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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. Without technology, even the most basic administrative tasks eat into billable hours.
Factor, a managed services company that describes itself as a provider of “integrated law” to corporate legal departments, has acquired Theory and Principle, a legaltechnology design and development agency, in a move intended to advance Factor’s strategic shift toward developing and delivering AI-first legalservices.
As an ethics attorney, I am frequently asked about the ethics of subscription legalservices. Here is my story of how the practice hatched from an idea to a full-fledged service line. With her expertise and understanding of exactly what was needed and his developer expertise, Legal Subscribe was born.
Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. According to Gartner Inc., Trends to Watch in 2022.
LLMs and generative AI are revolutionizing text generation and comprehension, and the legal industry is feeling their impact. The post How LLMs and Generative AI Can Transform LegalServices appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
SXSWor as some call it, South Byis a sprawling, nine-day event (13 if you include the education-focused portion) that blends technology, music, film, media, and culture into an immersive experience. Over the years, it has morphed into a global event that brings together emerging technology, digital media, and internet culture.
Getty Images Legal Operations has evolved into a vital strategic function, helping in-house legal teams navigate todays increasingly complex business landscape. By working together, GCs and Legal Ops leaders can ensure that legal departments are not only efficient but also proactive, business-aligned, and future-ready.
It would be wise for legalservice communities to navigate the complexities of AI/ML with a nuanced approach that balances innovation and caution. The post Securing The Use Of Artificial Intelligence And Machine Learning In LegalServices appeared first on Above the Law.
Access to justice is a persistent challenge in the legal industry. While many focus on legal representation, its easy to overlook how foundational processes like service of process contribute to the problem. The Birth Of Legal Innovation Erics journey into legal tech wasnt planned. Its a win-win, he said.
In recent months, Epiq, a global company providing technology-enabled legalservices, has announced new artificial intelligence and analytics features built using the AI capabilities of Amazon Web Services.
As a leading provider of legaltechnology software, LawVu maintains close contact with our customers and the broader in-house legal community, ensuring we are always aware of emerging trends and able to deliver on our mission, which is to support and accelerate the work of the worlds corporate legal teams.
Using legal data for strategic law firm planning is no longer reserved for BigLaw. As covered in Part 1 in this series, one of the easiest ways to begin using legal data to boost business development is to look more intently at the firm’s clients. But what’s even more important for law firms is to see this happening in real-time.
ClientCredit is the first BNPL solution for legal clients on the market and is exclusively available through LawPay. With ClientCredit, your clients have the ability to pay for legalservices in installments while your firm still receives 100% of the invoiced amount upfront. The Latest from the Legal Payments Leaders.
For all the money being poured into legaltechnology development these days, woefully little gets spent on technology designed to enhance access to justice for low-income Americans. Here is the complete list of 2021 TIG grants: Alaska .
The legal needs of millions currently receive the attention of a handful of attorneys and beyond the profession’s long, abysmal record of meeting the needs of low-income folks, middle class families increasingly find themselves priced out of legal help. Which is where the designers of bespoke legal tools come in.
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Winners have been named for the second annual American LegalTechnology Awards , a competition launched last year to honor exceptional achievements in legaltechnology. Ayuda Legal Puerto Rico. Priori Legal. Glenn Rawdon , program counsel for technology, LegalServices Corporation.
Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . Now, law firms and legal departments that incorporated solutions such as contract staffing during the past 18 months are looking toward strengthening their organizations for the future.
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.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legalservices are delivered and will force law firms to re-engineer their legacy economic model.
The post How Generative AI Will Improve LegalService Delivery appeared first on Above the Law. Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report.
Tauranga, 26 February 2025 LawVu, the leading legal workspace for in-house legal teams, has reaffirmed its commitment to transforming legal spend management and e-billing with significant new investments and innovations.
The job, as they see it, is to get the fee out there, and to define the scope of legalservices, as quickly as possible – so that the client will sign off, and so that the lawyer can go back to what they really want to do, which is to practice substantive law. Tired of getting texts from clients in the middle of the night?
