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Legal tech and innovation: 3 ways AI supports the evolution of legal ops

Simple Legal

Gartner predicted that spending on legal software would triple from 2021 to 2025, and venture capital investments in these tools reached a new high of over $1 billion in 2022. Streamlined document management Better legal knowledge management starts with storing files in one centralized legal document management system.

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The Tax Season Survival Guide for Law Firms

Lawmatics

In addition, the tax practitioners they work with must understand the specific accounting and tax concerns that lawyers and law firms have. “ “ Today, it takes more brains and effort to make out the income tax form than it does to make the income. ” — Alfred E. IRS Form 1065. IRS Form 1120.