Legal Tech Companies

Every business needs an optimized contract management process, but many business owners don’t know how to improve contract management successfully. Without adequately managed contracts, you will face avoidable problems such as missed deadlines, decreased productivity, and even liability issues. Therefore, it is essential to follow these tips to improve your management process if you want to optimize your practice. Why is it worth improving a contract management process? There’s a reason you’re reading this article,…
As discussed recently, the International Auditing and Assurance Standards Board (IAASB) approved new quality management standards (ISQM 1) in an effort to modernize the organization’s previous focus on quality control standards. As these changes take effect on December 15, 2022, this article takes a closer look at the first of these three new standards in greater detail and highlights how accounting firms can begin preparing today. Understanding What ISQM 1 Means For Your Firm…
Rich Marvel explains how data can pinpoint areas of success and weakness to help lawyers make better business choices. This podcast from 3/26/20 is just as relevant then as it is today. Growing Law Firms have many challenges. Those challenges are related to managing due dates, legal activities, tasks and other process management at the data capture points in your system. Growing law firms also need a way to quickly review and make strategic decisions…
When it comes to both automation and, more recently, artificial intelligence (AI), much of the emphasis has been placed on things like physical actions (e.g., factory robots) and insights (e.g., “you might also like…”). However, what has been left almost entirely off the table is how both automation and AI can transform the way knowledge workers approach their work at an organizational level. Read more… The post ZERO: Edge-based Productivity Automation for Knowledge Workers –
Cognitive Productivity Automation or CPA solutions focus on increasing user output while working with existing processes and software. For professional services providers relying on well-paid knowledge workers who have problem-solving and critical-thinking skills and can function independently, higher productivity leads directly to increased profitability. That’s why these organizations are always looking for effective productivity solutions that knowledge workers will actually use. The best of these solutions not only reduce the inefficiencies associated with administrative tasks,…
Garage2Global Business of Law Innovation: Alex Babin, CEO and co-founder of ZERO, a firm devoted to providing AI-powered productivity automation for innovative professional services firms, speaks with Richard Levick and Ian Lipner and Louis Lehot of Foley about their software designed to increase efficiency for professionals when using mobile devices and what’s next in AI innovation for the business of knowledge. Listen here The post Business of Law Innovation – the Garage2Global Podcast appeared first…
The eDiscovery market is constantly changing with caseloads increasing and AI improving. Terry Harrison, Godfather of eDiscovery, spoke to Exigent about what he sees as the next evolution of eDiscovery. Organizations and law firms that do not use the full potential of eDiscovery are failing their clients and stakeholders. That’s the word from the Godfather […] The post What’s next for eDiscovery? appeared first on Exigent.…
“ZERO had transformed itself based not on internal navel study but through actual, in depth conversations with its customers. What ZERO’s customers told it was that ZERO was not an email management software company like it thought. It was, in fact, an automation provider company. What ZERO was really selling and providing—what it was good at— was processes to automate tasks and data.” Read more… The post Duh. It’s Called Listening to Your Customers –
The experiences of the last year have radically changed the way many people approach work, socializing and interactions in general. With so many people forced to telecommute, many people have learned they can do their jobs remotely. Not only do they want more remote work for themselves, they expect others – including law firms – to be able to offer services remotely. With this major paradigm shift, you may have to rethink how you grow…