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Learn how big tech has changed the legal industry Free Guide The Small Firm’s Guide to Big Tech While any change in how you operate your law office can feel overwhelming, there’s never been a better time to start migrating your office structures online. Automating these tasks not only saves time, but also reduces human error.
With technology developing at an ever-increasing rate and AI working its way into every industry, its never been more important to focus on law firm innovation and technology trends. Read their answers below to set your law firm up for success in 2025 and beyond. Lori Gonzalez, CEO of RayNa Corp , @RaynaCorp 4.
John Scott | Whether or not the client sees billable hours on an invoice, all service-based businesses need to track the time of employees who do client-facing work. The post TimeTracking for Lawyers: Why Every Firm Needs to TrackTime to Stay Profitable appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
Rocket Matter Product Spotlight | Waiting until the end of the week to tracktime could cause you to lose 2550% of your law firm's billable hours. Capture more time with Rocket Matter Track.
Justis, powered by OpenAI’s GPT-4, was able to have a natural conversation with Greg and provide insightful perspectives on the use of generative AI in the legal industry, specifically in law firms. While many law firm leaders recognize its potential, some are unsure of how it fits into legal work or worry about risks.
He worked with major law firms in both countries before moving into the corporate world, where he spent 15 years in various roles, including as head of the legal department for Latin America and later overseeing a global transformation of the legal department at Hewlett Packard. So technology allows most of this to happen.
The post How to Grow Your Law Firm: 10 Strategies for Sustainable Success appeared first on Rocket Matter. Get free e-book If youve been proactively working to grow your law firm , you know firsthand that the road to business success is fraught with challenges. The question is, whats the best way to grow your law firm ?
Its no secret that law school is an intellectually challenging and rigorous experience. Wherever youre at in this journey, setting goals can help you stay focused, motivated, and on track for success. Having goals to work towards will support your progress through school, and serve as stepping stones to a thriving legal career.
Their backstay of tuned-up educational programming was designed to help practitioners run leaner more profitable law firms. This year’s conference featured five tracks to choose from (LegalTechnology, Business of Law, Industry Workshops, Clio University, and Clio University Workshops). Measuring What Matters.
For law firms, streamlined, effective legal billing software is incredibly important. Enter modern legal billing software. It ensures that your firm’s legal billing processes are efficient and accurate by reducing the steps needed to invoice clients and accept online payments. Hurdle 1: Missed Billable Time.
The legal industry is steeped in tradition and established processes. While they will continue to serve lawyers and law firms, modern clients demand innovation. Law firm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow.
In this episode of the LawSites video series How It Works , we get a demonstration of Sage Timeslips , a time-and-billing platform for law firms, legal professionals, and service-based businesses that offers a suite of features to streamline timetracking, invoicing and financial management. Watch the video below.
By Debbie Foster, CEO, Affinity Consulting Group Moving Beyond Billable Hours Law firm profitability is often viewed in simplistic terms: the more billable hours attorneys log, the more profitable the firm becomes. You want to regularly assess the profitability of each practice area by tracking revenue, costs, and utilization rates.
Centerbase , a company that provides a cloud legal practice management platform for mid-sized law firms, today announced the beta launch of native document management, integrated directly within its platform. Learn more about Centerbase at the LawNext LegalTechnology Directory.
Law firm marketing is the practice of attracting new potential clients to your firm. A law firm marketing plan may cover a mix of digital marketing, SEO, blogging, print, and digital ads. It may also include other tactics, such as harnessing technology like Clio Grow to streamline your marketing efforts.
AI is rapidly transforming legal work, with new AI solutions emerging to assist with everything from streamlining document review to optimizing caseload distribution and beyond. Increasingly, AI is giving legal professionals access to new knowledge and capabilities that were unthinkable just a few years ago.
The post Digital Transformation for Law Firms: A Guide to Modernizing Your Practice appeared first on Rocket Matter. Today, better and expedited access to legal services is simply a baseline to meet, not a privilege. The answer is simple: a lack of digital transformation in law firms. What Is Legal Digital Transformation ?
My past Daily Record articles can be accessed here. ** Driving Law Firm Efficiency: Proven Productivity Tips In today’s ever-evolving world, technology has become a key differentiator for lawyers, driving productivity and profitability in a highly competitive market. hours per workday. Bankruptcy matters had the highest WIP (10.9)
During ABA Techshow last week in Chicago, I had the opportunity to sit down for a brief conversation with Jack Newton , founder and CEO of law practice technology company Clio , who provided additional details on some of the company’s recent news. Learn more about Clio Manage and Clio Grow at the LawNext LegalTechnology Directory.
Smokeball is a law practice management software with document assembly capabilities. 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 All such captured time is pending until the user manually finalizes it.
Law specialization has become increasingly common — almost a necessity. . Abraham Lincoln, licensed to practice law in 1837 in Illinois, may be the archetypal general practice attorney. The Lincoln Legal Papers Project identified over 5,600 cases and nearly 100,000 documents related to Lincoln’s law practice.
