Choosing the right legal technology for your law firm is critical to its success. Legal tech partners can aid firms in embracing the fast pace of change in technology and meeting business goals. However, certain common mistakes arise when firms are seeking out and then managing relationships with those third-party vendors that should be avoided. Being [...]
Almost every industry has leveraged technology to streamline its operations. The rapid expansion and adoption of legal software highlights the value law firms get out of such technology. The question many firms face today is not whether you need to buy law firm management software, but which one suits the needs of your business? There are [...]
Although Australia and New Zealand have been relatively successful in containing COVID-19 compared with other regions, the worsening outbreak during 2020 has had a significant and growing influence on domestic and international economic activity. According to an IBISWorld COVID-19 Special Report, “COVID-19 has negatively affected the Australian and New Zealand economies by disrupting consumer demand and [...]
I was inspired to write this after my wife complained to me on Friday suggesting she feels “redundant” around the home. Granted, it isn’t the usual complaint that I’m rarely at home but instead suggesting the household chores such as laundry are no longer backing up. Whilst I feel lockdown was an endless cycle of loading [...]
Along with many other industries around the world, the Australian Legal Services sector has undergone significant changes in the wake of the global COVID-19 pandemic. According to IBSWorld Market Research Report, the Australian Legal Services Industry revenue is expected to decline. However, demand for legal services has been resilient compared with many other industries, with core [...]
APIs for law firms: collect, connect and surface valuable data. Today, most legal professionals understand that automation and process optimisation are essential to managing an efficient legal practice in an increasingly data-driven environment. Thus, the legal industry is increasingly seeing the value of investing in accessible technologies that offer higher-value through data-driven analytics and insights and [...]
The legal industry is renowned for being slow to adopt new technology, particularly those firms that operate with the “not broken, why fix” mindset. Unfortunately, as the legal tech around them advances, firms often incur many hidden costs by holding on to outdated solutions. Faced with competing financial demands, astute business leaders always look for ways [...]
Change is a topic that lawyers have historically struggled to embrace much to the frustration of law firm leaders and owners. Isn’t it time that we started to look at the barriers to change and find new ways to approach it? We’ve been hearing for years that law firms are undergoing change. At this time of [...]
Smith & Williamson have recently released their 8th Annual Survey of Irish Law Firms, providing key insights into the attitudes, performance, challenges and opportunities facing the Irish legal sector as it moves into 2020. The national survey considered feedback from managing and senior partners across 120 law firms. Below is commentary on the key survey findings [...]
Innovation is no longer a buzzword in the legal industry. Over recent years, technology has been the catalyst for legal service delivery transformation, replacing labour-intensive tasks with automation and value maximisation of resources. Considering the speed of technological innovation, and its role in increasing the expectations of today’s modern customer, it is safe to [...]
