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Prevent Underbilling with Accurate Time Tracking 

CARET Legal

Underbilling is a major and yet unnecessary drain on a firms finances, so why does it happen so often? Its a major and yet unnecessary drain on a firms finances, so why does it happen so often? How to Improve Time Tracking Accuracy Avoiding underbilling starts with better tracking systems and habits.

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Speed Up the Dispute Resolution Process with Legal Practice Management Software

CARET Legal

Manual document review, fragmented communication channels, and outdated financial tracking systems simply can’t keep pace with the volume and complexity of information involved in today’s high-value disputes. The system can assign tasks based on predefined rules such as team members’ roles.

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Understanding the importance of legal matters for in-house counsel

LawVu

In this article, we’ll explain what is meant by a legal matter, why this can be such a useful lens for managing legal work, and how the right matter management system can be a game-changer for in-house counsel. What is a legal matter? However, the reality of in-house legal work is that it routinely extends beyond these parameters.

Legal 52
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Making a case for Artificial Intelligence (AI) with lawyers in the loop

Cenza

Since AI is an emerging field, it can be difficult to fully access the capabilities of service partners. Integrating AI into existing systems can be a complicated process. By relying on specialists, you ensure that the AI capabilities are top-notch, and the data or feedback loop is built to account for continual system updates.

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How has AI emerged as the go-to legal technology?

Cenza

Early works on AI in legal services can be traced back to 1956 when professor Layman E. Allen spoke about the need for an intellectual tool to master human experience in his paper “ Symbolic Logic: A Razor-edge Tool for Drafting and Interpreting Legal Documents.” Onboarding the right legal AI.

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

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. ” Downstream Impact. .

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With Expansion, Lawyer Marketplace Priori Is Now Also A Legal Tech Marketplace

LawSites

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.