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For decades, law firms have charged their clients by the hour. It was a solution that seemed logical at the time. There is a lot that goes into working a case, and no way to tell how long it will take when an attorney begins to pursue one. As such, working a case and billing customers upon resolution seemed to work. However, legal clients today are demanding much more transparency, and this old billing structure no longer makes sense.
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Don’t think that, just because you’re operating in a traditional working environment, you’ve missed your chance to adapt
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Adrian Jones, product and development director at Tikit, explains the dramatic changes taking place in how consumers select legal service providers
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Embracing innovation in the legal field is not new – in fact, it’s now a necessity to keep up with the competition and meet client demands. But how do you get your team to embrace change?
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Lucinda Case, lead for legal professionals, Europe, at Thomson Reuters, says some substantial changes for teams in the business like hers are focused on helping firms to see their strategic technology choices go that much further in future
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Pinnacle has worked on hundreds of projects in legal, helping firms to make the most of their business applications. So, I speak with some experience when I say that, in spite of all the procurement procedures and MoSCoW lists (a prioritisation method) used during selection, all clients were underprepared to implement. They were unable to articulate their requirements, especially subtle elements such as “in this situation, it must do this, except when …”.
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The rise of more and more virtual organisational models for law firms has kicked off a disruption of the traditional fundamentals of the legal sector.
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Whilst still in its business’s infancy, SDM Legal outsourced its typing to Quill as an inexpensive way to procure expert typing support.
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Legal awards are a recognised marker of a law firm’s, legal team’s or individual’s excellence. Essentially awards distinguish the crème de la crème of the legal sector as chosen by esteemed judging panels comprising renowned senior figures in law. Winning prestigious awards brings multiple advantages; competitive differentiation and talent retention amongst them.
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At Accesspoint we believe that developing automated forms is a big step in the right direction for forward thinking modern law firms. Our highly trained team have created a number of FormShare products that not only enable firms to use Adobe PDF forms as an efficient method of electronically capturing data but also save many hours of time.
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Insurer capacity inevitably reduces further and further as the 1 October professional indemnity (PI) insurance deadline draws closer. Those law firms yet to secure cover for next year face a race against the clock (and other law firms) to secure the remaining affordable cover.
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Research conducted by LexisNexis for the Bellwether report series highlighted that small firms are becoming more and more attractive to legal professionals as their chosen employer. The Bellwether report, entitled Is the Future Small?, surveyed solicitors currently working at small law firms, where the majority – two out of three of those surveyed – had previously worked in medium to top-tier firms.
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When Ellis-Fermor & Negus needed to overhaul its outdated
analogue system, Advanced delivered time and cost savings
while enabling the firm to increase efficiency.
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We all know that AI (artificial intelligence) and machine learning are among the buzzwords that frequently come up in meetings or discussions around innovation and problem solving. It’s also heavily mooted as a key part of proposed requirements by some supply partners. So, what is AI and how should it be approached to deliver organisational benefits? There are numerous definitions out there, so I’ve tried to take the best of what’s on the web and consolidate it.
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Legal Project Management (or LPM) is becoming essential for law firms. And for good reasons.
