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You probably didn’t learn the basics of running a lawfirm in law school. But even if it’s a side of legal practice clients never see, taking care of the business side of the firm frees you up to give your all to client advocacy. Start With a Budget The business of running a lawfirm comes down to the numbers.
If you’re feeling like a software transition is not in the cards for your lawfirm, you might have a better hand than you think. The post Yes, You Can Convert To A New CaseManagement Software appeared first on Above the Law.
Joshua Lenon of Clio and Christopher Lafferty of Caret talk over casemanagement software's role in today's lawfirm operations. The post The Most Significant Updates In The CaseManagement Sphere appeared first on Above the Law.
The valuation process for any type of business can be daunting, but lawfirms pose unique challenges. Nonetheless, you will need to understand lawfirm valuation if you want to sell your practice, or if you want to acquire another firm. What is lawfirm valuation? Why is lawfirm valuation important?
Many lawyers today are not adequately prepared to tackle the challenges they face when it comes to lawfirm optimization, especially with the limited focus that law schools place on the business of law. So, what’s the key to optimizing your lawfirm? Data-driven strategies.
The post LawFirmManagement: Key Insights and Strategies for Success appeared first on Rocket Matter. Get free e-book Legal brilliance alone doesn't guarantee the success of a lawfirm. Running a thriving practice requires a strong foundation in lawfirmmanagement.
Artificial intelligence (AI) has been a buzzword in the legal industry for years, but many lawfirms and litigation teams are still in the early stages of evaluating its pra By Beau Wysong, Opus 2.
AI in Litigation and CaseManagement: Transforming the Legal Landscape Technology is in every aspect of our lives; the legal field is no exception. The integration of artificial intelligence (AI) into litigation and casemanagement is revolutionizing how legal professionals operate.
Clarra announces the launch of its flagship product, a legal casemanagement SaaS application optimized for docket-driven litigation. The cloud-based solution provides an intuitive, seamless platform designed to help lawfirms simplify the management of the litigation lifecycle.
While the hype around artificial intelligence (AI) for legal has been present for years, many lawfirms and litigation departments are still in the early stages of assessing, adopting, and implementing AI solutions. As legal teams explore ways to incorporate AI, approaches and results vary.
Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. Rocket Matter allows firms to tailor workflows according to practice areas.
While they will continue to serve lawyers and lawfirms, modern clients demand innovation. Lawfirm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow. Staying Ahead: Why Innovation Is Crucial for LawFirms There were over 1.33
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a lawfirm website — or how long they can put it off. Maybe you have started by claiming a free Google business profile for your lawfirm and using social media to connect with potential clients.
London-based alternative business structure Conexus Law has become the second publicly-announced UK lawfirm to select Tessaract’s SaaS practice and casemanagement system, we can reveal.
Multinational lawfirm Pinsent Masons has rolled out Peppermint’s CaseManagement solution within its big ticket and mass litigation team, with the UK-headquartered firm actively looking at further use cases, … Pinsent Masons deploys Peppermint CaseManagement for big ticket and mass litigation, with further adoption planned Read More » (..)
The post Digital Transformation for LawFirms: A Guide to Modernizing Your Practice appeared first on Rocket Matter. But if this is the case for what clients require, then why are there still too many lawfirms buried in the unnecessary abundance of physical paperwork? What Is Legal Digital Transformation ?
This is why legal docketing is top priority for any lawfirm that wants to succeed and avoid malpractice claims. Book a demo of Clio Manage’s Court Rules feature and automate court deadline reminders with ease! The process of legal docketing has evolved to cater to the more specific needs of different fields of law.
Smokeball is a law practice management software with document assembly capabilities. Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I I love the smell of precedent in the morning.)
In a unique partnership between a lawfirm and a legal technology company, the immigration firm Siskind Susser and its technology affiliate Visalaw.Ai In a unique partnership between a lawfirm and a legal technology company, the immigration firm Siskind Susser and its technology affiliate Visalaw.Ai
For lawfirms, streamlined, effective legal billing software is incredibly important. It ensures that your firm’s legal billing processes are efficient and accurate by reducing the steps needed to invoice clients and accept online payments. Enter modern legal billing software. Hurdle 1: Missed Billable Time.
Lawfirms can take action by encouraging women in leadership, offering mentorship programs, and ensuring equal opportunities for career growth. By adopting fair policies and promoting a culture of support, firms can help build a legal industry where women feel valued and empowered. You must support all the female employees.
