Clio

AUGUST 21, 2024

It’s also an important metric for law firm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your law firm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average law firm revenue?

Law firm 98

Law firm Electronic payment Law Law 98

Above the Law - Technology

JUNE 21, 2023

ECFX was founded in 2019 by Dan O’Day , a lawyer and veteran legal tech executive who previously worked for American LegalNet and Thomson Reuters, and Nelson Quintero , a longtime patent attorney. “We are on a mission to help law firms reduce risk and increase efficiency,” O’Day, the company’s CEO, said in a statement.

Court 201

Court Law firm Legal tech Legal tech 201

LawSites

AUGUST 17, 2021

law firms have made little progress towards achieving greater diversity, with only minimal gains over the last seven years, according to a new analysis by Law360 Pulse. More strikingly, in the seven years since 2014, the percentage of minority attorneys in law firms rose just four points, from 14.1% of equity partners.

Law firm 119

Law firm Law Law Attorney 119

Above the Law - Technology

FEBRUARY 29, 2024

million pre-seed funding round led by two venture capital firms, Maple , which invests in companies with Canadian roots, and Haystack , which invests in early-stage companies. My 2019 post detailed my visit to ROSS’s Toronto research and development office. The Toronto-based company recently closed a $2.1

Judge 275

Judge Legal tech Legal tech Lawsuit 275

Above the Law - Technology

APRIL 4, 2023

In 2019, vLex acquired Justis Publishing Ltd. , Originally a legal research company, Fastcase has diversified in recent years, launching its Full Court Press publishing arm and acquiring Docket Alarm and Law Street Media in 2018, NextChapter in 2019, and the technology and team of Judicata in 2020.

Legal research 278

Legal research Legal tech Legal tech Analytics 278

NSLT

APRIL 4, 2023

Email marketing is among the brilliant ways of staying in front of existing and potential clients across fields such as law. In the US for instance, over 90 percent of adults use email while 70 percent of them actively redeem discounts or coupons from a marketing email.

Law firm 74

Law firm Law Law 74

Above the Law - Technology

NOVEMBER 9, 2023

After all, the very premise of the report is that some law firms and legal departments are more “future ready” than others. In the very first year, 2019, 49% were leaders. Does that mean law firms and legal departments are doing less to leverage technology? This year, the number dropped to 46%.

Lawyer 244

Lawyer Law firm Law Law 244

Above the Law - Technology

MAY 3, 2023

Whether they work in law firms or corporate legal, academia or government, law librarians play a central role in testing, recommending and deploying legal technology, according to the American Association of Law Libraries’ 2023 State of the Profession report, an exhaustive 252-page survey of the legal information landscape.

Legal tech 216

Legal tech Legal tech Corporate law Law 216

LawSites

NOVEMBER 30, 2023

Seven times since 2016, Thomson Reuters has conducted a survey on the state of small law firms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.

Law firm 121

Law firm Law Law Lawyer 121

LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Documentation.

Law firm 98

Law firm Due diligence Law Law 98

Legal IT Professionals

JUNE 18, 2024

Bundledocs , the cloud-based document bundling software provider, has reached a significant milestone, now counting over 100 of the UK’s Top 200 Law Firms as customers. Founded in 2019, Bundledocs has over 1,500 customers in 34 countries worldwide.

Legal tech 124

Legal tech Legal tech Software Law firm 124

Global LegalTech Hub

DECEMBER 20, 2024

In 2019, he began developing the concept for a company that could create 3D avatars from 2D photos using 3D reconstruction techniques and machine learning, an idea that combines both blockchain and digital identities. By Pablo Yannone Sancho , Journalist at GLTH Cai is an Advisor in the technology sector, specifically focused on blockchain.

Enabler technology 130

Enabler technology Machine learning Time-tracking Defendant 130

Above the Law - Technology

DECEMBER 29, 2023

You can also check out the most popular LawNext episodes of 2022 , of 2021 , of 2020 and of 2019. As ALSP Axiom Opens A Law Firm in Arizona, Its Chief Strategy and Legal Officer Catherine Kemnitz Shares Details. Documate Founder Dorna Moini on Rebranding As Gavel and How Law Firms Can Productize their Legal Services.

