MyCase

JULY 14, 2023

According to the ABA , as many as four in five attorneys will face a legal malpractice suit during their career. Facing a legal malpractice case can be disastrous for a law firm, both financially and reputationally. What is Legal Malpractice? What Are the Elements of a Legal Malpractice Case?

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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. Still, the efficiency benefits of AI software for lawyers are compelling.

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MyCase

AUGUST 10, 2022

There are even reports that this sentient system may have requested legal representation. . How lawyers can use legal AI . The best legal tools. Natural language processing (NLP) – A computer system with the ability to interpret written and spoken language, can be used to analyze contracts and flag problematic sections.

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Attorney at Work

SEPTEMBER 29, 2021

Many lawyers dream of pursuing writing as a side hustle. As these three lawyers show, there’s more than one way to make it work. . 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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CARET Legal

APRIL 8, 2024

The relentless pursuit of billable hours in the legal profession often leads to overwork and burnout, undermining lawyers’ well-being and job satisfaction. On one hand, it’s a measure of a lawyer’s productivity and a key revenue driver for law firms. It can lead to stress, burnout, and a work-life imbalance.

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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. This is the second big raise in under a year for the company, formerly known as Rally Legal. million Series B funding round. Last May, it raised $10.9

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MyCase

AUGUST 18, 2023

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. Enter legal matter management, a strategic approach that empowers law firms to stay on top of their never-ending workload—all from one centralized location.

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Attorney at Work

JANUARY 20, 2022

Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. In response, they are investing more in automation, advanced analytics and other technologies that will help them manage the workload. According to Gartner Inc., And is it a game only BigLaw can play?

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Attorney at Work

JANUARY 18, 2022

Advances in technology and access to legal staffing is helping rural lawyers improve workflows and operate more efficiently. How can rural attorneys consistently get on the same playing field as urban and suburban lawyers? Other legal technology tools can help lawyers handle billing, time-tracking and case management.

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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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MyCase

NOVEMBER 30, 2022

There are few industries that can benefit more from automation than legal. . Lawyers can automate many of these necessary but non-billable tasks by relying on legal document automation software. . In this article, we’ll cover: An overview of legal document automation software. What is Legal Document Automation Software?

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MyCase

SEPTEMBER 21, 2022

New technologies continue to evolve the legal landscape. As lawyers adapt to recent industry-wide changes prompted by the COVID-19 pandemic, many wonder: What’s next? In this guide, we’re breaking down what attorneys need to know about legal technology, including: . A brief overview of legal technology . Legal research

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CARET Legal

MAY 8, 2024

Let’s take a look at key areas where time is often wasted: Task Management Across a wide spectrum of legal practices, tasks are often assigned informally, through email or verbal communication. Calendar Management Scheduling is often handled individually, with each lawyer managing their own calendar.

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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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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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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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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?” In it, they announced the launch of Robo Review, a software that incorporates legal AI to help lawyers research patent applications before filing. Legal Automation. Kind of ironic, I know.

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MyCase

AUGUST 10, 2022

The legal profession is commonly considered a profitable one. Many people study to become a lawyer because they covet a high salary—but where does that money come from? Those outside the legal field (or new to it) may not be familiar with how lawyers get paid or know that not all payments are created equal.

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MyCase

NOVEMBER 2, 2022

Simply put, lawyer organization can help your firm run like a Swiss watch. This includes strategies for managing time, more efficiently communicating with clients and colleagues, and utilizing online files and tools. . Why is Lawyer Organization Important? Law office organization can also prevent lawyer burnout.

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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. And that’s just the lawyers. And, that option matters to them.

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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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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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CARET Legal

FEBRUARY 21, 2024

Deciding on the right pricing strategy, such as opting for a general retainer agreement with a client can be complex due to several variables, like the scope of the legal work involved, the duration of the engagement, the firm’s workload capacity, the level of expertise required, and the prevailing market rates for similar services.

