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. Think about your client demographics.

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Attorney at Work

JANUARY 13, 2022

That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. In the ABA 2020 Legal Tech Survey , 23% of law firms reported not being interested in AI, while 34% said they didn’t know enough about AI to speak to their firms’ interest. AI Hesitation.

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LawSites

AUGUST 17, 2023

In 2016, I wrote a review of ShareFile in which I called it one of the best products on the market for secure document storage and sharing by law firms. Now, ShareFile is again setting its sights on expanding within the legal market — and specifically among small and midsized firms. Task Management.

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MyCase

AUGUST 22, 2022

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? How boutique law firms differ from biglaw firms.

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LawSites

MARCH 8, 2024

Launched just four months ago by engineers who previously worked for Uber, Google and Amazon, Traact , a SaaS platform that integrates a range of corporate functions in an all-in-one platform, today said it has entered into a strategic partnership with Klea , a Belgium-based provider of AI-enabled legal entity management.

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LawSites

OCTOBER 3, 2023

In addition, the document classifier they developed, which includes 225 document classifications, is available immediately through Zuva’s API offering. Zuva is the company that was spun out from the pioneering AI contract analysis company Kira when Litera, a global legal technology company, acquired Kira in 2021.

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MyCase

DECEMBER 28, 2022

From client prospects to case completion, law firm customer relationship management (CRM) tools can improve new lead conversions, revenue, and referrals. In this article, we’ll cover: Key characteristics of a law firm CRM. Important features to look for when choosing the best CRM software for law firms .

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LegalReader

JANUARY 22, 2021

Law Firm IT Scorecard finds gaps in cloud implementation, IT & cybersecurity policies, and IT-related training.

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MyCase

JUNE 7, 2024

The legal industry is currently experiencing a shake-up due to the latest advancements in artificial intelligence (AI), especially regarding document management and automation. Significant Amount of Time Spent Searching for Information : Locating specific information within extensive legal documents is time-consuming.

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LawTechnologyToday

MARCH 23, 2023

In order to meet the problems of escalating workflow and productivity demands on a constrained budget, law firms are eager to invest in legal technology services. According to another research, only19% of partners at significant law firms felt secure working in the digital economy.

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LawSites

SEPTEMBER 14, 2022

56% of corporate lawyers and 45% of law firm lawyers report increased demands for ESG guidance over the past year. Among those in law firms, 81% report greater use of third-party or outsourced resources, 78% report greater use of non-legal staff to perform work and greater use of contract staff, and 77% report more client self-service.

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MyCase

JUNE 5, 2024

Knowing these terms empowers you to make informed decisions when integrating AI and new technologies into your law firm. Machine Learning (ML): ML technology enables systems to autonomously learn and improve from experiences without explicit programming.

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CARET Legal

APRIL 5, 2024

The Impact of Burnout on Lawyers and Law Firms The consequences of burnout can be severe and far-reaching. Automating administrative tasks, such as timekeeping , document management , and billing , can reduce administrative burden and give lawyers more time to focus on legal analysis and problem-solving.

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LawSites

MAY 2, 2023

The company, says its cofounder and CEO Gaurav Oberoi , is on a mission to use AI to help corporate operations teams and legal departments close deals faster by accelerating business contracting across sales, procurement, legal, HR, security, and more.

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LawSites

DECEMBER 31, 2021

Clio’s 2021 Legal Trends Report — the latest in Clio’s comprehensive annual reports on the state of the legal industry — explores how law firms have adapted to the challenging circumstances of the past two years and what forces will shape client services in years to come. 2021 eBook: Running a Lean Law Firm.

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LawSites

APRIL 3, 2024

In news that is perhaps an indicator of the legal industry’s interest in generative AI, the document management company NetDocuments said today that its launch of PatternBuilder MAX AI was its “most successful product launch by a factor of 10.” Canada, Europe, the Middle East, Africa, and the Asia-Pacific region.

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LawSites

FEBRUARY 6, 2024

Facilitating Data Migrations The problem Universal Migrator solves is data migration for law firms and legal organizations — most often from one law practice management platform to another or one document management system to another. You need a product that solves a problem and does it well.

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LawSites

NOVEMBER 8, 2023

But law firms, typically known to be slow to change and risk averse, are grappling with their own challenges alongside these advancements—paper-based documentation and fax machines are no longer tenable. Five specific obstacles have emerged that law firms must address. 1 priority.

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LawSites

APRIL 10, 2024

Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a law firm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client.

