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As of a 2023 legal industry study , there are over 50,000 personalinjurylawyers and attorneys currently operating in the United States. While navigating the saturated legal market of personalinjury can seem daunting, your firm can carve out a distinct presence and attract clients that convert—with the right approach.
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.,
What Is CaseManagement Software and Why Do Law Firms Need It? Legal casemanagement software helps law firms take care of and run the business side of their law practice. An advanced legal casemanagement software can change the way you serve your clients and simultaneously solve all your client communication issues.
High competition Practice areas like personalinjury law are the most competitive niches in Google Search. Many personalinjurylawyers and law firms also advertise for the same keywords. When people first realize they have a legal problem, they use broad search terms like "Do I need a personalinjurylawyer?"
EvenUp , a company that uses AI to turn medical documents and case files into demand packages for personalinjurylawyers, has raised $50.5 “One glaring illustration of this is when we observe two cases with similar injuries settle for multiples apart.
Discover Hidden Insights About Your Financial Records Law firms that analyze data from their billing software or casemanagement system may be able to discover significant insight into their financial records, such as: Determining how to reduce expenses by learning more about their law firm’s spending patterns.
For example, let’s say that a personalinjury firm works hard to intake 50% more clients compared to the previous year. Personalinjurylawyers are typically paid on a contingency basis, and they only receive payment if they achieve a favorable outcome for the client. Streamlined casemanagement.
For example, if you are a personalinjurylawyer, your firm’s operating account is something your firm owns (the account itself) and receives economic benefit from (cash). Law firm assets represent a tangible or intangible item of value that your business owns and receives some form of economic benefit.
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