Category: Tech

The move toward automation is becoming pervasive in various industries. As with any massive change, apprehension is bound to follow. In the case of automation, much of the angst is …

The concept of crowdfunding is based on the idea that it’s easier to get a lot of people to give a little than it is to get a few people …

Most lawyers are familiar with their ethical obligation to limit their fees to reasonable amounts. Rule 1.5 of the American Bar Association’s Model Rules of Professional Conduct reads: “[a] lawyer …

Business decision making processes are changing with the rise of analytics, cloud-computing tools, and big data.  Similarly, the legal sector is also evolving to implement new technologies to improve efficiencies …

Despite the disruptions often involved in implementing new technology, many law firms have discovered that the temporary inconveniences prove valuable in the long-term. For example, in its recent “State of …

No longer is there any need for the legal industry to fall behind in the implementation of AI and machine learning to propel operational efficiencies. FREE TRIAL View Products More …

What is a “reasonable fee”? Articulating a concise yet all-encompassing definition is much more difficult than relying on Supreme Court Justice Potter Stewart’s infamous quote, “I know it when I …

When engaging the services of a lawyer or a law firm, one of the first questions that often arises is whether you can afford the attorney’s fees. Paying for a …

Legal services rely significantly on knowledge and information. In addition, the attorney-client relationship cannot exist without confidentiality and privacy. For these reasons, the protection of sensitive communications and information is …

EffortlessLegal LLC, a Chicago-based tech company bringing advanced Artificial Intelligence (AI), automation, and machine-learning technologies to the legal space, announced today that many of its revolutionary applications now work with …

The internet age pulled back the curtain and encouraged disruption in many specialized industries, and the legal field is no longer an exception. Lawyers used to be allowed more latitudinal discretion, …

Innovative solutions for smarter legal billing have arrived to drive revenue increases for law firms while also controlling costs for clients. Although seemingly at odds, data-driven legal billing applications can …

CHICAGO: EffortlessLegal LLC, a Chicago-based tech company bringing advanced automation and machine-learning products to the legal space, announced today the launch of GroupFund Legal, a crowdfunding platform that revolutionizes the …

Many articles have addressed the fact that recent advances in legal technology allow law firms to enhance the delivery of their legal services by automating manual processes using artificial intelligence …

New advances in software automation and its application to legal work are providing opportunities for law firms to significantly reduce overhead expenses and execution timelines, while maximizing productivity.   The high …

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 …

Innovative solutions for smarter billing have arrived to drive revenue increases for your law firm. Lawyers are all too familiar with the rush to get bills out every month. FREE …

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 …

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 …

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” …

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 …

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 productivity. One of the most prominent ways …