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Last September, two litigation-focused Canadian legaltechnology companies, CiteRight and Jurisage, announced their merger, with the promise of combining CiteRight’s litigation drafting program with Jurisage’s AI technology to create an integrated legalresearch and drafting solution.
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The LegalTechnology Resource Center (LTRC) is pleased to make its seventh annual announcement of its Women of Legal Tech honorees. LTRC’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legaltechnology.
Furthering its expansion beyond legalresearch and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market.
I sat down with Dr. Don Billings , a long-time colleague, who knows just about anything one needs to know about legaltechnology and beyond. My comprehensive expertise spans various managerial, legal, and computer science-related disciplines. 2. Where are working nowadays? Somewhere prestigious, I’m sure.
Stephan Werthauer is a Senior Consultant/Trainee Solicitor at D2 LegalTechnology, a global legal data consulting firm. We recently caught up with Stephan to find out insights on working within the legaltechnology industry, what he does on an average day, and his advice for those wanting to take a similar career path.
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Let me give you an example: A couple of months ago, my client, one of the biggest law firms in the world, called me and told me they wanted a “Professional Development Innovative Specialist.” I had no idea what this was, who hires, what industry it was in much less why it belonged in a law firm. Starting next week??? Seriously??
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It’s a big part of the reason why many law firms have historically been slow to adopt new technology. . But over the past two years, attorneys have been put in a position where choosing not to implement new legal tech isn’t really an option anymore. . Selecting the Right Type of Law Office Technology.
With legaltechnology companies of all ilks rapidly moving to develop products that incorporate the new generation of generative AI typified by ChatGPT, it was only a matter of time before one of the legalresearch giants would enter the fray. and the U.S., said during a preview yesterday for members of the media.
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Reasonable minds can quibble over that number – some say it is exaggerated – but no one doubts or disputes that the legal system falls dramatically short of serving those who need it, not just for those with low incomes, but also for the middle class and small businesses. The other is the continuing lack of public access to the law.
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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 legalresearch and drafting solution.
Associate and Assistant GCs generally handle the full scope of tasks an in-house legal department is assigned to daily, from legalresearch to litigation advice. Some companies use both Associate and Assistant GCs as part of their in-house legal structure to establish a deeper hierarchy.
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Your firm’s law office management and organizational procedures can mean the difference between running a profitable business or running your business into the ground. There are several complex components involved in successful law office management. How to leverage legaltechnology to make law practice management simple .
The ABA TechReport combines data from the annual ABA LegalTechnology Survey Report with expert analysis, observations, and predictions from leaders in the legaltechnology field. In the legal profession, it’s still a much different story. Legal is a lagging industry in cloud use.
In-house legal vs law firms: Choosing a career path Are you considering an in-house legal career? Understanding the differences between working in an in-house legal department and a law firm (otherwise known as private practice in some jurisdictions) is critical to making a well-informed decision.
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?
LegalOn , a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. ” Read more about LegalOn in the LawNext LegalTechnology Directory. “We keep these updated for any changes in the law,” Shimamoto said. ”
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.
Here is your chance to help pick the legaltechnology startups that will be selected for the sixth-annual Startup Alley at ABA TECHSHOW 2022. Our system inherently understands legal relationships and keeps up with changes in the law. We understand how legal teams work and the tools required to complete everyday workflows.
In Japan, the legaltechnology company LegalOn , which has operated there under the name LegalForce, is one of the largest providers of AI contract review technology to corporations and law firms, with more than 3,000 customers, 400 employees and $131 million in fundraising, including $101 million this year. expansion.”.
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.
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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.
In a report on Alternative Legal Service Providers by Thomson Reuters published in 2019, the market value was estimated to be $10.7 The study has also unearthed the fact that ALSPs’ services are leveraged by 79% of law firms and 71% of corporate entities to achieve better efficiency and reduce costs. billion as of 2017.
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.
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