The Estrin Report

MARCH 25, 2024

Estrin I had lunch last week with a friend who is the Director of Administration at a top, major law firm. The firm had been seeking a litigation paralegal for months. At this writing, the unemployment rate in the legal field is below 1% or, specifically,06%. Be aware, staff in law firms are above average in intelligence.

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Law Firm Law Firms Paralegal Paralegals 218

LawSites

JUNE 22, 2023

A federal district judge has imposed monetary and other sanctions on the two lawyers who filed a brief laden with bogus cases they found when they relied on ChatGPT for legal research. Schwartz, as well as the law firm of Levidow, Levidow & Oberman, to pay a penalty of $5,000.

Legal Research 135

Legal Research Lawyer Lawyers Legal 135

LawSites

JANUARY 17, 2022

The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 First, the capital will help Casetext continue to create and improve products that help lawyers search the law and their own documents as well as to efficiently draft legal documents like briefs.

Legal Research 109

Legal Research Legal Legal Technology 109

Attorney at Work

SEPTEMBER 15, 2021

Using legal data for strategic law firm planning is no longer reserved for BigLaw. This allows firms to find new business opportunities and better understand their real market share. This allows firms to find new business opportunities and better understand their real market share. Long-Term Trends.

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Law Firm Law Firms Attorney Legal 144

LawSites

JULY 19, 2022

Recently, I reported here on the “quiet” launch of a new legal research service, Decisis , targeting bar associations and 1-2 lawyer law firms. as well as president of the company that created Decisis, Legal InQuery Solutions. Pfeifer , who is chief product officer for LexisNexis in Canada, the U.K. and the U.S.,

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LawTechnologyToday

MARCH 28, 2023

Have you noticed how technology is transforming the legal industry? It’s happening right now, and it’s changing the way you practice law. Legal tech startups are disrupting traditional law firms and offering new ways to improve the efficiency and effectiveness of their services. Let’s get started.

Law Firm 72

Law Firm Law Firms Legal Technology Solution Legal 72

CARET Legal

FEBRUARY 23, 2024

AI is expected to automate nearly half of legal tasks in the US and Europe. Several legal technology trends are set to reshape how law firms operate. According to a Goldman Sachs report , AI is expected to automate nearly half of legal tasks in the US and Europe.

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Law Firm Law Firms Technology Legal Technology Solution 53

LawSites

APRIL 11, 2024

While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Let’s revisit five of the most momentous legal tech fails of the last 10 years. Let’s revisit five of the most momentous legal tech fails of the last 10 years.

Legal 124

Legal Legal Legal Research Legal Services 124

LawSites

JANUARY 17, 2022

The legal research company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 First, the capital will help Casetext continue to create and improve products that help lawyers search the law and their own documents as well as to efficiently draft legal documents like briefs.

Legal Research 59

Legal Research Legal Legal Technology 59

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. For legal practitioners, there are a number of metrices that are indicative of the firm’s or the department’s performance.

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Law Firm Law Firms Document Review Laws 90

LawSites

FEBRUARY 29, 2024

million pre-seed funding round led by two venture capital firms, Maple , which invests in companies with Canadian roots, and Haystack , which invests in early-stage companies. ” He distinguished Bench IQ from legal analytics companies such as Lex Machina or Pre/Dicta. The Toronto-based company recently closed a $2.1

Legal 134

Legal Legal Legal Research Technology 134

LawSites

MARCH 20, 2024

Fast Company is out with its annual ranking of the world’s most innovative companies , and of the 606 companies that made the list, just four are from legal tech. ” Here are the four legal tech companies that made the list, based on my review. “They lead their fields and are transforming the world.”

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Divorce Legal Legal Contract 122

ALPS

AUGUST 2, 2023

They were enthused about how fast it was and how they could utilize it for legal research, drafting legal documents, case analysis, legal compliance, composing client communications and the list goes on. A lot of lawyers thought they had discovered a golden ticket when they discovered ChatGPT.

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Law Firm Law Firms Legal Research Attorney 98

LawSites

MAY 16, 2023

The majority of law firms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball. What are the legal tech products firms are most likely to use? According to the survey, the most popular are: Legal research, 61%.

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Law Firm Law Firms eDiscovery Laws 107

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 Rise of Legal Tech and the Evolving Law Firm. Data Security Is Top Priority.

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Law Firm Law Firms Legal Technology Solution Legal 105

LegalTalkNetwork

DECEMBER 26, 2023

As the New Year approaches, legal professionals find themselves at the crossroads of reflection and anticipation. Planning for the upcoming year is not only a strategic necessity, but also a crucial step toward ensuring success in an ever-evolving legal landscape.

Legal 111

Legal Legal Law Firm Law Firms 111

Attorney at Work

JANUARY 13, 2022

Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.

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eDiscovery Document Review Law Firm Law Firms 141

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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Law Firm Law Firms Laws Legal Research 52

LawTechnologyToday

FEBRUARY 16, 2021

With such monumental growth, it’s no wonder the legal industry is getting in on the action. As luck would have it, the legal field is fertile ground for the benefits of AI technology. 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.

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Law Firm Law Firms Laws Legal Research 103

LawTechnologyToday

NOVEMBER 9, 2021

The 2021 ABA Legal Technology Survey Report is now available for purchase! The ABA Legal Technology Survey Report is the most comprehensive study available of lawyers’ actual technology use, spanning a vast range of topics from security and basic office software to technology budgets, marketing tools, and much more. Legal Research.

