Stress Management: How to Reduce the Pressures of the Profession
We know that the film and television industry portrays the legal profession as non-stop excitement and drama, such as in Chicago Justice and Law and Order, but the reality is …
Optimize Law Firm Revenue
Optimize Law Firm Revenue Innovative solutions for smarter billing have arrived to drive revenue increases for your law firm. Optimize Bills Review and Submission Lawyers are all too familiar with …
Optimize Local Counsel Management
Managing local counsel and assembling their billing is a time-consuming challenge. Manual entry and non-compliant billing cause delays in the legal billing process, with both lead and local counsel losing …
What is Machine Learning and How Does BillerAssist Use It?
Artificial intelligence and machine learning may feel mystical and hard to understand. However, as Arthur C. Clark said, “[a]ny sufficiently advanced technology is indistinguishable from magic.” Machine learning may look …
Increase Revenue and Profits with BillerAssist’s AI and Machine Learning
What metrics does your firm use to determine efficiency and profit? Two commonly used metrics are “realization rate” and “collection rate”. According to the 2018 Legal Trends Report, “realization rates” …
Start Up Alley Competition
The 2019 ABA Techshow EXPO is a three-day event for lawyers, legal professionals, and attendees to discuss and learn the latest in legal industry technology with over 100 technology vendors …
Billing Automation Boosts Realization and Collection Rates
Cost control has been a hot topic in the legal sector at least since the financial crisis of 2008. The economic downturn led many clients to look more closely at …
Optimize Transparency With Your Outside Counsel Billing
Optimize Transparency With Your Outside Counsel Billing With the myriad responsibilities of a company’s legal department, in-house counsel are well served to find the best ways to increase efficiency and …
Law Firms, Clients Should Heed the Tech World, Consider Crowdfunding
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 …
Artificial Intelligence: A Litigator’s New Best Friend?
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 …
Top Five Reasons Why Outdated Technology May Be Hindering Your Firm’s Potential
Are these obsolete technology items still in use? The rolodex, the rotary telephone, and the typewriter used to be ubiquitous in every office across America. But today, unless you are …