Legal Intake Pros’ Post

The unmistakable impact of LegalTech: A glimpse into the 2023 Future Ready Lawyer Survey Report. 🚀 With the recent release of Wolters Kluwer's highly anticipated annual report, we thought we’d share some of its most interesting findings: 🔵 Overall, technology continues to be a critical differentiator for higher performance in the legal sector, and pressure to use it is growing. 🔵 Specialist LegalTech tools are boosting productivity and efficiency and helping to reduce the risk of client attrition. 🔵 When it comes to switching law firms, technology also plays a role for corporate legal departments, who use it to evaluate if their firms and lawyers have the right tools to drive efficiencies and deliver optimal work. 🔵 Their top considerations when deciding whether to switch firms are whether the firm equips its staff with the right tools to perform their work (35%), along with the degree of assistance they offer their staff regarding legal technology selection and implementation (27%). In a nutshell, the imperative for firms is clear: staying abreast of cutting-edge technology and providing robust support in its adoption is no longer a choice but a necessity. At #Definely, not only do we offer leading solutions that allow legal professionals to create, draft and review legal documents in one place with one tool, but we also have a Customer Success team so good it makes the A-Team look like amateurs. 🔥 See how Definely can level up your #LegalTech game by getting in touch today! 📎 https://bit.ly/473tAel

Wrapping up our three-part series by Erica White and Devdeep Ghosh on how General Counsels can boost department ROI, this final instalment dives into optimising existing technology and choosing the right measures of departmental work allocation and results. Discover actionable strategies here: https://lnkd.in/gSdrdgBQ #legalops #legaloperations #lawdepartment #generalcounsel #legaltech #legaltechnology #legalconsulting

4 step framework that will allow small law firms to optimize their client intake process: 1. Show your workflow: -> Demonstrate your process -> Explain your approach for their case -> What inputs do you need from them? -> What kind of docs and information do you need? 2. Highlight past success: -> Pick an old client -> Show why they reached out to you -> How your firm solved their problem -> How you can help them in a similar manner 3. Customized pricing: -> Create a personalized offer for the client -> It depends on the number and type of documents required -> Show them how this investment can save them more later 4. Handling objections: -> Ask if they have any questions -> Clear their doubts if they have any -> And it's done from your side, wait for them. The reason behind using this process is: -> It's transparent -> Helping the client -> Increase conversion rates Try this for 2 months to see clients coming and flowing in confidently for your services. #legalworkflow #legaltech #legaltechnology #lawfirms

🚀 Embrace Automation: The Key to Excellence at Global Law Firms 🚀 In a world where the only constant is change, global law firms are at the forefront of embracing innovation. Automation stands out as a pivotal force in transforming the legal landscape. It's not just about efficiency; it's about enhancing the value we deliver to our clients on a global scale. 🌐 But why is automation so vital in a law firm's success? 1️⃣ Increased Efficiency: By automating routine tasks, you can free up lawyers to focus on what they do best - strategising and advocating for our clients. 2️⃣ Enhanced Accuracy: Automation helps in minimising human errors, ensuring that the work remains meticulous and dependable. 3️⃣ Client Satisfaction: Quicker turnaround times and streamlined processes lead to better client service and satisfaction. 4️⃣ Competitive Edge: Staying ahead of the curve with cutting-edge technology makes the law firm leaders, not followers, in the legal arena. 🔑 Successful implementation of automation is a team effort - and it starts with the lawyers. 👨💼👩💼 The magic happens when they dedicate time to fine-tune the tools, ensuring the inputs are precise. Quality in, quality out! The output of automated systems is only as good as the data we feed into them. Lawyers' expertise and insights are the invaluable ingredients that empower these tools to produce exceptional results. We are not just adopting technology; we are adapting to it - molding it to enhance our services while retaining the personal touch that defines the firms ethos. 🤝 let's harness the power of automation together for a brighter, more efficient future in the legal industry. 💼🚀 #LegalInnovation #Automation #GlobalLawFirm #LawTech #FutureOfLaw

The global legal tech market size was valued at approximately $10.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 37.5% from 2020 to 2027. The importance of software in modern law practices cannot be overstated. A survey conducted by the American Bar Association in 2020 found that 58% of law firms used practice management software, and 31% utilized litigation support software. These tools have become indispensable for tasks ranging from case management to e-discovery, billing, and client communication. Moreover, in a world where 74% of legal consumers prefer law firms that offer the ability to exchange documents electronically (as per a Clio Legal Trends Report), it's evident that embracing technology is no longer optional for law firms; it's a necessity. The integration of software into the legal realm has not only optimized operational efficiency but has also opened doors to innovative solutions like artificial intelligence-powered contract analysis and predictive analytics for litigation outcomes. As we delve deeper into the intricacies of the legal tech market, it's crucial to understand its evolution and the pivotal role software plays in shaping the future of legal services. Keep reading >> https://buff.ly/3SFDWgb #SaaS #Technology #DigitalMarketing #Strategy #ContentMarketing #B2B #Business #Startups #Entrepreneur #LegalTech #Software

