This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Law practice management company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft. Since acquiring Lawyaw, Clio says, it has invested in expanding the software’s scope and functionality.
Crime predictions generated for the police department in Plainfield, New Jersey, rarely lined up with reported crimes, an analysis by The Markup has found, adding new context to the debate over the efficacy of crime prediction software. 18, 2018 for the Plainfield Police Department (PD).
Articles and Columns for March 2021 The Case for Law Practice Management Software – 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.
Smith has been on this podcast twice before: BYU Law’s Innovative Dean Gordon Smith On His Next Five Years (March 2021). Paradigm , home to the practice management platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks.
So far in 2021, it acquired Clocktimizer in April, which tracks and analyzes law firm billing data; DocsCorp in March , a document productivity company; and Foundation Software in January , expanding into firm intelligence. Litera has had a run of acquisitions over the past two years.
With the goal of simplifying and standardizing those business dealings, the non-profit organization oneNDA developed an open-source NDA that, since its launch in 2021, has been adopted by more than 1,000 companies, including American Express, Google, Novartis and Panasonic. The formally launched version one in August 2021.
AffiniPay , the parent company of law practice management company MyCase , has sold off the legal accounting software Soluno to another law practice management company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets. Last year, it opened a U.S.
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.
Founded in 2001, the company had been bootstrapped until 2021. For RF, this represents its 12th investment in the software sector. It says it plans to continue to expand its software portfolio, including legal technology. Learn more about Nextpoint at the LawNext Legal Technology Directory.
According to a report by Zion Market Research, the global legal billing software market size was valued at approximately USD 849 million in 2020 and is expected to reach approximately USD 1,323 million by 2028, growing at a CAGR of around 5.8% between 2021 and 2028. between 2021 and 2028.
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 in 2020 and is projected to reach $2.79
We discussed Clio’s greater focus on midsized law firms, its impending launch of generative AI, its roll-out of features for legal aid providers, and its rebranding of its Lawyaw document automation software. Clio Duo Coming Soon Remember Clio Duo? .”
Perhaps even more telling, the number who use a cloud-based platform managed in-house doubled in a year, from 10% in 2021 to 24% this year. Those using cloud software were less likely to report having encountered challenges in several key aspects of e-discovery, the survey found. more effectively.”
In 2021, California resident Guillermo Mata sued Digital Recognition Network (“DRN”), a Texas-based, privately owned, automatic license plate recognition and data analytics software provider. The complaint alleges DRN violated California’s Automated License Plate Recognition (“ALPR”) statute.
This groundbreaking concept of systemizing and optimizing a firm’s approach to non-hourly pricing through the use of a purpose-built software tool is an incredibly substantial innovation in the legal pricing space. We run a gender decoder for all new job postings, and we hired international contract software engineers. Anything else?
They were funded by Reveal’s majority shareholder, the software investment firm, K1 Investment Management. ” These acquisitions follow the 2021 merger of Reveal and Brainspace , backed by a $200 million investment by K1. . The transactions are together valued at more than $1 billion, Reveal said.
I list 11, so I’m not sure which one I’m missing: AI contract analysis platform Kira Systems in August 2021. Relationship marketing company Concep in August 2021. Goal-setting software company Objective Manager in July 2021. Clocktimizer in April 2021 , which tracks and analyzes law firm billing data.
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.
Law practice management company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft. The new name reflects a deepened integration of products and services since the acquisition, Clio says.
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.
Dru joined the company in 2021 and right around that time, the company ventured beyond the world of payment software and acquired MyCase , which is law practice management software used by law firms to keep all case details and documents in a single location, keep track of tasks and streamline client communications.
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.
The company, founded in 2021, had previously raised $500,000 in pre-seed funding. Integrates with Case Management Hona integrates with a firm’s case management software, which is where firms can set up the triggers that will notify clients of particular events. It completed a Y Combinator batch in March.
Smokeball is a law practice management software with document assembly capabilities. The passive timekeeper feature available in Smokeball works for internal Smokeball operations, as well as with integrated software, like Microsoft 365. I love the smell of precedent in the morning.)
