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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.
The Legal Profession Can Be a Journey to Bigger and Better Opportunities By Chere B. Now, youve started circling Indeed and LinkedIn, reached out to legal recruiters and are quietly scanning job listings. Now, youve started circling Indeed and LinkedIn, reached out to legal recruiters and are quietly scanning job listings.
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.
How speed and accuracy benchmarks misrepresent the real value of legal AI Welcome to the era of the AI superlative. As more companies develop AI solutions and start-ups seek capital investment in an increasingly crowded field, customers will seek benchmarks to evaluate the efficacy of these tools.
Some technology manages to strike a chord with attorneys and gets inserted into the workflow, but many products fail to break through with the masses to the frustration of tech professionals. “ Ground your legal AI strategy firmly in the basics ” declares a new report from iManage. It’s not universal by any means.
In Season 10, Episode 8 of “ Notes to My (Legal) Self,” I sat down with Tom Martin, founder and CEO of LawDroid, to discuss how AI legal assistants are changing the game for law firms. AI legal assistants free them to focus on what really matters — delivering value to their clients. Partner with Experts.
(Image via Getty) In Season 9, Episode 6 of “ Notes to My (Legal) Self, “ I had the privilege of speaking with Horace Wu, founder and CEO of Syntheia, a company revolutionizing contract data analytics and smart drafting for transactional lawyers. Why Build, Buy, Or Blend? Commitment. Transparency.
Where will you focus your technology spending in the next months? So we asked our experts: What do you think small law firms should (or should not) be spending their technology dollars on in 2022? So we asked our experts: What do you think small law firms should (or should not) be spending their technology dollars on in 2022?
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. Can’t You Control Shadow IT by Policies or Technology? What Is Shadow IT? So let’s start there. Absolutely not.
One of the greatest challenges of Generative AI solutions like ChatGPT is hallucination. Hallucinations are a problem because GenAI solutions like ChatGPT are not databases, even though they appear to behave like search engines that provide a custom answer to a question. The academic community is already wrestling with the issues.
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. Technology as Team and Task Master. The Foundation for Success: Establishing Priorities.
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 legal services are delivered and will force law firms to re-engineer their legacy economic model.
By adopting strategic approaches to leveraging technology, firms can streamline claim management, reduce bottlenecks, and improve efficiency Handling a large volume of insurance claims can overwhelm even the most organized law firms, straining resources and impacting client satisfaction.
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.
Owning a laptop computer and Instagram account might help combat boredom—but doesn’t necessarily translate to technical proficiency in a legal setting. 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.
When you talk to Cat Casey, you quickly realize shes not just an expert in AI and legaltechnology — shes a force of nature. As the chief growth officer at Reveal and a globally recognized voice in legal AI, Cat brings a unique blend of humor, insight, and pop culture references to a field that desperately needs all three.
Assembly Legal’s McKay Ferrell explains some common misunderstandings so you can better evaluate the options. . With the right technology, your firm can take advantage of automations that remove bottlenecks and improve workflow — all while feeding you the data you need to grow. You need to hire highly skilled intake specialists.
MyCase , a long-standing case management software provider, has established itself as an effective all-in-one solution for law firms, jam-packed with in-house features. Now, in step with the growth of the legal tech space overall, the MyCase universe is beginning to expand. to its stable. appeared first on Attorney at Work.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. Despite their benefits, many legal organizations have been hesitant to implement AI tools. Technology leaders have had to reassure users across all sectors that AI is here to help them, not replace them. AI Hesitation.
The solution? Automating time tracking through technology. Well also share key insights from the 2025 MyCase Legal Industry Report to show how firms are benefiting from this technology. Manual time tracking often leads to missed billable hours, inaccurate invoicing, and lost revenue.
But not all solutions are created equal. To truly transform your practice, you need to look for specific law firm case management software features that address the unique challenges of legal work. Taming the Paper Beast Legal work and paperwork go hand in hand, but drowning in documents is no longer inevitable.
