Legal Tech Monitor

APRIL 17, 2023

My past Daily Record articles can be accessed here. ** The Legal Software Shift: Recent Report Highlights Efficiency and Flexibility Gains Technology is advancing at a rapid clip, and keeping up isn’t easy, especially when you’ve got a busy caseload to manage. Here is a recent Daily Record column.

Legal software 59

Legal software Legal software Software e-records 59

Simple Legal

APRIL 19, 2023

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. Legal tech is no longer seen as a nice to have, but a must have.

Legal tech 72

Legal tech Legal tech Machine learning e-filing 72

Centerbase

MAY 31, 2023

A 2022 Report on the State of the Legal Market from the Thomson Reuters Institute and the Georgetown Law Center noted “serious retention challenges with respect to professional staff other than lawyers.” Cloud-based legal software allows administrative personnel to work from anywhere.

Law firm 52

Law firm Document management Client Intake Legal technology 52

Rocket Matter

JANUARY 17, 2023

Rocket Matter’s document management system automatically puts together all the paperwork you’ll need, from fee agreements to pleadings. . Most legal software provides tools for reporting. Leverage your data better. This can lead to miscommunications between team members and make collaboration a chore. .

Case management 52

Case management Time-tracking Software Document management 52

LawSites

DECEMBER 29, 2021

This year, it opened the proposal to public comment , with the expectation that the state’s supreme court will vote on it sometime in 2022. Legal tech went public. Before 2021, the last time a legal technology company went public in the U.S. In the years since, the legal tech market saw little IPO activity.

Legal tech 145

Legal tech Legal tech Practice management e-filing 145

Rocket Matter

DECEMBER 26, 2023

Artificial Intelligence that works for you If you had a nickel for every time someone talked about AI… well, you wouldn’t have to work ever again. ChatGPT was released to the public at the end of 2022, but it took the business world by storm in 2023. Understandably, many lawyers are cautious about ChatGPT and other AI tools.

Document automation 52

Document automation Time-tracking Client Intake Legal CRM 52

Lawmatics

DECEMBER 27, 2023

As the world continues to undergo rapid technological advancements, the legal industry has not been left behind (although some lawyers may wish it was). With emerging new technologies like artificial intelligence (AI) and machine learning, many people have started considering what legal software might mean for the legal profession’s future.

Legal technology 52

Legal technology Legal technology Dispute resolution Machine learning 52