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How to Increase Law Firm Profitability

Centerbase

For five quarters in a row, law firm profitability has fallen, according to the 2023 Report on the State of the Legal Market , a study conducted by the Thomson Reuters Institute and Georgetown. Data are based on reported results from 170 US-based law firms, including 46 AmLaw 100 firms, 47 AmLaw 200 firms, and 77 midsize law firms.)

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Legal Tech Company Names New Leadership After Arrest of President

LawSites

World Software, whose Worldox document management software is used by law firms worldwide, has named new leadership following the arrest this week of its president. Raymond Zwiefelhofer, who has been president since 2009, has been terminated from the company, the source said.

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As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal

LawSites

Dashboard Legal was founded in 2020 by Mathew Rotenberg , its CEO and a former associate at law firms Akin Gump and Skadden Arps, and Fedor Garin , its CTO and a software engineer. Integrations with Outlook and document management systems such as iManage and NetDocuments.

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CRM Platform Lawmatics Expands with Time and Billing Features; Adds E-Payments through Gravity Legal

LawSites

Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering law firms a comprehensive platform with everything they need to manage their administrative sides.

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The 10 Legal Tech Trends that Defined 2021

LawSites

If a law firm is unable even to decide whether its staff should return to the office, or when that return should happen, or how to structure that return, then how can that firm implement lasting and innovative changes in its technology infrastructure and systems? This is not to say that 2021 was without innovation.

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The 10 Legal Tech Trends that Defined 2021

LawSites

If a law firm is unable even to decide whether its staff should return to the office, or when that return should happen, or how to structure that return, then how can that firm implement lasting and innovative changes in its technology infrastructure and systems? This is not to say that 2021 was without innovation.

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iManage CEO Neil Araujo: ‘Making Knowledge Work is Why We Exist’

LawSites

It has been quite a journey for the document management company iManage. In 2009, Autonomy acquired Interwoven for $775 million, and then in 2011 Hewlett Packard purchased Autonomy for $11.1 Workflow for us is looking at very specific areas where law firms can optimize productivity and efficiency.