MyCase

JUNE 5, 2024

The primary aim of artificial intelligence (AI), particularly in the legal industry, is to streamline operations that traditionally require extensive human intervention. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legal services.

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CARET Legal

MAY 8, 2024

In a high-pressure environment where every second counts, managing time poorly can lead to a domino effect of problems that can be detrimental to your firm’s success. As a law firm owner, you’re no stranger to the whirlwind of activities that fill your day. Let’s dive into this together.

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MyCase

AUGUST 18, 2023

In the ever-evolving landscape of law, organization and efficiency remain pillars for success. Without a robust system in place to keep track of it all, the sheer volume of cases, documents, deadlines, and communications can quickly become overwhelming. What Is Legal Matter Management?

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MyCase

APRIL 24, 2024

AI tools like ChatGPT are creating a buzz in the legal field. According to the Legal Industry Report 2024 , nearly one-quarter (24%) of law firms have adopted legal-specific generative artificial intelligence (GAI) tools. They also have known risks, and not managing those risks can lead to reputation-damaging outcomes.

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Attorney at Work

SEPTEMBER 23, 2021

By embracing legal tech, firms are stepping into the future and preserving the integrity and success of their practices. forcing at-home work to extend even further, the legal industry continues to feel the disruption. The good news is that legal tech programs can prove valuable in helping you manage and protect your law practice.

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Attorney at Work

JANUARY 20, 2022

Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. Increasing law practice specialization.

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LawSites

JANUARY 26, 2024

This week brought notable funding rounds for two legal technology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup. More than 5,000 law firms and government agencies currently use its platform to deliver or e-file close to 20,000 documents each month, the company says.

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LawTechnologyToday

JANUARY 31, 2023

We hear a lot about legal technology changing the way law firms operate, but technology doesn’t drive change: it empowers law firms to make the changes they want to make, or that they need to make to stay competitive and grow their businesses. All of that adds up to competing goals in 2023: increase revenues and cut costs.

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CARET Legal

FEBRUARY 19, 2024

There’s one piece of advice that every law firm technology consultant should be giving: Invest in a comprehensive, scalable legal practice management software. Welcome to the digital age, where technology isn’t just a fancy add-on for law firms, but a must-have. Consider the type of law you practice.

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Cenza

NOVEMBER 25, 2020

We’ve compiled a list of some of the best companies in the world that operate in the contracts space and leverage the power of artificial intelligence (AI) and machine learning (ML). AI and ML help increase the speed and accuracy of the various processes within contract management, but at just a fraction of the manual cost.

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CARET Legal

FEBRUARY 23, 2024

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. According to a Goldman Sachs report , AI is expected to automate nearly half of legal tasks in the US and Europe.

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CARET Legal

MARCH 22, 2024

Choosing the right structure is crucial for supporting growth and ensuring long-term success for your law firm. As your law firm starts to grow, the structure of your business becomes increasingly critical. But it also requires you to manage all aspects of the business, from legal work to administrative tasks and business development.

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LawSites

APRIL 6, 2022

The product listings continue to grow in the LawNext Legal Technology Directory , which we launched in February. “LawWurk is a platform for attorneys seeking legal help that introduces them to a network of freelance and independent legal professionals that work at a much lower rate than their traditional counterparts.”

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MyCase

JULY 14, 2023

According to the ABA , as many as four in five attorneys will face a legal malpractice suit during their career. Moreover, the majority of malpractice claims are brought against small law firms. Facing a legal malpractice case can be disastrous for a law firm, both financially and reputationally.

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LawSites

AUGUST 2, 2022

Ever since we launched the LawNext Legal Technology Directory , which debuted in February , I am consistently fascinated to see the products that get added. As closely as I follow legal tech, I always discover products that are new and interesting. Developed by attorneys for law firms. RazorLex , RazorCube and Razor365.

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Paralegal Bootcamp

AUGUST 11, 2022

I made the mistake of going into a deep dive on legal AI the other day and googling “will paralegals be replaced by robots?” It might have been double that, but I had a live webinar I was presenting to a law firm on billable hours. But here’s the thing, legal AI in eDiscovery tools has been around for over a decade.

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MyCase

NOVEMBER 30, 2022

There are few industries that can benefit more from automation than legal. . Running a proficient law firm requires consistent drafting, editing, and sharing of documentation. Lawyers can automate many of these necessary but non-billable tasks by relying on legal document automation software. . Increased Efficiency.

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MyCase

AUGUST 10, 2022

There are even reports that this sentient system may have requested legal representation. . So, how does AI fit into law? How lawyers can use legal AI . The benefits of using AI in law firms. The best legal tools. Legal AI can also be used for legal analysis to compare cases and look for patterns. .

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SimplyLawJobs

JUNE 9, 2021

Our partner The Student Lawyer covers the benefits, challenges and relationships law firms have with consumers and legal technology, by author Elizabeth Adeogun. In this article the growing applicant and use of legal technology will be analysed. The benefits of legal technology . The UK legal market .

