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Legaltechnology company SurePoint Technologies has acquired the legal practice management company ZenCase in a strategic move aimed at enhancing SurePoint’s practice management offerings for mid-sized lawfirms.
Get free e-book For modern lawfirms, selecting suitable tools is no longer a matter of choice but of necessity. The right technology can automate processes, enhance output, and ensure that a legal company remains relevant in the market. Also, AI analytics lets you measure performance so you can run better.
Lawfirms are awash in data. Yet relatively few firms know how to responsibly protect and leverage that data — let alone have the data infrastructure needed to achieve that. “But where do lawfirms start? “But where do lawfirms start?
As a legal professional, you make countless decisions every daymany of which likely require you to analyze large volumes of data, which can be overwhelming when relying on individual brainpower alone. This is where lawfirm predictive analytics come to the rescue. What is predictive analytics?
The legaltechnology company Litera has acquired BigSquare , a provider of financial and business intelligence and analytics for lawfirms and corporate legal departments.
And legal teams are often responding under pressure, whether from regulators, leadership, or timelines that dont wait for manual review to catch up. In this environment, analytics isnt an optional enhancementits foundational. It’s analytics with operational clarity built in. Whos talking to whom? Its a way to sharpen it.
The legal industry is steeped in tradition and established processes. While they will continue to serve lawyers and lawfirms, modern clients demand innovation. Lawfirm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow.
At its Momentum Global conference in Dallas today, legaltechnology company Aderant unveiled four new cloud-based financial management applications, marking a significant expansion of the company’s AI-powered offerings for lawfirms.
The post Digital Transformation for LawFirms: A Guide to Modernizing Your Practice appeared first on Rocket Matter. Today, better and expedited access to legal services is simply a baseline to meet, not a privilege. The answer is simple: a lack of digital transformation in lawfirms.
Let’s revisit five of the most momentous legal tech fails of the last 10 years. 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. He is also cofounder of the LawNext LegalTechnology Directory.
Lawfirm marketing is the practice of attracting new potential clients to your firm. A lawfirm marketing plan may cover a mix of digital marketing, SEO, blogging, print, and digital ads. It may also include other tactics, such as harnessing technology like Clio Grow to streamline your marketing efforts.
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that lawfirms and litigation support teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.
Marking its second acquisition this year, the cloud practice management company SurePoint Technologies has acquired Coyote Analytics , a company that provides practice management, financial management and business intelligence software for lawfirms. The future is analytical insight driving embedded prediction.”
Judicial analytics remains one of the last frontiers of Big Data, a field poised to fundamentally transform the way attorneys practice the law by quantifying the unquantifiable to unimaginable ends. AI-powered judicial analytics emerged from the frustrations of day-to-day life as an attorney. But things are starting to change.
Justis, powered by OpenAI’s GPT-4, was able to have a natural conversation with Greg and provide insightful perspectives on the use of generative AI in the legal industry, specifically in lawfirms. While many lawfirm leaders recognize its potential, some are unsure of how it fits into legal work or worry about risks.
Keeping up on the litigation landscape with AI-powered legalanalytics can help cultivate productive and meaningful client relationships. “As As someone who had his own lawfirm, I learned very early on that without clients, you had no business,” says Cole Silver , Chief Client Officer at Blank Rome. Ping to Pitch.
He worked with major lawfirms in both countries before moving into the corporate world, where he spent 15 years in various roles, including as head of the legal department for Latin America and later overseeing a global transformation of the legal department at Hewlett Packard.
More and more lawfirms are recognizing how important it is to manage themselves like a business to survive in today’s competitive market. Businesses operate with efficiency, strategic planning, and a keen eye on the bottom line — principles that lawfirms can adopt to enhance their operational effectiveness.
In a marriage of pro bono platforms, Paladin , a company whose platform connects lawyers with opportunities to provide free legal help, has acquired Pro Bono Manager , a product developed by Pro Bono Net to enable large lawfirms to manage and measure their pro bono programs.
Bringing these two highly successful businesses together will help democratize the law for legal professionals worldwide through a dynamic and robust platform that improves legal research accuracy, efficiency, and affordability,” Lluís Faus said in a statement provided by the company. Docket Alarm. NextChapter BK.
But how do you measure up when it comes to marketing your lawfirm on social media? It would be a mistake to overlook social networks when promoting your lawfirm. According to the American Bar Association’s latest LegalTechnology Survey , 89% of lawfirms use social media to market their practices.
