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According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” In 2025, these technologies will revolutionize legal research, document review, and case predictions.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why LawFirms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legalservices are delivered and will force lawfirms to re-engineer their legacy economic model.
Legal directories are online platforms where attorneys and lawfirms showcase their expertise, credentials, and services. These directories serve as a vital resource for potential clients seeking legal help, offering quick access to detailed attorney profiles categorized by practice area, location, and reviews.
I attended a fascinating presentation at this years CLOC Global Institute which focused on the results from the most recent CLOC in-house survey, which for the first time was conducted in collaboration with Harbor , a provider of legalservices supporting lawfirms and corporate legal departments.
A lawfirm answering service manages client calls and website live chats on behalf of a lawfirm by answering, addressing, and forwarding calls and communication as needed. Think of it like a legal virtual receptionist. With legal answering services and virtual receptionists, lawfirms can lighten the load.
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.
Veritexts Mike Murray Featured on Legalweek 2025 Mixtape: Day One Reinventing Professional Services Ari Kaplan’s Reinventing Professionals Podcast! Listen to Mike share leading edge insights and takeaways from Legalweek 2025. Veritext, we focus on the details so legal teams can focus on the case.
The post Digital Transformation for LawFirms: A Guide to Modernizing Your Practice appeared first on Rocket Matter. Today, better and expedited access to legalservices is simply a baseline to meet, not a privilege. The answer is simple: a lack of digital transformation in lawfirms.
As we step into 2025, the legal operations landscape continues a transformation anchored by a simple question: What does value truly mean in a legal department? Instead, it lies in fostering a change management culture that prioritizes efficiency, transparency, and alignment between legal departments and their partners.
About Veritext Legal Solutions Founded on a commitment to excellence, Veritext has become the trusted partner and established market leader in litigation technology and legalservice solutions for lawfirms, government agencies and enterprise corporations.
Clearly, the legal industry is at a crossroads. Rapid advancements in AI and technology are reshaping everything from client expectations to the fundamental business model and structure of lawfirms. SXSW provides insights into technological, cultural, and business trends that will impact legal practice, regulation, and ethics.
For more information about Veritext and its award-winning services, please visit www.veritext.com. To view the full Best of National Law Journal 2025 results, visit [link].
For those who are new listeners and dont know what that means Lets say that youre a litigation paralegal working in a lawfirm that barely ever goes to trial. So youre really good at drafting discovery, doing legal research, managing document productions, etc. Be the AI expert at your firm. Lets take AI as the example.
Practical Clio Duo Automation for Your LawFirm Jonathan Watson One of the biggest splashes at this year’s ClioCon was the launch of Clio Duo , an AI-powered assistant to enhance your practice management software. Jonathan Watson is the Chief Technology Officer at Clio.
Veritext Legal Solutions Introduces AI-Generated Smart Summaries for Arbitrations, Hearings and Court Trials Livingston, New Jersey March 17, 2025 Veritext Legal Solutions , the leader in technology-enabled court reporting services and litigation support solutions, announces a new development for its suite of Smart Summary offerings.
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We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. Another example is our Directory of Alternative Fee Providing LawFirms. We have small and midsize lawfirm customers.
However, not all technology is created equal and at a time when operational excellence is critical and legal leaders need to thoughtfully invest in in-house legal technology, a legal workspace has proven to be the best way to increase efficiency, deliver better legalservice and amplify business outcomes.
Project delays 34 percent of business leaders cite delays to projects or deadlines as a result of legal friction, with up to 12 percent of projects within individual teams not started or completed due to legal inefficiency within the past 12 months. To download your copy of the white paper, click here.
The respondents of the 2019 Future Ready Lawyer report could not have anticipated the seismic global events on the horizon that would shape the direction of legalservices. 2025 will be an exciting year for the legal profession. Talent training and attracting the right talent that is AI Ready will become more important.
Maryland Senator Ben Cardin Having retired at the beginning of 2025, Senator Ben Cardin, a third-generation Marylander, dedicated his career to public service, serving as Marylands senior U.S. Russell is currently in the midst of her second term as chief justice, which spans from July 2023 to June 2025.
a) states that “[a] lawyer shall not directly or indirectly pay or agree to pay, guarantee, or represent that the lawyer or lawyer’s lawfirm will pay the personal or business expenses of a prospective or existing client.” This is also now the subject of a new bar complaint filed by a conservative legal group this week. .”
Additionally, UpCounsel plans to roll out additional products and services and says it will eventually launch its own, UpCounsel-branded, full-servicelawfirm. At the same time, it significantly reduced the commission it charged clients to 8%, making legalservices more affordable for them. “We
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Not to be outdone, here’s what Trump thinks of the “admit no wrongdoing” status that firms THOUGHT they bought with the deal: Have you noticed that lots of lawfirms have been signing up with Trump? Trump: "We have plenty of lawfirms. These are great lawfirms that we signed with.
It was another week overwhelmed by legal ethics news, but before we review the headlines lets talk protests. 2025 NYC Rule of Law Rally 2025 by David Lat is licensed under CC BY-NC-SA 4.0. 2025 NYC Rule of Law Rally 2025 by David Lat is licensed under CC BY-NC-SA 4.0. And now for the headlines.
First, from the Houston Chronicle : President Donald Trump signed an executive order Wednesday ordering federal agencies to terminate their contracts with Susman Godfrey LLP , a Houston-based lawfirm that represented Dominion Voting Systems in its defamation suit against Fox News. Paul, Weiss Pro Bono Head Resigns. Read more here.
3 Milbank Reaches Deal With Trump as Divide Among LawFirms Deepens. From Reuters : A fourth major law U.S. lawfirm, Milbank , struck a deal on Wednesday with Donald Trump amid the U.S. From Reuters : A fourth major law U.S. lawfirm, Milbank , struck a deal on Wednesday with Donald Trump amid the U.S.
Highlights from Last Week – Top Fifteen Headlines #1 Trumps $1 Billion LawFirm Deals Are the Work of His Personal Lawyer. From the Wall Street Journal : President Trump has reached around $1 billion in deals with the countrys top lawfirms in the past month, using the full weight of his presidency to threaten their business.
From judicial appointments to executive orders directly targeting lawfirms, to ramifications of tariff wars, the profession is experiencing a seismic shift. Today, we will discuss strategies to ensure that legal professionals not only survive but thrive in this unpredictable terrain. It is without precedent.
LawFirm Following Court Approval. From the Wall Street Journal : KPMG has begun to set up a lawfirm in the U.S. after a court decision made it the first Big Four accounting firm eligible to practice law in the country. Read more here (gift link). #2 2 KPMG to Launch U.S. Read more here (gift link). #3
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