article thumbnail

Law Firm Economics: The Complete Guide

Clio

But there are things that most lawyers can do to boost profits, such as: Legal consultations: Offer paid legal consultations to individuals or businesses seeking advice on legal matters. ALSPs and law firms operate in a complex relationship where they often complement each other rather than compete directly.

article thumbnail

Time to Vote: You Get to Pick the Startup Alley Finalists for ABA TECHSHOW 2022

LawSites

Elevator pitch: Autonomous contracts (self-executing smart contracts). Unlike the existing contract management systems, our platform allows the creation of self-enforceable contracts and auto-reconciliation of other systems of data (ex: financial data) with corresponding contractual data thus plugging up leakage in revenue.

article thumbnail

Time to Vote: You Get to Pick the Startup Alley Finalists for ABA TECHSHOW 2022

LawSites

Elevator pitch: Autonomous contracts (self-executing smart contracts). Unlike the existing contract management systems, our platform allows the creation of self-enforceable contracts and auto-reconciliation of other systems of data (ex: financial data) with corresponding contractual data thus plugging up leakage in revenue.