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Cenza

AUGUST 25, 2021

The legal industry, as with any other industry, faces tough competition. Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology.

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MyCase

OCTOBER 3, 2023

You need capital to start a new law firm, but how much, exactly? Without setting up the right tools and organizing your law firm from day one, administrative tasks can quickly become unmanageable. Without setting up the right tools and organizing your law firm from day one, administrative tasks can quickly become unmanageable.

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MyCase

SEPTEMBER 21, 2022

New technologies continue to evolve the legal landscape. 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 .

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Knackly

APRIL 18, 2023

Legal document automation software is revolutionizing the way that attorneys and other legal professionals create and manage their documents. This powerful tool simplifies the creation of high-quality, legally sound documents while also removing unnecessary manual labor from the equation.

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CARET Legal

FEBRUARY 21, 2024

While a general retainer agreement can be a great source of steady, predictable income, it’s crucial for law firms to consider the potential challenges and risks. This agreement not only ensures the client’s access to legal expertise but also provides a steady income stream for the firm.

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CARET Legal

APRIL 5, 2024

Lawyer burnout is a significant and prevalent issue in the modern legal profession. However, practice management technology is increasingly becoming a viable solution to curtail lawyer burnout. According to Bloomberg Law , the lawyer burnout rate is alarmingly high with attorneys feeling burned out in their jobs 48% of the time.

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MyCase

JUNE 21, 2022

For most law firms, non-billable administrative work is a necessary day-to-day duty that costs money and valuable time. With law office automation, your firm can automate some of the most time-consuming tasks, including document drafting, client intake, payment processing, and invoice reminders. . What is Law Firm Automation?

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LawTechnologyToday

NOVEMBER 30, 2022

Which Technology Is the Best Fit for Your Law Firm? As with most professional service providers, legal professionals have a tendency to fall into the “If it ain’t broke…” camp. It’s a big part of the reason why many law firms have historically been slow to adopt new technology. The Impact of COVID-19 on Legal Tech .

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MyCase

JUNE 21, 2022

For most law firms, non-billable administrative work is a necessary day-to-day duty that costs money and valuable time. With law office automation, your firm can automate some of the most time-consuming tasks, including document drafting, client intake, payment processing, and invoice reminders. . What is Law Firm Automation?

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MyCase

AUGUST 22, 2022

But there are several ways to practice law. A boutique law firm’s case management process provides a different experience for lawyers and clients. . In this article, we’ll uncover what you need to know about boutique firms, such as: What is a boutique law firm and what is biglaw? What is a Boutique Law Firm?

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LawSites

DECEMBER 12, 2022

This week, my wish came true, in a sense, as I attended what felt like the legal tech world’s answer to Davos or Renaissance. It was the inaugural TLTF Summit , a three-day program convened in Miami by The LegalTech Fund , the first venture capital firm to focus exclusively on legal tech. That description aptly fits the TLTF Summit.

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Attorney at Work

SEPTEMBER 29, 2021

Gone are the days when a law firm might only have a secondary income from a related business, such as a title company. Now, law firms and lawyers are moonlighting as business development consultants, app developers, coaches of all kinds, continuing education providers, and fiction and nonfiction authors.

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LawTechnologyToday

FEBRUARY 12, 2021

Law firms, especially, are areas where tech holds vast potential to revolutionize everything. Too often, law firms lose money in subtle ways. From 2017 to 2018, 68% of tech-oriented law firms were able to increase their profitability. It’s time for all law firms to adjust to this level. Management Software.

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MyCase

SEPTEMBER 29, 2022

If you’ve ever Googled “how to grow my law practice,” you’re not alone. In this article, we’ll cover what you need to know about law firm growth, including: . How to grow a law firm using seven straightforward steps . What Does Law Firm Growth Mean? . Closing more cases . This can take several forms, such as: .

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Paralegal Bootcamp

MAY 20, 2022

I’ve mentioned in previous articles that 43 years ago, the profession of “paralegals” and “legal assistants” didn’t really exist. Legal secretaries absorbed some of what is now considered paralegal responsibilities. I’ll start with what I view as most important, both in life and in legal. Value your legal team.

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Paralegal Bootcamp

APRIL 15, 2022

Applying for your first or early-career legal positions may be a little daunting. In the legal field, floating along to get your foot in the door can result in you being somewhere you didn’t know you weren’t looking for. Or do you prefer close-to-home, no-traffic drama and being out of the midst of the major law firms and courts?

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MyCase

APRIL 29, 2024

For centuries, lawyers have been trusted advisors in navigating the legal system. AI is changing how legal professionals operate, and there’s good reason to leverage its potential. AI is changing how legal professionals operate, and there’s good reason to leverage its potential. What Is the Role of AI in Law Today?

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LawTechnologyToday

APRIL 13, 2021

When law firms switch over to our service from other legal lead providers, we hear about their frustrations with those companies, and the complaints tend to center on lead quality. Below, you’ll find a list of what your legal lead provider should be doing to give your law firm the best chance for success. Live Calls.

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