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.

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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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LawTechnologyToday

MARCH 23, 2023

Change is afoot in a legal sector known for its traditional working practices. The latest in legal technology may seem overstated to some. However, it is abundantly obvious that many legal technology solutions are already significantly improving the lives of attorneys. Why do Law Firms Need to Invest in Technology?

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LawTechnologyToday

AUGUST 1, 2023

In an evolving legal environment with market competition at an all-time high, the technical competence of law firms and legal departments of large organizations have to be top notch. For legal practitioners, there are a number of metrices that are indicative of the firm’s or the department’s performance.

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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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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.

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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. But then there came a period when ShareFile seemed to go quiet, at least in the legal market, with little outward evidence that it was making any effort to market or sell to lawyers.

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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

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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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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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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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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LawSites

APRIL 6, 2022

The product listings continue to grow in the LawNext Legal Technology Directory , which we launched in February. “NextChapter provides all the tools and resources to run your entire bankruptcy practice in the cloud, on one system.” ” CobbleStone Contract Insight. ” CobbleStone Contract Insight.

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Legal Technology Solution Technology Legal Legal 52

Attorney at Work

JANUARY 13, 2022

Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.

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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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MyCase

SEPTEMBER 19, 2022

While you may have graduated from law school to perform duties in court, day-to-day tasks will also include drafting, reviewing, and editing legal documents. The execution of each of these documents requires legal knowledge as well as writing skills. What is Legal Writing? Legal Research and Writing.

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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. SaaS for Lawyers.

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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. SaaS for Lawyers.

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LawSites

SEPTEMBER 14, 2022

Legal professionals face greater pressure than ever before, driven by the “VUCA” environment of volatility, uncertainty, complexity and ambiguity, but firms that are well-equipped for the future are those that are optimizing their people, processes and technology through a path of continuous improvement.

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LawSites

DECEMBER 31, 2021

It is a library of free downloadable content that includes white papers, webinars, product guides, case studies, industry analysis and more, all provided by experts and vendors within the legal industry. Clio 2021 Legal Trends Report. Forrester TEI Study: Building a Business Case for Modern Document Management.

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LawSites

FEBRUARY 6, 2023

The ballots are closed and the votes are counted: Your votes have determined the 15 legal tech startups that will get to participate as finalists in the seventh-annual Startup Alley at ABA TECHSHOW 2023 , taking place March 1-4 in Chicago. Learn more about this company at the LawNext Legal Tech Directory.

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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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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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LawTechnologyToday

MARCH 1, 2023

An annual favorite, this startup competition will showcase 15 innovative legal startups. Our all-in-one virtual litigation platform streamlines and professionalizes the process of conducting and managing remote and hybrid litigation. Learn more about this company at the LawNext Legal Tech Directory.

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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. It polled 700 legal professionals across the U.S.

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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.” ” said Dan Hauck, NetDocuments’ chief product officer.

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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. The benefits of properly utilizing legal CRM. The benefits of properly utilizing legal CRM.

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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. . Are Electronic Lawyer Signatures Legally Binding?

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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. Determining your paperless processes 2. Embracing mobile paperless tools 5.

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LawSites

DECEMBER 31, 2021

It is a library of free downloadable content that includes white papers, webinars, product guides, case studies, industry analysis and more, all provided by experts and vendors within the legal industry. Clio 2021 Legal Trends Report. Forrester TEI Study: Building a Business Case for Modern Document Management.

Contract 52

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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

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.

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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. Can AI Replace Lawyers?

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Document Review Lawyer Lawyers eDiscovery 52

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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LawTechnologyToday

FEBRUARY 1, 2022

Applications used to manage voluminous and complex litigation document reviews can be used for reviewing contracts in transactional matters. These tools can turn contract clauses into data points, which can then be analyzed, filtered, compared, etc., Legal Process Improvement.

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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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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. A litigation paralegal is a legal professional who provides vital support to attorneys who work in the area of litigation.

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