Paralegal 214

Paralegal e-records e-discovery Legal tech 214

Above the Law - Technology

APRIL 11, 2024

It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a law firm and a technology company. In 2011, LexisNexis leapt onto this bandwagon with its release of Firm Manager , a web-based practice management platform designed for smaller law firms.

Legal tech 271

Legal tech Legal tech Lawsuit Analytics 271

NSLT

APRIL 4, 2023

Email marketing is among the brilliant ways of staying in front of existing and potential clients across fields such as law. In the US for instance, over 90 percent of adults use email while 70 percent of them actively redeem discounts or coupons from a marketing email.

Law firm 62

Law firm Law Law 62

LawSites

DECEMBER 14, 2022

A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.

Law firm 98

Law firm Electronic payment Document automation Practice management 98

LawSites

JUNE 6, 2021

based Intapp , a major provider of cloud-based business applications for larger law firms and financial services firms, filed papers Friday with the U.S. In 2019, KLDiscovery became a public company. ” Its 1,600 customers include 96 of the top 100 law firms and seven of the top eight accounting firms, it says.

Practice management 140

Practice management Legal software Legal software Law firm 140

LawSites

OCTOBER 20, 2022

In a unique partnership between a law firm and a legal technology company, the immigration firm Siskind Susser and its technology affiliate Visalaw.Ai In a unique partnership between a law firm and a legal technology company, the immigration firm Siskind Susser and its technology affiliate Visalaw.Ai

Document automation 98

Document automation Case management Immigration lawyer Bankruptcy 98

LawSites

JULY 1, 2021

The Chicago-based legal technology company Litera has acquired Objective Manager , a UK company that provides a SaaS platform for law firms to use in strategic planning, performance measurement and talent engagement. company Workshare and deal-management platform Doxly.

Software 137

Software Law firm Litigator Litigation 137

LawSites

OCTOBER 13, 2021

It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. Paradigm says it has seen substantial growth in recent years as law firms have moved to cloud-based products, and that it currently serves 11,000 law firms.

Practice management 116

Practice management Workers Compensation Electronic payment Software 116

LawSites

MAY 13, 2021

Ninety-two percent of law firms worldwide say they were completely or somewhat prepared for full-scale remote work at the pandemic’s onset, a survey released this morning finds. Even so, most firms plan to increase their budgets for technology and process software and adopt more cloud-based technologies, the survey reports.

Practice management 134

Practice management Law firm Software Document management 134

LawSites

MAY 17, 2021

The funding round was led by Australian venture firm Carthona Capital , with participation from U.S. Added to the startup’s $1 million seed round in 2019, this brings its total funding to $3.5 investors, including The LegalTech Fund. With the support of the LegalTech Fund, we have the partners to make that happen.”

Software 145

Software Law firm Lawyer Law 145

LawSites

NOVEMBER 5, 2021

Clocktimizer in April 2021 , which tracks and analyzes law firm billing data. Firm intelligence company Foundation Software in January 2021. Litigation management platform Allegory Law in August 2020. Deal-management platform Doxly in August 2019. company Workshare in July 2019.

Time-tracking 111

Time-tracking Software Legal tech Legal tech 111

LawSites

APRIL 9, 2024

Timing is everything, it is said, and so it was either ironic or fateful that Maptician — developed as a hoteling platform to help law firms and businesses manage office space — launched in 2019, just before the pandemic and a period in which offices once bustling with people turned into downtown ghost towns.

Law firm 64

Law firm e-records Law Law 64

InsideLegal

JANUARY 29, 2019

‘Pre’ Legalweek New York began Monday with various premium boot camp-style intensives, but for us, Tuesday’s ‘State of the Industry’ general session at 8:30AM (Grand Ballroom East) marked the official kick-off for Legalweek 2019. Is this a focus in 2019? They grew revenue by over 5% and 80% of firms saw improvements in profitability.

Law firm 40

Law firm Litigator Litigation Legal tech 40

Legal Talk Network

OCTOBER 13, 2022

So much had changed since the last in-person conference in San Diego during 2019. For our part, we recorded 18 short-format podcasts loaded with economic data/trends about the legal profession as well as ways for generating more business in your law firm. Lessons Learned from Starting a New Law Firm.

