Contract management fundamentals for law firms
OneLegal
MARCH 22, 2024
Contract management is crucial. The post Contract management fundamentals for law firms appeared first on One Legal. Is your process as bulletproof as it should be?
How Law Firms Are Using AI: Quick Case Summaries and More
CARET Legal
MAY 1, 2024
Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics. Contract Analysis Simplified In the realm of legal practices, contract analysis and drafting stand as pivotal yet time-intensive tasks.
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Tierdrops on My Guitar: A New Approach to Law Firm Price Rises
NCBA Law Practice Management Blog
APRIL 3, 2023
If you belong to one of the few law firms that raises their rates annually – Kudos to you ! Most law firms aren’t doing that. But, if you are doing it , you’re probably doing it the way most law firms firm are, in that you’re only raising rates on your new clients, and you’re grandfathering all the old ones in.
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Contract Staffing: 3 Ways ALSPs Can Support Your Law Firm in Uncertain Times
Attorney at Work
JANUARY 25, 2023
Tower Legal CEO Leslie Firtell says contract staffing will grow in importance this year. The post Contract Staffing: 3 Ways ALSPs Can Support Your Law Firm in Uncertain Times appeared first on Attorney at Work.
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Contract Lifecycle Management: A Business Enabler Exploring On-Ground Challenges
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CLM tools have always strived to push contract management into the digital age for almost 30 years. The current scenarios in business development have shown that having a fully automated CLM has become a mandate for every law firm and in-house legal department. But the complexities of digitising a legal document are numerous.
Tackling Inefficient Time Management At Your Law Firm
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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How to Structure Your Law Firm As You Grow
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. Your organization model significantly impacts your firm’s efficiency, profitability, and overall success.
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“Local law firms among those showing interest in investigating Colorado Supreme Court contract and culture”
HowAppealing
MAY 21, 2021
“Local law firms among those showing interest in investigating Colorado Supreme Court contract and culture”: David Migoya of The Denver Post has an article that begins, “Dozens of Colorado law firms have downloaded information about a $350,000 state contract to investigate allegations of sexual harassment and misconduct in the Supreme (..)
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What Is the Biggest Challenge Facing Law Firms Today?
CARET Legal
APRIL 8, 2024
On one hand, it’s a measure of a lawyer’s productivity and a key revenue driver for law firms. The sheer volume of due diligence required can mean weeks or even months of late nights and weekends spent poring over contracts and legal documents. The post What Is the Biggest Challenge Facing Law Firms Today?
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2024 Law Firm Technology Trends to Be Aware Of
CARET Legal
FEBRUARY 23, 2024
Several legal technology trends are set to reshape how law firms operate. Artificial Intelligence and GenAI in the Legal Industry One of the most prominent law firm technology trends is the use of Artificial Intelligence (AI), including Generative AI (GenAI).
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Teleprompter: Choosing a Law Firm Phone System
NCBA Law Practice Management Blog
MARCH 18, 2020
Phone systems, and managing phone systems, are essential for law firms -- even if managing lawyers can tend to overlook the importance of such things. But, in a very real sense, law firm phone systems are really money machine s. This article offers a useful rundown of phone system options for the modern law firm.
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Guide to Enhancing Law Firm Productivity
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. Outsource non-core processes: Outsourcing of non-core processes by law firms have a proven track record of resulting in cost reduction.
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India dispatch: India opens its doors to foreign law firms and practitioners
JURIST
MARCH 22, 2023
This dispatch is from Samar Veer, a third-year law student at National Law University, Delhi. In a major departure from longstanding policy , the Bar Council of India (BCI) last week issued a notification permitting foreign law firms and foreign lawyers to advise clients on broad foreign law and international arbitration issues.
