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Maximize Law Firm Profitability with Practice Area Analysis

Centerbase

That can get complicated, but my goal with this article is to help make profitability analysis feel doable by looking at just one example — practice area profitability. For example, a litigation group may need additional paralegal support compared to a transactional group, affecting the cost rate of attorneys in that practice area.

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Law Firm Management: The Ultimate Guide for Modern Firms

Centerbase

Many firms find success with content marketingpublishing articles, guides, and thought leadership pieces on their websites. Collaboration tools allow attorneys, paralegals, and support staff to work together on documents, track deadlines, and manage tasks in real-time.

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Guide to Enhancing Law Firm Productivity

Law Technology Today

In your law firm, such activities could be cumbersome email management processes, haphazard document management, infrequent bookkeeping and accounting operations, and unplanned administration tasks. These tools bring in process and times efficiencies, and result in both short-term and long-term productivity enhancements.

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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

Our users include a variety of roles, from managing partners, to associate lawyers, paralegals and admin/operations team members. It directly integrates into lawyers’ email inboxes and their existing document management systems, offering a simple, highly relevant use case. Who are your competitors? Harvey, Casetext.

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Legal AI Tools

Lawmatics

Legal software utilizing artificial intelligence (AI) helps law firms automate routine tasks like billing and document management, allowing lawyers and staff to focus on strategic tasks (or other areas that require their skills and expertise) and less on repetitive administrative tasks. How is AI Being Used in the Legal Field?

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TECHSHOW 2023 LIVE: Start-Up Pitch Competition

Law Technology Today

Rich, easy-to-use features allow attorneys and paralegals to quickly draft responses, add objections, text or email clients and obtain electronic signatures directly from our platform. Universal Migrator Universal Migrator makes changing practice/document management systems a breeze. Read the original article here.

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How to Increase Law Firm Profitability

Centerbase

That’s what we’ll cover in this article. To stay ahead of the curve, firms should make investments in technology, legal research tools, document management systems , communication tools and client portals , matter management systems , and training. Why does profitability matter for law firms?