LawSites

DECEMBER 14, 2022

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 law firms in the post-pandemic era. Increased Adoption of Cloud Software. Document management software, 43%. Accounting software, 40%.

Law firm 96

Law firm Electronic payment Document automation Practice management 96

Attorney at Work

OCTOBER 14, 2022

Think Again About the Cybersecurity Risks of Small Law Firms. It is astonishing how often small law firms tell us that they are too small to be at serious risk for cyberattacks. Nevertheless, there are plenty of publicly known small firm breaches. Why Are Small Firms at Great Risk?

Law firm 127

Law firm Law Law Defendant 127

Legal Tech Monitor

MAY 9, 2023

Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice , including benchmark reports based on anonymized data from the two companies’ customers, as well as an in-depth 2022 year-end legal industry report, based on a survey of over 2,300 legal professionals.

Client Intake 52

Client Intake e-records Legal tech Legal tech 52

Legal Tech Monitor

NOVEMBER 30, 2023

Seven times since 2016, Thomson Reuters has conducted a survey on the state of small law firms in the U.S., and every time, it found that small firms had made virtually no progress on one of their greatest challenges, which is that they spend too much time on administrative tasks to the exclusion of practicing law.

Law firm 52

Law firm Law Law Lawyer 52

LawSites

APRIL 18, 2023

As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. But there are also disadvantages to practicing alone and challenges unique to solo lawyers, as this latest report documents. The bad: Solos struggle to bring in clients to their firms.

Electronic payment 128

Electronic payment Practice management Lawyer Law firm 128

Rocket Matter

JULY 5, 2023

Contrary to what TV dramas would have you believe, most lawyers in the US do not work at intrigue-filled Big Law firms. In fact, 63% of attorneys work for solo or small firms. Do I have a solid network in my chosen practice area? If not, are there related practice areas you can logically include or add on?

Time-tracking 93

Time-tracking e-filing Practice management Law Office 93

Clio

MARCH 22, 2024

Legal technology continues to rapidly change the practice of law—and today’s legal tech startups promise to unlock even more innovation for law firms. Legal tech has become foundational to the operations of most successful law firms. Streamlining communication , both within firms and with clients.

Legal tech 52

Legal tech Legal tech Law firm Time-tracking 52

TechLaw Crossroads

FEBRUARY 9, 2024

The LexisNexis study, entitled 2024 I nvesting in Legal Innovation Survey , looked at very large law firms and businesses. LexisNexis talked to 266 managing partners and c-suite leaders at AmLaw 200 law firms. This survey was of more than 2600 legal professionals at smaller firms.

Legal AI 59

Legal AI Due diligence Law Law 59

Law Technology Today

APRIL 18, 2023

Law schools have a duty to maintain a rigorous program of legal education and enable students to develop their professional identity. Law schools also have an ethical obligation to train technology competency skills and offer basic technology training in required first-year legal practice courses and upper-level legal technology courses.

Dispute resolution 82

Dispute resolution Document storage Legal tech Legal tech 82

LawNext podcast

MAY 9, 2023

Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice , including benchmark reports based on anonymized data from the two companies’ customers, as well as an in-depth 2022 year-end legal industry report, based on a survey of over 2,300 legal professionals.

Client Intake 40

Client Intake e-records Legal tech Legal tech 40

MatterSuite

AUGUST 22, 2023

Managing a law firm can be arduous, particularly when running a small firm with staffing limits. Legal practitioners, lawyers, and paralegals can greatly streamline many administrative parts of law practice. They can achieve this through the use of certain types of legal software.

Practice management 52

Practice management Time-tracking Law Law 52

Legal Tech Monitor

MARCH 7, 2024

Decades ago, I assumed that technology would soon advance to the point where automated document assembly would be fully incorporated in most law offices across the country. I draw this conclusion from watching practice management solutions incrementally release tools to improve their document assembly processes. Why is that?

e-filing 52

e-filing Time-tracking Practice management Law firm 52

Legal Tech Monitor

FEBRUARY 9, 2024

The LexisNexis study, entitled 2024 I nvesting in Legal Innovation Survey , looked at very large law firms and businesses. LexisNexis talked to 266 managing partners and c-suite leaders at AmLaw 200 law firms. This survey was of more than 2600 legal professionals at smaller firms.

