Not exact matches
Law firms are systematically pitched by a host of eager
technology companies, proclaiming the
benefits of what artificial intelligence systems (AI) can do for them.
Once a legal department or
law firm has decided to invest in a significant piece of legal
technology, determining the ROI and applied
benefits can be daunting.
Managing partners often ask: «What are the
benefits of online bundle
technology to my
law firm?»
The success of the Cambridge Eagle Lab in supporting
law - tech and other
technology start - ups, along with the willingness to collaborate pan-industry for the
benefit of the sector, were key factors in persuading
law firms, which visited it, to back the new incubator.
The new breed of
law firm is replacing paper bundles with online bundle
technology and reaping
benefits in costs management, time and quality.
Her fascination with legal
technology and its
benefits in the delivery of legal services has led her from her own legal
technology consulting
firm, through employment as IT director of a large
law firm, and, finally, to her current position as a practice management thought leader and founder of the South Carolina State Bar's Practice Management Assistance Program.
Technology Changes
Law Firm Management by Jeremy T. Elman, McDermott Will partner (
Law Firm Partnership &
Benefits Report newsletter, 9 Mar 2009) is a good but surprising article.
However,
law firms that embrace the right systems, tools and
technologies will enjoy tremendous
benefits resulting from their new competitive advantage over
firms that refuse to embrace the future.
Even with the acceptance of legal
technology by many lawyers and
law firms, some attorneys are still skeptical about the
benefits that emergent
technology can bring to their
law practice.
He also meets the founder of a
law firm already making the most of existing AI
technology to
benefit customers and build business.
With that said, as
technology itself continues to evolve,
law firms may
benefit from looking outside of legal for certain
technology solutions.
Savvy
law firms and corporate counsel will
benefit from bringing the latest
technologies including artificial intelligence (AI) to the attention of their clients.
The
firm garnered national first tier rankings for antitrust
law, commercial litigation, construction law, corporate law, employee benefits (ERISA) law, insurance law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, commercial litigation, construction
law, corporate law, employee benefits (ERISA) law, insurance law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, corporate
law, employee benefits (ERISA) law, insurance law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, employee
benefits (ERISA)
law, insurance law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, insurance
law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, litigation - antitrust, litigation - construction, litigation - ERISA, litigation - intellectual property, Native American
law, patent law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, patent
law, real estate law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, real estate
law, technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law,
technology law, and trademark law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law, and trademark
law in US News — Best Lawyers ® 2017 «Best Law Firms.&raq
law in US News — Best Lawyers ® 2017 «Best
Law Firms.&raq
Law Firms.»
Toronto
technology and business lawyer Peter Murphy admits many
law firms could
benefit from new information
technologies, but he doesn't advise them to rush into projects without aligning them to the
firm's objectives through a solid business case.
The
firm represents corporate, governmental, and nonprofit entities, as well as individual clients, in a wide range of matters, including corporate; business and insurance litigation; tax and tax - exempt; finance; public finance; land use, environmental and utilities, and real estate; health
law; labor, employment, and
benefits; intellectual property and
technology; data privacy and security; and government relations.
Once a
law firm has reaped the
benefits to its operating margin that contract staffing can provide, it may prove hard to return to a traditionally staffed leverage model, especially once
technology acts to further enhance the cost efficiencies inherent in the legal contracting market.
People
benefit from
technology in many aspects of their lives already, so they will expect your
law firm to take advantage of advances whenever possible to improve their experience.
The use of artificial intelligence for contract analysis and the use of
technology assisted review for litigation or investigations are two new ways in which
law firms may
benefit.
The report discusses current and future
technology, how it is regulated, how
law firms can
benefit, and what happens if it all goes wrong.
With increasing awareness around «big data» and the
benefits of employing analytics to develop and execute marketing strategies, it is no surprise that
technology vendors are starting to develop software that crunches a variety of statistics in order to spit out metrics that
law firm marketers can use to benchmark their success.
I strongly believe that this
technology is going to
benefit consumers, businesses and
law firms.
Unlike many other
law firms, we embrace modern
technology and understand its
benefits.
Partners» forums in the country's biggest
law firms are being presented with the
benefits of empowering their practice using
technology, and many partners are now on board after learning about how legaltech is transforming legal practice worldwide.
