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How Attorneys Can Use Legal Data for Strategic Law Firm Positioning

Attorney at Work

Using legal data for strategic law firm planning is no longer reserved for BigLaw. This allows firms to find new business opportunities and better understand their real market share. But what’s even more important for law firms is to see this happening in real-time. Short-Term Trends.

Law Firms 362
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How to Use Data Analytics In Your Law Firm

CARET Legal

Legal analytics provides actionable insights that help optimize workflows, enhance client relationships, and boost overall firm performance. The ability to harness data analytics is rapidly becoming a key differentiator for law firms. Reducing acquisition costs while maintaining quality clients leads to more sustainable growth.

Law Firms 116
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Law Firms of All Sizes Can Easily Integrate AI Tools Into eDiscovery

Attorney at Work

That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. In the ABA 2020 Legal Tech Survey , 23% of law firms reported not being interested in AI, while 34% said they didn’t know enough about AI to speak to their firms’ interest. AI Hesitation.

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Funding Growth: Are You Starving Your Law Firm?

Attorney at Work

Instead of starving your firm by pulling out all the profits, continue funding growth — and accelerating profits — by feeding your firm’s war chest. It’s hard to start a law firm. The downside of funding this extended personal spending is that you are now deferring spending in your law firm.

Law Firms 293
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Empower Your Firm: The Modern Guide To Litigation Financing

Litigation is expensive. Expert witnesses, depositions, staffing, and a long list of other expenses can limit your firm’s options. This guide simplifies the complex world of litigation financing and compares different models and how they can impact the access to justice your firm provides to clients.

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Using An LPMS for Effective Evidence Management in Litigation

CARET Legal

For litigation attorneys, effective evidence management can be the difference between winning or losing a case. Why Evidence Management is Critical in Litigation Litigation attorneys face unique pressures when it comes to managing evidence.

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Advancing Litigation Support: 3 Ways to Fuel Innovation Within Your Litigation Team

Attorney at Work

The post Advancing Litigation Support: 3 Ways to Fuel Innovation Within Your Litigation Team appeared first on Articles, Tips and Tech for Law Firms and Lawyers. A new study by Ari Kaplan Advisors and Opus2 highlights three ways to jumpstart innovation, including ways to inject GenAI into your processes.