Sentences with phrase «increasing law firm efficiency»

Automation is a powerful way of increasing law firm efficiency, and it will lead to better experiences for clients and a better bottom line for your law firm.
Improved legal technology will be assisting law firms with case assessments, proper data collections, and increased law firm efficiency.
Partners who have worked at the firm since they graduated from law school may not be open to learning new technology to work with clients even if there is evidence these tools will increase law firm efficiency.

Not exact matches

They believe that if law firms did this, the firms would no longer consider a reduction in hours to be a reduction in productivity; firms would welcome increased efficiency and fewer hours because lawyers would be making money based on client outcome, not lawyer effort.
Law firms have to increase efficiency and this entails profound changes in the production process.
Developing a wiki for your law firm — even if you are just a solo — is a great way to organize, increase efficiency and develop a vision for your firm.
The short answer is that law firms can benefit from data - driven decision - making, and attorneys can increase efficiency and profits by incorporating data into their legal practices.
With the recent launch of their unique AP1 dashboard tool, the conveyancing services provider continues to expand their range of workflow tools aimed at evolving traditional practices to increase efficiency for law firms.
To maintain the same profit, law firms must necessarily increase their efficiency.
Only the right lawyers are assigned to our clients including collaboration with a network of law firms and support services to increase efficiencies and control costs for the benefit of clients.
Even as the recession eases, corporate clients continue to pressure their law firms to cut costs, increase efficiency, and move to fixed fees and alternative fee arrangements (AFAs).
«Our research makes it clear that law firms have not fully embraced the principles of Marketing Operations: increasing marketing efficiency and organisational agility; aligning marketing activity with revenue growth, and measuring activity and people in a systematic way,» says Scalzi.
Efficiency continues to become more and more urgent as competition and client expectations place increasing demands on law firms, particularly smaller firms with limited budgets.
We offer more tips for staying organized and increasing your law firm's efficiency in this post.
On the flip side, law firms can create efficiencies by working with several companies on targeted legal matters, increasing earning potential even with flat fee arrangements.
As an example, using law firm management software can dramatically increase your overall efficiency.
KM / JD Consulting LLC renders impartial practice management advice to law firms on improving efficiency, increasing profits and reducing risk, emphasizing knowledge strategy.
The last thing any law firm needs is to waste time and money trying to increase efficiencies and enhanced profitability... doesn't that sound like an oxymoron?
WorkFlow is a very powerful tool for saving time and increasing everyday efficiency of your law firm.
Interestingly, the latest Am Law 100 statistics show that the top - grossing firms in the U.S. are now targeting profits, leading to increases in efficiency and cost - cutting.
We advise law firms on improving efficiency, increasing profits and reducing risk through top - down strategic practice management efforts, focusing on knowledge strategy.
We advise law firms on improving efficiency, increasing profits and reducing risk through top - down strategic practice management efforts, emphasizing knowledge strategy initiatives at the practice group level.
The trend is echoed in law firms of all sizes, as business operations are reconfigured for greater efficiency and individuals seek increased flexibility in work arrangements.
The Legal Week Best Legal Technology ranking and report will allow law firms to gauge the effectiveness of their IT at a time when they are coming under increasing pressure from clients to improve their efficiency, transparency and data security.
Increases in law firm profitability are clearly linked to strategic changes in lawyer staffing, efficiency of legal service delivery and pricing approaches.
I predicted law firm activity around «Efficiency Offerings» would increase, ranging from process improvement, technology and support services to pricing, profitability and project management.
In its 2017 law firm report «Time for Change», which is based on the results of a survey carried out among a range of UK and global law firms, the consultancy business noted that «an increasing number of firms are viewing technology not just as a means to boost efficiency, but also as a way to reimagine how legal services are delivered».
Certainly clients are investing heavily in tools that increase speed, performance, and efficiency; why would their law firms not be as well?
«Law firms are ready for a modern records management solution and in - depth, legal - specific information governance expertise that reduce risk and increase efficiency,» said Nancy Beauchemin, president and founder of InOutsource.
