LawTechnologyToday

MARCH 28, 2023

Legal tech startups are disrupting traditional law firms and offering new ways to improve the efficiency and effectiveness of their services. Let’s walk the journey of discovery, exploring the development of legal technology vendors and their impact on traditional law firms.

Law Firm 72

Law Firm Law Firms Legal Technology Solution Legal 72

Attorney at Work

AUGUST 26, 2021

Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. on average in the fourth quarter of 2020, according to Thomson Reuters — and 15% among AmLaw 100 firms. In large part, this can be attributed to flexibility and resilience. Creative Staffing Arrangements Can Help Law Firms Win Business.

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InHouseBlog

JULY 29, 2023

But many find in-house life just as demanding and sometimes even more stressful than life at a large law firm. Working at a law firm creates a buffer to some extent from direct client demands, as lawyers in private practice are external to their clients.

Law Firm 91

Law Firm Law Firms Lawyer Lawyers 91

The Estrin Report

JUNE 26, 2023

However, while big law firms are laying off due to overstaffing from the pandemic, the most active firms hiring today are in the mid-size, boutique and personal injury firms. Lately, I have noticed a slowdown in the time law firms take to interview and select candidates. Now there’s a firm I want to avoid!

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Paralegal Jobs Paralegal Paralegals Law Firm 245

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. When it comes to preparing your firm for the year ahead, knowledge really is power. . As we enter the new year, law firms need to be prepared to surmount: . Get free e-book.

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Legal Legal Legal Technology Solution Project Management 91

LawSites

JANUARY 3, 2022

The new year begins with news of a new chief executive at Aderant , a global provider of business management software for law firms. Cartrett has been with Atlanta-based Aderant since 2014, coming to the company from Thomson Reuters, where he had most recently been vice president, sales and account management, for large law firms.

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Law Firm Law Firms Calendaring Technology 103

LawTechnologyToday

JULY 25, 2022

In fact, the 2021 Legal Trends Report found that consumers ranked whether a law firm offered payment plans or not, as one of the most important factors for hiring a law firm. Can my law firm accept credit card payments? How will my law firm receive credit card payments? How do I set up my payment processing solution?

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Law Firm Law Firms Laws Lawyer 73

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. firms, Ovbiagele said, although he is not currently free to identify which firms. The Toronto-based company recently closed a $2.1 federal courts.

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LawSites

NOVEMBER 8, 2023

Technological advancements are reshaping industries and creating new ways of working, from the rise of the cloud to 5G and the mass adoption of large-language models and AI. Law firms must confront these obstacles head on to thrive in this dynamic environment and free up time to create more meaningful client relationships.

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LawSites

MAY 16, 2023

He leads a large global team of process engineers, design thinkers, data scientists and domain experts to develop expert solutions for both internal processes and new products. Nota , the online business banking platform designed specifically for solo and small law firms.

Data Management 88

Data Management Technology Law Firm Law Firms 88

InHouseOps

APRIL 10, 2023

In this interview with Corporate Counsel Business Journal, Alexandra Guajardo, Pricing & Analytics Officer at Shell, and Jared Applegate, Chief Legal Operations Officer with Barnes & Thornburg, discuss the challenges and opportunities inherent in legal technology solutions. Are they putting together full-service solutions?

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Legal Technology Solution Technology Project Management Legal 52

Attorney at Work

SEPTEMBER 16, 2021

But IOLTA management can present a major challenge for lawyers, particularly those in solo practice or small firms. While large law firms have advantages of scale, including dedicated accounting and bookkeeping resources and robust technology solutions, solo attorneys often manage their own office finances.

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Lawyer Lawyers Legal Assistant Legal Assistance 136

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. The Rise of Legal Tech and the Evolving Law Firm. Innovative legal tech works to increase accuracy and efficiency, allowing firms to improve workflow and capture new business. Data Security Is Top Priority.

