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 […]
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 […]
Leveraging the Power of Law Firm Collaboration to Tackle Case Management
Leveraging the Power of Law Firm Collaboration to Tackle Case Management Law firms of today are facing constant pressure to streamline operations and find new ways to increase productivity. The legal market is ripe for disruption, and the use of legal software tools and technology can help law firms do more with less. [1] New […]
How Legal Firms Are Confronting and Minimising Their Carbon Footprints
How Legal Firms Are Confronting and Minimising Their Carbon Footprints Law firms are combatting hurdles in an effort to reduce their environmental impact inline with carbon neutral measures. Introduction As the legal profession continues to grow and evolve, so too does its environmental impact and the impact of technology on legal services. From the immense amount […]
The Most Used Feature in a Legal Tech Solution
The Most Used Feature in a Legal Tech Solution Improving efficiency is an ever-important but never-ending aspect of maintaining and growing any business, including law firms.[1] Every firm wants to improve its productivity regularly with technically advanced solutions, and since we are evolving as a civilization in terms of technology, the legal world is slowly finding […]
The Rise Of Law Firms Transcending Borders To Take On Global Components
The Rise Of Law Firms Transcending Borders To Take On Global Components Introduction Today, the world is more interconnected than ever before. New technologies and collaborative tools such as legal client relationship management software for legal firms, online law practice management software and legal timekeeping and billing software make it easier for businesses to collaborate across borders. As […]
UK Consumer Law Reform and its Effect on Businesses
UK Consumer Law Reform and its Effect on Businesses What the new legislation will mean for UK businesses As it currently stands, the murky world of UK consumer Law is laden with pitfalls and vague legislation. This harbours a breeding ground for businesses to avoid certain codes of conduct in the comfort of knowing that […]
Technology in Law Firm Corporate Governance
Technology in Law Firm Corporate Governance The practice of corporate governance is referred to as a system consisting of a set of rules, practices, and measures designed to direct, control and manage a company [1]. Corporate governance is extremely important for law firms as well. At the end of the day, law firms, too, are businesses […]
The Difference Between E-contracts and Smart Contracts and How These Can Help the Legal Tech
The Difference Between E-contracts and Smart Contracts and How These Can Help the Legal Tech Introduction The emergence of the digital era is aiding enterprises in enhancing their performance. Many new developments and technologies are being introduced in the market that are benefiting organisations of different sectors.[1] All industries are adopting new technologies to streamline their […]
