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According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms operate.
Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. In a competitive legal world, AI is a winner.
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A must-have feature of legal practice management platforms, case management software, centralizes all your case files, communications, billing, and scheduling in one platform — it’s truly like having a command center for your law firm. Let’s get into the best legal tech and tools your firm needs to start utilizing now.
Litera CEO Avaneesh Marwaha Generating first drafts of legaldocuments. In the age of generative AI, the biggest legaltechnology use cases often focus on streamlining the tasks routinely performed by junior associates. What other revenue generating use cases emerge from leveraging a law firms data?
The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. Since then, the industry has witnessed constant inventions and upgrades in tandem with the ever-changing needs of global legal professionals. Legal AI in the early years.
The legal industry is steeped in tradition and established processes. While they will continue to serve lawyers and law firms, modern clients demand innovation. Law firm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow.
Document Software and Storage. Let’s face it: the legal profession involves a lot of documents. Your law firm probably already uses document software like Office 365 to prepare your client’s legaldocuments. At the end of the day, people are the foundation of your law firm. Accounting Software.
While your time in law school gave you a strong legal foundation, chances are you didnt learn much about the numerous lawyer tools that can simplify your job. For instance, marketing may not seem essential when youre pontificating about substantive issues in law school.
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Legal Research Reinvented Legal research, which traditionally involves time-consuming manual searches through multiple databases, is being revolutionized by AI-powered platforms. The use of AI in legal research significantly reduces the time and effort required to find relevant information.
This is why legal project management is turning into a field of its own, innovating industry-specific techniques for improving client service and efficiency, in ways that increase client involvement and transparency. As law students, few litigators imagined themselves transitioning into project management roles after passing the bar.
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The law practice management company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides case management, immigration forms, and client-relationship management. another all-in-one practice management platform for immigration law firms.
However, this inherent familiarity with (and normalization of) technology still leaves a gap of real-world proficiency within the software tools law firms rely on every day. Regardless, let’s examine the role’s day-to-day responsibilities within the lens of technological proficiency. Law Office Administrations.
That being said, what does it take to stand out and become a “Top Lawyer” in your specific field of law? In this interview series called “5 Things You Need To Become A Top Lawyer In Your Specific Field of Law”, we are talking to top lawyers who share what it takes to excel and stand out in your industry. Finally, I don’t have an ego.
As you head into conference-mode to dig into the latest in legaltechnology at TECHSHOW, our team thought this is the perfect time to share trends and industry insights to give you some food for thought and areas to investigate at the show. Last year, we shared 10 legal tech trends driving success in the legal industry.
Our opening keynote speeches by Jim McGinnis, CEO, MyCase and Tressa Schultze, Head of Product, MyCase detailed exciting technological advances for the future of MyCase and the steps we’re taking to help law firms thrive by using technology they love. New Release: 2021 MyCase Legal Industry Report.
It’s happening right now, and it’s changing the way you practice law. Legal tech startups are disrupting traditional law firms and offering new ways to improve the efficiency and effectiveness of their services. This technology has revolutionized the way these documents are prepared, saving time and reducing errors.
The LegalTechnology Resource Center ’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legaltechnology. The firm invested in LegalDocument Automation software and I was chosen to learn how to automate documents.
The LegalTechnology Resource Center ’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legaltechnology. Is there a legal tech resource of any kind that really helped you when you were starting out in the field?
As more and more legaltech companies add their product listings to the LawNext LegalTechnology Directory , which we launched in February , I am periodically featuring the latest listings. “Quickly and easily plot deeds, tracts and legal descriptions by entering metes and bounds descriptions. . ” HotDocs.
Ever since we launched the LawNext LegalTechnology Directory , which debuted in February , I am consistently fascinated to see the products that get added. As closely as I follow legal tech, I always discover products that are new and interesting. Developed by attorneys for law firms. RazorLex , RazorCube and Razor365.
In the over 20 years I have been working with law firms, I have set up intake departments, developed the corresponding technological infrastructure needed to support the processes that make them work, hired and fired applicable employees, audited law firms’ intake systems, and worked with legaltechnology companies to develop intake software.