Law firm 147

Law firm Judge Attorney Court 147

Above the Law - Technology

JUNE 15, 2023

2019 Casetext’s New ‘SmartCite’ Citator Is Its Clever Answer to Shepard’s and KeyCite. Price Wars in Legal Research Mean Deals for Small Firms; I Compare Costs. Top Law Firm Invests $8.2M LawNext Episode 3: Casetext’s Founders on their Quest to Make Legal Research Affordable. in Legal Research Company Casetext.

Legal research 207

Legal research Legal tech Legal tech Litigator 207

LawSites

JULY 15, 2021

Kluck worked for 16 years at Thomson Reuters, where her most recent position had been strategic account executive, leading a team of client managers who served some of the largest law firms in Washington, D.C., and the east coast. She moved to LawGeex in April 2020 as the company’s first account manager.

Law firm 130

Law firm Law Law 130

Ron Friedmann

JULY 27, 2020

Solving a Broad Problem: Allocating Lawyers to Matters and Managing Capacity At most large law firms, partners can choose associates to staff their matters. Bill Henderson’s 2019 post reviewing Randall Kiser ’s book. It quantifies the large “errors” in settlements, especially in large firms. This causes multiple problems.

Legal tech 130

Legal tech Legal tech Software Lawyer 130

LawSites

JUNE 6, 2023

Also last year, the Utah State Bar honored Sudbury with its 2022 Distinguished Service Award and, in 2019, Utah Business Magazine named her its 2019 Woman of the Year. In 2019, she led the successful effort that resulted in the unanimous passage of Utah’s Clean Slate law, which made Utah only the second U.S.

Criminal defense lawyer 98

Criminal defense lawyer Criminal Defense e-records Defendant 98

LawSites

MAY 31, 2022

It may be one of the least heralded yet most critical jobs in many law firms – that of the docketing professional – and it is one that calls for a unique combination of technical, data-management, organizational and communication skills. The NDA’s last in-person convention, in 2019, drew more than 200 participants.

Law firm 98

Law firm Paralegal e-filing Law 98

Ron Friedmann

JULY 15, 2020

At its core, knowledge management is about finding lawyers who or documents or matters that can answer another lawyer’s questions about law, transactions, regulatory matters, judges, investors, clients, or industries. For much of this century, one product dominated search in large law firms. Why the excitement?

Document management 130

Document management Law firm Software Lawyer 130

InsideLegal

JANUARY 16, 2019

Legalweek 2019 is less than two weeks away. What's in store for Legalweek 2019? MF: In 2019, our attendees will continue to benefit from Legalweek as a week in time, where all disciplines of the business of law gather to exchange ideas and address the future of the legal industry. Let's find out!

Document automation 40

Document automation Analytics Law firm Legal technology 40

Legal Talk Network

JUNE 18, 2021

If you’re a solo/small firm, it’s a fair bet that one of your firms has been a victim of a cyber attack. According to the 2020 ABA Tech Report , 29% of law firms have been hacked. That’s up from 26% in 2019.

Defendant 130

Defendant Lawyer Law firm Law 130

InsideLegal

JANUARY 28, 2019

Here are some Legalweek 2019 'coping' tips which will hopefully have you looking back at the week ahead with enthusiasm not vitriol. Legaltech's timing is unique in that it allows you to kick off the new year with a bang, however it can also make for a brutal week. With the morphing of Legaltech into Legalweek, this is even more so the case.

Legal tech 52

Legal tech Legal tech Law firm Legal technology 52

LawSites

FEBRUARY 8, 2022

After retiring from FMC in 2014, he went on to work with Valorem Law, one of the earliest law firms to focus on making alternative fee arrangements the norm. Valorem became the progenitor of ElevateNext, the law firm affiliate of the global law company Elevate.

Practice management 105

Practice management Law firm Law Law 105

InsideLegal

JANUARY 23, 2019

The 2019 Legaltech Product Innovation Competition is underway with 7 finalists having been named in early January. Erin Hichman , Senior Analyst with ALM Intelligence, is charged with organizing the 2019 innovation competition. We wanted to learn more. how did this come about? how will the judging work?

Legal technology 40

Legal technology Legal technology Judge Analytics 40