LawSites

JUNE 24, 2022

Schwadron is bothered by lawyers’ billboards proclaiming the huge amounts they got for their clients, knowing that, on average, PI clients receive well less than half the total settlement, with the rest going to legal fees and expenses, medical costs, case costs, and financing costs. A code of conduct for lawyers.

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MyCase

AUGUST 10, 2022

The legal profession is commonly considered a profitable one. Many people study to become a lawyer because they covet a high salary—but where does that money come from? Those outside the legal field (or new to it) may not be familiar with how lawyers get paid or know that not all payments are created equal.

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LawTechnologyToday

MARCH 16, 2021

Even under the best of circumstances, clients working with lawyers on a contingency basis may not be have to pay fees upfront, but also may not be able to pay their bills while they wait for their case to make its way through the legal system. Luckily, changes in litigation finance may be changing the terms of engagement.

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Attorney at Work

NOVEMBER 12, 2021

ClientCredit is the first BNPL solution for legal clients on the market and is exclusively available through LawPay. With ClientCredit, your clients have the ability to pay for legal services in installments while your firm still receives 100% of the invoiced amount upfront. The Latest from the Legal Payments Leaders.

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MyCase

AUGUST 5, 2022

When law firms provide payment plan options, it can make legal assistance more affordable, expand the firm’s client base, and even help lawyers get paid. According to the MyCase 2021 Industry Report , which surveyed over 2,000 legal professionals, 73% of respondents stated that getting paid was a challenge for their firms. .

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Cenza

JANUARY 27, 2021

In this article, we unpack how AI, when combined with lawyers in the loop, is altering the foundations of legal practice and delivery while addressing the looming challenges that firms encounter while implementing this technology. Top 3 challenges of implementing AI in legal firms. Current application of AI in legal services.

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LawTechnologyToday

APRIL 27, 2021

Even under the best of circumstances, clients working with lawyers on a contingency basis may not be have to pay fees upfront, but also may not be able to pay their bills while they wait for their case to make its way through the legal system. Luckily, changes in litigation finance may be changing the terms of engagement.

Finance 64

Finance Litigation Litigating Technology 64

LawSites

DECEMBER 15, 2021

Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. The financing follows the San Diego-based company’s raise of a $2.5 million seed round in October 2020.

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LawSites

SEPTEMBER 28, 2021

Recent headlines in the financial press are replete with stories about the new boom in buy now, pay later financing for retail purchases, with many retailers, including Walmart, the nation’s largest, now offering these point-of-sale loans.

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LawSites

APRIL 11, 2024

Let’s revisit five of the most momentous legal tech fails of the last 10 years. It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a law firm and a technology company. Following my report, QuickLegal quickly shut down.

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LawSites

AUGUST 3, 2023

Readers may remember the controversy that erupted then over the company DoNotPay , which billed itself as the world’s first robot lawyer, and its founder Joshua Browder. First, it is no secret that the issue of regulatory reform remains controversial among lawyers generally and most certainly within the ABA.

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LawSites

MAY 30, 2023

In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. Its lawyers will not appear in court. ” Leading the firm as managing partner is Andrew R.

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LawSites

MAY 3, 2022

Paladin , a legal technology company whose platform enables law firms and legal services organizations to manage their pro bono programs and opportunities, has raised $8 million in Series A funding, which it plans to use to further develop its product and expand its market internationally. .

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LawTechnologyToday

DECEMBER 20, 2022

The following information will help you choose and implement the lawyer payment methods your clients prefer. . Are lawyers allowed to accept online payments? . The trend of clients paying their legal fees online or with a credit card is undeniable, but are lawyers allowed to accept payments online? Short answer: yes.

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Attorney at Work

AUGUST 7, 2022

Some lawyers always seem fearful of increasing legal fees — recession or no recession, crisis or no crisis. The Two Biggest Reasons Lawyers Are Afraid to Raise Legal Fees. Stop thinking you’re smarter than the finance folks at Netflix when it comes to setting rates. Debbie has never hired a lawyer ….

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LawSites

FEBRUARY 5, 2024

In the blur of activity that was last week, I attended two legal tech conferences, plus an adjacent legal technology summit. We talk often of the justice gap in this country — of the fact that the roughly 50 million low-income Americans receive no or insufficient legal help for 92% of their civil legal problems.

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LawSites

JULY 25, 2023

Nextpoint recently became the first e-discovery company to launch a law firm , launching Nextpoint Law Group in Arizona under that state’s liberalized practice rules that allow non-lawyers to own law practices. The firm will provide discovery and litigation legal services to other law firms and to corporate legal departments.

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LawTechnologyToday

JANUARY 11, 2022

Clients care about affordability, and lawyer payment plans prioritize just that. In the 2021 Legal Trends Report , consumers ranked affordability factors—including payment plans—as the most important determinant (aside from positive reviews) for lawyer hireability. . How lawyers win by embracing payment plans .

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LawTechnologyToday

APRIL 25, 2023

From increasing efficiency in proceedings to improving access to justice, these advancements have the potential to revolutionize the legal system as we know it. Many marginalized communities lack access to legal information and services due to financial constraints or geographic barriers.

