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Improper redaction is a leading source of data breaches globally. In many countries, lawyers have a legal obligation to redact all kinds of confidential information prior to filing court documents – including financial account details, names of minors, home addresses, and dates of birth.
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Across today’s legal ecosystem, a set of complex forces has pushed law firms to strategically reexamine and transform operational support in a way that places a greater emphasis and value on corporate client-facing activities. Cost pressures, new competitors and emerging technology, and evolving workforce dynamics are influencing an industry that is now embracing change in different ways.
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When we visit law firms around the globe, we are often struck by just how many firms are still reliant on paper and paper-based legal business processes. Even at firms with paperless initiatives, we’ll see billing partners packing up stacks of pre-bills to review and edit in the evening at home.
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Legal document automation isn’t scary. Automating the creation of documents is not intended to replace, minimise or threaten what lawyers do. Lawyers always have been, and always will be, the guardians of the legal documents that form the basis of all business; but by automating certain parts of the process, they can be liberated to focus on elements of the role that add real value.
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The word collaboration derives from the Latin com and laborare (to work together). In simple terms, it means working with someone to produce something. It is also defined to as “traitorous cooperation with an enemy”, but in this article I am going to assume we will not need to investigate collaborating with our enemies!
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Delivering knowledge management productively to fee earners today requires a consumer appstyle approach, says Simon Pecovnik, VP of product management, iManage RAVN
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Fraser Mayfield, head of EMEA at Iridium Technology, says learning to price your work more collaboratively can reap some real rewards.
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Revenue Control has been by far and away the busiest area for hiring across the legal accounts function in recent years for our team, with significant change and evolution of teams across the legal sector.
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Procurement plays an essential role in law firms’ ability to reduce and contain costs, manage risks and improve the level of supplier service delivery.
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In ecology, the term “edge effect” refers to the boundary of two or more habitats. At the edge of two intersecting habitats scientists find greater diversity of life, including unique species that are specially adapted to the conditions of the zone where the two habitats come together.
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Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail? What is the technology that lies behind it?
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While third-party suppliers bring many positive opportunities to law firms and other professional services businesses, they also come with risks, given their potential access to firms’ and their clients’ most sensitive data.
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Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’.
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Yes, we may still be discussing some of the same challenges that surfaced years ago in the legal ecosystem, but now we have a sense of “vuja dé” – seeing something familiar with a fresh perspective – a viewpoint that allows us to gain new insight from old problems.
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Nearly everyone who keeps up to date with technological developments has heard of the term ‘machine learning’. It’s a nice buzzword that is being used more and more in recent years. But what does machine learning actually entail? What is the technology that lies behind it?
