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Friday Wrap: Four Notable Legal Tech Deals as Athennian Raises $33M, Nexl Acquires Jade, Proof Raises $7M, and Justpoint Raises $6.9M

LawSites

The company’s software allows legal departments and professional services firms to automate management of subsidiaries and legal entities. Used primarily by paralegals, the software centralizes director, officer, shareholder, tax and other entity data to create a single source of truth. ” Nexl Acquires Jade.

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Legal AI Tools

Lawmatics

Here are the answers to some common questions regarding how AI might impact the legal industry: Q: Will AI replace paralegals? A: AI is not likely to replace paralegals entirely, although it will potentially transform their roles and the way they work.

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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

Not only that, but the specificity in legal management software allows a firm to know how much time is being spent on phone calls vs. research, how many hours are spent on non-billable time, etc., so that a firm can do an autopsy of its workflow and make tweaks to enhance productivity. What is a billable hour (and what isn’t)?

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Maximize Your Billable Hours with These 10 Time Tracking Tips

Rocket Matter

More useful posts: 9 Reasons Why Legal CRM Takes Your Law Firm To The Next Level Top 8 Technologies to Help You Run a Paperless Law Office Why is Online Legal Payment Processing a Must for Your Law Firm Demystifying the Billable Hour: How to Right-Size Your Rates With prices rising so much over the last year (global inflation is forecasted at 8.8%

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Do Lawyers Use CRM?

Lawmatics

CRM insights can help your team understand your potential customers better so you can nurture leads and convert them into clients. Understanding the Role of Legal CRMs A legal CRM is an indispensable tool for law firms to serve their clients best. The post Do Lawyers Use CRM? first appeared on Lawmatics.

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Custom Dashboards: A Revolution in Legal Data Management

Lawmatics

This central hub is how your attorneys will track the progress of their ongoing matters, where paralegals will monitor e-signature requests, and how intake specialists keep your pipeline moving. You’ll see just why Lawmatics is the #1 legal CRM, client intake, and marketing automation platform.

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How to Find the Right Document Management Solution

Rocket Matter

This is especially true in the legal industry, where lawyers, paralegals, and other industry professionals deal with a significant amount of paperwork and documentation. Document management is essential to staying organized and on top of your caseload (without sacrificing billable hours or layering on unnecessary work).