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CARET Legal

MARCH 22, 2024

But it also requires you to manage all aspects of the business, from legal work to administrative tasks and business development. Running a solo practice means constantly juggling the demands of being a lawyer with the demands of running a business. Senior lawyers are promoted to partners after gaining substantial experience.

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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. Ability to Set Disposition.

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Attorney at Work

OCTOBER 13, 2022

Document automation is a process that uses software to automate the creation of legal documents. This can be done by creating templates that can be populated with data from a case management system or other sources, or by using wizards or questionnaires to guide users through the document drafting process. Epoq Contract Express.

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Paralegal Bootcamp

MAY 6, 2022

According to the US Bureau of Labor Statistics, employment of paralegals and legal assistants is projected to grow 12 percent from 2020 to 2030, faster than the average for all occupations. Paralegals and legal assistants held about 345,600 jobs in 2020. 1 Paralegals and Legal Assistants: Occupational Outlook Handbook: U.S.

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LawSites

AUGUST 31, 2022

Today, we are seeing the fruits of two of those acquisitions, as MyCase rolls out legal accounting as a fully integrated feature of its platform, as well as a robust document automation integration. Read more about MyCase at the LawNext Legal Technology Directory. MyCase Accounting.

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MyCase

AUGUST 22, 2022

When imagining a successful lawyer, most of us picture the often glamorized biglaw lawyer. You know the type—nice office, big desk, fancy suit, and working long hours on a stack of case files. A boutique law firm’s case management process provides a different experience for lawyers and clients. .

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MyCase

JUNE 21, 2022

In addition, legal automation will help your firm stay organized, increase productivity, and boost payment collection. Legal automation software allows your firm’s staff members to easily templatize, organize and auto-generate some of the most repetitive, time-consuming tasks. Workflow management. What is Law Firm Automation?

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MyCase

JUNE 21, 2022

In addition, legal automation will help your firm stay organized, increase productivity, and boost payment collection. Legal automation software allows your firm’s staff members to easily templatize, organize and auto-generate some of the most repetitive, time-consuming tasks. Workflow management. What is Law Firm Automation?

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Paralegal Bootcamp

NOVEMBER 17, 2023

Ashley is a Sessional Instructor for the Paralegal Studies and Office Assistant Programs at McEwen University, and she has over 16 years of experience in the legal industry. Ashley’s dedication to supporting future legal professionals shines through her teaching and mentorship.

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MyCase

OCTOBER 3, 2023

Duplexing and support for letter- and legal-size scans are also important. Website Contract with an agency and you’ll spend $10,000 or more on designing and building a website. Many new lawyers, however, prefer to leave the technical work to experts. A good budget may be around $1,500.

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MyCase

SEPTEMBER 29, 2022

million lawyers in the United States, according to the American Bar Association , many lawyers are searching for a way to beat the competition. . Before scaling, every lawyer should know how to assess their firm’s current baseline and measure changes. The legal team could work for months without seeing a penny. .

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MyCase

AUGUST 5, 2022

A lawyer and client conversation script to help you interview efficiently. Common questions for lawyers that you should be prepared to answer . Afterward, your team can conduct a quick phone screen to assess whether the case is relevant to your law firm’s practice area(s). . Tip: Manage cases from start to finish with MyCase.

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MyCase

APRIL 30, 2024

AI is early in its lifecycle, but the technology is already a powerful resource for legal professionals. ChatGPT and related AI tools can write, edit, and research—three tasks that weigh heavily on the daily agendas for paralegals and legal assistants. What Are the Roles of Paralegals and Legal Assistants?

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LawTechnologyToday

FEBRUARY 12, 2021

If lawyers and consultants don’t keep track of time with clients, for instance, they may lose billable time and the profitability of the firm will decrease. Instead, staff can use a system like TimeTracker from eBillity to cater to the specific needs of lawyers and bill clients accurately. Workflow Automation. Putting It All Together.

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