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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.” As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms operate.
As a practicing attorney, I benefit every day from legal software designed to streamline the everyday lives of legal professionals. These are the promised benefits of legal tech. Practice-Specific Legal Software Solutions. Case management is perhaps the largest legal tech category. and Canada.
Litera CEO Avaneesh Marwaha Generating first drafts of legaldocuments. Managing contract redlines and coordinating revisions. In the age of generative AI, the biggest legaltechnology use cases often focus on streamlining the tasks routinely performed by junior associates. Surfacing hard-to-find data.
Many profitable and well-run law firms have separate legaltechnologysystems for separate tasks. How difficult of a process really is it to consolidate separate systems and the data they contain? Consider the Roomba Using a general AI app for legal work can be like letting a Roomba run wild outside. Listen here.
Your time is valuable—and you know the right technology could help you do even more. From documentmanagement to client communication, modern tools can transform how you track deadlines, manage cases, and support your legal team. Stop wrestling with outdated systems—get the tools you deserve!
The rise of online payment solutions has impacted nearly every industry, shaping consumer expectations for everything from grocery shopping to high-level business operations. People aren’t just accustomed to digital payments—they actively seek them. But not all legal CRMs are created equal. But not all legal CRMs are created equal.
A must-have feature of legal practice management platforms, case management software, centralizes all your case files, communications, billing, and scheduling in one platform — it’s truly like having a command center for your law firm. Let’s get into the best legal tech and tools your firm needs to start utilizing now.
Centerbase , a company that provides a cloud legal practice management platform for mid-sized law firms, today announced the beta launch of native documentmanagement, integrated directly within its platform. Learn more about Centerbase at the LawNext LegalTechnology Directory.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. Despite their benefits, many legal organizations have been hesitant to implement AI tools. So, when associates see hundreds of hours spent on tasks like document review being eliminated by AI tools, they’re understandably concerned.
A documentmanagementsystem (DMS) isn’t just where firms store and organize documents — it’s where work happens. Replace Inflexible, Generic DocumentManagement Tools With a Best-in-Class, Cloud-Based Solution That Inspires Your Best Work. That’s Work Inspired.
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Legaltechnology 101: Tools for in-house counsel Your in-house legal team is probably already using technology in some form to support your everyday work – even if it’s just email and spreadsheets.
If you are in legal tech, change is constant. This means staying on top of emerging trends (yes, even beyond the latest ChatGPT craze) is vital — not because you need to sign up for every new, shiny thing, but because you want to harness the advantages technology creates and prepare your organization for the future.
New technologies continue to evolve the legal landscape. In this guide, we’re breaking down what attorneys need to know about legaltechnology, including: . A brief overview of legaltechnology . Different types of legaltechnologies and their benefits . What is LegalTechnology? .
Where and how we work has become a worldwide conundrum in recent years, and in-house legal teams are discovering that like most other industries, they are expected to do more with less in both human and financial terms. In other words, poor matter management has become a genuine concern. What is legal matter management?
If you have been struggling to simplify arduous processes in your client work or have ever had a difficult time collecting invoices from clients, LollyLaw may be the solution you are looking for. Not all case management platforms are alike, and the complexities that come with working at an immigration firm require a tailored approach.
The legal industry is steeped in tradition and established processes. Law firm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow. Innovation in the legal industry has become a necessity for survival. Choosing an online storage provider 4.
Save time in your work day with Rocket Matter legal practice management integrations. Managinglegal matters can make you feel like you’re running around like a chicken with its head cut off. One easy change you can make today is to integrate the software you use every day with your legal practice management software.
All too often, this involves sending documents back-and-forth as email attachments, collecting feedback and input from various experts, and then trying to reconcile and make sense of all the comments, markups, and conflicting edits. ndThread is a chat messaging client that’s designed specifically for legal organizations. Margin Notes.
Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market.
The product listings continue to grow in the LawNext LegalTechnology Directory , which we launched in February. “NextChapter provides all the tools and resources to run your entire bankruptcy practice in the cloud, on one system.” Here are this week’s 10 most recent additions: Lawcus. ” NextChapter BK.
