Rocket Matter

NOVEMBER 18, 2022

Law firms have historically been reluctant to adopt new technology. . Consider the following data: A 2020 ABA survey states that just 58% of firms store their data in the cloud, and only 7% of survey respondents used tools that deploy artificial intelligence (AI), despite AI’s popularity in other industries such as finance. .

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Rocket Matter

SEPTEMBER 12, 2023

Time is always in short supply for law firms, especially for firms with limited resources. For many firms, this starts with time tracking and the small but impactful techniques firms can implement to generate compounding gains. Here are 10 time tracking tips to maximize your billable hours today!

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Rocket Matter

AUGUST 1, 2023

Proper legal trust accounting is critical to success in this industry, but it’s tricky for many law firms, especially those with limited time and staffing resources. Unfortunately, compiling the necessary documents and reports can be a daunting task for solo practitioners and small law firms.

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LawSites

FEBRUARY 7, 2023

With the launch today of its second-generation platform, London-based Legatics is expanding the capabilities it offers customers from its core of legal transaction management into broader legal project management. Law firm clients have been instrumental in driving firms to adopt Legatics, Seale said.

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Rocket Matter

DECEMBER 19, 2023

More useful posts: 9 Reasons Why Legal CRM Takes Your Law Firm To The Next Level Top 8 Technologies to Help You Run a Paperless Law Office Why is Online Legal Payment Processing a Must for Your Law Firm Ultimate Guide to Law Firm Business Intelligence Are you sure about running a law firm without regularly analyzing performance data?

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Rocket Matter

JULY 11, 2023

We’re not talking about rates, pro bono policies, or any other conscious decision that law firms make regarding what they charge. We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. Why do lawyers lose billable time ALL the time? Lawyers have a lot going on in the day.

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Rocket Matter

JUNE 27, 2023

But it doesn’t need to be this way—especially when you use automation to your advantage. Barriers to effective legal marketing Ethical considerations aside, there are several barriers that solo, small, and medium-sized law firms face when they try to improve their marketing. Get free guide See More

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InHouseOps

OCTOBER 14, 2021

In the case of an AI project, AI should be applied to a specific problem, such as identifying deadlines in contracts that need compliance, so that you can take action. The gaps the survey pointed to suggest that maybe firms don’t know their clients as well as they should. Please expand on this. Let’s talk about technology investment.

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Rocket Matter

APRIL 4, 2023

What is “lean” law methodology? Lean management is about finding ways to make redundant processes more efficient , so you can build a more productive team. At its core, a lean legal firm is one that maximizes value and minimizes waste. The transformation into a lean law firm doesn’t happen overnight.

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Rocket Matter

MAY 16, 2023

It’s ideal for law firms and their clients when itemizations on invoices are clear, transparent, and accurate. Undercharging leads to lost profits for the firm. Get free guide 6 Billing Strategies to Grow Your Law Firm Scaling your law firm doesn’t just mean adding more lawyers or increasing your number of clients.

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Rocket Matter

DECEMBER 5, 2023

Get free guide 6 Billing Strategies to Grow Your Law Firm Scaling your law firm doesn’t just mean adding more lawyers or increasing your number of clients. The best way to boost your law firm’s finances is to minimize your non-billable hours and make sure that every hour of your day is accounted for.

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Cenza

NOVEMBER 20, 2023

With this strategic acquisition, the company gains immediate access to a mature India operation, enhancing its best-in-class secure managed document review and cyber incident response solutions. This is an exciting new chapter for both Cenza and KLDiscovery,” said Aditya Mirza, CEO of Cenza.

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LawTechnologyToday

JULY 26, 2021

Buy-in across stakeholders—which can also include business, finance, and other users as well—is critical to successful change management. Exceptional program and project management discipline with periodic review on use, issues, and improvement opportunities during initial implementation and to incorporate any change requests.

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Rocket Matter

MARCH 21, 2023

Improve your time management strategy with these 5 tips To improve your time management strategy—and prioritize your tasks correctly—you need to see the big picture for your law firm: upcoming projects, client needs, law firm goals, and more. Move forward with Rocket Matter.

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Paralegal Bootcamp

AUGUST 5, 2022

In November of 2019, I began applying for jobs before finishing the program, but without experience directly in a law firm setting (as well as COVID), it was not easy. Now that I am the Paralegal Manager, what else do I do outside of work today ? Will the approach work for your firm? Office management.

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Rocket Matter

AUGUST 22, 2023

Whether you're just hanging a shingle for the first time or have managed a small or solo law firm for decades, you want to ensure you have the right software tools for the job. With this in mind, some solo and small law firms hesitate to invest in timekeeping and billing tools and processes.

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Rocket Matter

JANUARY 9, 2024

Use a time tracker to capture all your billable hours There are lots of reasons why time tracking is vital to your law firm: accurate billing, resource allocation, compliance with ethics guidelines, and increased revenue. But these (excellent) reasons aren’t the only reasons to time track.

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LawSites

NOVEMBER 8, 2023

Intended for customers in both corporate legal and law firms, Traact offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management. .

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Rocket Matter

JULY 18, 2023

But if you own a solo law firm, the reality is you do have to do it all, and you’re often doing it alone. And for most solo practitioners, that’s the whole point. And save even more time with document automation Paper is one of the most unnecessary expenses at a modern law firm. Those are very appealing messages.

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Rocket Matter

MAY 23, 2023

For law firms, manual administrative tasks are a big blow for billable hours and potential profit. Manual admin tasks don’t just cut directly into billable hours. When these workflows compound over time, it can save law firms significant time and energy on the hundreds of small tasks that pop up every month.

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LegalTalkNetwork

MARCH 4, 2020

We also learned some new things about “ deepfakes ” and how that could affect legal practice, why litigation finance is about to get really interesting, how ODR is closing one part of the A2J gap, and why virtual reality may become a real staple in courts very soon. Stay tuned to hear about potential growth in litigation finance.

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LawSites

MARCH 17, 2022

Cobra said that the combination of its Value Sourcing methodology and experienced team of attorney project managers with Reveal’s out-of-the-box, pre-trained AI models will make it easier for clients to harness the power of AI throughout any legal task. million of additional financing from three new investors and existing shareholders.

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LegalTalkNetwork

NOVEMBER 5, 2019

Their backstay of tuned-up educational programming was designed to help practitioners run leaner more profitable law firms. This year’s conference featured five tracks to choose from (Legal Technology, Business of Law, Industry Workshops, Clio University, and Clio University Workshops). ClioCloud9 pic.twitter.com/0RCgZ18lPK.

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LegalTalkNetwork

AUGUST 28, 2017

Current President Hilarie Bass, who just took the reigns, talked with us about her upcoming projects, managing stress, and the required support from her firm and clients which allow her to perform her duties as the new ABA president. By all accounts heard, the sessions were packed to the brim.

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LawSites

DECEMBER 4, 2023

AltFee Elevator Pitch: AltFee revolutionizes law firm pricing by offering a foundation for alternative fee structures. This system empowers firms to precisely assess and assign value to projects, vital in a landscape where AI/efficiency gains drastically shorten task timelines. What makes you unique or innovative?

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