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Estimated Annual Cost Per Partner for Billing Review Before Using BillerAssist
Estimated Annual Cost Per Timekeeper for Budget Monitoring Before Using EffortlessBudget
Estimated Annual Cost Per Timekeeper for LEDES Coding Before Using LedesAssist
Estimated Annual Cost Per Invoice for Converting LEDES Formats Before Using LEDESConvert
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“The LEDESConvert tool has been a true lifesaver for our new, boutique legal defense firm. As heavy Clio users with a major client that unexpectedly could only accept bills in the LEDES 2000 format, LEDESConvert's ability to easily, effortlessly, and accurately convert LEDES 1998B invoices to LEDES 2000 format has saved hundreds of hours of manual conversion time. A must-have solution!"
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Entrepreneurs routinely use crowdfunding platforms to help fund their big ideas. When it comes to crowdfunding for lawyers and legal cases, however, the practice hasn’t quite caught on. Concerns about potential ethical and privacy issues have appropriately led to caution and skepticism among legal professional. But there is real opportunity for law firms and clients alike to fund their lawsuits and other legal projects by taking a cue from the tech world and the lessons…Read more
Are you taking “reasonable efforts” to keep your law firm & clients’ information safe from a data breach? In 2017, the ABA Standing Committee on Ethics and Professional Responsibility issued Formal Opinion 477R, which “explained a lawyer’s ethical responsibility to use reasonable efforts when communicating client confidential information using the Internet.” More recently, in October of 2018, the same Standing Committee issued Formal Opinion 483, providing new guidance “on an attorney’s ethical obligations after a data breach.”…Read more
Since they were introduced over 20 years ago, Uniformed Task-Based Management System (UTBMS) billing codes have brought clarity to billing and related data analysis. In fact, clients are now increasingly using UTBMS billing codes to analyze much more than just the cost of legal services. For those who might not be familiar, UTBMS codes are used to classify legal services and expenses performed by a law firm or other vendor. UTBMS billing codes categorize legal work and…Read more
As the ways to utilize artificial intelligence (AI) grow, so do the amount of people implementing this cutting-edge technology to their work. According to Statista, the rate of adoption is quite high — global revenues from AI for enterprise applications is projected to grow from $1.62B in 2018 to $31.2B in 2025. Its popularity reaches every sector and is substantially affecting the legal space as well. The possibilities for lawyers to benefit from AI are…Read more