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In How To Transform Into A Virtual Law Firm: Essential Guide , an article written by Choti for the resources library of the LawNext LegalTechnology Directory , she breaks down the steps for creating a virtual firm, including developing a business plan, implementing an internal communication strategy, and choosing the right equipment and software.
As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.
23% of a lawyer’s work and 69% of paralegal/legal assistant’s work has the potential to be automated. Did you know that, according to a report by Zero , 85% of timekeepers spend one or more hours per workday drafting documents? Keep track of important tasks and deadlines with a cloud-based task managementsystem 2.
Also today, MyCase unveiled a redesigned logo and website, with the goal of making its branding better reflect the product’s all-in-one approach to practice management, which will soon also include fully integrated legal accounting, following on its acquisition of legal accounting system Soluno last November.
While your time in law school gave you a strong legal foundation, chances are you didnt learn much about the numerous lawyer tools that can simplify your job. But in the crowded legal market, you see the utilityespecially for small firm lawyers whose livelihoods depend on client generation. Technology for lawyers has several benefits.
Legal professionals agree that the pandemic accelerated the critical role of technology in the future success of their law firms and legal departments, but only a third believe their organizations are well prepared for addressing technology’s increasing importance. It polled 700 legal professionals across the U.S.
Product Spotlight | CosmoLex NextGen is designed for attorney-operated firms who need a seamless, end-to-end practice managementsolution. The post Tired of Juggling Multiple Tools to Manage Your Law Firm? appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
A group of us were in the hotel bar, stridently debating whether an alternative business structure, licensed under Arizona’s liberalized legal regulatory scheme, could deliver legal services in other states. Dan Katz and Damien Riehl discuss generative AI in legal. Sure, but could they do it again?
In his keynote address, Jim shared the news of three major acquisitions made earlier this year: Soluno (Legal Accounting), CASEpeer (Practice Management for Personal Injury Firms), and Woodpecker (LegalDocument Automation). New Release: 2021 MyCase Legal Industry Report.
The need for a more efficient solution has led to the adoption of technology for automating triage through advanced matter managementsystems, transforming it into a streamlined, data-driven operation. Matter managementsystems, with their advanced features, provide a promising and effective solution.
AI is expected to automate nearly half of legal tasks in the US and Europe. Several legaltechnology trends are set to reshape how law firms operate. According to a Goldman Sachs report , AI is expected to automate nearly half of legal tasks in the US and Europe.
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 law firm leaders take on a whole new level of importance. That’s where the different functions of legal software come in. Client and calendar management software.
By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal professionals work but also redefining outcomes. Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics.
You might find this information shocking coming from the company that created the first online legal billing and law practice management software… . You don’t need the most powerful software on the market to provide standout service to your legal clients. Six uncomplicated legal project management tools to try in 2023 .
It was paralegals like Kim who made my job as a manager so much easier. Kim now works as a solution consultant for Opus 2 , a legaltechnology company that offers a streamlined case managementsolution for everything from documentmanagement to hearings, arbitrations, and trials.
In addition, PacerPro has named Noah Aron , an expert in electronic court filings and the former chief product officer of Nationwide Legal LLC and One Legal, as an advisor to manage the company’s state courts expansion. Learn more about PacerPro on the LawNext LegalTechnology Directory.
Law firm growth depends on various factors, including the effective use of technology, delivering exceptional client service, and targeted legal business development. competitive legal landscape. Leveraging LegalTechnology for Efficiency Technology has become the backbone of efficient law firm operations.
It says something about a product when, even before it officially hits the market, it wins a major legaltechnology award. intranet, which last week was named Transformative Project of the Year in the International LegalTechnology Association’s 2021 Distinguished Peer Awards. .
Salt Lake City,UT – January 19, 2021 – NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams, and compliance departments, today announced unprecedented growth in 2020. Work Inspired” product solutions. Our customers rest easy knowing that our platform is ready today.
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We’re working in a world where legal matter management tools aren’t an option for legal functions, they’re a must. And that’s a problem if you’re either struggling to convey the value of a matter management software or the options available don’t stack up to the ever-growing demands of your legal function.
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