A Stanford Law School graduate, where he was president of the Stanford Law Review, Heller founded Casetext in 2013 after stints clerking for 1st U.S. Circuit Court of Appeals Judge Michael Boudin and as an associate at law firm Ropes & Gray. Now is not the time for that. You’ve been covering us for a long time.
Sooner or later, every lawyer in solo or small firm practice asks themselves whether they should create a law firm website — or how long they can put it off. Given all the unknowns — cost, scope, disruption — they may wonder whether launching a law firm website is really necessary, especially if they already have a robust digital presence.
Clio , calling itself the world’s leading provider of cloud-based legaltechnology, has announced a new end-to-end solution designed for law firms with personal injury practices. Simon , Founder and Partner at Simon Law Group, a personal injury firm in California.
The CLOC Global Institute , the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legaltechnology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops.
On this episode of How It Works : PracticePanther , a leading cloud-based law practice management software solution that serves tens of thousands of legal professionals in 170 countries. How It Works is a sponsored video series that lets you see how legaltechnology products work. Workflow automations.
A common pain point for law firms is failing to track and invoice all reimbursable client expenses, resulting in losses to firm profits. Launching initially for MyCase, and later in other AffiniPay products, MyCase Smart Spend provides law firms with a LawPay-branded Visa credit card for their attorneys and staff.
With automated evidence gathering, including time-stamped screenshots with server IP information, ImageRights for Law Firms makes the process quick and simple. With automated evidence gathering, including time-stamped screenshots with server IP information, ImageRights for Law Firms makes the process quick and simple.
In this episode of the LawSites video series How It Works , we get a demonstration of Sage Timeslips , a time-and-billing platform for law firms, legal professionals, and service-based businesses that offers a suite of features to streamline timetracking, invoicing and financial management. Watch the video below.
For law firms and corporate legal departments still tethered to Relativity Server, the shift to RelativityOne isnt just a technological upgrade; its a strategic imperative. RelativityOne facilitates seamless collaboration, allowing teams to work together in real-time. Why the Shift? Here’s what to expect: 1.
One of the biggest changes is the introduction of legaltechnology. Law tech helps improve and streamline legal processes, ranging from document automation to artificial intelligence (AI) tools for legal research. In 2023, it’s crucial for big & small law firms to adapt to law tech.
On this episode of the video series How It Works : LollyLaw , a cloud-based, all-in-one case management platform for immigration law firms. LollyLaw helps streamline a firm’s client intake, immigration form completion, document management, calendaring, timetracking, billing, online payments, and reporting.
The law practice management company MyCase has quietly acquired two legaltechnology companies in recent months, without announcing the acquisitions to the public. Around the same time, MyCase acquired Woodpecker , which provides legal document automation software for solo and small law firms.
Law firm profitability fell for the fourth consecutive quarter as firms grappled with a combination of falling demand and surging expenses, according to the Q3 2022 Thomson Reuters Law Firm Financial Index (LFFI) powered by Peer Monitor/Financial Insights. At the same time, firms were also hit hard by rising expenses.
Legal task delegation is a mandatory part of any law firms growthnot an if , but a when. This process is worth adopting and refining in your law firm. Thats why weve broken legal task delegation down into eight simple steps. Delegation for legal teams is more than just assigning extra tasks to whoever is available.
At the heart of this technological revolution lies the cloud—the driving force behind a multitude of transformative legal solutions. Cloud-based legaltechnology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients.
This evolution holds as true for law firms as any other business. To stay competitive, law firms — especially smaller ones — must employ strategic business planning for survival. Learn how your firm can use strategic business planning to embrace emerging technology and stay ahead of the curve. What is a Strategic Business Plan?
At the heart of this technological revolution lies the cloud—the driving force behind a multitude of transformative legal solutions. Cloud-based legaltechnology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients.
More and more law firms are recognizing how important it is to manage themselves like a business to survive in today’s competitive market. Businesses operate with efficiency, strategic planning, and a keen eye on the bottom line — principles that law firms can adopt to enhance their operational effectiveness.
Spread across five days and with some 350 distinct educational opportunities, ILTACON 2023 , the annual conference of the International LegalTechnology Association, is a marathon, not a sprint. She tracked it for herself, she said, and had the same outcome. I cannot say for sure that the app failed to collect all contacts.
For many leaders who participated in this survey, the legal field is at a watershed moment that offers them the chance to reimagine law firm management and to influence a new era of success. And the results are consistent with that view: 90% explained that legaltechnology helps their firms increase revenue.
But how do you measure up when it comes to marketing your law firm on social media? It would be a mistake to overlook social networks when promoting your law firm. According to the American Bar Association’s latest LegalTechnology Survey , 89% of law firms use social media to market their practices.
Thats a slow, tedious process that eats up valuable time and leaves plenty of room for mistakes. Miss a key clause, and you could be dealing with legal headaches down the road. AI scans agreements, flags risks, and suggests edits, so legal teams spend less time reviewing documents and more time closing deals.
Turnaround times drag because data is scattered across multiple platforms. Mistakes happenredact too much and you frustrate regulators, redact too little and you violate privacy laws. De-duplicate files, so youre not reviewing the same email fifteen times. Reduce legal team involvement, freeing them up for higher-value work.
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