How Law Firms Are Developing And Maintaining Prospective Long Term Client Relations
How Law Firms Are Developing And Maintaining Prospective Long Term Client Relations Introduction Prospective new clients are the lifeblood of a law firm. They are also perhaps the most challenging group to manage. Without a steady stream of new prospects, firms will struggle to keep their doors open and partners paid. [1] With so many […]
Is The Legal Industry in the UK lagging behind those in US and Canada?
Is The Legal Industry in the UK lagging behind those in US and Canada? Aside from enjoying a common language, the US and the UK share rich and complex historical roots embedded into almost all parts of their respective cultures. From the legal systems, and political ideals to their shared love of patriotism, these two […]
Is Silicon Valley beginning to show signs of slowing down?
Is Silicon Valley beginning to show signs of slowing down? In the fall of 2019, Google told the world it had reached “quantum supremacy which was a significant scientific milestone that some compared to the first flight at Kitty Hawk – harnessing the mysterious powers of quantum mechanics, Google had built a computer that needed […]
Law Firm Billing: Breaking Away from the Billable Hour
Law Firm Billing: Breaking Away from the Billable Hour How law firms are moving from a traditional hourly format and embracing a more modern system Over the years, legal professionals have billed for legal services based on the amount of time they spent working. This system has always been an imperfect measurement of value to […]
The UK’s Tech Industry has just passed the $1 trillion mark, joining the only other two over $1 Trillion tech industries, US and China
The UK’s Tech Industry has just passed the $1 trillion mark, joining the only other two over $1 Trillion tech industries, US and China The UK tech industry is now valued at $1tn (£764bn), a landmark milestone that has previously only been reached by the US and China.[1] The UK’s thriving digital economy is now worth […]
Why are the UK and Europe reluctant to accept Legal Tech solutions?
Why are the UK and Europe reluctant to accept Legal Tech solutions? Technology has changed the face of everything, and the law is no exception. Law firms worldwide are employing digital strategists and embracing the benefits of legal tech.[1] Before we dive into the legal technology solutions, it’s important to understand what this technology is.[2] Legal technology, […]
Developing a Competitive Edge With Legal Technology
Developing a Competitive Edge With Legal Technology The need to stay competitive and raise client expectations continues to rise in the legal sector. Clients expect more value for less money and have an increasing number of options for where to take their business if they are not satisfied. Therefore, law firms must adopt new working […]
AI, Automation & Technology in Law Firm AML & KYC Checks
AI, Automation & Technology in Law Firm AML & KYC Checks Legal technology solutions are rapidly modernising and remodelling the legal sector. Artificial intelligence, machine learning, and automation, in particular, have been the core drivers of this modernization. This article discusses the impact of such technologies on a law firm’s Anti-Money Laundering (AML) and Know […]
Legal Compilers – Origins and Potential Application
Legal Compilers – Origins and Potential Application In the Good Law Software tech law blog, two particular types of legal tech software are typically discussed, or rather the legal technology solutions that are analysed can be divided into two distinct categories; I (Theoretical) High-Legal Tech: This category encompasses legal technology software that is […]
What happens to your data when leaving a software provider?
What happens to your data when leaving a software provider Leaving or switching a software provider is a complicated task in itself. Yet, despite the inordinate number of quandaries and conundrums, one incredibly important consideration is often overlooked; what happens to your data when you leave your ‘software as a service’ or ‘SaaS’ provider? […]