🚀 Thrilled to Share Our Latest Achievement in Legal Tech! 🚀 I'm excited to share a remarkable milestone from the Innowise Group, and it's a pleasure to take you behind the scenes of our recent project: https://lnkd.in/dHzGybcC Our team has poured dedication and expertise into creating a solution that addresses the unique challenges faced by legal professionals. 👉 Comprehensive Case Management: Dive into the case study to see how our software streamlines case tracking, document management, and communication, fostering a collaborative environment among legal professionals. 🚀 Workflow Optimization: Learn about the optimization of workflows, reducing manual tasks and allowing legal professionals to focus on what truly matters. 📈 Data Analytics for Informed Decision-Making: Explore how our software incorporates robust analytics tools, providing law firms with actionable insights for strategic decision-making. 💡 Customization for Unique Needs: At Innowise, we understand that each law firm is unique. Our software is designed with flexibility in mind, allowing customization to align with specific requirements. This achievement is a testament to our commitment to innovation and delivering solutions that make a real impact. We believe in the transformative power of technology in the legal sector, and our team is dedicated to pushing the boundaries of what's possible. If you're in the legal profession, I invite you to check out the case study and explore how our technology can elevate your practice. Kudos to the incredible Innowise team for their hard work and dedication on this project! 🙌 #InnowiseGroup #LegalTech #Innovation #LawFirms #ManagementSoftware #DigitalTransformation #TechnologySolutions

Want to win more work and onboard clients seamlessly in your law practice? Onboarding new clients is like speed dating for law firms. After that first conversation with a prospect, you have a limited amount of time to learn as much as you can about the client, their motivations, connections, and suitability. Just like speed dating, when you're trying to onboard new clients for your law firm, you've got to make a lasting impression in a limited time frame. Here's some handy tips on our blog to get them 'swiping right' on your services 😉 : https://bit.ly/3Fggiis And if you're keen to check out our AI solution for lawyers, Titan Lawyer (which has some great project management and onboarding tools for lawyers), head to: https://lnkd.in/e-reca-9 to sign up for a free 7 day trial. If you want a demo of how it works, join us today, Friday 13 October, at 12:00pm AEDT for a 30 minute live test drive of our platform. Register here: https://lnkd.in/giGBGif2 Attendees unlock an extended 14-day trial. Can’t wait to see you there! #generativeAI #artificalintelligence #lawfirms #inhousecounsel #corporatecounsel #lawyers Connor James Katherine Thomas

Morae first understands your legal department's current state to provide proper recommendations for where you want to be. #legalops #morae #benchmarking #legalinnovation #legaltech

Sometimes you just don't know where to start. Costs, productivity and efficiency are all big concerns for law firms. Sorting it out sounds like a large endeavour but you may not need bells and whistles to improve things. Becoming more efficient with your existing technology is a good place to start. What have you got? How are people using it? And, more worrying ... are they using it at all? Taking a holistic look at how your firm creates its work product is far easier with a fresh pair of eyes. From giving coherent instructions through to the production of a 100-page reformatted document - and the steps in between ... it's all just a process. Get in touch and have a conversation with me about some solutions #training #legal #lawfirms #legaltech #msword

Unlike traditional diagnostic and recommendation engagements that cover the same basic steps of “gather raw data, massage data, make cookie-cutter recommendations, up-sell client, rinse and repeat,” Morae’s Legal Department Assessment approach is focused on providing specific solutions to your unique challenges. Often, these challenges are not immediately understood, and cannot necessarily be uncovered through analyzing raw data. So, at the outset of an engagement, we take the time to understand your situation and environment, including working with you to gain an understanding of: -  Your company’s strategic priorities and market challenges; -  Your legal department’s role within the organization and how it may be expected to enable the company’s priorities; -  Your department’s near-, mid-, and long-term goals and priorities.   This foundation enables us to contextualize and customize our approach to your assessment and allows us to provide you with prioritized recommendations that will work for you. We focus on uncovering not only the gaps between your current and desired state, but the unique drivers of your specific challenges. Combined with our deep and broad understanding of best practices and benchmarks, this allows us to tailor pragmatic recommendations suitable to your situation. We compare what we’ve learned about your legal department against external benchmarks including readily available industry best practices. We also offer custom benchmarking against direct industry peers which provides further insights. We validate our initial report with you to ensure our recommendations are realistically aspirational and aligned to the direction of your company and function. Finally, we provide both our recommendations and a prioritized roadmap. We meet you where you are, right now. We factor in your appetite for change, team change management considerations, and ultimately the return on investment. Want to learn more? See our one-pager ( https://bit.ly/3DHpyvg ) that sets out our perspectives on this issue, together with the typical way in which we support clients in addressing their challenges.  A case study is also attached. #morae #changinglegaltogether #legaldepartment #assessment #benchmarking #legalinnovation #legalops #legaltech #law #legalprofessionals #legalsolutions