This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Siskind said that the product is “the best approach we’ve seen” to using generative AI for documentautomation, because it gives the professionals in his firm a high degree of control over creating prompts and producing “consistently good complex documents.”
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
If so, then the two most important tools in a law practice may just be the calendar and the documentmanagement system. Through the calendar, the lawyer manages time, and through documents the lawyer dispenses and memorializes advice. The calendar of deadlines is available directly within NetDocuments.
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. Documentmanagement, 47%. Practice management or case management, 34%. Documentautomation, 26%.
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 Smokeball was founded in 2010 and has been adding useful features for lawfirms ever since. I love the smell of precedent in the morning.)
A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller lawfirms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.
For many leaders who participated in this survey, the legal field is at a watershed moment that offers them the chance to reimagine lawfirmmanagement and to influence a new era of success. And the results are consistent with that view: 90% explained that legal technology helps their firms increase revenue.
With the shift toward remote collaboration, we're witnessing a significant shift from the traditional “pen-holder" approach to documentmanagement to a more dynamic and collaborative method of co-authoring legal documents.
With Clio Duo , you can get quick insights, delegate task creation and time entries, and even extract data from existing documents. Harvey is an AI built for Fortune 500, service providers, and lawfirms. Harvey can accelerate research efforts, securely house documents, run risk assessments, and help with drafts.
Just as installing a high-tech engine on a car with flat tires wont get you far (and probably isnt the safest choice), simply adding AI to outdated systems wont drive sustainable success for your lawfirm. A strong foundation will enable your firm to maximize the benefits of AI technology. Ready to get started?
If youre spending too much time reviewing contracts, chasing signatures, or keeping track of deadlines, automation can handle those processes for youso you can focus on actual legal work instead of admin headaches. And its not just for big lawfirms. Simplifies document tracking with a built-in audit trail.
Last week, Documate , the no-code documentautomation platform, rebranded as Gavel , a move designed to better reflect the company’s mission to become the platform of choice for legal professionals and legal organizations wanting to “productize” the delivery of legal services by packaging services as online legal products.
Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering lawfirms a comprehensive platform with everything they need to manage their administrative sides.
Improve your time management strategy with these 5 tips To improve your time management strategy—and prioritize your tasks correctly—you need to see the big picture for your lawfirm: upcoming projects, client needs, lawfirm goals, and more. Move forward with Rocket Matter.
The first step is adopting the mindset that your lawfirm is a business. In the absence of a systematic intake process, a lawfirm quickly becomes chaotic. A recent survey showed that 42% of the time, lawfirms take an average of three or more days to get back to a message from a new client. About Lawmatics.
Siskind said that the product is “the best approach we’ve seen” to using generative AI for documentautomation, because it gives the professionals in his firm a high degree of control over creating prompts and producing “consistently good complex documents.” It will be released for general availability in the fall.
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. Documentmanagement, 47%. Practice management or case management, 34%. Documentautomation, 26%.
DocumentAutomationDocumentautomation makes creating legal documents like contracts, NDAs, and settlement agreements faster and easier. Its a lifesaver for lawfirms or teams dealing with tons of paperwork. AI Contract Review AI contract review makes managing contracts a lot simpler.
This is a question many people practicing law strive to answer. The truth is, lawfirmautomation can significantly reduce the time lawyers spend on non-billable work. In fact, McKinsey Global estimates that 23% of a lawyer’s job can be automated with existing technology.
LexisNexis said it is acquiring the company for its documentmanagement system that enable faster document drafting. It say its technology enriches a lawfirm’s internal work product, creating a layer of intelligence on […]
For many leaders who participated in this survey, the legal field is at a watershed moment that offers them the chance to reimagine lawfirmmanagement and to influence a new era of success. And the results are consistent with that view: 90% explained that legal technology helps their firms increase revenue.
If a lawfirm is unable even to decide whether its staff should return to the office, or when that return should happen, or how to structure that return, then how can that firm implement lasting and innovative changes in its technology infrastructure and systems? This is not to say that 2021 was without innovation. Lee Partners.
With advanced security measures and useful integrations with other popular business tools, the right e-signature app can help lawyers streamline the document signing process, saving lawfirms—and clients—time and effort. If that sounds like your firm, don’t worry—we’ve got you covered. What is an e-signature app?
In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. The legal industry contains numerous tech solutions that address a single aspect of legal practice, e.g., documentmanagement, timekeeping, or billing. But it must be the right legal tech. Client intake.
The occasion of this interview was the company’s 20th anniversary, and we recorded it live, on the exhibit hall floor, at the annual conference of the American Association of Law Libraries. They also recall some of their greatest successes and worst mistakes over the years as founders, and offer their predictions for the future of Fastcase.
