Stay up-to-date on all things legal technology, including practice management, payments, automation, and more.
Law firms are grappling with a growing trend – client rate pressure. Today’s clients, armed with a wealth of information and numerous choices, are demanding greater value, transparency, and affordability from their legal service providers. While this pressure might seem daunting, it also presents an exciting opportunity for law firms
Lawyer burnout is a significant and prevalent issue in the modern legal profession. Studies show that many lawyers face intense pressure and long working hours, causing mental health issues and exhaustion. However, practice management technology is increasingly becoming a viable solution to curtail lawyer burnout. Tools like CARET Legal help
Understanding the financial health of your law firm can be a complex task. One critical metric is your law firm’s profit margin. But what is it, and more importantly, what is considered a good profit margin for a law firm? Let’s explore these questions, discuss the average law firm revenue,
As a law firm owner, selecting the right compensation model is a critical decision that can significantly impact your firm’s success. The perfect model can attract top talent, motivate your team, foster a cooperative culture, and drive your firm’s profitability. With a variety of law firm compensation models to choose
Managing appellate cases can be an overwhelming task because of the unique complexities involved. Luckily there’s a solution that simplifies the process. An appellate case management system is a tool that can make a significant difference in a law firm’s operations, helping navigate these challenges effortlessly. Let’s explore these challenges
As law firm owners, diversifying services and enhancing profitability are top priorities. One avenue to explore is legal consulting, a dynamic and multifaceted field with untapped potential for law firms of all sizes.
23% of a lawyer’s work and 69% of paralegal/legal assistant’s work has the potential to be automated. Did you know that, according to a report by Zero, 85% of timekeepers spend one or more hours per workday drafting documents? Or that 59% spend five or more hours per week classifying
Several legal technology trends are set to reshape how law firms operate. These trends, from artificial intelligence (AI) to remote depositions and digital reporting, promise to streamline operations, enhance service delivery, and even change the way we approach litigation.
Law firm technology can be…overwhelming. It’s hard to know just what capabilities your firm needs versus ones that aren’t high priority. Let’s break down the features of law firm technology and highlight the essentials that can revolutionize your practice.
Leave standalone software behind
Manage all your cases in one place
Manage your documents
Increase billable time and cashflow
Reach and collaborate with your clients
Grow your client list
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