This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 legal services are delivered and will force lawfirms to re-engineer their legacy economic model.
I started my professional career working for lawfirms directly out of college. 1 Billing your time can be stressful if you’re not meeting your firm’s annual quota…or it can be rewarding if you’re exceeding that quota and your bonus is based on that metric. A lawfirm is a business.
Due Diligence: Questions to Ask Before Selecting Your Next Shared Office Space. The issue is when operators do not provide adequate notice for tenants to research options and make an educated decision about new office space. What About Renting an Office With Another LawFirm? The Legal-Only Shared Office Space Option.
Legal recruiting is an important business development tool for lawfirms looking to expand their client roster, build up their practice areas, and open offices in new locations. The Legal Recruiting and Business Development Connection. Developing a Data-Driven Approach to Legal Recruiting.
You can Google the type of software using the word legal or lawfirm in front of it to find lists of recommended software technology. For example, use the search terms: “Lawfirm billing software” to get the most up-to-date results. Administration Software. Matter Management Software.
They are responsible for: Drafting documents/agreements Corresponding with clients Meeting with clients for the signing of documents LegalResearch Using eDiscovery software Representing individuals in small matters Administrative duties. Here’s the interesting part. The duties change significantly depending on the province you are in.
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 legalresearch, managing document productions, etc. Don’t Get Left Behind on This One!
Highlights, powered by LexisNexis®, combines LexisNexis case analysis and intelligence technology with NetDocuments, enabling lawyers to access legalresearch, entity, and precedent information from within their documents. The ability to identify companies within your documents makes due diligence for transactions a breeze.
Working in the legal profession means having a good working knowledge of many different technologies, including: Lawfirm billing software. Online research tools. As a paralegal working under the direct supervision of an attorney, you are a representation of that attorney (and your lawfirm).
The case thus raises questions about the extent to which legal pleadings and motions, as petitions to the government for redress, are protected speech. And, the implications of this lawsuit may extend to how lawfirms draft motions and whether they can freely use existing legal documents as templates without infringing on copyright.
The practice of outsourcing certain aspects of legal work by lawfirms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.
It also acts as a huge time saver by automating contracting information related to document reviews for due diligence, litigation legalese, legalresearch, etc. Ideally, these tasks take a lawyer’s quality time away from strategic and forward-thinking legal initiatives. Transforming LegalResearch.
Block Billing Example Let’s say you worked on a client’s case for four hours and logged it as “LegalResearch: 4 hours.” Instead of saying it took six hours for legalresearch, use a more detailed billing approach to break these tasks down individually: Initial case review: 2 hours Research case law: 2.5
To help get your firm up to speed on year-end tax prep, we’ve compiled this list of seven essential tips to take the headache out of doing your taxes and allow you to return to focusing on what matters most: your clients. 7 tips for lawfirms to get ready for taxes Grab a holiday cookie and turn off your email notifications.
[{"content":{"text":" Generative AI (GenAI) and large language models (LLMs) have proven to be a boon for the legal profession. Many lawfirms are now using this technology to work faster, scale their operations, and automate routine tasks. The result is lawfirms that are more agile and people-focused than ever before.
The legal industry is no exception to this prevailing trend, with lawfirms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage. Early works on AI in legal services can be traced back to 1956 when professor Layman E. Onboarding the right legal AI.
In this article, our partners ILSPA (The Institute of Legal Secretaries and PA’s) will consider some of the latest IT innovations affecting the profession. Lawfirms and government departments have been using new technologies to provide legal services for years. Automated legalresearch. Browse jobs.
In the intricate scene of the legal sphere, attorneys are the ones who mostly grab all the attention due to famous trials and their outcomes, TV shows, movies, and let’s face it, their income. Yet, behind every successful attorney stands a diligent and indispensable ally: the paralegal.
CiteRight is the only tool that allows lawyers to save case law and automatically cite it inside Microsoft Word. Our insight is that legal citations are themselves a form of knowledge that can be reused up and down the legalresearch workflow. Learn more about this company at the LawNext Legal Tech Directory.
