Australia’s legal sector is on the brink of a transformation. As technology advances and client demands become more complex, law firms find themselves at a crossroads. They must either evolve swiftly or risk falling behind in an increasingly competitive market. Image source This discussion delves into the emerging trends that are redefining legal practices across […]
LegalTech Acquisition By Thomson Reuters Legal AI entrepreneur and former A&O Shearman trainee Alexander Kardos-Nyheim has made a major career change – and fortune. Kardox-Nyheim founded the legal AI start-up Safe Sign Technologies in 2022 after graduating from law school at Trinity College, Cambridge, at the same time as embarking on a training contract at
Legal AI Tools & Traps Norma Harris, LawFuel contributing writer We know that legal AI continues its fast march up the list of ‘must have’ tools for lawyers, but what AI apps or tools are the most popular at present? And what are some of the ‘traps’ that lawyers need to be aware of when
A Lawyer’s Guide to Virtual Legal Assistants As a lawyer, your time is valuable. The American Bar Association’s 2023 Legal Technology Survey Report found that lawyers spend only 2.5 hours per day on average on billable work. AI-powered legal assistants are rapidly transforming the legal sector, acting as virtual colleagues that empower lawyers to focus
How To Boost Productivity – And Profits – With a Virtual Legal Assistant Read More »
The Legal AI Case Study Norma Harris, LawFuel contributor Legal AI is overtaking many areas of business and daily life, including law firms who continue to learn how to best embrace the technology rather than being overwhelmed by it. A recent study in Law.com of one law firm, Atlanta-based Barrett & Farahany showed how they
How One Law Firm Embraced Legal AI Across Its Practice Read More »
Clio Report Indicates Growing Role of AI Tom Borman, LawFuel lawtech contributor Mid-sized law firms using online payments are getting paid more than twice as fast as those not using such systems, according to the 2024 Legal Trends for Mid-Sized Law Firms report that Clio published earlier this year. But what does the report show
Clio Legal Trends Report – How Can Smaller Law Firms Get Paid Faster? Read More »
Legal Tech Liquidation Lessons The liquidation of the Taranaki-based law tech startup Firmsy is a salutary tale for startups but also demonstrates the pressures of succeeding in the competitive legal tech space. The firm was placed in voluntary liquidation by founder Claudia King. In the ever-evolving world of legal technology Firmsy (formerly Automio) serves as
The Rise and Fall of Firmsy: A Cautionary Tale in New Zealand’s Legaltech Landscape Read More »
A Big Tick For Clio and Legal Tech Tom Borman, LawFuel legaltech contributor In a landmark move for the legal technology sector, Clio, one of legal tech’s leading providers of cloud-based legal practice management software, has secured a staggering $900 million in Series F funding. This investment propels the company’s valuation to $3 billion, nearly
Clio’s Record-Breaking Funding Signals Rapid Growth in Legal Tech Read More »
A data breach is a nightmare. Compromised data means financial loss, reputation damage and legal repercussions. You need to know the immediate impact and how to respond. Recovering from a breach requires a plan of action. Find the breach, contain the damage and notify the affected. Improve your cybersecurity to prevent future breaches. Prevention includes
Damaging Effects of Data Breach, How to Recover and Prevent it from Happening Again Read More »
With the rise of artificial intelligence, the legal profession is undergoing a significant transformation and with it has come some new legal career opportunities for lawyers with an interest in artificial intelligence and its multiple applications. The advances with generative AI tools open new career opportunities for lawyers, from legal tech consultants to junior lawyers
Legal AI Careers Prospects and Opportunities: Navigating the Future of Law Read More »
