Remove 2022 Remove Electronic payment Remove Virtual Meeting
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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

Trends to Watch in 2022. We are seeing several trends in the practice of law and coinciding legal technology currents that will impact law firms in 2022. Legal tech meets fintech. In addition to bill payments, we are seeing significant growth in automated payments adoption by law firms, and it’s often client-driven.

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Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022. They are also less likely to use video conferencing, electronic payments , e-signatures , and cloud-based data storage.

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Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022. They are also less likely to use video conferencing, electronic payments , e-signatures , and cloud-based data storage.