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Law Firm Law Firms Legal Technology Solution Legal 106

Paralegal Bootcamp

SEPTEMBER 16, 2022

Kim now works as a solution consultant for Opus 2 , a legal technology company that offers a streamlined case management solution for everything from document management to hearings, arbitrations, and trials. What does a typical day look like for you as a solutions consultant? Prefer Audio Instead of Reading? I can learn this.”

Litigation 246

Litigation Litigating Paralegal Paralegals 246

CARET Legal

FEBRUARY 19, 2024

There’s one piece of advice that every law firm technology consultant should be giving: Invest in a comprehensive, scalable legal practice management software. Welcome to the digital age, where technology isn’t just a fancy add-on for law firms, but a must-have. Every firm is unique, and so are its tech needs.

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Law Firm Law Firms Laws Technology 52

LawTechnologyToday

SEPTEMBER 12, 2023

In the long run, this technology will likely help firms do what they do best, better. By utilizing these solutions, legal firms can generate initial drafts of deals and proposals swiftly. The advantage of this is a rapid turnaround and a competitive edge over rival firms.

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Legal Legal Technology Diligence 75

The Crime Report

APRIL 13, 2022

The legislation is welcome, but new laws are unlikely to provide a lasting solution. And the solution, I believe the answer lies in using technology to shield the primary point of contact for scammers: the telephone. Yet there’s a silver bullet on the horizon: a digital identity solution powered by blockchain. Noah Rafalko.

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LawSites

JANUARY 21, 2022

Case Status , a mobile client portal and messaging platform for law firms, raised $3.5 By combining the two, FileTrail expands its capabilities to provide a complete end-to-end software solution that improves compliance with internal IG policies, outside counsel guidelines and governmental regulations, it said.

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Paralegal Bootcamp

SEPTEMBER 23, 2022

Asking your firm or attorney to invest in your paralegal career development isn’t always easy. But most law firms and most employers will gladly do it if asked. Understanding the Firm’s Perspective. Not all firms have funds set aside specifically for paralegal training. I was really new to the firm.

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Paralegal Paralegals Law Firm Law Firms 245

LawSites

JANUARY 25, 2022

The International Legal Technology Association today announced the winners of its 2021 Distinguished Peer Awards , which honor achievements in leadership and innovation by individuals, legal technology vendors, law firms, corporate legal departments, and others. Solution Provider of the Year: eBrevia.

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Legal Technology Solution Project Management Law Firm Law Firms 74

Rocket Matter

NOVEMBER 7, 2023

Losing that level of billable hours amounts to thousands of dollars per attorney, per week, for your firm (a.k.a. The solution is simple. We use alternative fees” Another common problem in legal billing is that the practice of billable hours has decreased over the years with more firms seeking flat and alternative fee structures.

Lawyer 52

Lawyer Lawyers Law Firm Law Firms 52

LawSites

AUGUST 15, 2022

Last January, the law firm Redgrave LLP , which specializes in e-discovery and information law, formed the company Redgrave Strategic Data Solutions LLC to provide “i nnovative services and solutions centered at the intersection of the law, technology, and science.” for advanced client data solutions?at

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LawSites

JANUARY 9, 2024

law firms: Innovate or die. “Law firm leaders who fail to respond to [changes in the legal market] and pivot quickly enough to prepare for the future may see their firms destined for the same fate as Pan Am,” the report warns.

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Law Firm Law Firms Legal Legal 87

Attorney at Work

NOVEMBER 12, 2021

BNPL can be a game-changer for your firm, and adding it as one of your accepted payment methods is about to get even easier with ClientCredit, a new offering from LawPay. ClientCredit is the first BNPL solution for legal clients on the market and is exclusively available through LawPay. How Your Firm Benefits from ClientCredit.

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LawSites

JUNE 1, 2022

Marking its second acquisition this year, the cloud practice management company SurePoint Technologies has acquired Coyote Analytics , a company that provides practice management, financial management and business intelligence software for law firms. This transaction is about the future,” said Obermaier.

