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The 10 Legal Tech Trends that Defined 2021

LawSites

It is as if we are serving time in a legal tech limbo. Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. After all, it was a good year for the legal tech industry. But in 2021, progress felt slower, as if we were mired in malaise.

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Nominations Open for 2021 American Legal Technology Awards

LawSites

Awards will be given in eight categories: access to justice, court, enterprise, individual, technology, law department, law firm, and startup. Deadline for nominations is Aug. Self-nominations are welcome. Finalists will be announced in October, and winners announced Nov.

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Maximize Your Time and Effort with CaseFox: The Ultimate Legal Billing Software

CaseFox

The global legal billing software market size was valued at $1.23 from 2021 to 2028. As a legal professional, managing your billing process can be a daunting task, and without a proper law firm billing software, it can take up a significant amount of your time and effort. billion by 2028, growing at a CAGR of 10.6%

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Paradigm, Parent to Three Practice Management Platforms, Acquired By Francisco Partners

LawSites

Originally called ASG LegalTech, Paradigm was formed by Alpine SG (ASG), a software platform company backed by Alpine Investors. “We are thrilled to announce this growth investment from Francisco Partners, which validates Paradigm’s strong position in the legal software ecosystem,” said Soumya Nettimi , CEO of Paradigm.

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The Case for Law Practice Management Software

LLRX

The software that lawyers relied on to run their firms used to be premise-based, but as reported by Nicole L. Black , in 2021 cloud computing software is the most prevalent. In fact, even before the pandemic, lawyers were adopting cloud-based legal software at higher rates than ever before.

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Intapp, Tech Provider to Legal and Financial Firms, Files Papers for IPO

LawSites

Last October, Intapp made news when it announced that it would no longer support on-premises technology and shift entire to the cloud, a move I described as “another nail in the coffin of on-premises legal software.” Its total revenues for 2020 were $186.9 million, an increase of 10% over the same period for 2020.

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Five Legal Technology Trends of Note From the TechnoLawyer Top Products Awards of 2021

Attorney at Work

For example, Attorney at Work’s Top 20 Articles of 2021 captures the zeitgeist of what’s on the minds of small law firms. Yesterday at TechnoLawyer, we published our annual awards, aptly titled TechnoLawyer Top 10 Products of 2021. This may explain why DocMoto from CHL Software won a TechnoLawyer Top Product Award.