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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.)
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.
For example, Attorney at Work’s Top 20 Articles of 2021 captures the zeitgeist of what’s on the minds of small lawfirms. Yesterday at TechnoLawyer, we published our annual awards, aptly titled TechnoLawyer Top 10 Products of 2021. DocMoto is a documentmanagementsystem (DMS) built for lawfirms.
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.
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.
It is the platform on which the lawfirm Ogletree Deakins built its ODConnect 2.0 intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards. Each office in a firm can have a unique page with information tailored to the location.
E-signatures had a market share of $3 billion in 2021. billion by 2029, your lawfirm needs to get on board—and sooner rather than later. Along with e-signatures, secure file-sharing is a… Read More » 7 Ways to Implement File-Sharing and E-Signatures at Your LawFirm.
Our opening keynote speeches by Jim McGinnis, CEO, MyCase and Tressa Schultze, Head of Product, MyCase detailed exciting technological advances for the future of MyCase and the steps we’re taking to help lawfirms thrive by using technology they love. New Release: 2021 MyCase Legal Industry Report.
In the “Technology Basics & Security” volume, which covers technology planning and budgeting, 24% of the respondents are in solo practice (down from 26% in 2020) and 20% are in firms with 2-9 attorneys (down from 30% in 2020). Respondents to the 2021 Survey were asked about their firms’ budget for technology.
The lifeblood of the legal industry was once paper, but today, though paper still plays a role, most legal content is stored digitally, and IT teams have facilitated this transition by building and implementing on-premises systems. Moving to the cloud can make a lawfirms data much more secure than it is today.
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 lawfirms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.
Since launching to the legal market in 2021, the matter management platform Dashboard Legal has built a loyal following among lawfirm associates, who find it a superior alternative to updating and circulating checklists in Microsoft Word or Excel, says founder and CEO Mat Rotenberg.
However, once the pandemic struck in March, I quickly shifted my focus to the tools that would help lawfirms continue to operate seamlessly and securely, even with a dispersed workforce. Documentmanagement software. In April I wrote about documentmanagement software. Legal billing software.
Zuva is the company that was spun out from the pioneering AI contract analysis company Kira when Litera, a global legal technology company, acquired Kira in 2021. It offers contract analysis AI through an embeddable API, enabling lawfirms, corporations and others to implement contracts AI within their own applications.
Back to Basics for Lawyers: Daily Law Practice Management. September 15th, 2021 2:00-2:30 PM ET. Lawyers can talk a lot about “practice management” — but it’s usually at the strategic or management level. Register here !
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.
Here is a list of top most-downloaded resources of 2021. Clio 2021 Legal Trends Report. Forrester TEI Study: Building a Business Case for Modern DocumentManagement. 2021 eBook: Running a Lean LawFirm. This ebook from Rocket Matter is a guide to running a lean lawfirm.
A boutique lawfirm’s case management 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.
Today I’m going to share key results from one of the newest surveys of the legal profession that was just released, the 2021 Wolters Kluwer Future Ready Lawyer Survey: Moving Beyond the Pandemic. The 2021 Report includes data obtained from 700 legal professionals across nine European countries and the U.S.
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.
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? .
Time Management Software for LawFirms . According to over 2,000 survey respondents who participated in MyCase’s 2021 Legal Industry Report , 61% of lawyers find capturing billable time a challenge. As a result, lawyers are turning to legal time management software to lighten the load. . Here’s what we found. .
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.
Legal professionals agree that the pandemic accelerated the critical role of technology in the future success of their lawfirms and legal departments, but only a third believe their organizations are well prepared for addressing technology’s increasing importance. Firms Investing in Tech. Contract management.
It is the platform on which the lawfirm Ogletree Deakins built its ODConnect 2.0 intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards. Each office in a firm can have a unique page with information tailored to the location.
However, the uncertainty we continue to face means that lawfirms need to be fully prepared for whatever may come. If you’re not sure what categories of software your firm needs to have in place for a hybrid office, my ABA Journal articles on legal software are a great place to start. Documentmanagement tools.
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.
In ABA Formal Ethics Opinion 498 (March 10, 2021) ( here ), the ABA provided guidance on the ethical issues that we all have done a lot of the last year, and which I am guessing we will continue to do for a while: practice law outside the confines of a typical brick-and-mortar, or steel-and-glass, law office.
Salt Lake City,UT – January 19, 2021 – NetDocuments, the leading secure cloud-based content services platform for lawfirms, corporate legal teams, and compliance departments, today announced unprecedented growth in 2020. For more information about NetDocuments, please click here.
2021 is drawing to a close and what a year it was! The good news is that 2021 is nearly over and the holidays are quickly approaching. This book is updated annually and provides a vast array of technology advice, ranging from how to choose hardware for your lawfirm to legal software recommendations.
The published results represent one of the most comprehensive technology surveys of lawfirms available. The insights contained in the reports are particularly helpful to the solo and small firm demographic, the largest segment of the legal marketplace. Are firms continuing to adopt cloud-based software for their remote workers?
We have a guest panelist sitting in with us today; Jeffrey Brandt , editor of the PinHawk Law Technology Daily Digest and chief information officer at the lawfirm Jackson Kelly. The vast majority of documentmanagementsystems selections and implementations are now cloud. s Docket System. See e.g. ).
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. What makes you unique or innovative?
Universal Migrator Universal Migrator makes changing practice/documentmanagementsystems a breeze. It extracts data from 50+ systems into a universal database schema then pushes that data into your desired platform. It’s the data hub, analytics, and productivity platform for the lawfirms of the future.
Here are a few questions to consider: Is your current lawfirm file organization system (and process) clear or messy? In this article, we’ll cover lawfirm filing system examples, why these systems are important for lawfirms, and why cloud-based legal filing is ideal. . Practice type.
News today of Soluno’s acquisition comes after this blog broke the news in July that MyCase had acquired CASEpeer , a case management 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 case management platform for plaintiffs’ attorneys, and Woodpecker , which provides legal document automation software for solo and small lawfirms. ” MyCase Drive and Accounting.
Here is a list of top most-downloaded resources of 2021. Clio 2021 Legal Trends Report. Forrester TEI Study: Building a Business Case for Modern DocumentManagement. 2021 eBook: Running a Lean LawFirm. This ebook from Rocket Matter is a guide to running a lean lawfirm.
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.
Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a lawfirm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client.
This digital process saves firms time and money. . The benefits of lawfirms utilizing electronic signatures. How to choose the right legal electronic signature software for your firm. Using secure and trusted software, many firms have replaced the practice of collecting traditional wet signatures with e-signatures.
Tech tools that automate time-consuming work, so lawfirms can increase productivity and profitability. For example, 38% of surveyed lawyers say that legal billing software with invoicing features saves them six to 15+ hours per month (per the MyCase 2021 Legal Industry Report ). . DocumentManagement Software.
Universal Migrator Universal Migrator makes changing practice/documentmanagementsystems a breeze. It extracts data from 50+ systems into a universal database schema then pushes that data into your desired platform. It’s the data hub, analytics, and productivity platform for the lawfirms of the future.
Building a high-quality lawfirmmanagementsystem 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.
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