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Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I Smokeball was founded in 2010 and has been adding useful features for lawfirms ever since. I love the smell of precedent in the morning.)
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a lawfirm website — or how long they can put it off. Maybe you have started by claiming a free Google business profile for your lawfirm and using social media to connect with potential clients.
Lawfirms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. Increasing law practice specialization.
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 lawfirm leaders take on a whole new level of importance. Which types of software do lawfirms use most often? Client and calendar management software.
In this live virtual workshop, attorney Benson Varghese showcased the latest game-changing collaboration features in MyCase that allow his firm (and many others) to resolve cases quicker and get paid faster in 2021. The post 5 Virtual Collaboration Tools LawFirms Need in 2021 appeared first on MyCase Blog.
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Seven times since 2016, Thomson Reuters has conducted a survey on the state of small lawfirms 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.
The 2021 ABA Legal Technology Survey Report will be important historically because it gives us the first look at how lawyers responded to the COVID-19 pandemic. In fact, the 2021 results might be interpreted as another example of lawyers being late arrivals to technologies widely in use in other professions and businesses.
Streamline lawfirm workflows . According to more than 2,000 survey respondents who participated in MyCase’s 2021 Legal Industry Report , 61% of lawyers find capturing billable time a challenge. . Generating invoices and managing payments are essential to a lawfirm’s financial success.
Which Technology Is the Best Fit for Your LawFirm? It’s a big part of the reason why many lawfirms have historically been slow to adopt new technology. Now, in 2022, lawfirms are facing a handful of new challenges, depending on how they initially responded to the shift to remote work. . CaseManagement.
That’s why there’s no better time than now to build a strong foundation for success in 2021. There will be many different keys to prosperity in the coming year, one of which is a strong marketing plan for your firm. Of course, there’s no right way to market your lawfirm in 2021.
When your lawfirm is in a slump, and youre feeling the weight of the small tasks that slowly add up over time, sometimes all you need is to simplify your efforts. Look for these six features when choosing a legal CRMand put them to work for your lawfirm. Every lawfirm runs a little differently.
Businesses, including lawfirms, are beginning to re-open, and employees are heading back to work. Rather, lawfirm leaders should reflect on what was learned from the effects of the pandemic, including the benefits of remote working, and how to incorporate those learnings into their businesses moving forward.
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.,
A boutique lawfirm’s casemanagement process provides a different experience for lawyers and clients. . In this article, we’ll uncover what you need to know about boutique firms, such as: What is a boutique lawfirm and what is biglaw? How boutique lawfirms differ from biglaw firms.
Law practice management software (LPMS) is growing at an accelerated rate among lawfirms looking to improve business competitiveness, productivity, and profitability. According to the American Bar Association (ABA) 2022 Tech Report , the adoption growth of LPMS is clear—with a notable increase in solo and small firms.
The new year begins with news of a new chief executive at Aderant , a global provider of business management software for lawfirms. “This is where I know that Aderant can affect real change for firms. . “This is where I know that Aderant can affect real change for firms.
Since that time, the COVID-19 pandemic has entered our lives, and the 2021 Legal Technology Survey Report “Life and Practice” survey results indicate that there are still a fair number of attorneys who are struggling to achieve an appropriate “work-life” balance. Lawyers and lawfirms own or lease office space which costs money.
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.
Though all lawfirms share some similar concerns, solo or small firms present unique challenges and benefits due to smaller headcounts and fewer resources. To be profitable, smaller lawmanagement requires a strategic structure to oversee staff delegation, client relationships, office management, and cases.
Paradigm says it has seen substantial growth in recent years as lawfirms have moved to cloud-based products, and that it currently serves 11,000 lawfirms. LawSites also broke the news in July that MyCase had acquired casemanagement platform CASEpeer and document automation company Woodpecker.
Our partner The Student Lawyer covers the benefits, challenges and relationships lawfirms have with consumers and legal technology, by author Elizabeth Adeogun. The 2017 LawFirm Flexibility Benchmarking Survey found that 64.7% of lawfirms allow their lawyers to telecommute.
Below, we’ll examine what modern-day lawyers need to know about lawfirm cybersecurity risks and policies. Why should every practice establish a lawfirm information security policy? . What tools can help lawfirms protect data more easily and effectively? . What is a LawFirm Information Security Policy? .
In what is clearly a major milestone for Milestones , a legal tech company whose product provides lawfirm clients with automatic updates on their cases, it has closed a $2.1 The company, founded in 2021, had previously raised $500,000 in pre-seed funding.
