LawSites

JULY 15, 2021

now have direct access to Lawgood , a practice tool for drafting contracts and clauses using market standards. Wolters Kluwer says this provides “another important component to our comprehensive solution as it allows legal departments to create and update their contracts in-house effectively.”. Buttons enable users to tailor clauses.

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Attorney at Work

SEPTEMBER 23, 2021

By embracing legal tech, firms are stepping into the future and preserving the integrity and success of their practices. forcing at-home work to extend even further, the legal industry continues to feel the disruption. The good news is that legal tech programs can prove valuable in helping you manage and protect your law practice.

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LawTechnologyToday

MARCH 23, 2023

Change is afoot in a legal sector known for its traditional working practices. Others predict present trends will drastically disrupt the profession. 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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Attorney at Work

SEPTEMBER 7, 2021

Clients are the lifeblood of your law practice. That’s why many firms have adopted client relationship management (CRM) solutions to help improve relationships with current clients, attract new ones and transform the way they do business. What do law firm CRM systems do — and do you really need one? Is it worth it? What Is CRM?

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LawTechnologyToday

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. So, how do you identify the ideal solution? Finding the right online legal payments solution There are plenty of options available, but armed with the right questions, you’ll make an informed choice.

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CARET Legal

MARCH 13, 2024

The Best Tips for Improving Law Firm Efficiency Efficiency is crucial in the legal industry and law firms are constantly seeking new ways to improve their productivity while still providing exceptional legal services. Reports and analytics to help grow your practice 10. This generates morale and motivation among employees.

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MyCase

APRIL 29, 2024

AI has already begun to make its mark in the legal industry. In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. However, it is reshaping traditional models of practicing law.

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MyCase

JANUARY 24, 2024

Generative artificial intelligence (GenAI) is not a fleeting trend, but a critical tool reshaping the future of the legal profession. Recent statistics underscore this urgency: A Wolters Kluwer report reveals that 73% of surveyed lawyers plan to incorporate generative AI into their legal practice within the next year.

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MyCase

SEPTEMBER 21, 2022

As lawyers adapt to recent industry-wide changes prompted by the COVID-19 pandemic, many wonder: What’s next? Emerging legal technology trends to prepare for . Legal practice management software (LPM), including MyCase. Implementing just one of these new legal technology tools can help improve your practice.

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InHouseOps

NOVEMBER 21, 2022

The legal technology industry raised more than $2.5 Equitable hiring practices should focus on applicants who are best qualified. Legal operations professionals have a unique opportunity to emphasize the importance of designing and implementing a business solution ecosystem to guide greater efficiency and decision-making.

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Rocket Matter

DECEMBER 21, 2022

Big tech changed the game in how we run our everyday lives, so stay up to date with the latest available software solutions to keep clients happy. Like any year, 2022 threw a unique set of challenges at the legal industry. Get free e-book. When it comes to preparing your firm for the year ahead, knowledge really is power. .

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Legal Legal Legal Technology Solution Project Management 91

LawSites

JANUARY 21, 2022

The company was cofounded in 2017 by lawyer Lauren Sturdivant , who later returned to law practice but remains chairman of the board, and Andy Seavers , who was its CTO before becoming CEO after Sturdivant’s departure. I had previously reported on the startup’s raise of $1.5 FileTrail acquires Teravine.

Legal Services 98

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The Process Street

NOVEMBER 28, 2023

It was once the stuff of utopian science fiction and huge enterprises, but now practically anyone can take advantage. Source ) A decade ago, the technology was hardly mature enough to be of any practical use. Source ) A decade ago, the technology was hardly mature enough to be of any practical use.

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LawTechnologyToday

SEPTEMBER 22, 2021

The intellectual property (IP) industry is growing, as is the need to manage the huge volume of deadlines associated with protecting IP. Interestingly, IP practice tends to encompass areas of practice that substantially differ from each other. Ultimately, the answer is different for each firm and each situation.

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LawTechnologyToday

DECEMBER 20, 2022

The trend of clients paying their legal fees online or with a credit card is undeniable, but are lawyers allowed to accept payments online? However, using a legal payment solution like LawPay, explicitly made for attorneys and the legal industry, is the best way of keeping your transactions above board and secure. .

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LawTechnologyToday

APRIL 6, 2021

But one of the simplest solutions may be right in front of you. Using too many systems to manage your practice (like one to bill your clients and another to keep track of your accounting) means that you and you’re team spending valuable time on administrative tasks when you could be logging billable hours or finding new clients.

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Law Firm Law Firms Laws Technology 53

InHouseOps

JULY 25, 2022

What does it take to have a modern law approach to practice? Recently, the phrase “modern law” has been floating around in the legal industry. Collaboration between legal and tech professionals is the driving force towards a new way to practice law. What does it take to have a modern law approach to practice?

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Technology Document Review Legal Technology Solution Legal 59

CARET Legal

APRIL 3, 2024

However, this figure can vary significantly based on factors like the size, location, and practice area of your firm. And if the collection rate is on a downward trend, there might be some snags in your billing practices or client payments. What Is a Good Profit Margin for a Law Firm? A low realization rate ?

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MyCase

JULY 20, 2023

Legal tech solutions have not only become an integral part of efficient law firm operations , but also a significant contributor to firm profitability. Selecting legal tech solutions that offer strong data security measures, including encryption and regular security audits is crucial. The strategies below can help alleviate this.

