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Our practicemanagement and technology experts have some tips. Blackford (@SheilaBlackford) has been a PracticeManagement Attorney for the Oregon State Bar Professional Liability Fund since 2005. The audience is encouraged to contact the lawoffice for further information or assistance.
While much of the conversation on AI in law centers around its impact on litigation, its role in transforming transactional legal work is just as significant. From contract drafting to duediligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently. Book a Clio Duo demo today!
This might include, but definitely isn’t limited to: Researching or performing duediligence for a client’s matter Correspondences or meetings related to a case Drafting briefs Filing paperwork Court appearances On the other hand, a great deal of legal work falls into the non-billable hour camp.
Performing duediligence on a client matter. Not only do industry-agnostic CRMs lack the customizations needed by law firms, but they often don't integrate with critical tools like lawpracticemanagement software. Some things you don’t want to rush. Tax preparation. You've got enough on your plate already.
Artificial Intelligence (AI) in Legal Practice : Artificial Intelligence has made significant strides in the legal sector, presenting new opportunities and challenges. AI-powered applications can perform tasks such as contract analysis, duediligence, and legal research with remarkable speed and accuracy.
For example, some law firms automate the document review process to allow lawyers to avoid manually searching through emails. Manual processes, like duediligence reviews or wet signatures, usually capture no data - making it hard to integrate them with something else. Here are some potential legal document management solutions.
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