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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. Increasing law practice specialization. A growing number of practice management software providers now offer native e-payment capabilities.

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Guest Post: Innovative Advancements: How Plaintiff Attorneys Use Technology and Work Processes Differently

TechLaw Crossroads

In the Bloomberg Law 2022 Legal Ops and Tech Survey , 86% of the survey participants agreed that legal tech significantly impacts their firm’s ability to meet client demands. It provides user-friendly search options and integration with legal practice management software.

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Remote vs. Hybrid vs. Back to the Office: Law Firm Edition

Martindale-Avvo

The American Bar Association surveyed lawyers in 2022, with 44% of respondents who have practiced law for ten years or less indicating they’d be willing to leave their current positions for ones that offered more remote work. For example, you can offer clients the option of in-person or virtual meetings for convenience.

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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. Meanwhile, the utilization rates of smaller firms have remained relatively steady over time. Where does the data come from? census statistics.

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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. Meanwhile, the utilization rates of smaller firms have remained relatively steady over time. Where does the data come from? census statistics.

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Guest Post: Innovative Advancements: How Plaintiff Attorneys Use Technology and Work Processes Differently

Legal Tech Monitor

In the Bloomberg Law 2022 Legal Ops and Tech Survey , 86% of the survey participants agreed that legal tech significantly impacts their firm’s ability to meet client demands. It provides user-friendly search options and integration with legal practice management software.