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.
Ideally, this solution mirrors the in-person paper process as closely as possible, such as each party getting their own “copy” of the exhibit, exhibits not being revealed until introduced and ability for an exhibit stamp to be applied. This has lead to an increase in the use of native file types in legal proceedings. 17 C 5859 (N.D.
The definition said, “An innovation strategy is a plan used by a company to encourage advancements in technology or services, usually by investing money in research and development activities.” OK……technology. and that they had been looking quite awhile with no success. The cone of silence had descended. My team will get right on it.”
In the legal profession specifically, many paralegals work day and night to adapt to the new challenges exposed by the pandemic. Using Technology As An Aid To Avoiding Paralegal Burnout. If you have established a defined set of boundaries (of both time and space) there is a third step to take: use technology to stick to these habits.
The adoption of AI-powered legaltechnology has become an inevitable milestone for corporate legal departments. But, as with most modern technology, ensuring success when introducing AI capabilities into your legal operations isnt just about the tools you choose its about how you use them.
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 legal service provider sector.
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.
When the Center on the Legal Profession at Harvard Law School explored law firm work allocation in 2017 , longtime partners confirmed that traditional work allocation has an implicit bias toward associates who can easily develop relationships with partners. Disclosure: My firm provides this technology.)
Those predictions have fallen flat across the legal sector. Instead, in the past decade, the popularity of legal project management has grown exponentially. Offering a legal service is, of course, quite different from developing a new disinfectant, or building a software application or a material object.
The legal industry is steeped in tradition and established processes. Law firm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow. Innovation in the legal industry has become a necessity for survival. Choosing an online storage provider 4.
International Judicial Cooperation (IJC) and advanced technologies redefine Private International Law (PIL) in a globalized world. The convergences between legal collaboration among countries and technological innovations have revolutionized how cross-border legal issues are approached and resolved. In article 4.6,
As a paralegal, confidence is key to your role and making a meaningful contribution to your legal team. Your legal team is counting on your confidence to prepare documents, talk to clients, and conduct legal research. Be a sponge and know the ins and outs of your legal field, from case law to court procedures.
If you have been struggling to simplify arduous processes in your client work or have ever had a difficult time collecting invoices from clients, LollyLaw may be the solution you are looking for. The right technology can open many doors for both you and your clients to make the payments process easier. About LollyLaw.
In June 2022, I launched The Legal Accountability Project (LAP), the first and only nonprofit working full-time to ensure that judicial law clerks have positive clerkship experiences, while extending support and resources to those who do not. Times are changing, albeit too slowly. After that first fall, I had a decision to make.
This extra security step is especially helpful for legal professionals managing confidential client data. In legal practice, where a data breach can lead to serious problems, keeping your systems updated is a must. A legal assistant, for example, doesn’t need the same access to case files as a senior attorney.
Big Salaries Aren’t a Sustainable Solution. The legal space has survived the pandemic and has shown record profits despite the Chicken Little echo chamber. The current state of the legal marketplace favors the professional mobility of associate attorneys. Fast forward to 2022. Four Ways to Improve Associate Retention.
Learn how big tech has changed the legal industry Free Guide The Small Firms Guide to Big Tech While any change in how you operate your law office can feel overwhelming, theres never been a better time to start migrating your office structures online. Legal tech trends aren't just short-lived fads. They've become a standard.
In a recent MyCase webinar , Florida attorney and legal performance coach Audrey Ehrhardt explored trust accounting best practices and provided actionable tips to enhance financial operations. Do not borrow, transfer, or use them for anything other than their intended legal purpose.
What legal tech could improve my practice management? Finding trusted solutions through referrals speeds up decision-making and reduces risk. Whether youre interviewing for a job, hiring an employee, or evaluating new legaltechnology, having your questions ready in advance ensures you gather the right information.
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.
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