The post How Much Does It Cost to Start a LawFirm? Learn how big tech has changed the legal industry Free Guide The Small Firms Guide to Big Tech While any change in how you operate your law office can feel overwhelming, theres never been a better time to start migrating your office structures online.
To enhance litigation and deliver exceptional client value Opus 2, a global legal software and services provider, is pleased to announce their continued partnership with Allen & Gledhill, one of the largest lawfirms in Asia, as they expand their use of Opus 2 Cases to further streamline casemanagement and deliver unparalleled value to clients. (..)
The post Next Level Strategy: How LawFirms Should be Using Google Ads appeared first on Rocket Matter. If you run a law practice and need qualified leads who are eager to find your firm, Google Ads is a great way to start. Are Google Ads right for your lawfirm?
This year, the first-place winner was Universal Migrator , a tool for transferring lawfirm data from one practice management application to another. Winning third place was Fidu , a practice management platform specifically designed to support lawyers providing legal services on a subscription basis.
Virtual lawfirm status has worked out so well for some firms, they’re making the switch permanent. While firms are announcing their back-to-the-office plans, you may be wondering if it is possible to move your law office to a virtual setting permanently. Virtual Firms Aren’t Always 100% Remote.
Powered by generative AI technology, Clio Duo streamlines everything from casemanagement to document reviews, helping firms operate at peak efficiency. Clio Duo is a legal AI tool powered by the latest Microsoft Azure OpenAI GPT-4 technology that works inside Clio Manage to amplify the way legal professionals work.
Imagine a world where lawfirm clients add your services to their shopping carts as easily as a new pair of shoes. As more industries embrace online automation, the question whispered around the water cooler is: Will lawfirms follow suit? But, to date, the legal industry largely remains untouched.
However, lawfirms have unique goals, workflows, and technology setups, so AI adoption isnt a one-size-fits-all solution. The AI adoption curve in the legal industry outlines the different stages lawfirms go through when adopting artificial intelligence. Many firms want to embrace AI but arent sure where to start.
In this blog post, we will explore key considerations and actions that lawfirms and legal professionals should take to pave the way for a successful and prosperous New Year. As a new year approaches, it is useful to evaluate your firm’s current technology infrastructure and identify opportunities for improvement.
With technology developing at an ever-increasing rate and AI working its way into every industry, its never been more important to focus on lawfirm innovation and technology trends. Read their answers below to set your lawfirm up for success in 2025 and beyond. What will it take to be a successful lawyer in 2025?
With LollyLaw, an all-in-one casemanagement platform specifically designed with immigration practitioners in mind, you and your firm can revolutionize the immigration process from start to finish. The all-in-one casemanagement platform for immigration attorneys. Getting paid doesn’t have to be a challenge.
I talk to a lot of lawfirms about the “Rule of Thirds.” ” Basically, you divide your revenue into thirds for people, lawfirm overhead and profit. But people often ask me, “What exactly is in lawfirm overhead?”. But people often ask me, “What exactly is in lawfirm overhead?”.
The majority of lawfirms use just five or fewer unique software products, according to a legal industry study published today by the law practice management company Smokeball. Practice management or casemanagement, 34%. Reputation management, 10%. Teams or Slack, 29%. Client portal, 25%.
In a crowded legal market, personal injury (PI) lawfirms need a strong online presence to ensure they stand out and connect with their potential clients. Search engine optimization (SEO) is an incredibly effective way to ensure your PI firm is visible to people searching for legal help after an accident or injury.
All different types of organizations store data, including lawfirms. Lawfirms handle confidential and sensitive client data. This makes lawfirms prone to data breaches. As cyber threats are increasing, lawfirm data security is becoming crucial for lawyers and clients.
How have lawfirms supported their clients during the COVID-19 pandemic? A dozen business development professionals talk about the innovative ways their firms have strengthened relationships and created deeper ties. And lawfirms that resist the impetus for change will risk failure. Anticipating Changing Needs.
Leverage AI agents to automate client intake, document management, and communication, allowing legal teams to focus on what matters most. In a lawfirm, one of the most time-consuming and resource-intensive tasks is client engagement—gathering client information, obtaining case facts, and organizing supporting documents.
Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for lawfirms. If queried, most lawfirms would point to March of 2020 as the point in time that everything changed. Balance Forward: Introducing Abacus Payment Exchange (APX).
In what is clearly a major milestone for Milestones , a legal tech company whose product provides lawfirm clients with automatic updates on their cases, it has closed a $2.1 The company works with the firm for the initial setup of the triggers. Read more about Milestones/Hona in the LawNext Legal Technology Directory.
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