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LawSites

DECEMBER 29, 2021

Where legal innovation in 2020 was characterized by acceleration and adaptation, in 2021 it was slowed by a sense of malaise – malaise driven by uncertainty. Do lawyers return to the office or not? Do legal conferences return live or not? Yes, in 2020, the legal industry accelerated its adoption of technology.

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Conflict of Laws

DECEMBER 3, 2023

Each year, the European Centre for Judges and Lawyers – EIPA Luxembourg hosts a conference on ‘Recent Trends in the Case Law of the Court of Justice of the EU’. The first will discuss some prominent cases on the specific effects of the EU values and the relations between the EU and the national legal orders.

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LawSites

NOVEMBER 23, 2022

A hitherto stealth legal AI startup emerged from the shadows today with news via TechCrunch that it has raised $5 million in funding led by the startup fund of OpenAI, the company that developed advanced neural network AI systems such as GPT-3 and DALL-E 2.

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LawSites

JULY 19, 2023

Over the years, the list has included a diverse selection of lawyers, legal technologists, policymakers, judges, law librarians, bar association executives, and people from all walks of life who are innovating in the legal profession. (I This year’s list of honorees reflects a year of transformation for legal services.

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LawSites

FEBRUARY 3, 2023

Time by Ping, a company whose product is designed to help lawyers capture time automatically, this week announced that it has rebranded the company as Laurel as it expands beyond the legal industry into serving customers in all fields of professional services, including accounting and consulting.

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LawSites

AUGUST 9, 2023

Silicon Valley-based Gunderson Dettmer , an international law firm of more than 400 lawyers that represents many clients in the field of artificial intelligence, today launched an artificial intelligence application of its own making — an internal generative AI chat app called ChatGD.

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LawSites

SEPTEMBER 21, 2022

Lawpath , an eight-year-old Australian company that has become the leading legal document and contract management platform for small businesses in that country, has now launched in the United States to serve American small businesses. million in venture financing, including a $7.5 You might think of Lawpath as similar to LegalZoom.

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Rocket Matter

DECEMBER 19, 2023

Take a data-driven approach by first considering the following: Local new lawyer value: First, determine your base-level value. You can do this by starting at the billable hour of any new lawyer in your area. Likewise, you should charge a premium for a unique legal service not commonly available in your region.

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MyCase

AUGUST 22, 2022

When imagining a successful lawyer, most of us picture the often glamorized biglaw lawyer. A boutique law firm’s case management process provides a different experience for lawyers and clients. . Legal Services . Boutique law firms have fewer staff members and lawyers. Staff Size. Client Selection.

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Cenza

NOVEMBER 18, 2021

The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. The legal industry is no exception to this prevailing trend, with law firms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage.

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JURIST

JULY 18, 2022

Prior to this, the people’s protests also successfully made the former Prime Minister, Mahinda Rajapaksa, and the former Finance Minister, Basil Rajapaksa “resign” on May 9th and June 9th as well. Hence, what we should say is that “the people of Sri Lanka have successfully made President Gotabaya Rajapaksa resign”.

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SimplyLawJobs

NOVEMBER 30, 2021

Some people do start as legal secretaries, work their way up to being paralegals and go on to qualify as lawyers. Becoming a paralegal is certainly easier than becoming a lawyer. Lawyers can perform “reserved legal activities” whereas paralegals cannot. The most obvious example of this is becoming a lawyer.

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JonathanTurley

JANUARY 26, 2024

Sullivan , a partner at Early Sullivan Wright Gizer & McRae LLP , who is the lawyer of Kevin Morris (who is the lawyer for Hunter Biden). Putting the personal invectives aside, Sullivan did offer a couple of details on the possible defense of Morris in a pending ethics complaint brought by a conservative legal group.

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Rocket Matter

SEPTEMBER 20, 2023

Smart forms help you pre-qualify clients, route inquiries to the right person, ensure legal compliance, and enhance user experience. In short, they make client onboarding smoother and more efficient so you can focus on delivering top-notch legal services. Running a legal practice is definitely one of those things.

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Rocket Matter

MAY 10, 2023

Advances in AI, with the ability to digest large amounts of information and create compelling text, offer massive efficiency boosts for legal services. Get free guide How to Master Your Law Firm’s Time and Billing Lawyers have a heavy workload. Get free guide See More

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Attorney at Work

AUGUST 26, 2021

As lawyers from firms and corporations saw opportunities in changing their work and lifestyles during the pandemic, the pool of contract talent has grown. Pandemic burnout caused lawyers to pause and reassess their priorities, and many concluded that contract work could be a sustainable solution for their work-life balance goals.

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Rocket Matter

MAY 23, 2023

Time tracking saves time and money Every single lawyer needs to track time for billable hours. Just waiting until the end of the day to track your time can cost a lawyer 10% of their billable time. Now imagine that every single lawyer at your firm is failing to charge for 10% of their work.

Law Firm 52

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Rocket Matter

JANUARY 23, 2024

Show up in their searches with SEO optimization There’s a sea of legal services online, and search engine optimization (SEO) is key to making you show up and stand out. SEO involves tailoring your website so that it ranks higher on search engine results pages (SERPs). Get free guide See More

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