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CARET Legal

APRIL 29, 2024

A disparate set of tools not only makes law firm management difficult, but it makes you more likely to be subject to a data hack. Scaling a law firm is a formidable task. As your firm grows, the complexities of managing multiple aspects of your practice increase exponentially.

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LawSites

FEBRUARY 6, 2023

Docgility AI-powered Contract Acceleration Platform – 80% faster contract execution with improved compliance – supports review, redlining, collaboration, and negotiation of contracts (including third party/counter party contracts). It’s the data hub, analytics, and productivity platform for the law firms of the future.

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LawSites

JUNE 15, 2021

Legal professionals agree that the pandemic accelerated the critical role of technology in the future success of their law firms and legal departments, but only a third believe their organizations are well prepared for addressing technology’s increasing importance. Firms Investing in Tech. Organizations Poorly Prepared.

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MyCase

NOVEMBER 21, 2022

Practicing law requires legally binding signatures—whether it be for a standard contract, a real estate closing contract, or a routine will. However, tracking down documentation and following up with clients for signatures costs lawyers hours of non-billable time. . This digital process saves firms time and money. .

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LawTechnologyToday

MARCH 1, 2023

Docgility AI-powered Contract Acceleration Platform – 80% faster contract execution with improved compliance – supports review, redlining, collaboration, and negotiation of contracts (including third party/counter party contracts). It’s the data hub, analytics, and productivity platform for the law firms of the future.

Contract 76

Contract Law Firm Law Firms Legal 76

LawSites

DECEMBER 31, 2021

Clio’s 2021 Legal Trends Report — the latest in Clio’s comprehensive annual reports on the state of the legal industry — explores how law firms have adapted to the challenging circumstances of the past two years and what forces will shape client services in years to come. 2021 eBook: Running a Lean Law Firm.

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Contract Law Firm Law Firms eDiscovery 52

LawSites

APRIL 6, 2022

. “Lawcus is a modern user-friendly all-in-one legal software with practice management, client intake, billing, case management, trust accounting, a built-in CRM and advanced complex automation capabilities designed to manage and grow successful law firms of any size.” ” NextChapter BK.

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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

OCTOBER 27, 2021

The first step is adopting the mindset that your law firm is a business. In the absence of a systematic intake process, a law firm quickly becomes chaotic. A recent survey showed that 42% of the time, law firms take an average of three or more days to get back to a message from a new client. About Lawmatics.

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MyCase

AUGUST 8, 2022

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. This guide is ideal for: .

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Lawyer Lawyers Legal Legal 52

MyCase

AUGUST 8, 2022

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. This guide is ideal for: .

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Lawyer Lawyers Legal Legal 52

Paralegal Bootcamp

APRIL 15, 2022

Floating means you aren’t intentional, and you stumble into an area of law, a type of law firm, or a specific position in a firm that may not be the best fit. A larger firm handles volume, but in general, a larger firm will offer greater levels of support. Are you high-energy?

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MyCase

SEPTEMBER 21, 2022

Tech tools that automate time-consuming work, so law firms can increase productivity and profitability. These solutions help lawyers perform their daily business-management tasks more productively. For example, substantive law technology may include a contract analysis tool that scans for potentially problematic provisions.

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MyCase

AUGUST 5, 2022

With MyCase’s digital client intake forms, you can easily tailor questions to various stages of your intake pipeline and each area of law that you practice. After the prospective client submits their information, the data automatically syncs to a client file on your MyCase law firm customer relationship management (CRM) system.

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CARET Legal

MARCH 11, 2024

Cloud-based law firm management software provides legal professionals the flexibility and mobility to access important data and tools from any device with an internet connection. A top priority for law firms is to use technology for improving productivity, with 46% ranking it as a significant need to meet client demands.

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MyCase

OCTOBER 13, 2022

Managing a law firm requires overseeing several moving pieces—lawyers must keep track of client meetings, courtroom appointments, invoicing, calendaring, accounting, and more. Poor management and disorganization can be costly and result in lost billable hours, client dissatisfaction, and even malpractice. Still not sold?

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Rocket Matter

APRIL 18, 2023

It’s no stretch to say that law firms consume a LOT of paper. Contracts, legal briefs, memoranda, and other documents are the lifeblood of law firms. Here’s how you can use practice management software features to start today. 1. And more important resources! Download free guide 3.

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Paralegal Bootcamp

JULY 24, 2023

This is because some paralegals might prefer a corporate setting as an in-house paralegal, while others might thrive in a law firm setting working in civil litigation or other commercial litigation. You could say “well, you were the exception” or “you worked in an AmLaw 100 firm in a major metropolitan city.”

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