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Projectmanagement tools can help lawyers with ongoing, chaotic, unpredictable workflows. Over the years, predictions have proliferated, with many anticipating that these product managers would come to replace projectmanagers. Those predictions have fallen flat across the legal sector. In 1931, Neil H.
How can you keep good people from leaving your firm — quietly or otherwise? Here’s how to turn lawfirm hiring and retention challenges to your advantage. Lawfirms are no exception. As Lawyers Seek Greener Pastures, Talent Retention Becomes LawFirms’ Top Concern. Flip the Script on Geography.
The post LawFirmManagement: Key Insights and Strategies for Success appeared first on Rocket Matter. Get free e-book Legal brilliance alone doesn't guarantee the success of a lawfirm. Running a thriving practice requires a strong foundation in lawfirmmanagement.
The post 4 Common Challenges LawFirm Workflow Management Can Solve appeared first on Rocket Matter. Worse, they often pull legal practitioners away from the actual billable work leaving the firms revenue at peril. LawFirm Workflow Management : How Can Automation Help Attorneys?
The biggest source of waste in most lawfirms is non-utilized talent. You can streamline how you work, eliminate bottlenecks, and deliver your legalservices better, faster and more cost-effectively, and that will directly improve your profitability. What Does Visual Matter Management Look Like?
The post How to Grow Your LawFirm: 10 Strategies for Sustainable Success appeared first on Rocket Matter. Get free e-book If youve been proactively working to grow your lawfirm , you know firsthand that the road to business success is fraught with challenges. The question is, whats the best way to grow your lawfirm ?
The post 4 Common Challenges LawFirm Workflow Management Can Solve appeared first on Rocket Matter. Worse, they often pull legal practitioners away from the actual billable work leaving the firms revenue at peril. LawFirm Workflow Management : How Can Automation Help Attorneys?
Get free e-book For modern lawfirms, selecting suitable tools is no longer a matter of choice but of necessity. The right technology can automate processes, enhance output, and ensure that a legal company remains relevant in the market. AI does the time-consuming tasks like document verification, research, and case management.
The post Digital Transformation for LawFirms: A Guide to Modernizing Your Practice appeared first on Rocket Matter. Today, better and expedited access to legalservices is simply a baseline to meet, not a privilege. The answer is simple: a lack of digital transformation in lawfirms.
The post Next Level Strategy: How LawFirms Should be Using Google Ads appeared first on Rocket Matter. If you run a law practice and need qualified leads who are eager to find your firm, Google Ads is a great way to start. Are Google Ads right for your lawfirm?
To improve productivity and profitability for their lawfirms, many attorneys have adopted legalprojectmanagement (LPM) principles and tools. This approach to handling legal matters more cost-effectively and efficiently has proven invaluable within the industry. What Is LegalProjectManagement ?
I attended a fascinating presentation at this years CLOC Global Institute which focused on the results from the most recent CLOC in-house survey, which for the first time was conducted in collaboration with Harbor , a provider of legalservices supporting lawfirms and corporate legal departments.
Get free e-book Efficient billing is crucial for the smooth operation and profitability of any lawfirm. LEDES billing offers a solution by providing a standardized approach to legal invoicing, enhancing accuracy and consistency. LEDES, pronounced as "leeds," stands for Legal Electronic Data Exchange Standard.
Therefore, legalservice providers have been contending to streamline their processes and systems with the aid of technology. An effort to maximize the value delivered by technology and enable business growth has resulted in the genesis of Alternative LegalService Providers (ALSPs). Tracing the ALSPs’ growth path.
In my work as a marketing consultant for lawfirms, few questions are posed more frequently than this: How can we write more persuasive, effective content for our website? This is an age-old question in legal marketing, and the answer is even older. They’re not buying legalservices. Why it’s important.
Proxiio Global Solutions , an India-based provider of litigation and corporate legalservices for lawfirms and in-house legal departments, is today officially launching in the United States. Leading U.S.
Lawfirms leaders quickly learned that a willingness to adopt new technologies into their firms was a requirement for survival during the pandemic. Of course, the effect of the pandemic on the practice of law varied greatly from one firm to the next. The Shift To Remote Work.
Lawfirms leaders quickly learned that a willingness to adopt new technologies into their firms was a requirement for survival during the pandemic. Of course, the effect of the pandemic on the practice of law varied greatly from one firm to the next. The Shift To Remote Work.
Get free e-book Legal brilliance alone doesn't guarantee the success of a lawfirm. Running a thriving practice requires a strong foundation in lawfirmmanagement. Consider a seasoned litigator who excels in the courtroom—their legal acumen is undoubtedly impressive.
For in-house counsel, understanding and managinglegal matters effectively is vital for several reasons: Strategic impact Legal matters are the building blocks of an organization’s legal strategy. These types of work are important, and it’s beneficial to think of them as a subset of in-house matter management.
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 legalservices providers. Factor , the alternative legalservices provider that describes itself as delivering complex legal work at scale.
