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As a practicing attorney, I benefit every day from legal software designed to streamline the everyday lives of legal professionals. When discussing legal tech as an industry, we often focus on horizontal solutions — research, document management, casemanagement, practice management — that apply to law firms regardless of practice area.
The law practice management company MyCase has quietly acquired two legal technology companies in recent months, without announcing the acquisitions to the public. On March 31, MyCase acquired CASEpeer , a casemanagement platform for plaintiffs’ attorneys. CASEpeer, founded in 2015 and based in Newport Beach, Calif.,
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.”.
The law practice management company Paradigm has acquired LollyLaw , a cloud-based, all-in-one practice management platform designed for immigration law firms. Its cofounders, brothers John Levesque and Todd Levesque , are both joining Paradigm as co-general managers of LollyLaw. So our software helps facilitate that.”. “So
Black has written throughout 2020 about cloud-based legal technology tools and their relevance to legal practices. Whether your law firm has already begun the shift to a cloud-based law practice or is planning to do so in the new year, you’ll undoubtedly find some or all of the software Black has covered over the past year to be useful.
Originally called ASG LegalTech, Paradigm was formed by Alpine SG (ASG), a software platform company backed by Alpine Investors. It began by acquiring Bill4Time in 2017, followed by PracticePanther in 2018, MerusCase in 2019, and Headnote in 2020. billion, making it the first law practice management company to achieve unicorn status.
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.
The law practice management company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides casemanagement, immigration forms, and client-relationship management. As reported here on April 20 , the practice management company Paradigm acquired LollyLaw.
The software that lawyers relied on to run their firms used to be premise-based, but as reported by Nicole L. Black , in 2021 cloud computing software is the most prevalent. In fact, even before the pandemic, lawyers were adopting cloud-based legal software at higher rates than ever before.
Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. million seed round in October 2020. The financing follows the San Diego-based company’s raise of a $2.5
This groundbreaking concept of systemizing and optimizing a firm’s approach to non-hourly pricing through the use of a purpose-built software tool is an incredibly substantial innovation in the legal pricing space. Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms.
Case Status , a mobile client portal and messaging platform with a primary focus on consumer law firms, has raised $5 million in a Series B round, bringing its total funding to over $11 million. . million in seed funding in 2020 and $750,000 in funding in 2019. Learn more about Case Status in the LawNext Legal Technology Directory.
The average law firm attorney spends just 56% of their time practicing law, down from 58% in 2020. Most often to casemanagementsoftware, billing and invoicing software, and practice managementsoftware. 2020 Survey. . 2020 Survey. Keeping up with competition. 2019 Survey.
If queried, most law firms would point to March of 2020 as the point in time that everything changed. Aside from those payment processing fees, there are no additional charges for AbacusNext practice management users who want to activate APX in their software environment. Flex Appeal: Payment Options in Abacus Payment Exchange.
Elevator pitch: Akroda is a project management and communication hub that centralizes collaboration, workflows and reporting for legal teams that lack software tools built specifically for legal function. Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Clause Logic.
billion on warranty claims worldwide, and in 2020, they paid $10.72 The problem iPAT addresses is that case assessment in auto warranty cases remains largely a manual process. “Valuations of cases and decisions of whether to settle, or of how far to take a case, are done on a gut check,” Schmidt explained.
In buying new technology, lawyers cited among their top needs software for casemanagement, legal research and billing and invoicing. 2020 Survey Exclusive: Small Firms Face Significant Challenges, But Fail To Act On Them, Thomson Reuters Survey Finds.
Practice management company MyCase has named Arman Samani , an executive with more than two decades’ experience leading product development and innovation at high-growth SaaS companies, as its chief product and technology officer. In September 2020, MyCase was sold for $193 million to private equity firm Apax Partners.
Since its formal launch in June 2020 , Lexicon has taken a unique approach to providing a solution to lawyers’ practice management needs. With the market for practice managementsoftware already crowded, a key way Lexicon distinguishes itself is by tightly integrating its software with complementary service offerings.
