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Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. In response, they are investing more in automation, advanced analytics and other technologies that will help them manage the workload. According to Gartner Inc., And is it a game only BigLaw can play?
The law practice management company MyCase has quietly acquired two legal technology companies in recent months, without announcing the acquisitions to the public. On March 31, MyCase acquired CASEpeer , a casemanagement platform for plaintiffs’ attorneys. CASEpeer, founded in 2015 and based in Newport Beach, Calif.,
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
According to the US Bureau of Labor Statistics, employment of paralegals and legal assistants is projected to grow 12 percent from 2020 to 2030, faster than the average for all occupations. Paralegals and legal assistants held about 345,600 jobs in 2020. Federal Government 5%. Finance and Insurance 3%. Meet the Author.
Now that lawyers have been working remotely over the past year – and may continue to do so in the future – the legal software choices made by law firm leaders take on a whole new level of importance. That’s where the different functions of legal software come in. Client and calendar management software.
As a result, many law firms seek out legal assistants to keep everything running smoothly and boost their productivity. Most successful law firms employ support teams with a mix of paralegals and legal assistants, however, the duties of a legal assistant can vary a great deal depending on who you ask. What is a Legal Assistant?
As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.
“Arman’s strong leadership will drive continued innovation in the legal industry, with the end goal being to allow MyCase to continue to expand and help lawyers easily adopt and integrate the software they need to run successful thriving law firms,” McGinnis said.
According to the 2021 Legal Trends Report , law firms only billed 31% of their eight-hour workday on average. These tasks include routine and administrative work, like client intake, document creation, and billing and collections. Document automation: Document creation is another essential law office task.
Help pick the 15 legal tech startups that will get to compete at the eighth-annual Startup Alley at ABA TECHSHOW 2024. It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting. Voting is now open! 14-17, 2024, in Chicago.
Ashley is a Sessional Instructor for the Paralegal Studies and Office Assistant Programs at McEwen University, and she has over 16 years of experience in the legal industry. Ashley’s dedication to supporting future legal professionals shines through her teaching and mentorship.
These legal AI players incorporate emerging technologies to either fully or partially automate services across the lifecycle of a contract – ranging from drafting, reviewing, and redlining contracts to negotiation to end-to-end management. Companies in the legal space have often been considered to be slow adopters of new technologies.
Here is your chance to help pick the legal technology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. We apply Natural Language Processing and a semantic knowledge graph to the process that attorneys use to research, analyze and write complex legaldocuments. We need your vote!
The law practice management company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides casemanagement, immigration forms, and client-relationship management. As reported here on April 20 , the practice management company Paradigm acquired LollyLaw.
Here is your chance to help pick the legal technology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. We apply Natural Language Processing and a semantic knowledge graph to the process that attorneys use to research, analyze and write complex legaldocuments. We need your vote!
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