LawTechnologyToday

MARCH 28, 2023

Legal tech startups are disrupting traditional law firms and offering new ways to improve the efficiency and effectiveness of their services. Let’s walk the journey of discovery, exploring the development of legal technology vendors and their impact on traditional law firms. ISIN Solutions.

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LawTechnologyToday

MARCH 1, 2021

The Legal Technology Resource Center ’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legal technology. Is there a legal tech resource of any kind that really helped you when you were starting out in the field?

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LawSites

DECEMBER 6, 2022

In the latest episode of our video series How It Works , we learn about LawPay , the electronic payments solution developed specifically to help law firms streamline billings and collections by providing a simple, secure way for legal clients to pay their bills online. LawPay’s Quick Bill and Send Quick Bill features.

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LawSites

JANUARY 25, 2022

The International Legal Technology Association today announced the winners of its 2021 Distinguished Peer Awards , which honor achievements in leadership and innovation by individuals, legal technology vendors, law firms, corporate legal departments, and others. Solution Provider of the Year: eBrevia.

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LawSites

JULY 28, 2021

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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LawSites

APRIL 4, 2023

Following news earlier today of the merger of Fastcase and vLex , now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global asset management firm, making Elite a standalone legal technology business.

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LawTechnologyToday

APRIL 25, 2023

From increasing efficiency in proceedings to improving access to justice, these advancements have the potential to revolutionize the legal system as we know it. Another way that technology is helping to promote fairness is by increasing access to information and services. That’s where managed service providers come in.

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LawSites

MARCH 22, 2022

Out of 65 products named in this year’s awards, just two legal technology products made the cut: Evisort , a company that provides AI-driven contract management for legal, procurement, sales, finance and IT teams; and Onit , a company that provides enterprise workflow products for corporations and corporate legal departments. . “We

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LawVu

DECEMBER 19, 2023

From cost efficiency to risk management, you can tell a lot about an organization from the way it manages its contracts – from manual processes, point solutions and ELMs at one end of the spectrum to consolidated workspaces at the other. Sticking to the old ways can also be kind on your budget – at least in the short term.

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Attorney at Work

SEPTEMBER 26, 2021

A single centralized billing software solution solves this problem. Hurdle 5: Disparate Solutions. Best Practice 5: Use an Integrated Payments Solution. After all, the easier it is for your attorneys to create a time entry, the more likely they are to do it. Hurdle 2: Growing Time Investment.

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LawVu

FEBRUARY 8, 2024

However, with the market traditionally dominated by heavyweight e-billing solutions, many corporate legal departments have been unable to justify investment in tech, instead remaining reliant on manual processes for this critical element of their work.

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LawVu

FEBRUARY 8, 2024

However, with the market traditionally dominated by heavyweight e-billing solutions, many corporate legal departments have been unable to justify investment in tech, instead remaining reliant on manual processes for this critical element of their work.

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MyCase

OCTOBER 20, 2022

These elements include client communications, firm finances, staff workloads, team relationships, and other strategic business practices. . How to leverage legal technology to make law practice management simple . Use Legal Technology. Why is High-Quality Office Management Important? Billing and collections.

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LawSites

JANUARY 31, 2022

It says something about a product when, even before it officially hits the market, it wins a major legal technology award. intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards. .

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Law Firm Law Firms Legal Technology Solution Laws 116

Cenza

NOVEMBER 20, 2023

(“KLD”), a leading global provider of electronic discovery, information governance, and data recovery services, today announced the closing of their previously announced acquisition of the business of Cenza Technologies Private Limited (“Cenza”), an India-based alternative legal services provider (“ALSP”).

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LawVu

JANUARY 30, 2024

Legal departments are a critical strategic business partner, and controlling spend is a vital part of upholding this position. It’s therefore no surprise that 31 percent of respondents to The 2024 In-House Legal Technology Report expressed concern about the rising cost of outside counsel. That alternative is the legal workspace.

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LawSites

MAY 11, 2022

Evisort , a provider of no-code, artificial intelligence products for contract management and analysis, has raised 100 million in capital, including equity and venture debt financing, bringing its total funding to date to $155 million. . Read about Evisort on the LawNext Legal Technology Directory.

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Paralegal Bootcamp

AUGUST 5, 2022

What potential problems will this solution cause? What are the solutions to those potential problems? Don’t bring up problems without first at least thinking of as many potential solutions to propose as possible. Finance and business for maximum comprehension of what a law firm itself takes to operate. So plan ahead!

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LawSites

MARCH 17, 2022

Last week brought a flurry of legal technology news, thanks to the first in-person Legalweek conference in two years. Reveal 11 is the result of the company’s multi-year vision for the company to fuse the best legal AI technology onto a single platform that instantly becomes a force multiplier for legal teams large and small.”.

