Above the Law - Technology

SEPTEMBER 11, 2023

It was founded last year by Brian Liu , one of the original founders of LegalZoom and its chairman until 2018; Arya Firoozmand , a cofounder together with Liu of BizCounsel , a platform that provides subscription lawyers for small businesses; and Curt Brown , who was also a cofounder of BizCounsel.

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MatterSuite

JANUARY 9, 2024

Types of Recurring Payments Subscription-Based Models: Recurring payments in the form of subscription-based models involve clients committing to regular payments in exchange for ongoing legal services. This model is particularly beneficial for law firms engaged in providing continuous legal support or consultation.

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LawSites

JUNE 27, 2023

While those document analysis tools have been focused on the litigation side of legal practice, LexisNexis is today unveiling a document analysis tool designed for transactional attorneys, to help them research, negotiate and close transactional agreements. Future releases will add other transaction types.

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MatterSuite

JANUARY 9, 2024

Types of Recurring Payments Subscription-Based Models: Recurring payments in the form of subscription-based models involve clients committing to regular payments in exchange for ongoing legal services. This model is particularly beneficial for law firms engaged in providing continuous legal support or consultation.

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Legal Tech Monitor

FEBRUARY 28, 2024

CEO Daniel Lewis walked me through a scenario in which a company receives a draft master services agreement and wants to ensure it prohibits the vendor from using its logo. These features are included in every LegalOn subscription. In a demonstration yesterday, Melli and U.S.

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Compliance Legal technology Legal technology Lawyer 52

Legal Tech Monitor

JUNE 27, 2023

While those document analysis tools have been focused on the litigation side of legal practice, LexisNexis is today unveiling a document analysis tool designed for transactional attorneys, to help them research, negotiate and close transactional agreements. Future releases will add other transaction types.

Lawyer 52

Lawyer Legal research Attorney State law 52

LawSites

FEBRUARY 28, 2024

CEO Daniel Lewis walked me through a scenario in which a company receives a draft master services agreement and wants to ensure it prohibits the vendor from using its logo. These features are included in every LegalOn subscription. In a demonstration yesterday, Melli and U.S.

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Compliance Lawyer Legal technology Legal technology 54

Clio

NOVEMBER 27, 2023

Also known as “subscription payments,” recurring payments for law firms occur when a client agrees to set up a subscription with a law firm. Specifically, as the 2023 Legal Trends for Mid-Sized Law Firms report outlines, 15% of mid-sized law firms (firms with 21 or more employees) offer monthly subscriptions as a payment option.

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Legal Tech Blog

FEBRUARY 29, 2024

One can also ask Assistant to identify key terms within the contract , such as service descriptions, SLAs, and payment clauses, providing the user with a complete understanding of their agreements. These features are included in every LegalOn subscription.

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LawSites

APRIL 19, 2022

Here’s another use: the subscription law firm. Regular readers of the blog have seen me talk about subscription law firms, but for all of you who haven’t read my voluminous babbling on that brilliant topic , here goes. We also wrote about how much money is on the table for lawyers who want to switch to a subscription offering).

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LawSites

OCTOBER 17, 2022

The CRM module requires an additional subscription beyond the monthly cost of the practice management platform, but not all users in a firm are likely to need the CRM module. Documents such as retainer agreements can be send directly from the module for signatures and then are securely stored within CosmoLex. Manage and Message Leads.

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e-records e-filing Practice management Document storage 52

Clio

APRIL 13, 2023

Other states explicitly permit these surcharges for processing fees, although law firms should disclose these surcharges in the written fee agreement. The main types of fee structures are interchange-plus, flat rate, subscription, and tiered. Interchange plus Interchange plus fees occur on a per-transaction basis.

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Attorney at Work

JANUARY 20, 2022

Document automation software provides a centralized process of producing agreements, motions, pleading, contracts and other legal documents. They are purchasing routine supplies, services and subscriptions on a credit card and will pay for legal services in the same way. A Small Business Credit Card Study by Visa/A.T.

