Finances.

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Rocket Matter

JANUARY 17, 2023

You have the funds and mental energy to provide excellent legal services to your clients, while also investing resources in your operations, staff, and future. . Keep an eye on how your finances are doing on a regular basis and take steps to fix any problems before they get worse. Be proactive in managing your cash flow .

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