Now that lawyers have been working remotely over the past year – and may continue to do so in the future – the legal software choices made by law firm leaders take on a whole new level of importance. That’s where the different functions of legal software come in. Legaldocument software.
Readers have been voting to select the 15 legaltechnology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. Project management tools can help, and we’re the first legal tech solution providing comprehensive project management integrated into the Inbox.
However, the uncertainty we continue to face means that law firms need to be fully prepared for whatever may come. If you’re not sure what categories of software your firm needs to have in place for a hybrid office, my ABA Journal articles on legal software are a great place to start. Document management tools.
Technology adaptation in law and legal firms have had a slow start. LexisNexis started the revolution by digitizing case law and journals in the 1970s and WestLaw followed the example in the 1990s—and paper slowly replaced email. But things have been changing in technology and law over the years.
According to the American Bar Association (ABA), drafting is a “mission-critical function” for all law offices. Your legaldocuments should capture your practice’s intellectual capital and set it apart from other competitors. This allows attorneys to focus on their legal practice rather than on maintaining their IT system.
Most of us know that converting a Word document to a pdf file is as easy as clicking “Save as” and changing the format from the Word document. Once the file is a PDF format though, it is harder to alter and edit, change pages, or rotate elements within the document. The solution to that is installing Adobe Acrobat Pro.
This approach reinforces learning and allows them to experience the practical benefits of the technology first-hand. For instance, after learning how to use document automation features, they should start creating their legaldocuments using the software right away. With time and practice, it will become second nature.
Here is your chance to help pick the legaltechnology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. We apply Natural Language Processing and a semantic knowledge graph to the process that attorneys use to research, analyze and write complex legaldocuments. We need your vote!
Law firm management software with an integrated legal calendar system helps you take control of your deadlines, minimize the risk of errors, and ultimately, conquer your fear of malpractice. Enter law firm management software and its integrated legal calendar system.
Two litigation-focused Canadian legaltechnology companies, CiteRight and Jurisage , have merged, combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legal research and drafting solution.
Readers have been voting to select the 15 legaltechnology startups that will get to participate in the sixth-annual Startup Alley at ABA TECHSHOW 2022 , taking place March 2-5, 2022. Project management tools can help, and we’re the first legal tech solution providing comprehensive project management integrated into the Inbox.
We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes law firm pricing by offering a foundation for alternative fee structures. Another example is our Directory of Alternative Fee Providing Law Firms. What makes you unique or innovative? What problem do you solve?
In the realms of legaltechnology and innovation, the pandemic had yielded silver linings – greater adoption of technology, more flexible workplaces, hybrid courts – that promised a future in which the legal profession and justice system would better serve those who need them. Legal tech went public.
What’s the biggest threat to the future growth ambitions of top law firms? This relatively niche, back-office support problem has become so troublesome in recent years that it was listed as the biggest threat to the future growth ambitions of the top 100 law firms. Law firms need to stop viewing technology as a support function.
AffiniPay, the parent company of legaltechnologysolutions MyCase and LawPay and the leader in technology and financial solutions for professionals for more than 15 years, recently announced the launch of AffiniPay IQ—cutting-edge generative AI tailored for the legal industry.
Project management tools can help, and we’re the first legal tech solution providing comprehensive project management integrated into the Inbox. Dashboard Legal turns the inbox into a project management platform. The first and most awarded ODR platform – used by courts, corporations, law firms and more. Fourth Party.
We currently use this to offer lead generation services to law firms, but we love the potential for other use cases. CiteRight Elevator Pitch: CiteRight helps litigation teams save, organize, share, cite, and assemble case law — so they can draft faster and spend more time on what matters. We don’t want to change the law.
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Della AI will become part of the Legal Software unit of Wolters Kluwer Legal & Regulatory, which includes legaltechnologysolutions such as Legisway, all-in-one software for corporate legal departments, and Kleos, cloud-based legal practice management software for law firms.
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