Dashboard Legal is a collaboration and projectmanagement tool built for attorneys. Projectmanagement tools can help, and we’re the first legal tech solution providing comprehensive projectmanagement integrated into the Inbox. Think of it as the “rideshare app” for legalservices.
Software tools designed for collaboration and visibility, such as Rocket Matter’s legalprojectmanagement software , can also be lifesavers, keeping tasks orderly and encouraging collaboration. For instance, with matter templates , legal teams can automate assigning recurring tasks so that nothing falls through the cracks.
Legal CRM (Client Relationship Management) software has radically transformed how lawfirms interact with and market to legal clients. Valuable Legal CRM applications to support your lawfirm'sprojectmanagement efforts. But Rocket Matter Legal CRM is.
Even before the pandemic began, we had the technology and resources to build pricing models, pre-matter budgets, budget updates and client portals, as well as legalprojectmanagement capabilities and the ability to mine data to develop competitive AFAs. Clients expect better value, services, and solutions.
Cenza is an established global ALSP serving clients in the US and UK from India with scalable, cost‐effective, and reliable managedlegalservices built on best‐in‐class technology, deep operational expertise, rigorous quality control, and robust client service. The full press release is here.
Get free e-book When considering how to grow a lawfirm and the investment in technology that today’s expanding digital landscape needs, statistics put everything into some sort of perspective. Technology is already reshaping the way legalservices are delivered and managed.
Intended for customers in both corporate legal and lawfirms, Traact offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management. .
The published results represent one of the most comprehensive technology surveys of lawfirms available. The insights contained in the reports are particularly helpful to the solo and small firm demographic, the largest segment of the legal marketplace. Customer Relationship Management. Micro Firm (2-9).
Dashboard Legal is a collaboration and projectmanagement tool built for attorneys. Projectmanagement tools can help, and we’re the first legal tech solution providing comprehensive projectmanagement integrated into the Inbox. Think of it as the “rideshare app” for legalservices.
How we’re unique: Conversation-driven intake for the internal customers of in-house legal departments. Target customer: In-house legal departments and lawfirm attorneys who serve as outside general counsel. A minimum of one attorney user is required per company to provide legal review. Business users $49/mo.
As we enter the new year, lawfirms need to be prepared to surmount: . But if this year brought anything into focus, it’s that lawfirms’ COVID-fueled adoption of technology led to some major improvements. But the success of such fee arrangements hinges delicately on firms’ productivity. . And more .
Dashboard Legal is a collaboration and projectmanagement tool built for attorneys. Projectmanagement tools can help, and we’re the first legal tech solution providing comprehensive projectmanagement integrated into the Inbox. Think of it as the “rideshare app” for legalservices.
Second requests—the discovery procedures regulators use to determine whether potential antitrust issues might arise from proposed M&A activity—come with a host of attendant challenges and costs for corporations, their counsel, and legalservice providers. Pay attention to GDPR and privacy regulations.
.” In her role as Crowell’s first Chief Innovation and Value Officer, Alma leads the firm’s innovation and value efforts, overseeing a wide range of initiatives relating to, among other areas, client value, cross-departmental data and analytics, knowledge management, practice innovation and generative AI.
During the COVID-19 pandemic, corporate legal departments and lawfirms around the world struggled to meet the new normal’s demands. Budgeting, resource management, and process optimization issues have put pressure on entire businesses. Why Does LPO Matter? The market size says it all. Industry Trends for LPO.
Get free e-book The field of law is experiencing transformations in an era where legal innovation and artificial intelligence (AI) are altering the standard practices of lawfirms. AI and legal innovation present significant benefits alongside notable risks, particularly in legal research.
ILTACON attendees come mostly from medium or large lawfirms, and one fact seems resoundingly clear: The legal professionals who work at these firms are suffering from platform fatigue. While several panels involved the issue of pricing legalservices, what I am referring to is the pricing of legal technology products.
We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. Another example is our Directory of Alternative Fee Providing LawFirms. We have small and midsize lawfirm customers.
Get free e-book Delayed payments, mounting overhead, and the constant pursuit of outstanding invoices—these are the challenges that plague many lawfirms. Unpaid invoices not only disrupt the firm's cash flow but also burden attorneys with the task of chasing payments, diverting their attention from their primary focus—practicing law.
However, not all technology is created equal and at a time when operational excellence is critical and legal leaders need to thoughtfully invest in in-house legal technology, a legal workspace has proven to be the best way to increase efficiency, deliver better legalservice and amplify business outcomes.
Their backstay of tuned-up educational programming was designed to help practitioners run leaner more profitable lawfirms. This year’s conference featured five tracks to choose from (Legal Technology, Business of Law, Industry Workshops, Clio University, and Clio University Workshops).
In the case of an AI project, AI should be applied to a specific problem, such as identifying deadlines in contracts that need compliance, so that you can take action. The gaps the survey pointed to suggest that maybe firms don’t know their clients as well as they should. Please expand on this. Let’s talk about technology investment.
a business credit card) for your firm, and you constantly have to dig into it to cover basic expenses, this is a problem. for each additional year of experience. Likewise, you should charge a premium for a unique legalservice not commonly available in your region.
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