article thumbnail

Alternative Legal Service Provider and Cenza – A quick recap of the journey

Cenza

It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. This fact was further reiterated by Thomson Reuters’ Alternative Legal Service Providers 2021 Report, which unveiled that nearly 79% of law firms and over 71% of corporate law departments are leveraging the services of ALSPs.

article thumbnail

Why Do Lawyers Need to Keep Up with Legal Technology?

LawTechnologyToday

Lawyers should stay abreast of legal technology trends because the legal industry is rapidly evolving, and technology is transforming how legal services are provided. By embracing technology, law firms can position themselves for success in the modern legal industry. Why do Law Firms Need to Invest in Technology?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Paralegal Project Management Tip

Paralegal Bootcamp

What is legal project management? Legal project management is the application of project management principles and practices to enhance the delivery of legal services. Example for a Real Estate or Transactional Paralegal. In other words, mistakes happen. Your closing is scheduled for November 1st.

article thumbnail

ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Specific services Factor will offer firms include: Transaction management. … Our service here is doing something similar in the transactional world.”

article thumbnail

Guide to Enhancing Law Firm Productivity

LawTechnologyToday

For legal practitioners, there are a number of metrices that are indicative of the firm’s or the department’s performance. Invest in technology: Digital applications and automation robots, like in every other field, can streamline routine and repetitive activities within the legal sphere. What can keep you ahead of the curve?

article thumbnail

TechReport 2022: Solo & Small Firm

LawTechnologyToday

Specialized practice (bankruptcy, real estate, etc.). The benefits of technology in the delivery of legal services are well-documented, so why are fewer than half of lawyers in small firms using even the most common tools? Rules-based Docketing/Calendar.

article thumbnail

Career Planning for the New Year

Paralegal Mentor

This survey projected that corporate legal departments will be expanding internal teams to handle more legal matters in-house and also to control spending on outside counsel. Real Estate. As the economy continues to improve, the commercial and residential real estate markets are rebounding in many areas of the country.