Why Law Firms Need to Strengthen the Client Relationship During an Economic Downturn
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 business supply. Consumer sentiment [...]
Hanging Out The Washing
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 and unloading the dishwasher, [...]
The Future of Australia’s Legal Sector Following the Global COVID-19 Pandemic
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 offerings partially protecting industry [...]
COVID 19 exposes technology gaps in mid-tier law firms
Media Release August 2020 An expansive survey of mid-size law firms by Legal Practice Management Systems (PMS) provider PracticeEvolve found that post-COVID-19, the top priority for firms in Australia will be to improve efficiencies in the delivery of legal services. This includes regular review of work processes, greater use, and investment of technology, formal knowledge management programs, and rewarding [...]
State of the Nation Outlook for Mid-Sized Australian Law Firms – 2020/2021
What’s the state of the Australian legal profession following the COVID-19 pandemic? How are mid-sized law firms performing? What challenges are they experiencing today? And what are they set to focus on over the year ahead? To answer these and other key questions, PracticeEvolve ran a targeted survey of law firms around the country, looking to shed light on [...]
How Can Integration Of Technologies Boost Your Firm’s Productivity and Innovation?
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 improve operational efficiency and [...]