Law Firm Technology

The Rise and Fall of Firmsy: A Cautionary Tale in New Zealand’s Legaltech Landscape

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 […]

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Clio’s Record-Breaking Funding Signals Rapid Growth in Legal Tech

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

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Damaging Effects of Data Breach, How to Recover and Prevent it from Happening Again

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

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Legal AI Careers Prospects and Opportunities: Navigating the Future of Law

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

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What Technology Should Estate Planning Attorneys Leverage?

Estate planning is a critical aspect of legal practice that involves meticulous preparation, comprehensive documentation, and ongoing client communication. With the advent of technology, estate planning attorneys have numerous tools at their disposal that can streamline their workflows. This article explores the essential technologies estate planning attorneys should leverage to stay competitive and deliver superior

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Can Gen AI Really Cut Lawyers’ Time in Half?

The GenAI Law Firm Survey A major UK law firm’s survey of generative AI tools has shown that gen AI cut their lawyers’ work drafting briefs in half. Ashursts used in-depth trials of several AI tools and saw substantial time-saving benefits in legal work. The benefits were particularly significant in creating first drafts quickly and

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

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

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

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

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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