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Law firm CEO discusses new book, the evolution of contracts and where he thinks contracts are headed
ABA Journal
OCTOBER 22, 2021
Ari Kaplan recently spoke with Alex Hamilton, the CEO of Radiant Law, a U.K.-based based law firm focused on contracts, and the author of Sign Here:…
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Law firm partners accused of ethics violations for ‘anti-competitive’ employment contracts
ABA Journal
JUNE 7, 2022
The name partners of the law firm Tully Rinckey have been accused of ethics violations for allegedly adding anti-competitive terms to attorney employment agreements and…
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Former associate must repay law firm for failing to bill promised hours, top state court says
ABA Journal
FEBRUARY 21, 2023
An associate who signed a contract with an “hours billed discrepancy” clause is obligated to repay his law firm for failing to meet promised billable…
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The One Piece of Advice Every Law Firm Tech Consultant Should Be Giving
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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Persons of Interest: Modern Staffing Options Abound for Law Firms
NCBA Law Practice Management Blog
APRIL 1, 2019
Fortunately, for law firms owners, there are more staffing options now, than you can shake a stick, even if you’re not ready to make the move to hiring an employee. Many expanding law firms choose to engage contract attorneys, who can make their own hours, and are often experienced enough to manage their own wo r fklows.
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How Much Does It Cost To Start A Law Firm
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. How Much Does it Cost to Start a Law Firm? As a rough estimate , law firm start-up costs may total about $8,200.
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Office Dogs Improve Law Firm Morale
Attorney at Work
SEPTEMBER 2, 2021
Once they quickly realized that having her in the office would be a non-issue, we finalized my contract. Of course, a law firm is a professional environment, and my dogs have always been well-behaved. The post Office Dogs Improve Law Firm Morale appeared first on Attorney at Work. Is your office pet-friendly?
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Top National Construction and Government Contracts Law Firm Expands to Nashville
LegalReader
JUNE 9, 2022
National construction law firm Smith Currie responds to Tennessee construction growth and commercial real estate expansion by opening new Nashville office.
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Which Technology Is the Best Fit for Your Law Firm?
LawTechnologyToday
NOVEMBER 30, 2022
Which Technology Is the Best Fit for Your Law Firm? It’s a big part of the reason why many law firms have historically been slow to adopt new technology. Now, in 2022, law firms are facing a handful of new challenges, depending on how they initially responded to the shift to remote work. .
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Cognizant Fights To Keep Law Firm Overbilling Suit Alive
Law 360
SEPTEMBER 9, 2021
IT consulting company Cognizant Technology Solutions has moved to keep alive its suit accusing a small New York law firm of fraudulent billing practices, saying the firm's arguments, including that a contract clause prevents the dispute from being litigated in the Empire State, rest on a "faulty premise."
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The Benefits of Boutique Law Firms
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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2023 Trends in Law Firm Operations – and How Technology Will Help Shape Them
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. 89% in private practice said they had the option of working remotely.
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How Law Firms Found New Ways to Grow During the Pandemic
LawTechnologyToday
SEPTEMBER 14, 2021
During the pandemic, our team at 4LegalLeads.com has seen incredible growth in law firms across the nation. Law firms as a whole have been hesitant to adopt online lead generation strategies over the years, tending to rely on more traditional methods of marketing. Legal leads solve these issues for law firms.
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How to Hire a Digital Marketing Agency for Your Law Firm
Attorney at Work
MAY 11, 2022
Marketing firms, like law firms, vary widely in expertise, capabilities and strategic vision. Elevating your firm’s reputation requires a compelling online presence, but it also requires the ability to keep a step ahead of ever-changing social platforms and search engine optimization requirements. Retainer Agreements.
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Time and Billing Essentials for Law Firms in 2023
Rocket Matter
DECEMBER 29, 2022
While many law firms require that their attorneys work a mandatory number of billable hours (the time clients pay for directly) per week, that isn’t the extent of a lawyer’s workload. Fortunately, Rocket Matter is here to help you take the guesswork out of time and billing with these essential features every law firm needs in 2023.
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Law Firms of All Sizes Can Easily Integrate AI Tools Into eDiscovery
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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Personal Injury Law Firm Claims to be First to Set Up Office in the Metaverse
LawSites
DECEMBER 3, 2021
.” Well, if companies will now be flocking to the metaverse, it only makes sense that a personal injury firm should get there ahead of them, ready to pursue justice for that first avatar to slip and fall on a virtual banana peel. To be clear, Grungo Colarulo is not the first law firm to open in the metaverse.