Technology 103

Technology Legal Legal Legal Research 103

LawTechnologyToday

MARCH 23, 2023

Change is afoot in a legal sector known for its traditional working practices. The latest in legal technology may seem overstated to some. 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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Legal Technology Solution Technology Document Review Lawyer 84

LawTechnologyToday

NOVEMBER 30, 2022

Which Technology Is the Best Fit for Your Law Firm? As with most professional service providers, legal professionals have a tendency to fall into the “If it ain’t broke…” camp. It’s a big part of the reason why many law firms have historically been slow to adopt new technology.

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Law Firm Law Firms Technology Legal Technology Solution 93

CARET Legal

APRIL 12, 2024

The answer lies in law firm management software. Running a law firm is no small feat. Amidst all these responsibilities, it’s important to remember that your attorneys are there to do what they do best – provide exceptional legal advice, represent clients, and win cases.

Attorney 84

Attorney Law Firm Law Firms Case Management 84

Rocket Matter

NOVEMBER 21, 2023

To help get your firm up to speed on year-end tax prep, we’ve compiled this list of seven essential tips to take the headache out of doing your taxes and allow you to return to focusing on what matters most: your clients. 7 tips for law firms to get ready for taxes Grab a holiday cookie and turn off your email notifications.

Law Firm 52

Law Firm Law Firms Laws Legal 52

Paralegal Bootcamp

OCTOBER 16, 2023

Legal Research and Writing In my first year of studying Paralegal Studies, my school provided us with Westlaw/LexisNexis (legal research software) that we used for legal research purposes. which provided me with a comprehensive understanding of the legal system and procedures. GET ACCESS 3.

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The Estrin Report

AUGUST 26, 2021

You can become a generalist or specialize in a legal specialty such as bankruptcy, litigation, real estate, estate planning or corporate. I soon realized I missed working in the legal field, but at the same time wanted to own my own business. In January 2008, I began researching the world of virtual assistants. App development.

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Legal Assistant Legal Assistance Virtual Assistant Legal 246

LawSites

NOVEMBER 30, 2023

Seven times since 2016, Thomson Reuters has conducted a survey on the state of small law firms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.

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Law Firm Law Firms Laws Lawyer 111

Attorney at Work

JUNE 28, 2022

Practical Law ® is the source of trusted, readily available standard documents, practice notes, checklists, legal updates, how-to guides, and more. It helps firms enhance productivity, increase efficiency, and improve response time — allowing you to add more value to your client. You can rely on their breadth of legal knowledge.

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Law Firm Law Firms Laws Attorney 102

ABA Journal

APRIL 1, 2021

A corporate litigant disputing the legal bill charged by Squire Patton Boggs has filed a third-party complaint alleging that LexisNexis helped the law firm inflate…

Legal Research 62

Legal Research Legal Legal Law Firm 62

LawTechnologyToday

FEBRUARY 21, 2022

As with most professional service providers, legal professionals have a tendency to fall into the “If it ain’t broke…” camp. It’s a big part of the reason why many law firms have historically been slow to adopt new technology. . The Impact of COVID-19 on Legal Tech. Legal Research . Accounting .

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Law Firm Law Firms Technology Legal Technology Solution 88

Sterno

JUNE 30, 2022

The digital age is transforming virtually every industry, and the legal field is no exception. Modern tools and techniques like eDiscovery, legal research analytics, automated document assembly, and e-filing are streamlining and improving the traditional litigation process.

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eDiscovery Legal Research Law Firm Law Firms 130

LegalTalkNetwork

JUNE 28, 2022

Choosing which legal software systems to use in your law practice is a big decision. New innovations in legal tech have become the great equalizer for many law firms, helping them output that’s competitive with other, larger law firms. Of course, not every law office needs every kind of software.

Law Firm 52

Law Firm Law Firms Technology Legal Technology Solution 52

Cenza

JANUARY 27, 2023

The practice of outsourcing certain aspects of legal work by law firms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.

Document Review 77

Document Review Legal Services Legal Legal 77

CARET Legal

MARCH 20, 2024

An appellate case management system is a tool that can make a significant difference in a law firm’s operations, helping navigate these challenges effortlessly. Law firms may need to go through thousands of pages of transcripts, exhibits, and trial court records to identify potential errors or issues for appeal.

Case Management 100

Case Management Litigation Litigating Document Management 100

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.

Law Firm 52

Law Firm Law Firms Laws Technology 52

Attorney at Work

JULY 14, 2021

Legal recruiting is an important business development tool for law firms looking to expand their client roster, build up their practice areas, and open offices in new locations. In this second article, let’s discuss how firms can use litigation data to make their legal recruiting a more successful and profitable endeavor.

Legal 98

Legal Legal Attorney Law Firm 98

MyCase

JANUARY 24, 2024

Generative artificial intelligence (GenAI) is not a fleeting trend, but a critical tool reshaping the future of the legal profession. Embracing this technological revolution is imperative for lawyers and legal professionals who aim to remain competitive and relevant. MyCase IQ boasts groundbreaking legal AI software features.

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Document Review Legal Legal Legal Technology Solution 52