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Paralegal Bootcamp

SEPTEMBER 30, 2021

Sure, younger generations are practically born with a mobile device in their hand. They are constantly “caught up” in the goings-on of their entire high school class; they can rattle off no fewer than five relevant hashtags for any given topic; they can sync a silly dance video in perfect harmony with a trending soundtrack.

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Attorney at Work

JANUARY 17, 2022

As we round out the month of January, let us take a look at the top digital marketing trends for 2022. As industry giants like Google and Apple continue to enact privacy changes, attorneys need to be aware of how those changes could impact their advertising strategies and campaigns. The Evolution of SEO. The Growth of Video Marketing.

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LawTechnologyToday

DECEMBER 16, 2020

SaaS solutions built on public utility clouds have already delivered unprecedented performance and security to end users. The legal industry has seen game-changing applications built and delivered on top of existing SaaS platforms, often more quickly and at a fraction of the cost that would have been required to build from scratch.

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LawTechnologyToday

OCTOBER 12, 2022

Generational differences are trends, not absolutes. There’s also a strong emphasis on tradition and precedent in the legal industry which naturally makes it harder to embrace new trends. Modern digital technology provides an increase in efficiency and productivity that is simply not possible with old-school solutions.

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LawTechnologyToday

APRIL 25, 2023

As we move into a new decade, the legal industry is undergoing a transformative shift with the rise of technology specifically designed for this field. In a world where technology is advancing at a lightning pace, it can be challenging for law firms to keep up with the latest trends and advancements.

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LawSites

DECEMBER 14, 2022

A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Practice-area specific software, 17%. Other types of cloud software used by firms: Calendar management software, 44%.

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LawTechnologyToday

NOVEMBER 25, 2022

Technology has been both a friend and foe to the legal industry. Some embrace technology and continue to look for the best existing and emerging technologies to “turbocharge” their practice, while others fear the disruption and uncertainty of adding new gadgets and gizmos to their already-existing successful practice.

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Technology Legal Technology Solution Attorney Lawyer 86

Cenza

SEPTEMBER 15, 2022

Keeping up with industry trends is crucial in today’s fast-moving business world. With Contract Solutions being one of the major services of Cenza, our Contract Management experts have been publishing blogs covering various aspects of CLM. With statistics and global trends, this is indeed an insightful piece.

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Contract Legal Legal 52

The Fashion Law

SEPTEMBER 6, 2021

In fact, global clothing consumption is predicted to rise by 63 percent by 2030 , fueled both by increasing demand for readily available, mass-produced, trend-driven fast fashion, and by a growing middle class population with disposable income. Therein lies the challenge of trying to regulate a global industry without standardized practices.

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Manufacturing Diligence Government Legal 77

MyCase

SEPTEMBER 13, 2022

In this article, we’ll cover important components of lawyer marketing, as well as best practices, so you maximize client intake and conversions. Take into account your practice area and location. A large corporate firm in New York will likely have a higher marketing budget than a small family practice in Nevada. .

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LawTechnologyToday

MARCH 15, 2021

Time pressure and demands increased, and more significantly, the industry of technology for law firms boomed. Technology for lawyers has influenced every factor in the legal area, from corporate practice and law firms to document administration and courtroom processes. Machine Learning. Artificial Intelligence (AI). Conclusion.

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Technology Laws Law Firm Law Firms 74

The Estrin Report

JUNE 26, 2023

Tax practices will grow as M&A picks up, and as companies look to save taxes and plan for potential changes in the tax law. Daly City, CA beats the national average by $16,726 (21.7%), and Berkeley, CA furthers that trend with another $19,943 (25.9%) above the $77,122 average. Practically gone. The remote position?

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Paralegal Jobs Paralegal Paralegals Law Firm 245

The Fashion Law

DECEMBER 8, 2021

Of the world’s industries that profit from worker exploitation, the fashion industry is notorious , in part because of the sharp contrast between how fashion is made and how it is marketed, including when it comes to the notions of sustainability and ethical consumption. Out of sight, out of mind.

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LawSites

JANUARY 21, 2022

The company was cofounded in 2017 by lawyer Lauren Sturdivant , who later returned to law practice but remains chairman of the board, and Andy Seavers , who was its CTO before becoming CEO after Sturdivant’s departure. I had previously reported on the startup’s raise of $1.5 FileTrail acquires Teravine.

Legal Services 52

Legal Services Law Firm Law Firms Government 52

Rocket Matter

NOVEMBER 13, 2023

Join us as we unlock the secrets to efficiency, free up your time for the important stuff (like actually practicing law), and introduce you to a web service that's so tailored for law firms it practically passed the bar exam. So, grab your favorite legal pad, and let's dive in. Trust us, you'll want to take notes. Glad you asked!

Law Firm 52

Law Firm Law Firms Laws Legal 52

Rocket Matter

FEBRUARY 6, 2024

In an environment where billable hours are the lifeblood of your practice , how do you ensure you don’t lose those valuable minutes? Rocket Matter’s Time Tracking Essentials is the modern solution for this age-old dilemma. Tailored to solo, small, and medium-sized practices, this pricing model lets you only pay for what you need.

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Cenza

MARCH 30, 2022

LPO is becoming more popular among businesses because it provides solutions to problems involving people, processes, and technology. This has intensified the challenges encountered by corporate legal departments, which are in need of evaluating and implementing LPO solutions. Industry Trends for LPO.

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Document Review Legal Legal eDiscovery 52

InHouseOps

MARCH 4, 2022

With the current focus on artificial intelligence (AI) as one of the biggest trends in legal technology, it is not surprising that more companies are now touting the AI capabilities of their bill review solutions. However, building an AI solution is not a simple process.

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