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What is a Legal Tech Platform?

Lawmatics

In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. But it must be the right legal tech. The legal industry contains numerous tech solutions that address a single aspect of legal practice, e.g., document management, timekeeping, or billing.

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Breaking News: LexisNexis To Acquire Contract Drafting Company Henchman

LawSites

LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company. LexisNexis said it is acquiring the company for its document management system that enable faster document drafting.

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The Future of Collaboration: Embracing the Digital Shift in Co-Authoring Legal Documents

Attorney at Work

With the shift toward remote collaboration, we're witnessing a significant shift from the traditional “pen-holder" approach to document management to a more dynamic and collaborative method of co-authoring legal documents.

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How Will Technology Change in the Future for Lawyers?

Lawmatics

With today’s rapid technological advances and increased adoption by legal professionals, the future of legal technology is promising. How has technology changed being a lawyer in the last 15 years? Over the past 15 years, technology has significantly transformed the legal profession.

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Most Law Firms Use Just Five or Fewer Unique Software Products, Smokeball Study Says

LawSites

According to the survey, the most popular are: Legal research, 61%. Document management, 47%. Practice management or case management, 34%. Document automation, 26%. Video conferencing, 61%. Microsoft Office suite, 53%. Accounting, 43%. Payment processing, 36%. Teams or Slack, 29%. Client portal, 25%.

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Leadership, Growth, and Profitability in a Post-Pandemic Era: New Report Focuses on How Modern Law Firms Are Navigating Digital Transformation

LawSites

And the results are consistent with that view: 90% explained that legal technology helps their firms increase revenue. 70% reported that legal technology helps drive the growth of their law firms. 63% work at firms that automate frequently created documents. 40% are automating their repeatable processes.

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What Legal Services Can be Automated?

Lawmatics

What Are the Different Types of Legal Technology? Lawyers utilize various technologies to do their jobs. Here are some common types of legal technology used by lawyers: Online file storage. Document management. eDiscovery tools. Rather, it is a tool to make humans better lawyers.