I first wrote about XIRA in November 2020, not long after it launched with the dual goals of making it easier for clients to find the right lawyer and providing lawyers with free practice managementsoftware to help reduce their cost of providing legal services. ”
Since its formal launch in June 2020 , Lexicon has taken a unique approach to providing a solution to lawyers’ practice management needs. With the market for practice managementsoftware already crowded, a key way Lexicon distinguishes itself is by tightly integrating its software with complementary service offerings.
billion on warranty claims worldwide, and in 2020, they paid $10.72 The problem iPAT addresses is that case assessment in auto warranty cases remains largely a manual process. “Valuations of cases and decisions of whether to settle, or of how far to take a case, are done on a gut check,” Schmidt explained.
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.
Lawmatics , a company whose platform provides client relationship management (CRM), client intake and marketing automation for attorneys, has closed a $10 million Series A financing round, it is announcing today. million seed round in October 2020. The financing follows the San Diego-based company’s raise of a $2.5
Of course, there are other collaboration software tools available. ClickUp moves beyond project management to include team messaging (like Slack ) and document storage (like Baseca mp 3 ). She was Co-Chair of the 2020 ABA TECHSHOW Planning Board. Managing to-do lists. Tracking lawsuits.
It requires juggling casemanagement, practice growth, and financial management, often all in a single day. That number is down significantly since 2020, as many small firms have implemented effective strategies. Choose a basic package or bundle with casemanagement or billing tools for even greater efficiency.
In this blog, well tell you all you need to know about how to better manage a law firm productively for a flourishing practice. Read Also – Key Benefits of Legal CaseManagement System 1. It is important to consider certain factors when picking the appropriate software for your company.
In early 2020, the COVID-19 pandemic disrupted every aspect of our lives. Technology Infrastructure To make remote work successful, law firms need to invest in appropriate technology infrastructure, including cloud-based storage, robust casemanagement systems, and appropriate cybersecurity solutions.
Elevator pitch: Akroda is a project management and communication hub that centralizes collaboration, workflows and reporting for legal teams that lack software tools built specifically for legal function. Traction: We have 30+ solo and small law firm subscriptions since coming out of a soft launch in December 2020. Clearbrief.
In buying new technology, lawyers cited among their top needs software for casemanagement, legal research and billing and invoicing. LawSites Coverage of Past years of the survey: 2022 Survey 2020 Survey 2019 Survey 2017 Survey 2016 Survey The next most common change among small firms was to adopt new technology.
Compressing PDFs for court systems You can compress PDFs to ensure they’re accepted by court casemanagementsoftware without a hitch. In this guide, we’ll show you five simple ways to reduce the size of a PDF using different software. That’s up from 155 in 2020.
He was the Chair of the Corporate Counsel Section from 2020 - 2022, currently serves as the Chair of the Section’s Technology Committee and was the 2012-2013 Chair of the State Bar of Texas Computer & Technology Section. Nolo had developed software akin to what most of us think of today with TurboTax, LegalZoom and RocketLawyer today.
This groundbreaking concept of systemizing and optimizing a firm’s approach to non-hourly pricing through the use of a purpose-built software tool is an incredibly substantial innovation in the legal pricing space. Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms.
Sponsored by Clio – the #1 legal software for clients, cases, billing and more! Sponsored by Clio: Clio is a legal casemanagementsoftware that work in partnership with the Law Society of England and Wales and is an approved supplier of the Law Society of Scotland. Have any questions? Thanks for listening!
Sponsored by Clio – the #1 legal software for clients, cases, billing and more! Sponsored by Clio: Clio is a legal casemanagementsoftware that work in partnership with the Law Society of England and Wales and is an approved supplier of the Law Society of Scotland. Have any questions? Thanks for listening!
For somewhat of a time capsule of the past decade in legal technology, see my prior years’ lists of my most-popular posts: 2020 , 2019 , 2018 , 2017 , 2016 , 2015 , 2014 , 2013 , 2012 , 2011 , 2010 ). 20 For 2020: The Legal Tech Trends that Defined the Year (Dec. 20 For 2020: The Legal Tech Trends that Defined the Year (Dec.
For somewhat of a time capsule of the past decade in legal technology, see my prior years’ lists of my most-popular posts: 2020 , 2019 , 2018 , 2017 , 2016 , 2015 , 2014 , 2013 , 2012 , 2011 , 2010 ). 20 For 2020: The Legal Tech Trends that Defined the Year (Dec. 20 For 2020: The Legal Tech Trends that Defined the Year (Dec.
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