Law Firm Technology

Law Firm AI – How Law Firms Are Embracing Generative AI to Stay Competitive

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Ben Thompson, legal affairs writer Law firm AI applications are growing in importance as the legal industry undergoes rapid transformation as firms around the globe recognize the importance of embracing generative AI to remain competitive. While historically cautious about technological change, the pace of AI advancement and its swift adoption by corporate legal departments has […]

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Big Law Firm Tests AI’s Competence On Australian Law

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For lawyers using AI the risks are high and so Australian-based law firm Allens, who have a close relationship with Magic Circle leader Linklaters, have looked at the issue around using generative AI for Australian law. The lessons learned may well translate into multiple jurisdictions when the challenges and opportunities presented by AI. Allens have

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Cutting Costs and Boosting Growth – How Remote Depositions, Legal Automation, and CFO Support Can Help Law Firms Thrive

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Running a law firm is undoubtedly about winning cases, but overlooking the importance of cost management and growth strategies would be a mistake. In today’s digital landscape, remote depositions, witness interviews, and legal process automation can revolutionize your firm’s operations – and when you throw expert CFO support into the mix, you create a powerful

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How A LegalTech Startup Founded By A Nigerian Immigrant Secured Millions

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From Unlikely Friendship to Legal Tech Innovation: Definely’s Journey For lawyers Nnamdi Emelifeonwu (pictured) and Feargus MacDaeid, their journeys converged in an unlikely friendship that sparked an idea to transform how the legal industry works with contracts and documents. Their startup, Definely, has now raised $7 million in a Series A round led by Octopus

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LegalTechnology: The KM&I LexPrize™ Innovation Award

What is LegalTech?

Inspired by the remarkable stories shared at the inaugural 2023 KM&I for Legal Conference, we were compelled to establish this prestigious award to recognize and celebrate the visionary contributions shaping the future of knowledge management and innovation in the legal profession.  The KM&I LexPrize Innovation Award honors genuinely impactful innovation in the KM&I community —

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IP Lawyer Robert Plotkin Launches New Book ‘AI Armor,’ a Business Guide for Companies to Monetize and Protect AI Innovations

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(April 16, 2024, Boston) — In the lightning-fast world of artificial intelligence, new companies face numerous challenges to obtaining success, from competitors nipping at their heels to Big AI plotting to assimilate their innovations. But a new book by leading intellectual property lawyer and software patent expert Robert Plotkin reveals that intellectual property (IP) may be an innovator’s

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LegalTech News: Slaughter and May Announce Their Next Legal Tech Cohort

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LegalTech + AI The New Focus Slaughter and May’s next cohort of legal tech companies for their Collaborate program has been announced. Collaborate was started by Slaughter and May as a platform for legal tech startups to test their work in a real world setting, using the firm’s lawyers and business service personnel to develop

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Law Firm Innovation: Cleary Gottlieb and ClearyX Shortlisted for International Law Firm Innovation Award

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Cleary Gottlieb and ClearyX have been shortlisted for the International Law Firm Innovation Award at the upcoming Legal Innovation & Technology Awards, being presented by Law.com International in London on May 23. The Legal Innovation Awards seek to recognize visionary thinkers, pioneers, and game-changers who are reshaping the legal industry. The awards, now in their 10th year,

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Mitigating Losses of Non-Billable Hours to Boost Profitability

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Ari Brojde, CEO of Estateably.com Billable hours constitute a steadfast tradition in the legal industry. But increasingly they also represent a point of contention. That’s because, paradoxically enough, greater inefficiency can equate to higher billings, and thus more revenue. It’s a growing debate, pitting billable hours against non-billable hours. As billable hours drive profits, important

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