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Docketing Nightmare: CPA Global wins Despite their Docketing Error; Law Firm still on the hook for Missed Deadline
Patently O
APRIL 10, 2024
In 2009, Dr. Robinson and Spectrum (collectively “Plaintiffs”) hired law firm FisherBroyles to file patent applications for his inventions. In February 2014, FisherBroyles contracted with CPA Global, the big IP management services company, to provide patent docketing services. FisherBroyles filed a provisional U.S.
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CRM for Law Firms: Key Features and Lead Benefits
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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Planning Your Contract Management System
Paralegal Bootcamp
OCTOBER 21, 2021
When paralegals are looking at alternative paralegal careers outside the popular litigation paralegal field, contract management does not usually come to mind. However, there seems to be an increase in paralegal job opportunities in the field of contract management. But what exactly is contract management? Retrieved 2008-07-10].
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Law Firms Can Now Sign Up For And Manage Google’s Local Services Ads Directly Within Clio Grow
LawSites
AUGUST 28, 2023
Now the law practice management company Clio has announced an integration with Google’s Local Services Ads that allows firms to sign up for and manage accounts from directly within Clio Grow , the company’s client intake and client relationship management software. ”
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Reaping The Rewards Of Contract Management Software [Sponsored]
Above The Law
NOVEMBER 1, 2022
A deep dive into all things CLM — for law firms and law departments alike — in the latest Non-Eventcast. The post Reaping The Rewards Of Contract Management Software appeared first on Above the Law.
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Automation in Law Firms: Increase Efficiency and Cash Flow
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. .
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Law Firms Must Prepare For Contract Tech Co. Consolidation
Law 360
DECEMBER 16, 2021
The legal industry's continued remote work needs during the pandemic have fueled growth of contract lifecycle management providers, but to continue access to the platforms they have come to rely on, businesses should look out for the CLM mergers that are likely to occur in 2022, says Naseeha Machingal at LegalEase Solutions.
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Using Artificial Intelligence to Improve Law Firm Performance
LawTechnologyToday
FEBRUARY 16, 2021
For example, a London law firm used data on the outcomes of 600 cases over 12 months to create a model for the viability of personal injury cases. AI also has various other–more straightforward–applications of which law firms can take advantage.
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Automation in Law Firms: Increase Efficiency and Cash Flow
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. .
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How to Make Kanban Boards Work for Your Law Firm
Rocket Matter
FEBRUARY 22, 2023
If you’re running a law firm, the word “busy” might be an understatement when describing your workload. You’re responsible for managing legal professionals, organizing meetings, planning projects, and seeing them through to completion.
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How I secured a position at global law firm, Clyde & Co
SimplyLawJobs
NOVEMBER 30, 2021
I found the law modules fascinating so I decided to go to university to continue with my studies. However, I continued thinking to myself, what would it really be like working at a law firm? I was successful in securing a legal internship in Malta at an international firm. Would I enjoy it? Search all legal jobs.
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Sharefile Makes Renewed Push Into Legal Market, With New Features Designed For Law Firms
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. It also adds enhanced security protections.
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Trainee and newly qualified solicitor salaries for UK law firms
SimplyLawJobs
JUNE 15, 2021
For solicitors to be, who are yet to enter the real world of law, how much they will get paid is intriguing information. Luckily, you don’t need to wait for your first contract to find out how much a trainee or newly qualified solicitor earns. . Many law firms openly publish trainee and newly qualified solicitor salaries.
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Law Firms Fail to Face Their Biggest Threat
InHouseOps
OCTOBER 24, 2022
What’s the biggest threat to the future growth ambitions of top law firms? Increased competition from international firms? This relatively niche, back-office support problem has become so troublesome in recent years that it was listed as the biggest threat to the future growth ambitions of the top 100 law firms.
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