This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
Paradigm — the parent company to practicemanagement platforms PracticePanther , Bill4Time and MerusCase and payments platform Headnote — is being acquired by Francisco Partners , a major investment firm that specializes in investments in technology businesses. Hot Market for PracticeManagement.
AffiniPay , the parent company of lawpracticemanagement company MyCase , has sold off the legal accounting software Soluno to another lawpracticemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
Smokeball is a lawpracticemanagement software with document assembly capabilities. Smokeball has an unusual name, to be sure; but, it actually comes from a famous legal case , which just about every substantive law-loving attorney can appreciate. (I I love the smell of precedent in the morning.)
The lawpracticemanagement company MyCase said today that it has acquired Docketwise , a software platform for immigration attorneys that provides case management, immigration forms, and client-relationship management. As reported here on April 20 , the practicemanagement company Paradigm acquired LollyLaw.
It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a lawfirm and a technology company. Then, in 2021, he was sentenced to seven years in prison on charges related to the fraud and forgeries I’d written about in 2016. LexisNexis FirmManager.
If there has been one constant about the qualifications to own an American lawfirm, it has been this–you must be a lawyer. jurisdictions for decades has been that non-lawyers cannot own lawfirms. Whether or not you are an attorney, running a lawfirm is a huge challenge, but the right software can help.
In what is clearly a major milestone for Milestones , a legal tech company whose product provides lawfirm clients with automatic updates on their cases, it has closed a $2.1 The company, founded in 2021, had previously raised $500,000 in pre-seed funding.
.” That “what’s next” spans a range of topics, from rethinking legal education to innovating legal practice, from developing new technology to driving greater diversity. These are among the topics that listeners found most interesting during 2021, based on their downloads of LawNext episodes. Valuation.
We discussed Clio’s greater focus on midsized lawfirms, its impending launch of generative AI, its roll-out of features for legal aid providers, and its rebranding of its Lawyaw document automation software. That’s the superpower we have,” he said.
The legal technology company Litera today announced the winners of The Changing Lawyer awards for 2021, which recognize individuals, firms, and companies in the legal industry for their role in embracing and driving change through new technology, service models, or behavior across five different categories. LawFirm of the Year.
It’s also an important metric for lawfirm owners to track —especially if you want to grow your firm and improve your profitability. But how do you know if your lawfirm’s revenue is enough to grow and scale your business? And how does your firm’s revenue stack up against the average lawfirm revenue?
Their flagship product is LawPay used by lawfirms to bill clients and accept payments. She studied law at the University of Chicago, but after a couple of gigs with lawfirms, she figured out that maybe the law wasn’t for her. AffiniPay is historically a fintech company with a big presence in legal.
former computer programmer and litigator, she is now associate dean of technology and innovation and professor of law at North Carolina Central University School of Law, where her research focuses on legal pedagogy, the use of technology in legal education, and law and technology.
You can also check out the most popular LawNext episodes of 2022 , of 2021 , of 2020 and of 2019. As ALSP Axiom Opens A LawFirm in Arizona, Its Chief Strategy and Legal Officer Catherine Kemnitz Shares Details. Documate Founder Dorna Moini on Rebranding As Gavel and How LawFirms Can Productize their Legal Services.
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 lawfirms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%.
MyCase , the cloud-based practicemanagement platform, and Smith.ai , a virtual receptionist service for lawfirms and other businesses, have created an integration by which MyCase customers will be able to outsource call answering while viewing and tracking call logs directly within MyCase. 9, 2021. . account.
Lawfirms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. Increasing lawpractice specialization.
AltFee Elevator Pitch: AltFee revolutionizes lawfirm 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. We have small and midsize lawfirm customers.
In 2013, when Florida lawyer TJ Fraser set out to find a lawpracticemanagement solution for his firm, he tested just about every product on the market, he says, but he could not find one that solved the problems he encountered in his day-to-day practice.
At its annual Clio Cloud Conference in Nashville today, the lawpracticemanagement company Clio introduced an array of major new products and product updates, calling the series of announcements its most expansive product update ever in its 15-year history. (I
Paradigm , the parent company to four legal practicemanagement and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today announced the expansion of its leadership team with the hiring of two executives, one who will oversee product management and the other marketing.
based Intapp , a major provider of cloud-based business applications for larger lawfirms and financial services firms, filed papers Friday with the U.S. In 2015, AppFolio, which then owned practicemanagement platform MyCase, went through an IPO , but its primary products were not in legal, but in property management.