Technology 89

Technology Legal Technology Solution Law Firm Law Firms 89

LawTechnologyToday

MARCH 12, 2021

It is becoming increasingly apparent that some solutions that have been wildly successful in the consumer space haven’t yet reached its full potential to adequately address business needs. However, many legacy voice tools fall short in meeting the demands of firms that are challenged to compete in the new digital era.

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Attorney at Work

JANUARY 27, 2022

When discussing legal tech as an industry, we often focus on horizontal solutions — research, document management, case management, practice management — that apply to law firms regardless of practice area. Practice-Specific Legal Software Solutions. TrackWithEase is a transaction management solution for real estate lawyers.

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Legal Technology Solution Legal Legal Real Estate 102

LawSites

AUGUST 2, 2023

In May, LexisNexis announced the launch of Lexis+ AI, a product that uses large language models (LLMs) to answer legal research questions, summarize legal issues, and generate drafts of documents such as demand letters or client emails. Lexis Create is an “intelligent” document drafting solution built into Microsoft Word.

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Drafting Legal Legal Legal Research 86

LawTechnologyToday

FEBRUARY 28, 2023

ABA TECHSHOW: Meet Wisedocs Wisedocs is the medical record review machine learning software for insurance carriers, healthcare providers, laws firms, and TPAs making waves in the claims industry. Wisedocs provides an easy-to-integrate solution for improved accuracy and speed to deliver improved outcomes in the medical claims process.

Tort 95

Tort Law Firm Law Firms Document Management 95

InHouseOps

JUNE 12, 2023

In this interview with Corporate Counsel Business Journal, Anthony Pacilio of CAI Neurodiverse Solutions discusses the benefits of neurodiversity, a term that encompasses the range of differences in individual brain function and behavioral traits, including autism spectrum disorder, ADHD, dyslexia, dyspraxia, among other conditions.

Healthcare 52

Healthcare Finance Law Firm Law Firms 52

Paralegal Bootcamp

SEPTEMBER 30, 2021

However, this inherent familiarity with (and normalization of) technology still leaves a gap of real-world proficiency within the software tools law firms rely on every day. A large part of this consists of conducting legal research, gathering relevant information, and assembling it all into a written report and/or a presentation.

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Paralegal Paralegals Technology Legal Research 243

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. Other types of cloud software used by firms: Calendar management software, 44%. Document management software, 43%.

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LawTechnologyToday

DECEMBER 21, 2020

Cloud technology brings a suite of benefits to law firms. It allows them to easily access their data from various devices, it cuts the cost of maintaining proprietary infrastructure, and it helps law firms easily scale their storage space. . But it’s not enough to just implement IT solutions. . Information access.

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LawTechnologyToday

OCTOBER 12, 2022

What to do when your law firm won’t embrace technology. Many legal professionals face the frustration of working at a firm that will not embrace technology. If you’re feeling stuck at a firm that insists on doing things manually, you’re not alone. A large factor in this dynamic is the generational gap.

Technology 97

Technology Law Firm Law Firms eDiscovery 97

Cenza

MARCH 30, 2022

During the COVID-19 pandemic, corporate legal departments and law firms around the world struggled to meet the new normal’s demands. LPO is becoming more popular among businesses because it provides solutions to problems involving people, processes, and technology. What is Legal Process Outsourcing? Why Does LPO Matter?

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Document Review Legal Legal eDiscovery 52

LawTechnologyToday

MARCH 23, 2023

However, it is abundantly obvious that many legal technology solutions are already significantly improving the lives of attorneys. In order to meet the problems of escalating workflow and productivity demands on a constrained budget, law firms are eager to invest in legal technology services.

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MyCase

APRIL 29, 2024

The short answer is no, but writing off AI altogether would be a disservice to your firm and clients. Due Diligence AI can aid due diligence processes in complex transactions such as mergers and acquisitions by analyzing large volumes of documents and data. Areas Where Human Judgement Prevails 1.

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Document Review Lawyer Lawyers eDiscovery 52