Law Firm Technology

The Implications of Fintech: How It is Reshaping the Legal Industry

Frequently Asked Questions, Law Firm Technology, LegalTech, Press Releases /
Cryptocurrency

https://www.pexels.com The use of fintech has expanded at a very fast rate in different fields and has altered the way that they and perform and work financial transactions.  The legal sector which has always been considered as the slow adopter of technology is witnessing an innovation awakening due to the emergence of financial technologies. This […]

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Future Trends in Australian Legal Practice

Australia Law News, Law Firm Technology, Press Releases, Sponsored Post /
law technology

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

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The A&O Shearman Trainee’s Big LegalTech Deal

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Alexander safesign

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

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How To Boost Productivity – And Profits – With a Virtual Legal Assistant

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AI chatbox

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

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How One Law Firm Embraced Legal AI Across Its Practice

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Amanda Farahany Barrett Farahany

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

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Clio Legal Trends Report – How Can Smaller Law Firms Get Paid Faster?

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Biglaw payday lawfuel

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

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

Law Firm Technology, New Zealand Law News /
Claudiaking lawfuel

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

Law Firm Technology /
Clio

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

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Data Breach31

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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