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

Attorney at Work

Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Must law firms keep pace with their clients’ technology efforts? Increasing law practice specialization. According to Gartner Inc., Rising cyberthreats.

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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

AltFee Elevator Pitch: AltFee revolutionizes law firm pricing by offering a foundation for alternative fee structures. This system empowers firms to precisely assess and assign value to projects, vital in a landscape where AI/efficiency gains drastically shorten task timelines. What makes you unique or innovative? and Beagle.

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New LawPay/MyCase Survey Provides Insights Into The Tech That Matters For Smaller Law Firms

LawSites

A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.

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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. Read about Nexl in the LawNext Legal Tech Directory. Proof Raises $7M.

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Pandemic Accelerated Tech’s Importance, But Firms Remain Poorly Prepared for Tech Future, Survey Says

LawSites

Legal professionals agree that the pandemic accelerated the critical role of technology in the future success of their law firms and legal departments, but only a third believe their organizations are well prepared for addressing technology’s increasing importance. Firms Investing in Tech. Organizations Poorly Prepared.

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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.