Above the Law - Technology

MAY 1, 2023

Alma Asay Asay, a former litigator who founded the litigation management platform Allegory Law, first joined Crowell & Moring two years ago as senior director of practice innovation and client value, as I reported at the time. where she managed operations for its SumTotal business, which Cornerstone acquired from SkillSoft.

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Legal tech Legal tech Litigator Litigation 204

Law Technology Today

AUGUST 1, 2023

In an evolving legal environment with market competition at an all-time high, the technical competence of law firms and legal departments of large organizations have to be top notch. This entails identifying activities that are non-value add, not required, or even those necessary activities that cost too much time and resources.

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Law Technology Today

OCTOBER 2, 2023

Charging for Work While Traveling: Scenario: An attorney travels on business for client A but spends some of the time working on billable tasks for client B during the journey. Time tracking errors or padding: Mistakes in manual time tracking or rounding up billable hours can lead to clients paying for more time than they received.

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Lawyer Time-tracking Billing software Attorney 83

Law Technology Today

SEPTEMBER 1, 2023

Law firms can fulfill these demands with the right legal practice management software. Debit transactions generally entail lower processing fees, a distinction worth noting. This sophisticated software contacts the card issuer, validating the card’s legitimacy and ensuring sufficient available credit or funds.

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Billing software Software Time-tracking Client Intake 84

Law Technology Today

AUGUST 24, 2023

Similarly, if the client paid a retainer that the firm bills against, timely withdrawal of earned fees becomes crucial to avoid commingling firm funds with client funds. Consequences of Commingling Funds Whether intentional or accidental, attorneys found to have commingled funds can face a variety of consequences.

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Law firm Electronic payment Time-tracking Law 81

Law Technology Today

JULY 4, 2023

Having both struggled and sailed through numerous integrations, there are keys for success that outline what is required to seamlessly merge software into a law firm’s existing ecosystem and serve as a guide for the way smart firms should proceed. It’s also important to consider factors such as support, maintenance, and security.

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Time-tracking Software Case management Law firm 82

Law Technology Today

MAY 23, 2023

As a result, many law firms are looking for ways to cut costs, increase billable work opportunities and streamline operations. With artificial intelligence and automation, firms can significantly reduce the number of hours dedicated to time-consuming, repetitive tasks such as document creation and correspondence.

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Time-tracking Machine learning Law firm Legal tech 80

Clio

JANUARY 17, 2024

Regularly engaging with informative, thought-provoking legal blogs is one of the most effective ways to stay on top of industry news, emerging legal trends, innovations in technology, and more. As a lawyer, you have a lot of choices when it comes to law blogs. What you may not have is a lot of time to find the best ones.

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Attorney Intellectual Property Practice management Due diligence 98

Law Technology Today

JULY 17, 2023

Conduct a thoughtful pre-screening To avoid wasting time on clients who are not a good fit for your practice, conduct a thorough pre-screening process. By reducing manual data entry, you save valuable time and minimize the risk of errors. This integration simplifies information input, improves accuracy, and enhances efficiency.

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Client Intake Law firm Time-tracking Law 56

Above and Beyond KM

DECEMBER 28, 2022

So I say no — every time. In addition, there are now a number of artificial intelligence (AI) tools available that can help lawyers analyze legal documents and identify relevant case law. Technology is also being used to improve the efficiency and accuracy of legal billing and time tracking.

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e-discovery Electronic discovery Time-tracking Legal research 52

Law Technology Today

JULY 25, 2023

While we are still years away from seeing these advancements ready for launch, they do introduce a host of possibilities that hold promise and potential for reshaping traditional approaches for CLM and the software that drives them. Several possibilities where this technology can come into play to revamp CLM are presented below.

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Machine learning Contract management Software e-discovery 66

Law Technology Today

APRIL 25, 2023

As we move into a new decade, the legal industry is undergoing a transformative shift with the rise of technology specifically designed for this field. With an array of tools, applications, and software available, this innovative technology is enhancing and streamlining legal operations in ways that were once impossible.

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Legal tech Legal tech Time-tracking Judge 64

Law Technology Today

JULY 14, 2023

With the shift toward digital marketing, legal lead providers have emerged as a vital resource for law firms looking to connect with potential clients. Simply put, law firms realized they could spend more time caring for their clients while an online lead provider routed new leads to them online or live on the phone.

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Time-tracking Law firm Compliance Client Intake 52

Law Technology Today

MARCH 23, 2023

Here are some of the key reasons law firms should invest in technology: Increased Efficiency: Using legal technology to automate tasks that consume much of a lawyer’s time. Cost Savings: While technology investments may require an upfront cost, they can lead to significant cost savings in the long run.

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Legal technology Legal technology e-discovery Lawyer 84