The
technology partnership will additionally see
law firms benefit from numerous LegalRM products and services including: Mobile Records Center, data quality audits, records process reviews, iManage Records Manager implementation services and customization.
In future blog posts, I'll introduce you to more examples of how a flourishing ELM ecosystem that includes Passport, replete with a state - of - the - art
technology platform and partner network, stands to
benefit both corporate clients and
law firms.
Eight extra hours a month is just one of the
benefits law firms can achieve with practice management
technology.
Many
law firms are already
benefiting from AI
technology that automates high - volume, routine processes as well as supporting highly complex tasks.
If you're not already using some of these tools in your
law firm, isn't it time you started taking advantage of
technology and all the
benefits it can offer your busy
law practice?
[But] there is definitely a learning curve: normally in terms of adopting
technologies, I'd say Canada is about three to five years behind the U.S. Right now, [blogging] is still a bit obscure... I think many
law firms, and even solo practitioners, haven't seen the marketing
benefit of it.
«Our focus on leveraging advanced
technology to transform the practice of
law has provided FisherBroyles with a platform that continues to attract top legal talent from traditional
law firms and provide high - quality, cost - effective legal services that
benefit our clients and partners.»
All
law schools, large
law firms and regulatory bodies are certainly handling
technology and its integration into those institutions for the
benefit of their clients (and students) differently and at different paces.
From
technology, office supplies, telephony, furniture and books to insurance, reporting, strategic planning, employee
benefits, consulting and travel — literally everything a
law firm or legal department needs (or wants) is there.
Ron Friedmann at Strategic Legal
Technology furthers the point about the importance of lead generation for
law firms, but he also makes what I think is a key point: the
benefits of blogging tend to accrue to the individual author rather than the
firm.
Law firms can also attend workshops for different
technologies, learning about what's on offer and obtaining an in - depth understanding of how they could
benefit their business.
Sandman argued that if
law firms were ranked and assessed by their use of
technology rather than just revenues and profits, we'd find ourselves in a virtuous competition that could potentially redound to the
benefit of those who lack access to legal services.
Last month, we discussed the
benefits of starting a virtual
law office, and whether you think of a decentralized
law practice as being a «virtual
law office» or a «digital
law firm,» there are indeed many
benefits to harnessing the power of
technology to reduce overhead while spreading the breadth and scope of the practice.
To meet, listen and discuss new ideas about how the legal profession can be improved by
technology for the
benefit of everyone: lawyers,
law firms, the judiciary,
law students, the general public, extra-terrestrial beings.
In this post, we'll cover some of the primary
benefits of adopting
technology into your
law firm and explain three major ways that
technology will make you a better lawyer.
The
firm represents corporate, governmental, and nonprofit entities, as well as individual clients, in a wide range of matters, including corporate; business and insurance litigation; tax and tax - exempt; finance; public finance; land use, environmental and utilities, and real estate; health
law; labor, employment, and
benefits; intellectual property and
technology; privacy and data security; and government relations.
Mary is a frequent writer and speaker on tax,
benefits, asset protection planning, and estate planning topics as well as on
law practice related topics including improving the delivery of legal services,
technology in the practice of
law, building sustainable
law firms, and alternative fee structures.
Toronto
technology and business lawyer Peter Murphy admits many
law firms could
benefit from new information
technologies, but he doesn't advise... Read more
To be candid, if the real and potential
benefits of providing legal advice include speed of service and reduced cost respectively, to achieve a positive outcome, which has ultimately come about via the use of sophisticated IT / AI at some point during the legal service / problem continuum, and as a legal buyer my main concern is the right result, quality, value for money and / or price (which remains the issue in many instances), and I know lawyers and
law firms can now do the work quicker, smarter and more accurately using AI and cognitive computing
technology, can I therefore expect my legal fees to be reduced?
Last week's LegalTech New York 2016 saw a heavy emphasis on the potentials and pitfalls of current legal
technology — especially ediscovery — as well as a questioning of whether
technology itself is best being applied and utilized to the
benefit of
law firms and their clients.
The lawyers I know who work for themselves or in small
law firms tend to be some of the most tech - savvy attorneys I know, mostly because they see more direct
benefits from the efficiencies that can be achieved from using mobile
technology.