Contract Diligence Finance Law Firms 
LawTechnologyToday
JANUARY 22, 2021
Their counterparts at law firms have long used business intelligence tools, such as win rates, financial statistics, and document and case metadata. They rely on contract analytics engines to better understand their company’s risk exposure – and get a jump-start on agreements headed their way for review. The IT Team.
LawSites
JUNE 8, 2021
There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Due diligence.
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Attorney at Work
AUGUST 26, 2021
Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . Law firms didn’t let the pandemic get in the way of profitability or performance in 2020. Corporate law departments made structural shifts as well. Here are some lessons they learned.
Cenza
NOVEMBER 18, 2021
The legal industry is no exception to this prevailing trend, with law firms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage. Due diligence, which is a time-intensive process, has been simplified by AI-powered tools. Onboarding the right legal AI.
Rocket Matter
OCTOBER 3, 2023
Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, law firms track the billable hours of each attorney.
The Estrin Report
MARCH 23, 2022
Law firms and in-house legal departments are coming at us with request upon request upon request (ok, you get it) for corporate paralegals all over the country. And here’s a little known secret: law firms are throwing money at legal staffing organizations by giving them 10-30 % more in fees so they get preferential treatment.
LawTechnologyToday
DECEMBER 23, 2021
There’s also been a growing interest and adoption of credit card payment options by small law firms. A solo or small firm should ensure that they are handling these types of payments properly. What type of diligence do you conduct with respect to a possible payment option before making that method available for client use?
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