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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.

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Exclusive: In A First For E-Discovery, Tech Company Nextpoint Is Launching A ‘Data-Driven’ Law Firm Under Arizona’s Liberalized Ownership Rules

LawSites

In a first for an e-discovery technology company, Chicago-based Nextpoint is launching an Arizona law firm June 1 under that state’s liberalized law practice rules that allow non-lawyers to own law practices. ” Leading the firm as managing partner is Andrew R.

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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Manual document review, fragmented communication channels, and outdated financial tracking systems simply can’t keep pace with the volume and complexity of information involved in today’s high-value disputes.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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How has AI emerged as the go-to legal technology?

Cenza

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. Early works on AI in legal services can be traced back to 1956 when professor Layman E. Onboarding the right legal AI.

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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.

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

Cenza

Today, more than 80% of senior lawyers consider AI and machine learning critical to the future success of their firms. However, this interest doesn’t translate into actual deployment, with 54% of all law firms indicating that they are not presently pursuing AI options for their legal practice. 1. Document Review.

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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.

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