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The Five Most Momentous Legal Tech Fails

LawSites

Let’s revisit five of the most momentous legal tech fails of the last 10 years. It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a law firm and a technology company. In 2016, legal tech entrepreneur Derek Bluford was riding high. ROSS Intelligence.

Legal 132
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The 2023 Fastcase 50 Announced, Honoring Legal’s Innovators, Visionaries and Leaders

LawSites

“This has been an amazing year of change for legal tech, including at vLex and Fastcase,” said Ed Walters, Fastcase co-founder and the Chief Strategy Officer of vLex. This year’s list of honorees reflects a year of transformation for legal services. Bill Girdner , Editor, Courthouse News Service.

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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

The law firm, Nextpoint Law Group (NLG), will provide discovery and litigation legal services to other law firms and to corporate legal departments, including trial strategy, early case assessment, document review, discovery drafting, legal research and brief writing. Its lawyers will not appear in court.

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Block Billing: Why To Avoid It + Tips To Bill More Efficiently

MyCase

Block Billing Example Let’s say you worked on a client’s case for four hours and logged it as “Legal Research: 4 hours.” Instead of saying it took six hours for legal research, use a more detailed billing approach to break these tasks down individually: Initial case review: 2 hours Research case law: 2.5

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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. About Cenza.

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

Cenza

Current application of AI in legal services. Research reveals that due to outsourcing or automation at larger law firms, lawyers now only spend 4 percent of their time on document review. 3. Legal Research. This is where legal outsourcing companies or managed legal service providers come to the rescue.

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Understanding Law Firm Expenses: Hard Costs vs Soft Costs

MyCase

Hard Costs Hard costs are expenses that are paid upfront and directly to a third-party vendor for services rendered on behalf of a client matter. This level of financial clarity can provide you and your team with a greater sense of confidence and security, allowing you to focus on delivering exceptional legal services to your clients.