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

Bigfork Tech

Build in exception handling for contracts with special terms or litigation holds. Demonstrate compliance during audits or litigation. Schedule a demo today] and let us show you how effortless compliance can be. Set Retention Timelines per Document Type Assign default retention periods to each contract category.

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Lawyers Fill Practice Gaps with Software and the State of Legal Tech

Ron Friedmann

A demo presents well. The software includes a traffic light indicator for availability (screenshot below), task allocation, a tendering system, and control dashboards. It embeds a process in software can help solve long-standing allocation problems. Yet few litigators do formal risk analysis. He founded Capacity.

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What Does Legal Software Do?

Lawmatics

Legal software is technology specifically designed to assist legal professionals in managing the various aspects of their work – document management, case management, time tracking, billing, and more. Let’s look at some frequently asked questions about legal software: What are the Types of Legal Software?

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The Importance of Legal Docketing for Law Firms Explained

Clio

As legal professionals know, any missed deadline or event could sink a legal matter—not to mention the legal practice that makes the mistake. This is why legal docketing is top priority for any law firm that wants to succeed and avoid malpractice claims. Ready to streamline your legal docketing process?

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Strategic Law Firm Budgeting: 7 Steps for Stability + Growth

Centerbase

Items such as professional liability insurance, litigation expenses, or regulatory compliance costs can fluctuate, impacting the budget unexpectedly. Leverage legal software and other analytical tools Law firms should invest in advanced legal software with accounting features to track expenditures efficiently.

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Law Firm Billing: Complete Guide & Best Practices for Growth 

Centerbase

This model works well for complex litigation, corporate matters, or cases where the scope of work is difficult to predict in advance. Contingency Fees Under contingency fee arrangements, clients pay only if the firm wins the case, typically as a percentage of the settlement or judgment amount in personal injury or other litigation cases.

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6 Ways to Prove Your Legal Department Adds Value: A Modern Approach

Bigfork Tech

Reporting on governance and compliance highlights the critical aspects of your department’s work beyond contracts and litigation. Litigation. Litigation can showcase both challenges and opportunities. Key points to cover include: · The schedule and amount of outside legal fees. Strategies for risk mitigation. ·