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Law Firm Accounting: Best Practices for Efficiency and Compliance

Centerbase

This article outlines essential accounting practices for law firms, emphasizing compliance with trust accounting rules and strategies for improving financial efficiency. Main Takeaways From This Article: Compliance with trust accounting rules is paramount in legal practice, necessitating strict attention to detail.

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

Most of the startups have also provided a link to a demo video. Demo video: [link] Founded: 5/1/2023, Columbus, Ohio Target customer: Solo, small firm, and legal Aid organizations that are engaged in litigation. See the demo video on responding to written discovery requests.) Outside funding: No outside funding. and Beagle.

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iManage Announces iManage AI, New AI Powered Search Across Its Platform

Above the Law - Technology

I had a demo on Friday and it appeared to be an effective tool for helping legal professionals search their document collections more precisely and find the knowledge assets that most relate to the task at hand. Because I am at ILTACON with a packed schedule, I plan to write more about iManage AI when time allows.

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Meet Clio Duo: Your Firm’s New AI-Powered Partner

Clio

See how Clio Duo works within Clio Manage to extend your work without overextending you: Book your demo today. Clio Duo leverages your data inside of Clios case management platform to improve decision-making, efficiency, caseload visibility, communication, and compliance. Book your demo today to see it in action for your firm!

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Data Retention Made Easy: A Checklist for Legal Teams Using a CLM Like ALOE

Bigfork Tech

From regulatory compliance to risk mitigation and efficient storage management, knowing what to keep, for how long, and when to dispose of it is critical. Track and Report on Retention Compliance Generate reports on document age, retention status, and upcoming review dates. Demonstrate compliance during audits or litigation.

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Roundup Of Legal Tech News from CLOC Institute: with News From Agiloft, Casepoint, ContractPodAI, Evisort, LinkSquares, LiquidText, Ontra, PERSUIT

Above the Law - Technology

Now here are other announcements that have come out of CLOC: Agiloft Partners with Mitratech Agiloft , the contract lifecycle management (CLM) platform announced a new partnership with Mitratech , a global provider of legal, compliance, and HR software. Here is a link to a video demo.

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AI for Contracts: Document Automation Analysis – Revolutionizing Legal Practice

Bigfork Tech

It allows legal professionals to generate documents from templates, ensuring consistency and compliance while significantly reducing the time spent on repetitive tasks. Risk Reduction Through Automated Compliance Checks Compliance is a critical aspect of legal practice, and AI-driven document automation plays a vital role in mitigating risks.