News today of Soluno’s acquisition comes after this blog broke the news in July that MyCase had acquired CASEpeer , a case management platform for plaintiffs’ attorneys, and Woodpecker , which provides legal documentautomation software for solo and small lawfirms. ” MyCase Drive and Accounting.
News today of Soluno’s acquisition comes after this blog broke the news in July that MyCase had acquired CASEpeer , a case management platform for plaintiffs’ attorneys, and Woodpecker , which provides legal documentautomation software for solo and small lawfirms. ” MyCase Drive and Accounting.
One way is through lawfirmautomation. What Does Automation Mean in Law? Automation involves the creation of computer software and automated systems that can complete repeatable processes and reduce the need for human intervention. Document execution. Billing management.
Here are some major ways technology has changed being a lawyer: Documentmanagement: The shift from paper-based to digital documentmanagement systems has improved efficiency in organizing, storing, and retrieving legal documents. Legal professionals deal with vast amounts of information, documents, and data.
Last November, the documentmanagement company NetDocuments acquired Afterpattern , a no-code toolkit that lawfirms and legal teams can use to build apps and automate legal documents and workflows, promising at the time that it would be natively integrated into the NetDocuments platform.
But when used responsibly, AI has the power to transform workflows in any type of business, especially lawfirms that want to maximize their productivity and billable hours. On your quest for the right payment processor, look for features that streamline and support the way lawfirms operate. Download free guide 2.
The occasion of this interview was the company’s 20th anniversary, and we recorded it live, on the exhibit hall floor, at the annual conference of the American Association of Law Libraries. They also recall some of their greatest successes and worst mistakes over the years as founders, and offer their predictions for the future of Fastcase.
While ChatGPT and other “consumer grade” generative AI tools fail to meet the needs of legal users, AI still plays a powerful time-saving role in lawfirm workflows. Scott Kelly, senior manager at NetDocuments, spoke with Zack about PatternBuilder MAX, NetDocuments’ first product in its ndMAX suite of generative AI tools.
We currently use this to offer lead generation services to lawfirms, but we love the potential for other use cases. We’re on a mission to help lawfirms of every size improve efficiency by continuously developing innovative features that eliminate busy work to free up time & resources.
Fortunately, new technologies are increasingly user-friendly and it’s easier than ever to implement new software tools into your lawfirm. The survey data indicated that 80% of the legal professionals reported that their firms now use cloud-based legal software, and 47% invested in cloud-based remote working tools within the past year.
LTH Premium is a subscription site for lawfirms and corporate legal departments. Vendor analysis in the form of a maturity quadrant for each category on the site and deep reports on solutions in each premium category are in development and will be released beginning next month.
But if you own a solo lawfirm, the reality is you do have to do it all, and you’re often doing it alone. And for most solo practitioners, that’s the whole point. While cloud-based computing programs like Outlook and Google Drive make working from home or the beach easier for everyone, they aren’t designed for lawfirms.
However, certain clients won’t be the right fit for your firm, and it can be difficult to weed these leads out before you’ve already spent valuable hours on them. That’s why so many lawfirms implement CRM software to improve the client intake process. Documentmanagement tools are crucial to criminal defense firms.
If so, then the two most important tools in a law practice may just be the calendar and the documentmanagement system. Through the calendar, the lawyer manages time, and through documents the lawyer dispenses and memorializes advice. The calendar of deadlines is available directly within NetDocuments.
But even if you kind of know what that means, do you actually understand what automation does? Probably not. Marketing buzzwords aside, automation is incredibly valuable for lawfirms when it’s used the right way. So let’s jettison the overused jargon and talk about the real, tangible ways that automation can benefit lawfirms.
For lawfirms, manual administrative tasks are a big blow for billable hours and potential profit. Manual admin tasks don’t just cut directly into billable hours. With automation, after a one-time setup, your software would complete these tasks for you on an ongoing basis.
In this episode of The Geek in Review, hosts Greg Lambert and Marlene Gebauer interview three guests from UK lawfirm Travers Smith about their work on AI: Chief Technology Officer Oliver Bethel , Director of Legal Technology Sean Curran , and AI Manager Sam Lansley.
The occasion of this interview was the company’s 20th anniversary, and we recorded it live, on the exhibit hall floor, at the annual conference of the American Association of Law Libraries. They also recall some of their greatest successes and worst mistakes over the years as founders, and offer their predictions for the future of Fastcase.
Today, more than ever, lawfirms face increased pressure to adapt and modernize to stay competitive due to the amount of tools out there that are making it easier for lawyers to reach more clients. Are you using different tools for billing, case management, payments, documentautomation, reporting, calendaring, etc.?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content