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CaseFox

APRIL 7, 2023

Better agreements can be negotiated with vendors and suppliers to cut costs and boost profits. As an illustration, they might collaborate with the marketing division to create subscription-based services or create fresh pricing schemes that can boost profits. In-house legal teams can assist in this process.

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Intellectual Property Legal advice e-discovery International law 98

The Law Product Makers blog

NOVEMBER 16, 2021

Examples of employment law forms include state-specific employment contracts, employment manuals, independent contractor agreements, privacy solutions, and return-to-work policies. For example, the Employment Manual product starts at a subscription price of $2,500 and increases from there depending on the company’s size.

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Global LegalTech Hub

JUNE 22, 2021

The EU Member States are unable to reach an agreement. What there does seem to be a quorum on is that, once it is published, a 2-year moratorium will be given to companies so that they can adapt to the new regulation and make it fully effective.

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Intellectual Property Data protection Software Law 130

Rocket Matter

SEPTEMBER 26, 2023

So for topical matters, generated output may not include the most up-to-date information. Similarly, remember that ChatGPT is based on public information online, and as most attorneys will know, not every piece of legal advice on the internet is correct.

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LawSites

OCTOBER 18, 2022

In the briefing, both Baxter and Rebecca Sattin , co-CEO and CIO at Worldox, said NetDocuments will continue to support all Worldox products, both on-premises and cloud, “for the foreseeable future,” and maintain customers’ existing license and subscription agreements.

Legal tech 52

Legal tech Legal tech Document management Law firm 52

AXDRAFT

JANUARY 20, 2023

How CLM Relates Software-as-a-service contracts are, by nature, rental agreements. This could be subscriptions that are about to terminate, changes to terms for some customers, or reviews of current terms if somebody claims there was a payment mistake. It will greatly reduce workflow inefficiencies and allow processes to run smoothly.

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TechLaw Crossroads

OCTOBER 4, 2023

In addition, the providers were focused less on billable hours and more on subscription and task-based fees. This software can transfer agreements into structured data that can be used for all sorts of tasks. As a result, they, together with companies like Relativity,were motivated to be highly efficient.

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e-discovery Law firm Litigator Litigation 111

LawSites

JULY 12, 2021

as an upgrade to their current subscriptions. What’s Market Analytics allow users to explore market trends and create data visualizations, such as charts and graphs of key terms in documents and agreements or comparisons of recent filings. The Tool Set is available as of today to users in the U.S.

Analytics 52

Analytics Law Law Machine learning 52

Rocket Matter

NOVEMBER 3, 2022

Even with subscription-based platforms, which are less costly and often have friendlier user agreements, it still takes time and money to roll out new tools. Budget your tech stack easily with Rocket Matter’s yearly or monthly subscription fee. It’s not a no-risk situation, either. Legal trust accounting .

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Lawyer Time-tracking Billing software Practice management 40

Eric Goldman

AUGUST 11, 2023

The court explains: StubHub’s website sign-in screen that these Plaintiffs viewed provided sufficient notice of their agreement to arbitrate any disputes. This is distinct from the text of the website checkout and sign-in pages, in which the term “User Agreement” is underlined and in bright blue font to emphasize that it is hyperlinked.

e-records 71

e-records Court Law Law 71

Clio

MARCH 25, 2024

Document review: Offering document review services by examining and evaluating a legal agreement to determine its terms and conditions for individuals or businesses. This can be things like rent, salaries, benefits, software subscriptions and taxes and licenses.

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Law firm Law Law Time-tracking 52

Above the Law - Technology

OCTOBER 20, 2023

VerifAI is a standalone product that requires no other SpotDraft subscription. For example, you could add the guideline, “The term of the agreement should be a maximum of one year,” and VerifAI would look for and redline any variations from that. It works out-of-the-box, with no training required for users.

