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What Is Legal Billing Software?

Lawmatics

Legal billing is important for several reasons, including revenue generation, client expectations, financial management, compliance, and more. Financial management: Billing software helps track billable hours, expenses, and payments, providing insights into the firm's financial performance and cash flow.

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Blockchain Technology in Law: How It Impacts the Legal Profession

MatterSuite

Furthermore, blockchain enables digital certificates for art and collectibles, enhancing ownership tracking and countering counterfeiting. With blockchain, the security and authenticity of evidence can be greatly improved by time-stamping and storing digital records guaranteeing their immutability and traceability.

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Why Do Lawyers Need to Keep Up with Legal Technology?

Law Technology Today

Here are some of the key reasons law firms should invest in technology: Increased Efficiency: Using legal technology to automate tasks that consume much of a lawyer’s time. At the same time, AI-powered legal research tools can reduce the required time and expense of using conventional research techniques.

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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. Implement Comprehensive Compliance Programs Developing and implementing robust compliance programs is an essential strategy for managing legal risks. In-house legal counsel should work closely with other departments.

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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. Implement Comprehensive Compliance Programs Developing and implementing robust compliance programs is an essential strategy for managing legal risks.

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Why Do Lawyers Need to Keep Up with Legal Technology?

ABA TECHSHOW

Here are some of the key reasons law firms should invest in technology: Increased Efficiency: Using legal technology to automate tasks that consume much of a lawyer’s time. At the same time, AI-powered legal research tools can reduce the required time and expense of using conventional research techniques.

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Law Firm Financial Management: A Guide for the Busy Lawyer

MatterSuite

Leaving little time to focus on the critical aspect of running a successful law firm — financial management. Helping you stay on track to achieve your financial goals. Tax Planning and Compliance: Tax planning is an integral part of financial management for law firms. If so, you’re not alone.