Tim Fox , Director of Practice Intelligence and Data Analytics, Ogletree Deakins. Gordan Glover , Founder, Glover LawFirm. Mónica González Contró , Director, Institute of Legal Research, Universidad Nacional Autónoma de México. Daniel Hoadley , Head of Data Science & Analytics, Mishcon de Reya LLP.
For lawfirms and corporate legal departments still tethered to Relativity Server, the shift to RelativityOne isnt just a technological upgrade; its a strategic imperative. RelativityOne enables partners like Lineal to create innovative legal solutions leveraging its cloud-native architecture.
GigaOm's evaluation serves as an invaluable resource for legal departments and lawfirms looking to navigate the eDiscovery landscape and select the right technology. Choosing the right eDiscovery provider Digital transformation in the legal sector is moving at lightning speed and keeping pace is no longer enough.
At the heart of this technological revolution lies the cloud—the driving force behind a multitude of transformative legal solutions. Cloud-based legaltechnology empowers lawfirms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients.
Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for lawfirms. If queried, most lawfirms would point to March of 2020 as the point in time that everything changed. APX is a unique offering to the legal community in many ways.
For Pascale, the most important application of AI is “legal investigations”, which involves contract analysis, management and predictive analytics. This aspect is very interesting, especially for lawfirms. Legaltechnology is an exciting field full of possibilities”. “It
In today’s legal landscape, the complexity of litigation, investigations, and regulatory response is growing—but so is the opportunity to transform how firms deliver value. Flexible Partnership Models Built for the Way You Work Every firm has different internal capabilities, comfort levels with technology, and strategic priorities.
At the heart of this technological revolution lies the cloud—the driving force behind a multitude of transformative legal solutions. Cloud-based legaltechnology empowers lawfirms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients.
million in seed funding to date and the backing of several legaltechnology veterans, the legaltechnology company Entegrata aims to transform how lawfirms integrate and analyze data across disparate business systems in order to drive data-informed decision-making.
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 law practice specialization.
The computers we use to research, the programs we use to draft documents and emails, the phones we use to negotiate are all pieces of legaltechnology. One of the more fascinating and disruptive technologies that has come to prominence in recent years is legalanalytics.
LexisNexis announced the acquisition of Case LawAnalytics , a French legaltech company specializing in the modeling of legal risk using artificial intelligence. According to LexisNexis, the company now supports 6,000 users, within insurance companies, lawfirms, legal departments and human resources.
We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes lawfirm pricing by offering a foundation for alternative fee structures. Another example is our Directory of Alternative Fee Providing LawFirms. What makes you unique or innovative? and Beagle.
What works: Lineal combines digital forensics and AI-enabled data analytics to ingest, process, and prioritize modern data types. Our approach reconstructs fragmented communication chains across formats, languages, and time zonesso legal teams see the full story. Contact us here.
Legaltechnology consultancy Morae Global has entered into a strategic partnership with Belgian-headquartered contract drafting and negotiation platform Henchman, to bring lawfirm and corporate clients a tech + services … Morae Global and Henchman enter strategic partnership to provide contract drafting tech + services offering Read More » (..)
Their backstay of tuned-up educational programming was designed to help practitioners run leaner more profitable lawfirms. This year’s conference featured five tracks to choose from (LegalTechnology, Business of Law, Industry Workshops, Clio University, and Clio University Workshops).
Despite years of talk about going digital, many legal departments and lawfirms remain stuck in outdated workflows, spiraling costs, and opaque eDiscovery spend. Transformation isnt about adding more toolsits about rethinking the role of data in legal operations. But in legal, its meaning is concreteand measurable.
UK top 50 lawfirm Travers Smith has promoted its head of legaltechnology Shawn Curran, and head of central technology David Cassidy, to become directors within their departments.
Leveraging legaltechnology has become essential for enterprise legal departments seeking to enhance efficiency in today’s digital age. By automating routine tasks and ensuring compliance, legaltechnology empowers legal professionals to focus on high-value work.
In this blog, we’ll explore the biggest legaltechnology trends of the year and why upgrading your tools now isn’t just an option, but a necessity to stay competitive. How does Better Tech solve LawFirms’ Biggest Problems? From AI-powered contract analysis to cloud-based collaboration tools. Let’s dive in.
In a competitive market, lawfirms require robust legal software to streamline their marketing and client intake processes. However, when running a busy practice, writing compelling marketing copy from scratch can’t (and shouldn’t) be a firm’s top priority. How Can AI Amplify Efficiency in the Legal Industry?
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. Most lawyers recognize the productivity and efficiency gains brought about by legaltechnology.
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