Brooklyn, NY (PRWEB) September 09, 2013 — Major Dallas law firm, Winstead PC, has licensed ContractExpress document assembly to reduce the time required to generate client documents, to improve efficiency, and to increase profitability by reducing unrecoverable hours.
ABOUT: Through its legal project management (LPM) services, LawVision Group creates a competitive advantage for law firms and corporate legal departments to increase efficiency, improve profitability and reduce legal spend, as well as enhance client relationships.
But law firms also realized that they could earn more money by billing more hours — and thus, began increasing billable hour requirements and finding ways to encourage redundancy rather than efficiency.
Law firms and legal departments have long utilized technology to increase administrative efficiency, from document automation to e-billing to proposal automation and much more.
The practice of law is a business like any other and law firms that fail to leverage technology to increase efficiency and measure performance will become obsolete, like stenographers and carbon paper.
Topics to be discussed will include: legal informatics, project management, e-discovery, social media, cloud computing, data security, courtroom and litigation software, virtual practice and mobile lawyers, online research, document collaboration, presentation and courtroom technologies, encryption apps and metadata, ethical considerations for technology in legal practice, billing, and document automation to increase the efficiency and profitability of law firms.
In his role as information governance implementation manager, Clauss will guide Am Law 200 law firms as they launch policies and solutions to decrease risk, increase efficiency and lower cosLaw 200 law firms as they launch policies and solutions to decrease risk, increase efficiency and lower coslaw firms as they launch policies and solutions to decrease risk, increase efficiency and lower costs.
In today's competitive legal market, all law firms are under growing pressure from clients to increase efficiency and innovation while keeping costs low.
Legal departments and law firms are under increasing cost pressures and it is no longer about doing more with less; it is simply a question of efficiency: top - quality output with less cost, fewer people and fewer mistakes.
Safelink provides a highly secure means of increasing the efficiency of smart delivery of legal services to, and by, in - house legal departments and law firms, while adding strength to GDPR positioning.
Utilizing the cloud for your law practice can save you money and increase your firm's accessibility and efficiency.
The Law Firm Consulting Group advises personal injury and plaintiff mass tort law firms in the areas of financing, marketing, use of technology to increase efficiency, and the mitigation of risLaw Firm Consulting Group advises personal injury and plaintiff mass tort law firms in the areas of financing, marketing, use of technology to increase efficiency, and the mitigation of rislaw firms in the areas of financing, marketing, use of technology to increase efficiency, and the mitigation of risks.
Legal project management systems can be a great way to increase efficiency in your law firm, which leads to more clients and more revenue.
Law firms of all sizes are embracing the cloud, some on an application - by - application basis others with a «cloud first» approach... More firms are moving to a «cloud - first» approach and investing in technologies such as analytics, AI, virtualization, mobility solutions and other SaaS applications, turning increased productivity, efficiency and automation into profits.
While this in - house counsel does not charge fees, alternative or otherwise, the lessons of its push to use document production technologies to increase efficiency are relevant to law firms that need to run lean.
LegalShift has broad knowledge of and deep experience with most forms of legal practice and law firm business operations processes, identifying opportunities and executing on solutions that increase efficiency through workflow automation.
Since the only tangible product that lawyers produce is written work, increasing efficiency in preparing documents is critical to the future of every law firm.
While helping future and current customers, the solution captures user information which can then be delivered to the law firm increasing workflow efficiencies and reducing the wasted time dealing with tire kickers.
This is an illuminating topic for practice support and litigation support managers, corporate and litigation attorneys, knowledge management leaders, and other stakeholders who want to increase their knowledge of operating efficiencies for law firms or how case management can be used in a law firm and other practice environments.
«I'm very pleased with the product and I'm confident that it will be a powerful tool for increasing our efficiency, imposing new rules for our law firms» billing parameters, and creating long - term cost savings for our legal department.»
If you're trying to figure out how to start a virtual law firm, it's probably because you wish to reduce your overhead, save time, increase productivity and efficiency, and improve your bottom line.
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