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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. Automating these tasks not only saves time, but also reduces human error.
As a practicing attorney, I benefit every day from legal software designed to streamline the everyday lives of legal professionals. These are the promised benefits of legal tech. I specialize in Intellectual property law, not employment or personal injury. Practice-Specific Legal Software Solutions.
By embracing legal tech, firms are stepping into the future and preserving the integrity and success of their practices. forcing at-home work to extend even further, the legal industry continues to feel the disruption. The good news is that legal tech programs can prove valuable in helping you manage and protect your law practice.
Sixty-seven percent of firms are already leveraging the benefits of cloud-based solutions, with another 13% planning to transition in the next 12 months, according to ILTAs 2024 Technology Survey. He is also co-founder of the LawNext LegalTechnology Directory. Join us at 11 a.m.
For law firms, streamlined, effective legal billing software is incredibly important. Enter modern legal billing software. It ensures that your firm’s legal billing processes are efficient and accurate by reducing the steps needed to invoice clients and accept online payments. Hurdle 5: Disparate Solutions.
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Legaltechnology company SurePoint Technologies has acquired the legal practice management company ZenCase in a strategic move aimed at enhancing SurePoint’s practice management offerings for mid-sized law firms.
Many profitable and well-run law firms have separate legaltechnology systems for separate tasks. In the latest Adventures in Legal Tech podcast, host Jared Correia is joined by Dr. Cain Elliott and Keegan Chapman of Filevine to explore these questions. The post Are Point Solutions All Theyre Cracked Up To Be?
The rise of online payment solutions has impacted nearly every industry, shaping consumer expectations for everything from grocery shopping to high-level business operations. People aren’t just accustomed to digital payments—they actively seek them. But not all legal CRMs are created equal. But not all legal CRMs are created equal.
Small law firms are not immune to this trend. How many law firm services are in the cloud, especially today? Sometimes those outside the IT department are pretty sharp technologically — and running shadow IT operations doesn’t intimidate them. Cloud services and other vendors make it darn easy to implement new solutions.
Finalists have been named for the 2023 American LegalTechnology Awards , which honor exceptional achievement in various aspects of legaltechnology. Also this year, because of the large number of nominees in the Access to Justice category, it was split into three sub-categories: Individual, LegalTech and Legal Aid.
Here’s how Lawyaw Legal Drafting can help. Each year, the team at Lawyaw talks to thousands of legal professionals who are looking for solutions to the myriad challenges of practicing law in the 21st century. For most law firms, legal documents are the foundation of their practice.
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.
The five-episode series will be produced by Legal Talk Network, a leading media platform for legal professionals. The five-episode series will be produced by Legal Talk Network, a leading media platform for legal professionals.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that law firms and litigation support teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.
The post Complete Practice Management Solution Now in Tabs3 Cloud appeared first on Articles, Tips and Tech for Law Firms and Lawyers. Take your practice to the next level with the addition of PracticeMaster practice management software. Fully integrated with Tabs3 Billing and Tabs3 Financials.
Professional human translators have always been the go-to way of translating documents for legal proceedings. However, machine translation (MT) has become a viable alternative for some types of legal content due to faster turnaround and lower cost while retaining a high level of actionability. Multilingual E-Discovery .
So we asked our experts: What do you think small law firms should (or should not) be spending their technology dollars on in 2022? She was previously Director of the American Bar Association’s LegalTechnology Resource Center for over 10 years and was one of the inaugural Fastcase 50. Existing features.
Why are SIEMs for law firms is important? In the simplest terms, it's a security solution that detects threats before your firm is impacted. The post What the Heck Is a SIEM and Why Do Law Firms Need Them? Here’s Your Primer appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
This year, Ill be attending the interactive portion, which focuses on the intersection of technology, business, and policy and the futurespaces where legal can and will be impacted. Companies showcase the latest gadgets, AI-powered solutions, and futuristic concepts that are on or will soon hit the market. SXSW is different.