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MyCase

OCTOBER 4, 2024

Below, we’ll go over 65 lawyer statistics around labor, legal demographics, technology, finance, and stress. Sourced from our 2024 Legal Industry Trends Report, the U.S. American Bar Association Profile of the Legal Profession 2023 ) In 2023, 6.2% We’ll go over the top technology and AI legal statistics below.

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LawTechnologyToday

JANUARY 11, 2021

Part of this quantitative approach is proactively proposing business process improvements, including the use of legal technology to align and integrate with core business processes, ensuring closer collaboration with other key departments such as finance. Why do this? Untangle Complex Management Systems for Better Data.

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LawSites

FEBRUARY 16, 2022

In a move sure to shake up the market for practice management software for mid-sized law firms, the cloud practice management company SurePoint Technologies has acquired Cole Valley Software , developer of ContactEase, a popular client relations management (CRM) software for law firms. ” Integrate CRM and Financial Data.

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LawSites

JANUARY 31, 2022

It says something about a product when, even before it officially hits the market, it wins a major legal technology award. intranet, which last week was named Transformative Project of the Year in the International Legal Technology Association’s 2021 Distinguished Peer Awards. .

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InHouseOps

JULY 18, 2022

Nathan Cemenska: I’m Director of Legal Operations and Industry Insights at Wolters Kluwer ELM Solutions, a legal software company. My role mainly has to do with e-billing, although I’m also somewhat involved with a contract lifecycle management product, a legal hold product and various other products.

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LawTechnologyToday

NOVEMBER 23, 2022

The ABA TechReport combines data from the annual ABA Legal Technology Survey Report with expert analysis, observations, and predictions from leaders in the legal technology field. One resource specific to the legal profession is the ABA’s 2022 Legal Technology Survey Report. Law Office Technology.

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MyCase

DECEMBER 1, 2021

The shift from office work to working-from-home has triggered a colossal transformation in industries like healthcare, finance, education, and even law firm management. . From billing to staffing—you name it, nearly every facet of legal operations has had to adjust under these new working conditions.

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LawVu

AUGUST 4, 2024

Busy inboxes are inevitable for in-house legal professionals. Email is great for communication but not so good for storing and managing legal work, especially when there’s more than one person in your team. And this assumes you know a conversation exists.

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LawVu

AUGUST 4, 2024

Busy inboxes are inevitable for in-house legal professionals. Email is great for communication but not so good for storing and managing legal work, especially when there’s more than one person in your team. And this assumes you know a conversation exists.

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MyCase

SEPTEMBER 8, 2021

A single centralized billing software solution solves this problem. Hurdle 5: Disparate Solutions. When your firm’s legal billing tools are siloed in different legal software products, the result is inefficiency and error-prone billing. Best Practice 5: Use an Integrated Payments Solution.

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LawSites

FEBRUARY 16, 2023

The survey was commissioned by Actionstep , a company that provides law practice management software for midsized firms, and conducted by the technology market research company Dimensional Research. Learn more about Actionstep at the LawNext Legal Technology Directory.

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MyCase

DECEMBER 30, 2020

Download this guide to learn how to re-evaluate your legal technology with this head-to-head comparison of on-premise and cloud-based software. Then download this guide and find out what it means to take control of your finances, and why firms with sharp financial oversight outlast those that neglect it. Want to learn more?

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MyCase

OCTOBER 10, 2024

This can include the following: Legal fee financing: Allow clients to opt into a financing plan with a third party. Luckily, using MyCase’s integration with LawPay’s legal payment solution allows you to bill your clients in whatever way works best for them.

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LawVu

NOVEMBER 10, 2024

Documents : Legal matters typically involve documentation of some description, from simple emails, letters, and contracts to extensive bundles of evidence in litigation cases. This is the process of legal matter management. Matter management for in-house legal is by no means a new concept.

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MyCase

AUGUST 8, 2022

Scour class lists for any coursework involving legal technology. You can also network with school alums to gain valuable insights into the technology-related career paths available to law school graduates. . law schools prepares students to deliver legal services in the 21st century.” . Businesses outside of tech .

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MyCase

AUGUST 8, 2022

Scour class lists for any coursework involving legal technology. You can also network with school alums to gain valuable insights into the technology-related career paths available to law school graduates. . law schools prepares students to deliver legal services in the 21st century.” . Businesses outside of tech .

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MyCase

AUGUST 18, 2023

Time and Expense Tracking: Timekeeping and expense tracking features allow law firms to efficiently monitor their activities while managing their finances effectively. Billing and Invoicing: Legal billing can boost your firm’s cash flow and help you save time otherwise wasted on generating invoices.

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Rocket Matter

AUGUST 22, 2023

The right software solutions allow you to save time, improve client satisfaction, and boost your bottom line. The best way to boost your law firm’s finances is to minimize your non-billable hours and make sure that every hour of your day is accounted for. Get free guide See More

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