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LawSites

MAY 19, 2022

For SharePoint or a DMS, for example, a lawyer may ask Termi, “Show me documents related to software agreements.” It is sold on a per-user subscription basis. Termi retrieves them and lets the user toggle through documents or open any directly from there. The Bottom Line.

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Legal Tech Monitor

OCTOBER 4, 2023

In addition, the providers were focused less on billable hours and more on subscription and task-based fees. This software can transfer agreements into structured data that can be used for all sorts of tasks. As a result, they, together with companies like Relativity,were motivated to be highly efficient.

e-discovery 52

e-discovery Law firm Litigator Litigation 52

LawSites

JANUARY 24, 2024

Both features are available to Practical Law customers in the United States who have the dynamic tool set subscription, which is PL’s premiere subscription level. They will be available to customers in other countries later this year. It can draw from PL content, SEC documents, or a customer’s own internal documents.

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Law Law Legal research Attorney 104

Attorney at Work

APRIL 30, 2021

She is the author of the ABA book “Trust Accounting in One Hour for Lawyers,” co-author of “ Paperless in One Hour for Lawyers , ” and a contributing author to “Flying Solo: A Survival Guide” and the Oregon State Bar “Fee Agreement Compendium.” . LIVE Zoom transcription requires the Business subscription at $20 a month.

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Lawyer Client Intake Law firm Attorney 145

CaseFox

SEPTEMBER 26, 2023

Retainer agreement helps lawyers avoid conflict of interest since the lawyers only represent clients that offer them advance fees. What Is A Retainer Fee Agreement? In this case, having a proper written document or agreement in place can be very helpful. Subscription Models At last, we have a subscription model.

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Lawyer Time-tracking Billing software Attorney 52

Legal Tech Monitor

JANUARY 24, 2024

Both features are available to Practical Law customers in the United States who have the dynamic tool set subscription, which is PL’s premiere subscription level. They will be available to customers in other countries later this year. It can draw from PL content, SEC documents, or a customer’s own internal documents.

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Law Law Legal research Attorney 52

LawSites

APRIL 9, 2024

’ Do you have to go through all the agreements? A hallmark of the service from the start has been fixed-price subscriptions that cover everything in its research database. .” No, you could have a chatbot that sits in that deal room and can answer context-specific questions about the deal.” ”

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Legal research Time-tracking Law Law 67

Eric Goldman

NOVEMBER 8, 2023

“None of these agreements provides that Google will pay Ray $22 per view of his videos, or any other dollar amount.” Ray’s allegation that Google promised him $22.00 per view, as he alleged. He even admits he “cannot find the Google promise [to pay] ‘up to $22.00’ per view.”

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Clio

AUGUST 24, 2023

An evergreen retainer fee is an agreement where a client pays a fee into a separate trust account, which a lawyer invoices against once services are provided. What is a retainer fee agreement? This is where the retainer fee agreement comes in. Businesses or people who need regular legal assistance often use subscription models.

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Lawyer Time-tracking Law firm Compliance 52

Legodesk

DECEMBER 21, 2021

Another benefit to a fixed fee agreement is that they award your knowledge and capability. Subscription Fee A subscription fee is a certain amount you bill for your services or a set of services offered for a fixed rate from a law firm on a consistent basis. Consider how you might be able to turn your services into products.

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Billing software Law firm Bankruptcy Lawyer 52

Legal Tech Monitor

OCTOBER 20, 2023

VerifAI is a standalone product that requires no other SpotDraft subscription. For example, you could add the guideline, “The term of the agreement should be a maximum of one year,” and VerifAI would look for and redline any variations from that. It works out-of-the-box, with no training required for users.

Lawyer 52

Lawyer 52

Dewey B Strategic

JUNE 14, 2023

The first thing you need to understand is that most license agreements are one-sided in favor of the vendor. It can be changed during the course of your subscription. Some contracts call for a termination and forfeiture of the subscription cost in the event of unauthorized use. All the liabilities and risks are on the purchaser.

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