Not surprisingly, the pandemic drove greater use of electronic payments across all industries, with the volume of electronic payments up 11.2 % in the first quarter of 2021 over the prior year. Notably, for lawfirms that adopted e-payments and offered clients the ability to pay online, the benefits were tangible, the report finds.
In 2021 there was talk of the great resignation among lawfirms. But even if 2021 marked what appeared to be a turning point for lawyer tenure, the reality is that attorneys have always shifted lawfirms. Associate attrition had risen to 26% that year, an historical high and up 10% from the year before.
So it’s no surprise that tech adoption issues can dominate discussions in the news and across Legal Talk Network from its impact on lawpractice to implications for labor and employment law. Case Study: One Firm’s Journey to the Cloud. Determining Your Firm’s Tech Maturity Level. ABA Techshow Preview.
For example, Attorney at Work’s Top 20 Articles of 2021 captures the zeitgeist of what’s on the minds of small lawfirms. Yesterday at TechnoLawyer, we published our annual awards, aptly titled TechnoLawyer Top 10 Products of 2021. DocMoto is a document management system (DMS) built for lawfirms.
The lawpracticemanagement 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 case management platform for plaintiffs’ attorneys.
In her day job, Liebert is the director of information services at the lawfirm O’Melveny & Myers. Having worked as a chief information officer, library and information governance director, law professor, and legal technology consultant, she has an extensive background in both IT and information management.
The new year begins with news of a new chief executive at Aderant , a global provider of business management software for lawfirms. “This is where I know that Aderant can affect real change for firms. . “This is where I know that Aderant can affect real change for firms. She was named CEO in 2017.
Target customer: In-house legal departments and lawfirm attorneys who serve as outside general counsel. Founded: 7/6/2021. 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.
This summer, one of the world’s largest lawfirms, Orrick, Herrington & Sutcliffe , began to address that challenge by partnering with the legal skills training company AltaClaro to develop a training program for its summer associates on prompt engineering and the responsible use of generative AI.
AffiniPay , the parent company of lawpracticemanagement company MyCase , has sold off the legal accounting software Soluno to another lawpracticemanagement company, Actionstep , in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. Whereas 2020 ended with great promise for regulatory reform, 2021 ends with little further progress on that front – and even retreats to some extent. I should be more optimistic.
The new requirement, which came about as part of the federal Corporate Transparency Act of 2021, means that many companies will now have to report information about their beneficial owners — the individuals who ultimately control the company. Cathy Rowe , senior vice president and segment leader, U.S.
Paradigm , the parent company to four legal practicemanagement and payments products — PracticePanther , Bill4Time , MerusCase and Headnote — today adds a fifth, as it acquires TrustBooks , the cloud-based accounting software built specifically for lawfirms.
Bessemer Venture Partners , a VC firm that has already made substantial investments in legal technology companies such as Clio, DISCO and Anaqua, has acquired a majority stake in Litify , a lawpracticemanagement platform founded in 2016 by a team of people who came out of Morgan & Morgan, the largest plaintiffs’ lawfirm in the United States.
It has been using its analytics to help firms gain insights into whether diverse lawyers are getting the same career-advancing opportunities as the non-diverse lawyers, and to then apply those insights through what Krow calls “ mindful staffing.”. Woodpecker , legal document automation for solo and small firms.
During the past two years, the pace of tech adoption quickened as firms moved to automate their practices for remote work and virtual practice. We wondered what tools or initiatives small firms might open their wallets for this coming year. What does this mean in practice and for your budget?
Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering lawfirms a comprehensive platform with everything they need to manage their administrative sides.
In 2013, when Florida lawyer TJ Fraser set out to find a lawpracticemanagement solution for his firm, he tested just about every product on the market, he says, but he could not find one that solved the problems he encountered in his day-to-day practice.
At its annual Clio Cloud Conference today, the lawpracticemanagement company Clio released the 2022 edition of its annual Legal Trends Report – its seventh year of the report. The challenge for every lawfirm is to meet the expectations of clients and employees while balancing business objectives in a fluctuating economy.
.” That “what’s next” spans a range of topics, from rethinking legal education to innovating legal practice, from developing new technology to driving greater diversity. These are among the topics that listeners found most interesting during 2021, based on their downloads of LawNext episodes. Valuation.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content