The law practice management company Paradigm has acquired LollyLaw , a cloud-based, all-in-one practice management platform designed for immigration lawfirms. Immigration-specific workflows to automate case lifecycles. So our software helps facilitate that.”. Continuing Expansion.
According to the 2021 Legal Trends Report , lawfirms only billed 31% of their eight-hour workday on average. Although these are essential tasks for lawfirms, automating many of these law office tasks can help firms increase productivity and efficiency, and improve their bottom line. .
In a few of my recent posts I shared data on lawyer demographics, diversity , stressors, and future plans obtained from the recently released ABA Profile of the Profession 2021. In 2021 – especially while we’re in the middle of a worldwide pandemic – the internet is where it’s at. Online legal resources.
We discussed Clio’s greater focus on midsized lawfirms, its impending launch of generative AI, its roll-out of features for legal aid providers, and its rebranding of its Lawyaw document automation software. began looking for a way to innovate its casemanagement. That’s the superpower we have,” he said.
Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering lawfirms a comprehensive platform with everything they need to manage their administrative sides.
What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller lawfirms have a bullish outlook on their future prospects — and with good reason. So says the 2022 State of U.S. Where are those tech dollars going?
Target customer: In-house legal departments and lawfirm attorneys who serve as outside general counsel. Founded: 7/6/2021. Elevator pitch: Akroda is a project management and communication hub that centralizes collaboration, workflows and reporting for legal teams that lack software tools built specifically for legal function.
In this article, we’ll cover what you need to know about lawfirm growth, including: . How to grow a lawfirm using seven straightforward steps . What Does LawFirm Growth Mean? . At the most basic level, growing your lawfirm comes down to increasing revenue and profits. In short, yes.
In 2021, 70% of respondents reported that they used cloud computing, up from 60% in 2021. The legal profession still lags the business world in cloud usage, but we still expect the practice of law to be much more cloud-intensive in the near future than it is now, with courts and clients driving many of the changes.
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Whether lawfirms are filing into well-established eFiling courts or joining a court that is transitioning to eFiling for the first time, there are a variety of issues that can come up with documents that may cause them to be rejected. . It is even more important, in this case, that the data is accurate. Download now.
AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. This system empowers firms to precisely assess and assign value to projects, vital in a landscape where AI/efficiency gains drastically shorten task timelines. We have small and midsize lawfirm customers.
Building a high-quality lawfirmmanagement system is essential for reducing inefficiencies and errors that cause poor client relations, creating a positive work environment, staying in compliance, winning or resolving more cases, and ultimately increasing revenue. 6 Best Practices for Management in a LawFirm.
With generative AI settling into the legal tech space, lawfirms adopting more technology, and client expectations shifting, it can be tough to keep up with the latest changes. Understanding the state of the industry can help your lawfirm stay ahead of the curve. How many lawfirms are there in the U.S.?
News today of Soluno’s acquisition comes after this blog broke the news in July that MyCase had acquired CASEpeer , a casemanagement platform for plaintiffs’ attorneys, and Woodpecker , which provides legal document automation software for solo and small lawfirms. ” MyCase Drive and Accounting.
News today of Soluno’s acquisition comes after this blog broke the news in July that MyCase had acquired CASEpeer , a casemanagement platform for plaintiffs’ attorneys, and Woodpecker , which provides legal document automation software for solo and small lawfirms. ” MyCase Drive and Accounting.
The new year begins with news of a new chief executive at Aderant , a global provider of business management software for lawfirms. “This is where I know that Aderant can affect real change for firms. . “This is where I know that Aderant can affect real change for firms.
This is because some paralegals might prefer a corporate setting as an in-house paralegal, while others might thrive in a lawfirm setting working in civil litigation or other commercial litigation. However, according to the Bureau of Labor Statistics , the median annual wage for paralegals and legal assistants was $56,230 in 2021.
When your lawfirm is in a slump, and youre feeling the weight of the small tasks that slowly add up over time, sometimes all you need is to simplify your efforts. Look for these six features when choosing a legal CRMand put them to work for your lawfirm. Every lawfirm runs a little differently.
In February 2021, Thomson Reuters Institute has published the biennial study in partnership with the Center on Ethics and the Legal Profession at Georgetown Law, and the Saïd Business School at the University of Oxford. However, the data denotes that they have evolved as a strong ally today for lawfirms and corporate legal entities.
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