Since November 2022, when the release of ChatGPT was first announced, many jurisdictions have released AI guidance. In this column, I’ve covered the advice rendered by many state ethics committees,
Legal Ethics in the AI Era: The NYC Bar Weighs In
The Best Legal Billing Software for Large Firms in 2024
Running a large law firm is a balancing act with many moving pieces—especially when it comes to law firm billing. This is where legal billing software comes in.
Legal billing software streamlines many essential billing tasks for law firms—like tracking billable hours and expenses, creating invoices, and managing payment collections. For large law firms,
Six Time-Tracking Tips to Go Beyond the Basics and Increase Billable Hours
In the fast-paced world of modern law practice, one-size-fits-all time tracking simply isn’t enough. While fundamental time-tracking methods might capture the essentials, they often fall short in maximizing efficiency and profitability.
For lawyers aiming to boost their billable hours and streamline operations, it’s crucial to go beyond the basics. By putting advanced time-tracking techniques into
The Ultimate Guide to Going Paperless in Your Law Firm
Thinking of going paperless? Our Ultimate Guide to Going Paperless focuses on creating an office-wide culture to manage and store documents digitally. This guide:
Captivating Clients: The Power of a High-Converting Website
We’ve all heard about the power of a business card and firm handshake. But in today’s digital age in which more than 35% of legal consumers search for an attorney online first, your law firm website is your online business card and that firm handshake.
Your website is your chance to make the right,
Get Paid Faster with Rocket Matter Pay
We all want to get paid for the work we do. And with so much to pay for—staff salaries, office leases, and all the supplies and technologies that go into running a legal practice—attorneys especially need to be paid on time.
Many law firms struggle with slow payments, but thankfully there’s a solution
Gen AI’s Second Wave: The Rise of Consolidation in Legal Tech
The ILTA Conference I am attending this week is great for seeing where the legal tech industry is going. This is true especially for Big Law and large corporations. One trend is clear: we are witnessing the second wave of Gen AI in this legal market segment. In a word: its consolidation.
Boosting Efficiency in Personal Injury Firms
Although most firms would prefer to be able to increase their caseloads, a heavier per-person case burden tends to reduce the quality of legal services. As caseloads grow, both employee and client satisfaction decreases, and the risk for mistakes with serious consequences increases.
Law Firm Management: It’s Not All (Or Only) About Tech
I was recently at a conference of elite trial lawyers where I presented with Dr. Maura Grossman and was on a panel session where we demonstrated how Generative AI could be practically used. But perhaps the most enlightening time was spent outside of the conference in networking conversations which is, of course, typical.
One of
Here’s the Video Version of My Interview with Jack Newton about Clio’s Record $900M Raise
Last week, as the law practice management company Clio announced a record $900 million funding round, the largest ever for a legal technology company, I published an exclusive LawNext podcast interview with Jack Newton, Clio’s founder and CEO, recorded a few days ahead of the announcement. With so much interest in that story and that
AI’s Role in Modern Law Practice Explored by Texas and Minnesota Bars
If you’re not yet convinced that artificial intelligence (AI) will change the practice of law, then you’re not paying attention. If nothing else, the sheer number of state bar ethics opinions and reports focused on AI released within the past two years should be a clear indication that AI’s effects on our profession will be
LexisNexis Completes Acquisition of Henchman
LexisNexis® Legal & Professional, has announced that it has completed its acquisition of Henchman, a legal tech company that enriches data from Document Management Systems (DMS) for faster document drafting. Belgium-based Henchman has 170+ legal and corporate customers globally including top U.S. and European law firms and companies.
The Henchman acquisition was previously announced
Clio Accounting: Everything You Need to Know
Are you ready to leave complicated accounting tools that aren’t tailored to the unique needs of law practices behind? Are you frustrated by not having a clear view of your firm’s financial health? Are you ready to reclaim your valuable time from administrative tasks and focus more on billable work?
If you said yes to
5 Things to Know About Clio File
As lawyers know all too well, legal e-filing systems can be a headache to navigate. Without a standard across states or nationally, each court has its own setup, and these systems often come with clunky, confusing interfaces. It’s no wonder lawyers feel uneasy using them, worried about making mistakes and missing crucial filing deadlines.
This
What is Spend Management for Law Firms?
Do you know how much money flows into and out of your practice—and whether business expenses and profits are serving your firm’s goals? Taking charge of your law firm’s spend management strategy is crucial to running and maintaining a successful practice.
Tracking client expenses, managing monthly budgets, and keeping tabs on your expenses, operating costs,
Every Lawyer In Texas Now Has Free Access to Smokeball’s Trust Accounting and Billing Software
Every lawyer in Texas is now eligible for free access to trust accounting and billing software, thanks to an exclusive partnership announced today between the State Bar of Texas and the law practice management company Smokeball. Under the partnership, all members of the State Bar of Texas — some 111,000 lawyers — can sign up