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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.

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The 10 Legal Tech Trends that Defined 2021

LawSites

As awful as was the year 2020 for so many reasons, my year-end report last year found reasons to be optimistic. The silver lining of 2020,” I wrote, “is that we have been forced to consider changes that were long overdue and then given the opportunity to implement those changes.”. It is as if we are serving time in a legal tech limbo.

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

Traction: We are adding about 25 people a day as registrants, having fully launched in late October 2023, and have begun demos with attorneys. Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. In this way attorneys can always be confident in the results of their work.”

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Courts Disrupted: Pew Study Finds Pandemic Caused Courts to Revolutionize their Operations, But Says More Needs to be Done

LawSites

They supplemented that review with an analysis of court approaches to virtual hearings, e-filing, and digital notarization, focusing on how these tools affected litigants in three of the most common types of civil cases: debt claims, evictions and child support. Unprecedented Adoption of Technology. Improved Participation Rates.

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Machine vs. Human Translation: When to Use Which for Legal Translation

Attorney at Work

The COVID-19 pandemic may have dampened global trade in 2020; however, the World Trade Organization forecast a strong growth recovery in 2021 continuing into 2022. Multilingual E-Discovery . To compound the challenge, corporate attorneys and law firms must now sift through terabytes of electronic data.

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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

I first wrote about Athennian in 2020, when it stepped out of its stealth development mode to announce an $8 million CAD Series A investment, on top of a previously unannounced $2 million CAD seed financing round in 2019. . . Fishman founded Jade in Atlanta in 2020. Justpoint offers tools for both potential clients and attorneys.

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Lawyer Tech Tips: Where Should You Put Technology Dollars in 2022?

Attorney at Work

In 2020 and 2021, your firm may have had to make quite a lot of changes quickly to meet the new remote normal. Are you still using a file server and having people access it with a VPN? Upgrade to Microsoft 365 to get a cloud-based file server, plus updated versions of the Office suite. How about your phone system?

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