The post As Law Firms Start Layoffs, Alternative LegalServices Providers Grow Like Gangbusters appeared first on Above the Law. Biglaw firms that haven't entered the ALSP market might want to get a move on.
Managed legalservice providers like Cenza can play a significant role in simplifying the implementation process. Managed LegalService Support: Cenza has industry expertise and can assist in conducting a comprehensive needs assessment, identifying pain points, and aligning your requirements with the CLM solution’s capabilities.
From The Guardian : An Australian lawyer has been referred to a state legal complaints commission, after it was discovered he had used ChatGPT to write court filings in an immigration case and the artificial intelligence platform generated case citations that did not exist.
Dean Whalen, Chief Legal Officer of Readback, a new AI-assisted deposition court reporting platform, explains how AI-assisted court reporting addresses the stenographer talent crunch — with added benefits. The challenges of increasing costs, customer service and scalability are a textbook use case for technology — especially AI.
Time has flown and the legal profession has moved just as quickly, if not faster. ” It found that 69% of responding attorneys believed that understanding which technologies to deploy was important — which of course implies that 31% did not find it important. .” However, notable exceptions are present.
Whether you work for a large firm or you run your own private practice, getting your legal billing right is absolutely crucial. 4 Legal Billing Dos. Many legal professionals will record their tasks in 10-15 minute increments, with some going as detailed as six minutes at a time. As much as possible, avoid legal jargon.
Rupp Pfalzgraf has embraced cutting-edge technology since its inception, leveraging advancements to deliver high-quality legalservices with greater efficiency. Over the years, the firm has doubled down on innovation, ensuring they remain adaptable and prepared to meet the challenges of the modern legal landscape.
In-house legal teams are under more pressure than ever in 2024. As many in-house teams are discovering, one of the most effective ways to meet the rising demands on the legal function is to invest in optimizing the way that legalservices are delivered to the business.
The practice of outsourcing certain aspects of legal work by law firms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative LegalService Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.
Jerry Lawson spoke with Richard Granat, a lawyer, frequent speaker on legaltechnology, blogger, and consultant. His professional work has earned many awards, including the ABA's Legal Rebel Award, the ABA's Louis M. He has long been a leader in using technology to improve access to legalservices.
I sat down with Dr. Don Billings , a long-time colleague, who knows just about anything one needs to know about legaltechnology and beyond. As those of you who have been in the field for awhile know first-hand, lawyers are always the last to get on the bandwagon with changes, let alone technology changes. Not going to happen.
A leading voice at the University of Minnesota Law School, Schwarcz bridges the academic and practical worlds of AI, insurance law, and legaltechnology. When OpenAIs ChatGPT burst onto the scene, Schwarcz dove headfirst into studying how this technology could affect legal education and practice.
. “The evidence gathered in this report shows that rule reforms can spur significant innovation, both in the ownership structure of legalservices providers and in the delivery models used to serve clients,” the report concludes. Not surprisingly, technology is a critical element in innovation of legalservices delivery.
At one point, early in the generative AI era, I wondered if developing this technology to essentially take over first-pass review and hand senior lawyers who view computers much like the Supreme Court views voting rights access to interrogate discovery materials might deal a devastating blow to the alternative legalservice provider sector.
Without getting hung up too much on the developments she predicted, for Legal, the most important thing in my view is its the mindset that should be used to deal with change and the questions that need to be asked. Webs thesis is our technology is in many ways rewriting our long-held rules of reality. Legal does not like change.
The Lincoln Legal Papers Project identified over 5,600 cases and nearly 100,000 documents related to Lincoln’s law practice. If he were with us today, it’s likely that Lincoln would not have the time or knowledge to pursue such a broad range of legal cases and clients. In legalservices, specialization has been spurred by rapid change.
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For the last seven years, Mighty has been a legaltechnology company operating a portal that helps personal injury law firms interface more seamlessly with the lienholders, such as medical providers, who have claims against their clients’ recoveries. The firm will provide all legalservices to clients and receive all client fees.
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