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How Smart Contracts are Changing Legal Contracts

LawTechnologyToday

While a world free of lawyers will most likely never come to fruition (to many parties’ chagrin), new technology in the form of smart contracts is changing how legal matters are drafted. This data then informs the automated terms of a contract by posting results and accompanying proof to the blocks.

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Why Do Lawyers Need to Keep Up with Legal Technology?

LawTechnologyToday

According to the Future Ready Lawyer 2021 report , 84% of legal departments have increased their technology budgets in the last year. Lawyers should stay abreast of legal technology trends because the legal industry is rapidly evolving, and technology is transforming how legal services are provided.

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Tackling Inefficient Time Management At Your Law Firm

CARET Legal

For instance, a junior lawyer might be overloaded with multiple tasks, such as drafting legal briefs and preparing for court hearings, with no clear system to manage these tasks or track their progress. Calendar Management Scheduling is often handled individually, with each lawyer managing their own calendar.

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As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal

LawSites

Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market. ”

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What Is the Biggest Challenge Facing Law Firms Today?

CARET Legal

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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Guide to Enhancing Law Firm Productivity

LawTechnologyToday

It is imperative for legal practitioners to stay updated on regulatory changes as they happen in order to be best suited to service their clients or manage their departments. They also help partners/lawyers spend quality time in managing their cases and in driving results for their clients.

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Be a SaaS Lawyer: Your Guide to Legal SaaS

MyCase

SaaS for Lawyers. If you’ve ever used tools like Google Workspace, Microsoft 365, or MyCase legal practice management software, you’re familiar with SaaS—software as a service. SaaS is modernizing the legal industry in two ways: by making law firms more efficient and creating career opportunities for lawyers worldwide.

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