Legal AI 52

Legal AI Due diligence Law Law 52

LawSites

SEPTEMBER 28, 2022

A Stanford Law School study published today of regulatory reforms in Utah and Arizona finds that they are “spurring substantial innovation,” that they are critical to serving lower-income populations, and that they do not pose any substantial risk of consumer harm. Who will be served by those innovations?

Law firm 80

Law firm Lawyer Compliance Law 80

Attorney at Work

OCTOBER 18, 2021

Virtual law firm status has worked out so well for some firms, they’re making the switch permanent. While firms are announcing their back-to-the-office plans, you may be wondering if it is possible to move your law office to a virtual setting permanently. Virtual Firms Aren’t Always 100% Remote.

Law firm 137

Law firm Law Law e-filing 137

LawSites

JANUARY 2, 2023

Kicking off the new year with a bang, two of the best-known companies in the United States providing business coaching and technology consulting to law firms have merged, creating a combined entity of nearly 100 people with expertise across virtually all sectors of law, particularly small- and mid-sized law firms.

Law firm 98

Law firm Law Law Hearing 98

Clio

MARCH 7, 2024

One of the first decisions business owners must make is what type of accounting method they’ll use to track their income and expenses. Accrual accounting gives a more accurate picture of a business’s or law firm’s true financial health over a period of time. They are typically fine to use cash basis accounting.

Time-tracking 52

Time-tracking Law firm Law Law 52

Attorney at Work

SEPTEMBER 7, 2021

What do law firm CRM systems do — and do you really need one? Clients are the lifeblood of your law practice. That’s why many firms have adopted client relationship management (CRM) solutions to help improve relationships with current clients, attract new ones and transform the way they do business. Is it worth it?

Case management 102

Case management Software Law firm Analytics 102

Colin S. Levy

JUNE 14, 2023

Tony is a veteran attorney who has practiced at some of the world’s most prestigious law firms and in-house at multiple technology companies. Prior to becoming an attorney, he was an experienced software engineer. They were the same tools that were already built for software engineers.

Legal tech 59

Legal tech Legal tech Software Law firm 59

Legal Tech Monitor

FEBRUARY 22, 2024

As Clio’s Lawyer in Residence, Lenon delves into the insights derived from the company’s Legal Trends Report , emphasizing the data-driven analysis of law firm practices and trends. This adaptability showcases the strategic management of resources within mid-sized firms to optimize efficiency and service delivery.

Law firm 52

Law firm e-records Lawyer e-filing 52

LawSites

JUNE 13, 2022

In light of that, I reached out to CEOs and executives at several practice management companies for their thoughts on the deal — including on how it may impact their partnerships with LawPay going forward. The clear trend, he said, is for software providers to develop their own payments stack. Kelley Castell, CEO of ProfitSolv.

Practice management 86

Practice management Workers Compensation Software Client Intake 86

Rocket Matter

JULY 11, 2023

We’re not talking about rates, pro bono policies, or any other conscious decision that law firms make regarding what they charge. We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. That causes your firm to lose out on billable time.

Time-tracking 65

Time-tracking Practice management Law firm Legal CRM 65

Clio

JUNE 21, 2023

When embarking on a legal career, one of your first decisions will likely be very consequential—whether or not to go into private practice. The work lives of attorneys at private law practices tend to differ greatly from those working in-house or in the public sector. What is private practice in law?

Law 52

Law Law Law firm Attorney 52

Lawyerist

FEBRUARY 9, 2023

Some practices are relatively recession-proof. But, all firms would likely benefit from asking what they will do if the demand for legal services decreases. Small Firm Legal Technology There are two ways to compete with other lawyers in an economic downturn. We never recommend simply throwing money at software companies.

Bankruptcy 55

Bankruptcy Time-tracking Legal tech Legal tech 55

Legal Tech Monitor

JUNE 26, 2023

In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a move its new president believes will help attorneys better comply with trust accounting requirements and better protect the public from trust violations. Sarasota, Fla.,

Compliance 52

Compliance Software Injury Lawyer Lawyer 52

ABA TECHSHOW

JANUARY 25, 2024

What is the main message of The Lawyer’s Guide to Office Automation: Tools & Strategies to Improve Your Firm and Your Life Just try automation. Ultimately, you know your practice, your staff, and your clients so your path to automation will look different than what your colleagues have taken. What inspired you to write this book?