The study has also unearthed the fact that ALSPs’ services are leveraged by 79% of lawfirms and 71% of corporate entities to achieve better efficiency and reduce costs. ALSPs commenced as an endeavor to supplement the efforts of legal professionals by taking complete charge of non-core tasks.
In lawfirms, AI has been particularly impactful by making document management and analysis processes more efficient. In lawfirms, AI has been particularly impactful by making document management and analysis processes more efficient. How much more productive could lawfirms be?
This initiative launched in 2015 with a list of innovators and leaders in legal technology and with this year’s additions, that list now includes 141 talented and influential women leaders. Copyright Office, and as an Adjunct Professor of LegalResearch, Analysis, and Writing at Georgetown Law.
In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. Concerns about job displacement, ethical considerations, and the need for human judgment persist in the legal community. Areas AI Can Enhance 1.
Small and medium-sized firms reported the next highest use – roughly 75%. Despite the increase and escalation of cybersecurity threats, including cyberwarfare and ransomware, and clear warnings that lawfirms are targets, the poor cybersecurity approaches of lawyers were again the key take-away from this annual survey.
Choosing the perfect legal writing sample can determine your success in a job application, whether for a lawfirm or a governmental agency. Each sentence should reflect your attention to detail and your understanding of legal principles. They want to see clarity, conciseness, and correctness.
It might have been double that, but I had a live webinar I was presenting to a lawfirm on billable hours. Paralegals have sharp research skills to look up case law, rules, regulations, statutes, and other information that would be relevant to representing a client. Can a robot do legalresearch?
CiteRight is the only tool that allows lawyers to save case law and automatically cite it inside Microsoft Word. Our insight is that legal citations are themselves a form of knowledge that can be reused up and down the legalresearch workflow. Learn more about this company at the LawNext Legal Tech Directory.
Artificial intelligence (AI) is rapidly transforming the way lawfirms operate. From client intake and document automation to eDiscovery and legal billing, we’ll cover what legal AI tools are, why lawyers are adopting them, and the top 8 legal AI tools firms can use to improve productivity.
We currently use this to offer lead generation services to lawfirms, but we love the potential for other use cases. CiteRight is the only tool that allows lawyers to save case law and automatically cite it inside Microsoft Word. Learn more about this company at the LawNext Legal Tech Directory.
There’s a new way to practice law, and it’s quickly becoming a hot trend, particularly for solo attorneys and small legal practices. It’s known as the virtual lawfirm. For some, this means an Internet-based legal practice with brick-and-mortar offices throughout the U.S.
During the COVID-19 pandemic, corporate legal departments and lawfirms around the world struggled to meet the new normal’s demands. Organizational restructuring and changing legislation have resulted in increased legal spending. To stay competitive and profitable, more lawfirms are turning to legal outsourcing.
Companies use legal analytics for legalresearch, to develop strategy for cases, and even business development. Akorda offers legal review and contract management software. It allows lawfirms to manage legal contracts, manage workflow process and contracts. Blackboiler.
Below we’ll explore how legal AI software can be a game-changer in your practice and reveal the myriad of benefits it can bring. Plus, we’ll guide you through the best legal AI tools that are transforming lawfirms into powerhouses of efficiency and innovation. What is Artificial Intelligence?
As I said at the outset, I didn’t take the traditional route of university, to LPC paid for by a lawfirm, to a training contract. I think the most significant challenge for me has been figuring out how I could become qualified as a solicitor. 1:30pm – Back to the big screen, I generally continue working through my to do list.
It is appealing to most firms because it is cost-effective and efficient. In a lawfirm, it is typically used to organizes emails, produce legal documents, regulate billing, and much more. Automation allows more time for paralegals and attorneys to dedicate time to more advanced legal work. .”
Today, several legal tech companies offer a range of AI tools to support legal professionals in getting more done, faster. Be it contract lifecycle management, due diligence, contract review, legalresearch, analytics, intellectual property, or e-discovery, AI has found its application in every facet of the legal landscape.
We organize all of the trending information in your field so you don't have to. Join 99,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content