Advances in technology and access to legal staffing is helping rural lawyers improve workflows and operate more efficiently. For example, there may be a scarcity of local IT professionals to help them troubleshoot technology problems. First, now is the time for rural practices to embrace automation.
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. This invention set the stage for a technology revolution in the legal space. Legal AI in the early years.
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. This will be a virtual event. Congrats to Our Class of 2021!
Last month, we announced the launch of the LawNext LegalTechnology Directory , which we hope will become the most trusted source of legal tech products in the market. Legal professionals are invited to add reviews of products they have used, to help guide others in evaluating products.
As law firms and legal departments expand technological capabilities, an emphasis remains on increasing efficiency while providing value. Solutions templating in a technology platform can make creating and configuring new sites more intuitive, efficient and seamless. This includes: Legal data.
Legal directories are online platforms where attorneys and law firms showcase their expertise, credentials, and services. These directories serve as a vital resource for potential clients seeking legal help, offering quick access to detailed attorney profiles categorized by practice area, location, and reviews.
The post Why Major Companies Are Outsourcing LegalSolutions appeared first on Above the Law. Why are even institution-sized firms pulling in external experts? And what duties are those hires performing?
In today’s digital era, leveraging data has become a fundamental aspect of almost every business operation and in-house legal function. As a result, the role of a legal leader now extends beyond traditional legal oversight. You go into a company and it’s okay, everybody’s using this terminology.
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.
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 legal research and drafting solution.
Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. APX is a unique offering to the legal community in many ways.
In his keynote speech opening LEX Summit in Salt Lake City, Filevine founder and CEO Ryan Anderson emphasized platforms as the future of technology for law firms, criticizing the legaltechnology landscape as a fragmented and inefficient array of point solutions, and promising that Filevine will deliver firms a better way by bringing together everything (..)
It is an all-too-common scenario in legal tech: A law firm deploys a new legal tech product, hoping to enhance the productivity and efficiency of its legal professionals, only to see it sit idle and underutilized by the very professionals it was intended to benefit.
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.
The JAA would extend the same basic workplace protections that apply to most other workers, to judiciary employees who support the daily functioning of our courts; and it would ensure that judges who interpret federal anti-discrimination laws, are themselves subject to them. Our first bold initiative?
The conference will span four days (May 5-8) and is the premier event designed by and for legal operations professionals and in-house legal departments. Legal operations (ops) professionals, for those unfamiliar, manage the business and administrative activities of legal practice. Ecosystem Collaboration.
The in-house legal profession is undergoing a rapidly accelerating transformation. It is now imperative for legal leaders to operate at the same or higher levels of sophistication in leadership, management, and operations as our peers on the business leadership team.
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. Enough chit-chat.
Managing an increasing volume of cases and court deadlines– sometimes in multiple jurisdictions – is one of the biggest time management challenges for law firms. . As a result, lawyers and law clerks face a constant stream of changing processes with deadlines that often involve date calculations. The Solution: Integrated Court Rules.
Assembly Legal’s McKay Ferrell explains some common misunderstandings so you can better evaluate the options. . It’s not true that small law firms can’t compete with bigger firms. You need to purchase a standalone, specialized intake solution to compete with bigger firms. Misunderstandings When Evaluating Intake Software.
Integrated accounting software is a vital tool for modern law practices. This software understands how law firms work and can make daily accounting workflows and overall client and financial management more efficient. For law firms, however, this increases labor and operational costs.
Clients are well-informed and have a multitude of legal service options, creating a competitive environment that puts significant pressure on law firms to offer both competitive rates and top-quality service. Law firms are grappling with a growing trend – client rate pressure. Let’s dive in.
The LegalTechnology Resource Center ’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legaltechnology. Rebecca Hernandez Benavides is the Director of Legal Business and Strategy at Microsoft. How did you become involved in legal tech? Optimistic.
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