Lawyer 45

Lawyer Software Law firm Law 45

Rocket Matter

JANUARY 2, 2024

For small and solo law firms, time isn’t just valuable—it’s billable. Yet too many firms are still traveling back in time to do it the “analog” way, leading to inefficiency, lost hours, and ultimately less revenue. Instead, use the best practice or recording as you go. That is a lot of time leakage.

Time-tracking 52

Time-tracking Software Law firm Attorney 52

3 Geeks and a Law Blog

MAY 23, 2023

Bush at the White House, a senior level appointee at the US Department of Justice, an Equity partner at two large global law firms, and in-house counsel at a major global consulting and business advisory firm. Even even with over a small waterfall. Laura has served as a Special Assistant to President George W.

Law firm 147

Law firm Hearing Time-tracking Lawyer 147

Rocket Matter

SEPTEMBER 12, 2023

Time is always in short supply for law firms, especially for firms with limited resources. With timekeeping best practices, you can streamline multiple areas of your practice, from invoices to project management. Here are 10 time tracking tips to maximize your billable hours today!

Time-tracking 86

Time-tracking Billing software Law firm Software 86

Law Technology Today

MAY 10, 2023

Online scheduling software shows dates and times available for meetings. Do you use online appointment scheduling software? DS: I do not use online scheduling software. DB: Yes. They can be required to pay a fee before setting an appointment or for certain types of appointments.

Document storage 73

Document storage Software Virtual Meeting Practice management 73

Colin S. Levy

DECEMBER 5, 2023

With over a decade working in small firms, governments, and ALSPs, she threads together each puzzle piece to design and implement comprehensive solutions. How do small and solo law firms benefit the most from automation? You can plug-and-play nearly every type of local pleading. Short on cash?

Time-tracking 52

Time-tracking Litigator Litigation Contract management 52

Legal Tech Monitor

NOVEMBER 6, 2023

The right mix of digital and traditional lead sources can set a practice apart, and understanding and leveraging the appropriate online channels is key for any firm looking to thrive in today’s competitive legal marketplace. Compare that percentage with your firm’s lead conversion rate to see how your firm stacks up.

Client Intake 52

Client Intake Legal marketplace Law firm Lawyer 52

Debevoise Data Blog

JANUARY 18, 2023

On January 10, 2023, the Financial Industry Regulatory Authority (“FINRA”) published its 2023 Report on FINRA’s Examination and Risk Monitoring Program (the “Report”), which is intended to provide member firms with key considerations and observations to use in enhancing their compliance programs.

Compliance 52

Compliance Software Analytics Law 52

Rocket Matter

APRIL 25, 2023

If you’re like most lawyers at small or mid-sized firms, you spend a significant portion of your days feeling torn between the billable tasks that pay your salary and the administrative work that makes your billable hours possible. But with automation, you can turn the situation into a win-win in record time. Legal billing.

Client Intake 52

Client Intake Time-tracking Law Law 52

Clio

APRIL 26, 2023

Law firms need to follow very specific rules on how client funds are handled, and maintaining an IOLTA account ensures you are compliant with ethical and legal obligations. This type of trust account is used by lawyers to responsibly hold client funds. What is an IOLTA account? What is an IOLTA account used for?

Compliance 52

Compliance Law firm Practice management Software 52

Clio

NOVEMBER 27, 2023

It’s a classic challenge: Legal clients want options when it comes to paying their legal bills, and law firms want to get paid. By offering recurring payment plans, law firms make it more manageable for clients to pay their legal bills in regular installments instead of one large sum. It’s a win-win.

Law firm 52

Law firm Law Law Criminal Defense 52

Legal Tech Monitor

APRIL 18, 2023

As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. But there are also disadvantages to practicing alone and challenges unique to solo lawyers, as this latest report documents. The bad: Solos struggle to bring in clients to their firms.

Electronic payment 52

Electronic payment Practice management Lawyer Law firm 52