Around the same time, MyCase acquired Woodpecker , which provides legal document automation software for solo and small law firms. However, PitchBook , a service that tracks private equity deals, shows that MyCase acquired 100% of CASEpeer on March 31, 2021, in a deal backed by Apax. Cofounder Darren Fancher was previously CEO.
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. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Here is a list of top most-downloaded resources of 2021. Clio 2021 Legal Trends Report. 2021 eBook: Running a Lean Law Firm. The Buyer’s Guide to Contract Management Software. So which of those resources were of most interest to readers? This ebook from Rocket Matter is a guide to running a lean law firm.
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.
Dru Armstrong, who became CEO of AffiniPay in July 2021. With degrees in both law and business from the University of Chicago, she was previously CEO of Grace Hill, a company that provides software for owners and operators of real estate properties.
In previous episodes of this podcast, we interviewed students who took part in this program in 2021 and 2022. Paradigm , home to the practice management platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks.
Using tech to defend against (or hopefully avoid) these issues for clients One way that law firms can get a handle on all of this activity is to leverage privacy software that automates the discovery of the online data at the core of these concerns.
Founded: 7/6/2021. Elevator pitch: Akroda is a project management and communication hub that centralizes collaboration, workflows and reporting for legal teams that lack software tools built specifically for legal function. From launch, we closed our first customer in December 2021. Founded: 4/1/2021. Analytica Legalis.
Paradigm , home to the practice management platforms PracticePanther , Bill4Time , MerusCase and LollyLaw ; the e-payments platform Headnote ; and the legal accounting software TrustBooks. Watts has been with the company since before it spun out from LEAP, and says he was employee number one when it expanded to the U.S.
Having never made an acquisition, it recently acquired deposition software company WarRoom. And this week, Nextpoint is holding a virtual user conference, On Point 2021 , where it will lay out its roadmap for the future of the product. . Agiloft , a trusted provider of agile software for contract and commerce lifecycle management.
The legal technology company Litera has acquired Lynch Marks LLC, a California company that is the developer of PS/Ship , a provider of software for management of shipping and invoicing for law firms and professional services firms. I list 11, so I’m not sure which one I’m missing: AI contract analysis platform Kira Systems in August 2021.
In 2020 and 2021, your firm may have had to make quite a lot of changes quickly to meet the new remote normal. Those who shifted to hybrid or online systems in 2020 and 2021 should refine their systems to get to their next level. You’ll be more efficient because you won’t be waiting on software to load or respond. Video tools.
The new requirement, which came about as part of the federal Corporate Transparency Act of 2021, means that many companies will now have to report information about their beneficial owners — the individuals who ultimately control the company.
Related: “8 Legal Practice Areas Growing in 2021 and Beyond” Document automation levels up. Document automation software provides a centralized process of producing agreements, motions, pleading, contracts and other legal documents. Remote work is here to stay. ” More efficient and scalable client engagement tools.
The law practice management company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides case management, immigration forms, and client-relationship management. How It Works: MyCase, Practice Management Software that Enables Law Firms to Run from Anywhere.
Zuva will launch and announce its first product in September 2021. Hg, a global software and services investor, will remain the majority investor in Litera. But he would like to see the product become as ubiquitous as blacklining software, and he believes Litera is the company that is perfectly positioned to make that happen.
The average ransom paid at the beginning of 2021 was $118,000 – by the end of the year, it rose to $322,000. By the end of 2021, the military — as well as both Microsoft and Google — announced that they had joined the fight. Keep software updated and patched. Ransomware now comprises more than 75% of cyberinsurance claims.
In the 2021 survey, repeat business was the most commonly cited definition of success, followed closely by client satisfaction ratings and work/life balance. “The percentage of small firm lawyers who view such websites as major competitors took a significant jump in 2021 and has remained elevated in 2022.
She is a 2021 Fastcase 50 award honoree, was recently named a fellow-elect of the College of Law Practice Management, and serves as the immediate past co-chair of the Indiana University Luddy School of Informatics, Computing, and Engineering Alumni Board.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content