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2024 Law Firm Technology Trends to Be Aware Of

CARET Legal

The application of AI in law firms is multifaceted, ranging from research and predictive analysis to document management and task automation. It not only saves time but also enhances the accuracy of legal research, contract review, and document drafting.

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Will AI Replace Lawyers? 4 Expert Opinions

MyCase

AI has already begun to make its mark in the legal industry. In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. Areas AI Can Enhance 1. AI will better equip us to support our attorneys.

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Legal Technology—Trends and Options to Choose From

MyCase

Legal accounting software . Client intake and lead management software. Legal research . Implementing just one of these new legal technology tools can help improve your practice. Gartner predicts that by 2024, in-house legal departments will automate 50% of legal work involved in corporate transactions. .

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What is a Litigation Paralegal?

Paralegal Bootcamp

But according to GlassDoor , the 2024 median salary for a paralegal is $69,000. According to the Bureau of Labor Statistics , the 2022 median salary for a paralegal was $59,200. Remember that those salaries are medians – the middle of the road between the bottom and the top salaries.

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Streamlining Legal Practice: The Power of Simplifying Workflows in 2024

CosmoLex

Streamlining tasks with the goal of creating operational simplicity will help your firm make 2024 its most productive, lucrative year yet. Inefficient document management often leads to wasted time as employees attempt to locate and retrieve important documents. Looking for even more law firm productivity tips?

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The Impact of AI for Lawyers: Benefits and Challenges

MyCase

According to our 2024 Industry Trends Report , only 27% of legal professionals are currently utilizing generative artificial intelligence (GAI), but its adoption is expected to surge, with 73% planning to incorporate it into their workflows in the coming year. Let’s explore some of the top benefits AI can have in legal firms.

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

LawSites

Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. 14-17, 2024, in Chicago. This release is scheduled for January 2024. Our goal is to serve 2-4 cases per month by the end of 2024, with the projected revenue of $2-4M/year.